by Mike Duff | Dec 2, 2022 | Featured News, Retail Articles
Despite strong consumer spending, gross domestic product is unlikely to grow as much in the final months of 2022 as it did in the third quarter, National Retail Federation Chief Economist Jack Kleinhenz stated as part of NRF’s Monthly Economic Review, but he also...
by Mike Duff | Nov 29, 2022 | Retail Articles
According to the National Retail Federation, a record 196.7 million consumers across the United States shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. In the annual survey covering the period...
by Mike Duff | Nov 18, 2022 | Featured News, Retail Articles
The National Retail Federation forecasts 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, up eight million from the 2021 period. The robust holiday weekend forecast was issued as NRF reported retail sales gains...
by Mike Duff | Nov 4, 2022 | Retail Articles
Even with recent inflationary challenges, the National Retail Federation has forecast that holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion. Last year’s holiday sales grew 13.5% versus...
by Mike Duff | Oct 17, 2022 | Retail Articles
Retail sales remained strong with another year-over-year gain in September despite an interest rate hike from the Federal Reserve and ongoing inflation, the National Retail Federation stated, with core sales better versus August. The United States Census Bureau...
