Americans have been in a spending mood. The Commerce Department reported this week that retail sales rose 0.6 percent in July from June. June's sales also were revised higher.
In July, Americans increased their spending on most goods except for clothes and gasoline. Sales also rose 1.2 percent at auto dealers, 1.2 percent at home and garden centers and even 1 percent at department stores that have been losing ground to internet rivals.
But market share losses to Amazon and similar companies remain a big problem for those department stores. Sales at nonstore retailers—a category that includes many online retailers—rose 1.3 percent last month from June. They were up 11.5 percent from a year earlier.
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