Retail sales grew in October, showing monthly and year-over-year gains heading into the holiday shopping season, according to the CNBC/NRF Retail Monitor. “Retail sales grew in October as consumers geared up for the holiday season,” says NRF president and CEO …
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Consumer Sentiment Falls to Near-Record Low Amid Government Shutdown Concerns
Consumer sentiment dropped to a near-record low amid government shutdown concerns, according to the University of Michigan’s consumer-sentiment index. The index reported a reading of 50.3 in November, down from 53.6 in October and down 29.9% year over year. This …
Read More »Import Cargo Slowdown Forecasted for Year-End
Import cargo volume at the nation’s major container ports is expected to see a typical end-of-year slowdown in November and December, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “We’ve spent …
Read More »TAL Building Centers Announces 2 Key Promotions
TAL Building Centers recently announced two key promotions: Gaven Gregory has been named chief operating officer and Billy Cornelius has been named vice president of pro sales. Gregory brings leadership experience in retail and business operations from leadership roles at …
Read More »Multifamily Housing Market Confidence Rises in Q3 2025
Confidence in the market for multifamily housing increased year over year in the third quarter, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The Multifamily Production Index (MPI) had a reading of …
Read More »Retail Holiday Spending Forecast to Hit $1 Trillion
Retail sales in November and December are expected to grow between 3.7% and 4.2% from last year, according to the National Retail Federation’s (NRF) recently released annual holiday forecast. This translates to total spending between $1.01 trillion and $1.02 trillion. …
Read More »Penny Shortage Pushes Stores to Adjust Prices and Change Systems
In February 2025, President Donald Trump announced that the U.S. Mint would stop minting pennies, citing their high production cost. According to the U.S. Mint, it cost 3.7 cents to make one penny in 2024. Now, retailers across the country …
Read More »spoga+gafa Details Theme and New Concepts for 2026 Show
spoga+gafa, the premier global trade fair for garden, lifestyle and barbecue, is preparing for new concepts at the 2026 show, taking place from June 22-24 in Cologne, Germany. The show’s theme is “Growing Forward,” responding to dynamic market developments, changes …
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