by Mike Duff | Mar 29, 2023 | Featured News, Retail Articles
The National Retail Federation expects retail sales growth between 4% and 6% in 2023 with revenues reaching between $5.13 trillion and $5.23 trillion, the organization stated in its annual industry forecast. The 2023 figure compares with 7% growth to $4.9 trillion in...
by Mike Duff | Mar 15, 2023 | Retail Articles
Overall retail sales slipped slightly in February, but core spending excluding automobile dealers, gas stations and restaurants rose, according to the National Retail Federation. In its monthly retail report, the United States Census Bureau said overall February sales...
by Mike Duff | Feb 15, 2023 | Retail Articles
The National Retail Federation reported retail sales bounced back strongly in January as inflation eased and incomes grew. As gift card season proceeded, the United States Census Bureau stated that overall retail sales in January gained 3% from December and 6.4% year...
by Mike Duff | Jan 25, 2023 | Retail Articles
The National Retail Federation expects consumers to spend $25.9 billion on Valentine’s Day this year, up from $23.9 billion in 2022. In its annual survey released today by the National Retail Federation and Prosper Insights & Analytics, 52% of respondents said...
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...