Bank of America Institute research released last week found that overall, consumers were price conscious last year. When making discretionary purchases, they favored smaller-ticket items rather than more expensive goods and services. An expected increase in tax refunds in 2026 …
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NRF Shows Strong Holiday Spending Data
Retail sales increased during the holiday season, rising 4.1% from November to December, according to the CNBC/NRF Retail Monitor. The growth is in line with the National Retail Federation’s (NRF) forecast for record spending. “December Retail Monitor data saw a …
Read More »Father’s Day Spending to Reach New High
Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high …
Read More »4 Home Security Lights to Keep Your Customers Safe
According to the 2023 Home Security Market report from SafeHome.org, a home security product research company, 45 million households have video doorbell components. For some homeowners, however, video doorbells are out of the budget, but they still want to protect …
Read More »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 »NRF Predicts Record Mother’s Day Spending
Mother’s Day spending is expected to reach $33.5 billion this year, the second highest in the history of the survey, following last year’s record $35.7 billion, according to the annual consumer survey released by the National Retail Federation and Prosper …
Read More »NRF CEO Talks State of Retail in 2024
NRF CEO and president Matthew Shay joined the “Retail Gets Real” podcast live alongside Bill Thorne, NRF senior vice president of communications and public affairs, from Retail’s Big Show to talk about the event, how retailers fared this holiday season …
Read More »Holiday Spending Up 3% Over Last Year
Retail holiday spending during the 2023 holiday season rose just over 3% year over year, according to data from Mastercard SpendingPulse. “This holiday season, the consumer showed up, spending in a deliberate manner,” says Michelle Meyer, chief economist at the …
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