LANSING, Mich. – Michigan retailers reported a small month-over-month drop in August sales after a successful July.
The August Retail Index survey came in at 48.1, a decrease from July’s 60.0.
LANSING, Mich. – Michigan retailers saw another month of increased sales as stores’ doors remain open, but with certain restrictions in place, such as half capacity seating limits and face mask orders.
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.