by Mike Duff | Nov 18, 2022 | Featured News, Retail Articles
The National Retail Federation forecasts 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, up eight million from the 2021 period. The robust holiday weekend forecast was issued as NRF reported retail sales gains...
by Mike Duff | Nov 4, 2022 | Retail Articles
Even with recent inflationary challenges, the National Retail Federation has forecast that holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion. Last year’s holiday sales grew 13.5% versus...
by Mike Duff | Oct 17, 2022 | Retail Articles
Retail sales remained strong with another year-over-year gain in September despite an interest rate hike from the Federal Reserve and ongoing inflation, the National Retail Federation stated, with core sales better versus August. The United States Census Bureau...
by Mike Duff | Oct 4, 2022 | Featured News, Retail Articles
Consumers may worry about high inflation and interest rate hikes initiated by the United States Federal Reserve intended to bring inflation under control, but that hasn’t stopped them from spending, according to National Retail Federation Chief Economist Jack...
by Mike Duff | Sep 16, 2022 | Retail Articles
Consumers continued to spend in August despite inflation as more jobs and higher wages helped ease the pressures associated with rising prices, according to the National Retail Federation. The United States Census Bureau has announced that overall retail sales in...