U.S. retail sales faltered in May as the pull-forward of demand for durable goods and automobiles from the threat of tariffs waned. Headline retail sales fell 0.9% during the month, significantly more than the 0.6% drop expected from consensus estimates. However, most of the decline was driven by just a few retail categories.
Retail sales slowdown does little to dent upward trend for store rents
Long-term sales growth continues to support record retail rents
By Brandon Svec
CoStar Analytics
June 24, 2025 | 10:00 P.M.
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