Retailers hold out little hope supply chain challenges will abate this year or next, a study of retail executives indicated, while the National Retail Federation affirms it expects imports at the nation’s container ports to remain at near-record levels for the...
The National Retail Federation expressed confidence in its forecast for record holiday season growth, but the organization is looking at the long-term and the health of infrastructure in the United States. “There are several factors coming together to have a major...
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...
Retail sales advanced in September despite supply chain disruptions and inflation as worries about the COVID-19 Delta variant pushed consumer spending toward merchandise rather than services such as dining, entertainment or travel, the National Retail Federation...