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 …
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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 …
Read More »All Wrapped Up: Products Customers Need for Gift-Giving
‘Tis the season for shopping and the season for wrapping. Along with stocking holiday gifts for your customers, become a one-stop shop by stocking everything they need to wrap up those gifts. Start with a selection of wrapping paper, including …
Read More »3 Shopping Trends Customers Expect This Holiday Season
The holidays are just around the corner but many consumers have already started checking off their holiday shopping lists. U.S. News & World Report shared three shopping trends consumers can expect as they purchase gifts, decor and more for their …
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