Despite announcements of store closings, particularly in the New York City and Chicago markets, TJX Corp. continues to add locations in the United States and worldwide. Some adjustment of retail strategy at TJX is evident, including its recent decision to end...
According to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates, the ports the organizations covered in the United States handled 2.03 million Twenty-Foot Equivalent Units in September, the latest month for which...
Although macroeconomic factors have weighed on holiday sales prospects, National Retail Federation Chief Economist Jack Kleinhenz, as part of NRF’s Monthly Economic Review for November, stated that consumer spending momentum looks to chug along in the last two months...
For the upcoming holiday season, the National Retail Federation is forecasting that sales will reach record levels during November and December, growing between 3% and 4% versus the 2022 period and reaching between $957.3 billion and $966.6 billion total. Despite a...
The holiday season is coming up fast, and according to a National Retail Federation consumer survey conducted by Prosper Insights & Analytics, consumers expect to spend $875 on average on gifts, decorations, food and other seasonal items, up about $42, or 5%, from...
