by Mike Duff | Jan 13, 2025 | Retail Articles
Retail sales made gains in December, boosted in part by two busy Thanksgiving weekend holiday shopping days falling during the final month of the year, the National Retail Federation announced. The CNBC/NRF Retail Monitor report for December 2024 had total retail...
by Mike Duff | Dec 16, 2024 | Retail Articles
Economic activity in the services sector expanded for the fifth consecutive month in November, according to the Institute for Supply Management’s Report on Business, with retail in positive territory. In its survey of purchasing and supply executives in the United...
by Mike Duff | Nov 2, 2023 | Featured News, Retail Articles
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...
by Mike Duff | Oct 31, 2023 | Retail Articles
In its annual holiday forecast, payments provider Blackhawk Network stated that spending on the festive season will gain a modest 3%, with gift cards getting a more significant piece of the holiday pie. According to Blackhawk, consumers will spend 43% of their holiday...
by Mike Duff | Feb 6, 2023 | Retail Articles
In association with the February issue release of NRF’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz maintained that a recession is unlikely in the immediate future and the United States economy should see slight growth in 2023 as...