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March’s 8.7% Drop in US Retail Sales Marks Biggest Decline in Decades

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

All the panic-buying and pandemic prepping in the world couldn’t keep March’s retail sales numbers afloat. U.S. retail sales plunged 8.7 percent in March, compared with a revised decline of just 0.4 percent in February, the U.S. Department of Commerce said Wednesday, marking the worst drop since the government began tracking retail sales in 1992. Seasonally…

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