Despite uncertainty early in the year, retail sales have remained strong across sectors, including historic sales for home improvement (NAICS 444) and nonstore companies (NAICS 454) like Amazon. Referencing retail sales for September, National Retail Federation president and CEO Matthew …
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August Home Improvement Retail Sales Rise 12% Over 2019
Home improvement sales are still strong compared to 2019, the latest U.S. retail sales data from the U.S. Census Bureau shows. In August, home improvement sales (NAICS 444) stood at a seasonally unadjusted rate of $37.4 billion, up 12 percent …
Read More »Retailers Must Diversify to Overcome Tariff Tensions
Writing for the National Retail Federation (NRF)’s blog, president and CEO Matthew Shay reflected on the effects recent tariff escalations between the U.S. and China have taken on retail supply chains. Review some of his takeaways here. Retailers can’t move …
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 »2019 Holidays Expected to Garner Extra Spending
Consumers will be spending 4 percent more on the winter holidays in 2019 than in 2018, according to the National Retail Federation (NRF). On average, shoppers plan to spend $1,048, buying gifts for family, friends and co-workers; purchasing food, decor …
Read More »A Close Eye on 2019 Retail Trends
As the holiday shopping rush settles, many retailers are ready to look forward and see what retail trends and innovations may be on the horizon for the year ahead. The National Retail Federation Weighs In Matthew Shay, president and CEO …
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