The labor market and what the Federal Reserve does with interest rates could have a major effect on the 2024 economic prospects for the United States, according to National Retail Federation chief economist Jack Kleinhenz. As part of NRF’s Monthly Economic Review,...
Romance is in the air and more consumers are willing to spend on their passions this Valentine’s Day when holiday-related sales are likely to reach $25.8 billion, on par with the year-earlier occasion and the third-highest spending total on record. The annual sales...
A survey sponsored by Loop, a return management platform for e-commerce brands, found that 39% of online shoppers admit to engaging in return policy abuse or fraudulent behaviors in the past 12 months or know someone who has. The behaviors ranged from outright fraud...
The National Retail Federation reportedcore retail sales in the holiday season gained 3.8% from the year-earlier period, near the top of the organization’s forecast range. Based on United States Census Bureau data, as was the earlier forecast, core retail sales...
Consumer spending might not sustain the economic growth seen recently in the United States, according to an analysis by the National Retail Federation. NRF Chief Economist Jack Kleinhenz, commenting as part of the organization’s Monthly Economic Review, said...
