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Tag Archives: National Retail Federation

NRF Expects Holiday Sales Growth

Holiday Sales Growth

A record 183.4 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the National Retail Federation (NRF) Holiday survey. The figure is up from the previous record of 182 million in …

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NRF Predicts Holiday Sales Growth

Holiday Sales

The National Retail Federation (NRF) forecasts between 2.5% and 3.5% growth in holiday spending from 2023, equating to between $979.5 billion and $989 billion in total holiday spending in November and December of 2024. “The economy remains fundamentally healthy and …

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Dockworkers’ Union Suspends Strike to January

Port Strike

The International Longshoremen’s Association (ILA) has agreed to suspend the three-day strike along the East Coast until Jan. 15 in order to provide time to negotiate a new contract. The union agreed to the suspension after it reached a tentative …

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Port Strike to Affect Companies Big and Small

Port Strike

Early Tuesday morning, U.S. East Coast and Gulf Coast dockworkers began their first large-scale strike in over 50 years, stopping the flow of half of the country’s ocean shipping after negotiations between the International Longshoremen’s Association (ILA) and the United …

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August Sales Rise as Inflation Eases, NRF Says

Inflation Eases

Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the National Retail Federation (NRF). “Retail sales data shows that consumers continued to spend on household priorities …

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Census Retail Sales Data Shows Slight July Gains

Retail Sales

Retail sales data released by the U.S. Census Bureau shows consumers continued to increase their spending in July while the growth of the economy is moderating, says Jack Kleinhenz, National Retail Federation chief economist. Retail trade sales were up 1.1% …

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NRF Recent Census Data Shows Gains in Retail Sales

Census Retail Sales Data

Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …

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