Early season retailer promotions, a relatively long holiday shopping season and consumer determination to address their gift lists early had an effect on Thanksgiving weekend shopping, the National Retail Federation noted. According to an annual survey conducted by...
The National Retail Federation expressed confidence in its forecast for record holiday season growth, but the organization is looking at the long-term and the health of infrastructure in the United States. “There are several factors coming together to have a major...
Despite headwinds including supply chain challenges, labor shortages and inflation, National Retail Federation president Matthew Shay said in a press event introducing the NRF holiday forecast that “very, very strong” momentum based on consumer spending has the...
According to a study from National Retail Federation and Prosper Insights & Analytics, consumers have plans to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families during this year’s holiday season. Despite the...
Retail sales advanced in September despite supply chain disruptions and inflation as worries about the COVID-19 Delta variant pushed consumer spending toward merchandise rather than services such as dining, entertainment or travel, the National Retail Federation...