Around 157.2 million consumers plan to shop the last Saturday before Christmas, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This estimate is up from 141.9 million shoppers last year, and …
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NRF Reports November Retail Sales Up Despite Shorter Shopping Timeframe
The CNBC/National Retail Federation (NRF) Retail Monitor cited retail sales growth for November despite sales from Thanksgiving weekend being counted in December. Total retail sales, not including automobiles and gasoline, were up 2.35% unadjusted year over year and up 0.15% …
Read More »3 Ways Returns Are Impacting Retailers
A recent report published by the National Retail Foundation (NRF) and Happy Returns notes the prevalence of returns in the retail industry and cost threats returns pose for retailers. The report says retailers estimate 16.9% of their annual sales this …
Read More »Increase In Imports Expected at U.S. Ports With Looming Tariffs and Potential Strike, NRF Says
The Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates details an expected surge in imports from now until next spring due to an imminent increase in tariffs and potential strike at container ports …
Read More »Thanksgiving Holiday Weekend Brings in Near Record Number of Shoppers
This year’s Thanksgiving weekend sales brought in an estimated 197 million shoppers, according to a survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The number of shoppers this year surpassed NRF’s expected estimate of 183.4 …
Read More »NRF Expects 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 …
Read More »NRF Predicts Holiday Sales Growth
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 …
Read More »Dockworkers’ Union Suspends Strike to January
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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