Retail sales grew in October, showing monthly and year-over-year gains heading into the holiday shopping season, according to the CNBC/NRF Retail Monitor. “Retail sales grew in October as consumers geared up for the holiday season,” says NRF president and CEO …
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Import Cargo Slowdown Forecasted for Year-End
Import cargo volume at the nation’s major container ports is expected to see a typical end-of-year slowdown in November and December, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “We’ve spent …
Read More »Retail Holiday Spending Forecast to Hit $1 Trillion
Retail sales in November and December are expected to grow between 3.7% and 4.2% from last year, according to the National Retail Federation’s (NRF) recently released annual holiday forecast. This translates to total spending between $1.01 trillion and $1.02 trillion. …
Read More »Strong Holiday Spending Expected Despite Economic Uncertainty
Consumers plan to spend $890.49 per person on average this year on holiday gifts, food, decorations and other seasonal items, according to the National Retail Federation’s (NRF) annual consumer survey conducted by Prosper Insights & Analytics. “Time and again, Americans …
Read More »Rising Return Rates Challenge Retailers in 2025
Retailers estimate that 15.8% of their annual sales will be returned this year, totaling $849.9 billion, according to the 2025 Retail Returns Landscape Report released by the National Retail Federation (NRF) and Happy Returns. “Returns are no longer the end …
Read More »Retail Sales Slow in September
Retail sales slowed in September but increased on a year-over-year basis as retailers prepare for the holiday season, according to the CNBC/NRF Retail Monitor. “Retail sales dipped in September as consumers hit the pause button after two solid months of …
Read More »Import Cargo Volumes to Drop for Remainder of Year
Monthly import cargo volumes are expected to fall below the 2 million TEU mark for the remainder of the year, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “This year’s peak …
Read More »Halloween Decor Sales to Skyrocket This Year
Halloween shoppers this year are expected to spend more on decor than in previous years, alongside completing their shopping for the holiday early. According to the National Retail Federation, 78% of Halloween shoppers are expected to purchase decor. Total spending …
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