US retail sales in August exceeded expectations, rising 0.6% compared to the expected 0.2% increase. Sales at electronics, clothing, and nonstore retailers saw growth. Best Buy CEO Corie Barry notes consumers are seeking value, with sales up in late August, especially with back-to-school shopping. Other retailers report high-income shoppers are trading down for deals.

Read more at Yahoo Finance: Retail sales show US consumer spending holds up, but ‘almost everyone’ is looking for deals