Archives
Month: August 2024
A Letter from the President and CEO
Dear Valued Members,
I want to take a moment to express our sincere gratitude for your valued membership with Michigan Retailers Association. Together, we’ve built a vibrant community of retailers who are dedicated to fostering a thriving local economy.
Michigan Retailers’ July Sales See Rise Over June
100-point Index marker reaches highest point since February 2024
LANSING, Mich. – Michigan Retailers Association today reports that July 2024 sales rose over June, landing at 47.5 on the 100-point Retail Index.
Numerator: Private Label Trends
Over the past year, private label products have constituted nearly 23% of unit sales across ten key product sectors. The general merchandise categories – including office supplies, home and garden items,