LANSING, Mich. – Most stores were forced to close through the entirety of April due to the coronavirus pandemic, and the results of the Michigan Retail Index reflect the expected drastic decline in numbers.
LANSING, Mich. – The pervasive business shutdown prompted by COVID-19 hit Michigan retailers hard, as reflected in the Michigan Retail Index survey released today.
The monthly survey, based on a 100-point range,
LANSING, Mich. – July was a much better month for Michigan retailers, as parents started back-to-school shopping and summer weather encouraged shoppers to hit the stores after a cold, rainy June.
Retailers reported another dip in sales in June 2019, but retailers across the state remain optimistic sales will be on the upswing in the upcoming months.
The monthly Retail Index survey came in at 42.1,