According to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, the tariffs enacted by President Donald Trump will impact import cargo at major container ports in the U.S. The report found that imports …
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Retail Sales Surge in April Amid Tariff Concerns
Retail sales grew in April as consumers prepared for the higher prices expected because of the tariffs, according to the National Retail Federation’s CNBC/NRF Retail Monitor. Sales for building and garden supply stores were up 2.77% month over month seasonally …
Read More »6 Products for Warm Spring Weather
With spring rolling in and weather fluctuating month by month, product demand also fluctuates with the temperature and seasons. According to research conducted by the National Retail Federation (NRF) and Planalytics, warm temperatures in March drove demand for home improvement …
Read More »Mother’s Day Spending Expected to Reach Record High
Consumer spending this Mother’s Day is expected to reach $34.1 billion, according to the National Retail Federation (NRF) and Prosper Insights & Analytics, up from last year’s $33.5 billion. 84% of U.S. adults are expected to celebrate Mother’s Day, with …
Read More »Home Depot Named to Top 50 Global Retailers List
The National Retail Federation’s Top 50 Global Retailers list includes the 50 most impactful international retailers based on their operations at the start of 2024. The Home Depot ranked in the 10th spot, with total revenues at the start of …
Read More »Retail Sales Rise Moderately in March Amid Tariff Concerns
The National Retail Federation’s (NRF) CNBC/NRF Retail Monitor recently reported increased retail sales in March following two months of declines. Although sales grew, the gains were moderate due to concerns of rising tariffs. The U.S. Census Bureau’s Advance Monthly Sales …
Read More »Paused Tariffs Offer Temporary Relief for Consumers
Days after sweeping tariffs were announced, President Donald Trump has paused tariffs for most nations for 90 days and increased tariffs on Chinese imports to 125%. As a result of these tariffs, Hackett Associates founder Ben Hackett says imports during …
Read More »NRF Predicts Record Easter Spending
An annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics reveals consumers plan to spend $23.6 billion on Easter this year, surpassing the $22.4 billion spent in 2024. Around 79% of U.S. consumers plan to celebrate …
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