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Circana: Retail spending increased 2% in May

Circana: Retail spending increased 2% in May

Circana: Retail spending increased 2% in May

CHICAGO – U.S. retail sales revenue rose 2% in May, according to Circana, which notes that the overall sales figure includes both discretionary general merchandise and consumer packaged goods (CPG). Circana, formerly IRI and The NPD Group, points out that the increase, compared to May 2022, came primarily from food and beverage CPG spending, which

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