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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NRF Reports November Retail Sales Up Despite Shorter Shopping Timeframe
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% …
Read More »Thanksgiving Holiday Weekend Brings in Near Record Number of Shoppers
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 …
Read More »National Retail Federation Predicts Record Holiday Spending in 2023
Jack Kleinhenz, National Retail Federation (NRF) chief economist, says 2023 could be another record year for holiday spending. “The last few holiday shopping seasons have been filled with unmatched peculiarities for consumers and retailers alike,” Kleinhenz says. In 2020, sales …
Read More »2021 Thanksgiving Holiday Weekend Sales
According to the National Retail Federation (NRF), 180 million Americans shopped during the five-day holiday spending period from Thanksgiving Day through Cyber Monday. When compared to the 186 million shoppers in 2020 and 190 million in 2019, the deceleration has …
Read More »Preparing for a DIY Holiday Season
New research from The NPD Group reveals more shoppers are choosing to take care of household projects they would normally have hired someone else to do before the start of COVID-19. The research firm finds more DIYers are handling general …
Read More »Retailers Prepare for 165M Thanksgiving Weekend Shoppers
New research from the National Retail Federation (NRF) and Prosper Insights & Analytics projects as many as 165.3 million people will shop during the U.S. Thanksgiving holiday weekend, traditionally one of the busiest retail periods each year. “The traditional Thanksgiving …
Read More »2018 Holiday Sales Projected to Rise More Than 4 Percent
Many retailers will see an increase in holiday shopping this year, according to a new report from the National Retail Federation (NRF). The organization projects holiday spending to increase between 4.3 and 4.8 percent in November and December. That figure …
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