May sales still dismal but retailers optimistic for summer
LANSING, Mich. – May retail sales continued to tank with stores shut down for most of the month.
The May Retail Index survey came in at 30.0, up from April’s 10.8.
April sales drastically drop as pandemic closes Michigan stores
LANSING, Mich. – Most stores were forced to close through the entirety of April due to the coronavirus pandemic, and the results of the Michigan Retail Index reflect the expected drastic decline in numbers.
March sales nosedive as pandemic and closures hit Michigan stores
LANSING, Mich. – The pervasive business shutdown prompted by COVID-19 hit Michigan retailers hard, as reflected in the Michigan Retail Index survey released today.
The monthly survey, based on a 100-point range,
