The five-day holiday weekend from Thanksgiving through Cyber Monday saw an estimated 197 million active shoppers, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. The total is second highest in the poll’s...
Retail sales were solid in October based on consumer spending driven in part by year-to-date job and wage growth, according to the CNBC/NRF Retail Monitor report from the National Retail Federation. Total retail sales, excluding automobiles and gasoline, gained 0.74%...
The National Retail Federation has forecast consumer spending in the main holiday shopping season November 1 through December 31 will grow between 2.5% and 3.5% compared to the 2023 period. The forecast calls for $979.5 billion to $989 billion in total holiday sales...
CNBC/NRF Retail Monitor reported retail sales in the United States dropped slightly month-over-month in September but moved ahead of the total for the same period in 2023. Total retail sales, excluding automobiles and gasoline, slipped 0.32% seasonally adjusted month...
The International Longshoremen’s Union and the United States Maritime Alliance have reached a tentative agreement that has suspended the strike at East and Gulf Coast Ports and should ensure continued movement of cargo through the holidays and potentially...
