by Mike Duff | Jan 8, 2025 | Retail Articles
Economic growth has withstood inflation, high interest rates and other challenges in 2024 and should remain strong in 2025, according to National Retail Federation Chief Economist Jack Kleinhenz. In speaking as part of NRF’s Monthly Economic Review, Kleinhenz said...
by Mike Duff | Oct 9, 2024 | Retail Articles
According to an annual holiday purchase intentions consumer survey from Circana, consumer sentiment and intentions related to the 2024 holiday shopping season are improved versus the past two years but still fall short of 2021 levels in most cases. Most consumers in...
by Mike Duff | Sep 30, 2024 | Retail Articles
According to the 2024 U.S. Holiday Shopping Forecast from Adobe Digital Insights, e-commerce growth during the November/December core shopping season has the potential to produce an online spending record of $240.8 billion, up 8.4% from 2023, as inflationary pressures...
by Mike Duff | May 23, 2024 | Retail Articles
Consumer confidence slipped in April, hit by decreased comfort in the job market, non-essential spending and the ability to make ends meet, according to Numerator. The market researcher’s April Consumer Confidence Score was 56.9, down 0.4% from March. The score is an...
by Mike Duff | Nov 2, 2023 | Featured News, Retail Articles
For the upcoming holiday season, the National Retail Federation is forecasting that sales will reach record levels during November and December, growing between 3% and 4% versus the 2022 period and reaching between $957.3 billion and $966.6 billion total. Despite a...