May Was A Great Month For Retail. But Will It Last?
May Was A Great Month For Retail. But Will It Last?

Compared with April of 2020, US retail and food services sales jumped in May by an estimated 17.7%.

The data show improved US retail sales after plummeting across categories in March and April as the coronavirus pandemic set in.

But according to Business Insider, the pandemic is still damaging retail's performance.

Recent releases from Mastercard and Visa that show their performances in key metrics are beginning to lag.