An estimated 182 million people, 15.7 million more than last year, are planning to shop in-store and online on Thanksgiving weekend this year, according to the annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. It …
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Census Data Shows Retail Sales Growth in October
Retail sales kept up a long streak of year-over-year gains in October even though the growth rate continued to slow, says Jack Kleinhenz, National Retail Federation (NRF) chief economist, in response to the U.S. Census Bureau’s release of monthly data …
Read More »National Retail Federation Predicts Record Holiday Spending in 2023
Jack Kleinhenz, National Retail Federation (NRF) chief economist, says 2023 could be another record year for holiday spending. “The last few holiday shopping seasons have been filled with unmatched peculiarities for consumers and retailers alike,” Kleinhenz says. In 2020, sales …
Read More »Record Number of Consumers to Celebrate Halloween in 2023
Total Halloween spending in 2023 is expected to reach a record $12.2 billion, outpacing last year’s record of $10.6 billion, according to the National Retail Federation’s (NRF) annual survey conducted by Prosper Insights & Analytics. A record number of people, …
Read More »Tech Takeaways From NRF 2023: Retail’s Big Show
Tech Giants: Hear from former execs of technology powerhouses Amazon and Google at the 2023 NHPA Independents Conference. Learn more at YourNHPA.org/conference. Bringing together players from across the industry, NRF 2023: Retail’s Big Show focused on innovation, new ideas and …
Read More »NRF 2023: Retail’s Big Show Kicks Off This Weekend
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 …
Read More »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 …
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