Retail sales during the 2024 holiday season grew 4% from 2023 to $994.1 billion, an unexpectedly high increase, says the National Retail Foundation (NRF). This number surpassed NRF’s forecast for 2024, which was that 2024 holiday sales would increase between …
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A tentative labor agreement has recently halted a potential strike at East Coast and Gulf Coast ports, but major container ports in the U.S. have already seen a surge in imports. According to the Global Port Tracker report from the …
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In 2024, economic growth withstood inflation, high interest rates and other global challenges and should continue to show strength in 2025, says National Retail Federation chief economist Jack Kleinhenz. “The U.S. economy ended 2024 on a high note and the …
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Around 157.2 million consumers plan to shop the last Saturday before Christmas, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This estimate is up from 141.9 million shoppers last year, and …
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The CNBC/National Retail Federation (NRF) Retail Monitor cited retail sales growth for November despite sales from Thanksgiving weekend being counted in December. Total retail sales, not including automobiles and gasoline, were up 2.35% unadjusted year over year and up 0.15% …
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A recent report published by the National Retail Foundation (NRF) and Happy Returns notes the prevalence of returns in the retail industry and cost threats returns pose for retailers. The report says retailers estimate 16.9% of their annual sales this …
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The Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates details an expected surge in imports from now until next spring due to an imminent increase in tariffs and potential strike at container ports …
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This year’s Thanksgiving weekend sales brought in an estimated 197 million shoppers, according to a survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The number of shoppers this year surpassed NRF’s expected estimate of 183.4 …
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