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Mastercard Sees July Retail Sales Expand 11 Percent

Mastercard Sees July Retail Sales Expand 11 Percent

According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail spending, excluding automotive, increased 11.2 percent year-over-year in July, while retail sales, excluding automotive and gas, rose 9.0 percent.

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Lululemon’s Hot Streak Continues

Lululemon’s Hot Streak Continues

Lululemon Athletica Inc. continued its recent roll, delivering first-quarter sales and earnings that surpassed guidance and slightly increasing its outlook for the year. Highlights included 26 percent growth in men’s, a ramped-up push on the run category and 70 percent expansion in China.

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