by Mike Duff | Jan 18, 2023 | Retail Articles
With consumers pressured by economic uncertainty, higher interest and inflation eroding their incomes, retail sales during 2022’s November-December holiday season grew 5.3% over the 2021 period to $936.3 billion but fell short of the National Retail Federation’s...
by Mike Duff | Jan 4, 2023 | Retail Articles
The economy is at a critical juncture with recession a possibility, if not a certainty, National Retail Federation chief economist Jack Kleinhenz stated in the NRF Monthly Economic Review. The United States Federal Reserve’s efforts to reduce inflation may not trigger...
by Mike Duff | Dec 19, 2022 | Retail Articles
A report released by the National Retail Federation and Appriss Retail indicates that consumers will return about $816 billion worth of retail merchandise purchased in 2022, but added that the average rate of return has remained just about flat at 16.5% versus 16.6%...
by Mike Duff | Dec 15, 2022 | Retail Articles
After a surge of early holiday shopping during a promotion-filled October, November retail sales slipped month over month but still saw solid year-over-year gains, the National Retail Federation announced. NRF’s calculation of retail sales, based on United States...
by Mike Duff | Dec 14, 2022 | Retail Articles
The National Retail Federation expects more than 158 million consumers to shop on Super Saturday this year, 10 million more than on the comparable pre-holiday day in 2021. This year, December 17 has been tabbed by retail observers as Super Saturday, the final...
