A record 183.4 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the National Retail Federation (NRF) Holiday survey. The figure is up from the previous record of 182 million in …
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Catering to the E-Commerce Crowd This Holiday Season
WHILE HOLIDAY RETAIL SALES are expected to cool compared to the heights of 2023, e-commerce holiday shopping will see an uptick, according to projections from Deloitte, an audit, consulting, tax and advisory services firm. Deloitte predicts holiday sales will increase …
Read More »NRF Predicts Record Easter Spending
Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights and Analytics. The total figure is the second highest in the survey’s history …
Read More »Record Shopping Coming Thanksgiving Weekend
An estimated 182 million people, 15.7 million more than last year, are planning to shop in-store and online on Thanksgiving weekend this year, according to the annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. It …
Read More »Retailers See Record Number of Shoppers Over 2022 Thanksgiving Weekend
A record 196.7 million Americans shopped in stores and online during the 2022 Thanksgiving weekend, which included the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey by the National Retail Federation (NRF) and …
Read More »NRF Predicts Healthy Growth for Holiday Retail Sales
In light of inflation woes and continued supply chain issues, the National Retail Federation predicts holiday retail sales during November and December will grow 6% to 8% from 2021. That amount of growth would put sales between $942.6 billion and …
Read More »NRF Says Consumers Still Spending in Light of Inflation Woes
In the latest Monthly Economic Review from the National Retail Federation (NRF), chief economist Jack Kleinhenz says that consumers are worried about high inflation and increased interest rates but are still spending. Overall retail sales reported by the Census Bureau …
Read More »Holiday Returns Will Cost Retailers More This Year
Despite an increase in holiday spending, retailers are facing a financial crunch with an increase in holiday returns that will cost them more money. Holiday spending between Nov. 1 and Dec. 24 was up 8.5 percent in 2021, according to …
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