Tractor Supply Company announced multiple growth opportunities it plans to implement through 2030, including an investment community day. “Tractor Supply has a rich history and track record of success. Over the last five years, we have delivered strong financial performance …
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August Sales Rise as Inflation Eases, NRF Says
Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the National Retail Federation (NRF). “Retail sales data shows that consumers continued to spend on household priorities …
Read More »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 »January Retail Sales Soar Despite Omicron, Inflation
Even in light of the COVID-19 omicron variant, inflation and continuing supply chain and labor issues, retail sales jumped in January, according to numbers from the U.S. Census Bureau. Overall retail sales in January were up 3.8 percent seasonally adjusted …
Read More »U.S. Inflation Climbs at Highest Rate Since 1982
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers, which measures U.S. inflation, increased 0.6 percent in January. The all items index increased 7.5 percent before seasonal adjustment, the largest 12-month increase since …
Read More »Inflation, Price Gains and Retail Sales All Jump in October
The month of October saw a jump in three leading consumer metrics—inflation, price gains and overall retail sales. According to the U.S. Labor Department Consumer Price Index for All Urban Consumers, inflation increased 0.9 percent in October, following a modest …
Read More »NRF Expects Record-Breaking Back-to-School Spending in 2021
According to a National Retail Federation (NRF) back-to-school spending survey conducted by Prosper Insights & Analytics, consumers plan to spend record amounts for school and college supplies as families and students look to return to in-person classrooms this fall. “The …
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