Monday, July 24, 2017

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Hispanic consumers are staying home: "Apparel and accessories have also been hurt, according to NPD data through March. Food and small appliances, though, haven’t been affected, Cohen said. The decline in purchases among Hispanics comes as U.S. consumer spending overall has increased amid rising confidence, low unemployment and wage gains. Sneakers are taking a hit with purchases by Hispanics declining at a high-teen percentage this year, according to Matt Powell, also an analyst at NPD. 

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