Retail sales slump. Cheaper gas and an Amazon Prime hangover are the chief culprits.
MarketWatch· Jeffry Bartash· Aug 14, 2026 · 1:27 PM
Sales at U.S. retailers in July had the largest decline in 14 months, but not because the economy sputtered. Americans spent less at gas stations due to cheaper fuel and bought less online after Amazon’s summer sales bonanza.
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