The National Retail Federation announced Lowe’s Chairman and CEO Marvin Ellison will receive The Visionary award as part of the eighth annual NRF Foundation Honors on January 15, 2023, in New York. Presented annually to an outstanding retail industry leader, The...
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...
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...
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...
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...
