Offering three days of educational programming, an expo featuring retail solutions and trends and opportunities to explore the latest in retail technology, NRF 2023: Retail’s Big Show starts this weekend in New York City, hosted by the National Retail Federation …
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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 Study Finds Retail Shrink Is a $100 Billion Problem
In its annual retail survey, the National Retail Federation (NRF) found that retail shrink is an almost $100 billion problem. NRF’s Retail Security Survey is an annual survey of retail loss prevention professionals that covers national retail security issues such …
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 »Back-to-School Trends for 2022
According to the National Retail Federation’s Annual 2021 Back-to-School Survey, 51 percent of K-12 and college shoppers begin shopping for the items they need as early as July. Make the grade by taking note of trending back-to-school items and the …
Read More »Inflation Continued Upward Climb in March
The U.S. Bureau of Labor Statistics reported another jump in inflation in March, up 1.2 percent after a 0.8 percent increase in February. Inflation has risen 8.5 percent over the last 12 months, the largest 12-month increase since December 1981. …
Read More »NRF Forecasts 6 to 8% Retail Sales Growth in 2022
The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are …
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