Despite headwinds including supply chain challenges, labor shortages and inflation, National Retail Federation president Matthew Shay said in a press event introducing the NRF holiday forecast that “very, very strong” momentum based on consumer spending has the...
According to a study from National Retail Federation and Prosper Insights & Analytics, consumers have plans to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families during this year’s holiday season. Despite the...
With the holidays approaching, Macy’s is encouraging consumers to check off their lists using its new gift finder, a tool that helps givers connect with home, toy, apparel and other products. With the holidays approaching, Macy’s is encouraging consumers to check off...
Although Covid-19 continues to make its effects felt in the marketplace, results from the Deloitte 36th annual Holiday Retail Survey indicate that consumers will spend an average of $1,463 per household in the festive season this year, up 5% from 2020. Deloitte, as...
As it follows an earlier expansion of household merchandise, Nordstrom is introducing a redefined home concept in New York that will influence how it approaches domestic items throughout its operations. The retailer announced that it is debuting the Nordstrom Home...
