Page 13 - aruba-today-20221227

BUSINESS Tuesday 27 december 2022
A13

Holiday sales up 7.6% despite the squeeze of inflation HEALTH

DOCTOR ON DUTY
Associated Press spread out their budget, Oranjestad
NEW YORK (AP) — Holi- and they are evaluating
day sales rose this year and shopping at different Hospital 7:00 pm / 10:00pm
as American spending stores," said Katie Thomp- Tel. 527 4000
remained resilient during son, the lead of consul- San Nicolas
the critical shopping sea- tancy Kearney's Consumer Imsan 24 hours
son despite surging prices Institute. Tel.524 8833
on everything from food In November, shoppers Women in Difficulties
to rent, according to one cut back sharply on retail PHARMACY ON DUTY
measure. spending compared with
Holiday sales rose 7.6, a the previous month. Retail Oranjestad:
Eagle Tel. 587 9011
slower pace than the 8.5% sales fell 0.6% from Octo- San Nicolas:
increase from a year ear- ber to November after a san Nicolas Tel. 584 5712
lier when shoppers began sharp 1.3% rise the previous Women in Difficulties
spending the money they month, the government OTHER
had saved during the ear- said in mid-December. Dental Clinic 587 9850
ly part of the pandemic, Sales fell at furniture, elec- Blood Bank Aruba 587 0002
according to Mastercard tronics, and home and Urgent Care 586 0448
Walk-In Doctor’s Clinic
SpendingPulse, which A shopper carries bags down Fifth Avenue on Black Friday, Nov. garden stores. +297 588 0539
25, 2022, in New York.
tracks all kinds of payments Associated Press A broader picture of how Women in Difficulties
including cash and debit Americans spent their EMERGENCY
cards. ic." shifted increasingly toward money arrives next month
Mastercard SpendingPulse Some of the increase re- necessities like food, while when the National Retail Police 100
had expected a 7.1% in- flected the impact of high- spending on electronics, Federation, the nation's Oranjestad 527 3140
527 3200
Noord
crease. The data released er prices across the board. furniture, new clothes and largest retail trade group, Sta. Cruz 527 2900
Monday excludes the au- Consumer spending ac- other non-necessities has comes out with its com- San Nicolas 584 5000
tomotive industry and is counts for nearly 70% of faded. Many shoppers bined two-month results Police Tipline 11141
not adjusted for inflation, U.S. economic activity, and been trading down to pri- based on November-De- Ambulancia 911
which has eased some- Americans have remained vate label goods, which cember sales figures from Fire Dept. 115
what but remains painfully resilient ever since infla- are typically less expen- the Commerce Depart- Red Cross 582 2219
high. tion first spiked almost 18 sive than national brands. ment. TAXI SERVICES
U.S. sales between Nov. 1 months ago. Cracks have They've been going to The trade group expects Taxi Tas 587 5900
and Dec. 24, a period that begun to show, however, cheaper stores like dollar holiday sales growth will Prof. Taxi 588 0035
is critical for retailers, were as higher prices for basic chains and big box stores slow to a range of 6% to Taxi D.T.S. 587 2300
fueled by spending at res- necessities take up an in- like Walmart. 8%, compared with the Taxi Serv. Aruba 583 3232
A1 Taxi Serv.
280 2828
taurants and on clothing. creasingly large share of Consumers also waited blistering 13.5% growth of a
By category, clothing rose everyone's take-home pay. for deals. Stores expected year ago. Women in Difficulties
TRAVEL INFO
4.4%, while jewelry and Inflation has retreated from more procrastinators to hit Analysts will also be dissect-
electronics dipped roughly the four-decade high it stores in the last few days ing fourth-quarter financial Aruba Airport 524 2424
5%. Online sales jumped reached this summer, but before Christmas com- results from major retailers American Airlines 582 2700
10.6% from a year ago and it's still sapping the spend- pared with a year ago in February.q Avianca 588 0059
in-person spending rose ing power of consumers. when people began shop- Jet Blue 588 2244
6.8%. Department stores Prices rose 7.1% in Novem- ping earlier due to a global Surinam 582 7896
registered a modest 1% in- ber from a year ago, down disruption of the supply Women in Difficulties
crease over 2021. from a peak of 9.1% in June. chain that created thou- AID FOUNDATIONS
"This holiday retail season Overall spending has sands of product shortag- FAVI- Visually Impaired
looked different than years slowed from the pandem- es. Tel. 582 5051
past," Steve Sadove, the ic-infused splurges and "Consumers are trying to Alcoholics Anonymous
former CEO and chairman Tel. 736 2952
at Saks and a senior advi- Narcotics Anonymous
sor for Mastercard, said Tel. 583 8989
in a prepared statement. Fundacion Contra Violencia
"Retailers discounted heav- Relacional Tel. 583 5400
ily, but consumers diversi- Centre for Diabetes
fied their holiday spending Tel. 524 8888
to accommodate rising Child Abuse Prevention
Tel. 582 4433
prices and an appetite for Quota Club Tel. 525 2672
experiences and festive Women in Difficulties
gatherings post-pandem- General Info

Phone Directory Tel. 118
Casa Del Mar 2BR/2B:
Week2/unit 1113 (18k);
Week 5/unit 1315 (20k);
Week 8/unit 1113 (19k);
Week 8/unit 1409 (19k);
Week 10/unit 1207 (17k);
Week 13/unit 1509 (14k);
Week 14/unit 1308 (14k); and,
Week 15/unit 1317 (10k).
cdmOwner@gmail.com
us(call/Text): (860)992-3890
facebook.com/arubatoday/
_________________________________216163