According to the latest edition of an annual survey released by the National Retail Federation and Prosper Insights & Analytics, Valentine’s Day spending should reach $23.9 billion this year, up from $21.8 billion in 2021 and the second-highest total on record. ...
Retailers expect consumers to return more than $761 billion in merchandise sold last year for an average of 16.6% of total U.S. retail sales, which soared to $4.58 trillion in 2021. According to a report from the National Retail Federation and Appriss Retail, the 2021...
In a presentation at NRF 2022: Retail’s Big Show, Best Buy CEO Corie Barry revealed the five retail trends she believes are critical to Best Buy and the market in which it competes. The National Retail Federation reported in a blog post that, as part of a session...
The National Retail Federation’s newly elected board chair John Furner, Walmart U.S. president and CEO, told participants in NRF’s annual Big Show that retail needs to understand today’s consumers as looking at the range of shopping options available and choosing what...
In the 2021 November/December, holiday season retail sales grew 14.1% from those in 2020 to $886.7 billion, the National Retail Federation announced, beating its own forecast and setting a new record despite challenges from inflation, supply chain disruptions and the...
