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NRF: Retail sales rose sharply in July amid Prime Day, back-to-school sales, rising wages Market research 

NRF: Retail sales rose sharply in July amid Prime Day, back-to-school sales, rising wages

Retail sales reversed their downward trend in July as Prime Day and major promotions by other brands prompted increased shopping while wage increases gave consumers more money to spend, according to the National Retail Federation. “July retail sales show consumers continue to drive the economy through this period of economic pressure with robust spending supported by steady job growth and... Read More
NRF : “Watch what consumers do, not what they say’ as recovery continues News 

NRF : “Watch what consumers do, not what they say’ as recovery continues

Despite falling consumer confidence numbers amid the recent rise in COVID-19 infections, shoppers are continuing to spend, according to National Retail Federation Chief Economist Jack Kleinhenz in a press release. “With consumer spending accounting for roughly two-thirds of U.S. gross domestic product, all eyes are closely watching shoppers’ ability to drive the economy,” Kleinhenz said. “If consumer finances are any indication,... Read More
NRF: August retail sales rise despite ‘Trifecta of Macroeconomic Headwinds’ Market research News 

NRF: August retail sales rise despite ‘Trifecta of Macroeconomic Headwinds’

The National Retail Federation (NRF) said retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending. “The increase in August retail sales reflects the continued strength of the American consumer and the resilience of our nation’s retailers,” said Matthew Shay, NRF President and CEO. “In spite of the ongoing challenges of... Read More
NRF: Retail sales growth speed up in September Marketing 

NRF: Retail sales growth speed up in September

A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and marked the fourth straight month of year-over-year gains, according to the National Retail Federation (NRF). “Retail sales showed impressive gains in September,” said Mark Shay, president and CEO, NRF. “Consumers continue to prove their resilience and... Read More
NRF: Growing emphasis on convenience for today’s consumers Marketing Press releases 

NRF: Growing emphasis on convenience for today’s consumers

Today’s consumers increasingly prioritize convenience when it comes to purchases, and expect retailers to continue to offer innovative ways to save them time and effort, according to the latest issue of the Consumer View report released today by the National Retail Federation. “Time is a precious commodity for today’s consumers,” NRF Vice President for Research Development and Industry Analysis Mark Mathews said.... Read More
NRF forecasts holiday sales will grow between 3.8 and 4.2 percent   Market research News Press releases 

NRF forecasts holiday sales will grow between 3.8 and 4.2 percent  

WASHINGTON, October 3, 2019 – The National Retail Federation today said it expects holiday retail sales during November and December to increase between 3.8 percent and 4.2 percent over 2018 to a total of between $727.9 billion and $730.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with an average holiday sales increase of 3.7 percent... Read More
Gen Z: The Next Generation of Retail Influencers and Spenders Market research News Press releases 

Gen Z: The Next Generation of Retail Influencers and Spenders

WASHINGTON, October 2, 2019 – Members of Generation Z influence a significant amount of household purchases and enjoy spending their own money, according to the latest issue of the Consumer View report released today by the National Retail Federation. “We’re seeing a shift in the way families shop where children are much more involved with purchasing decisions,” NRF Vice President... Read More
Modern retailers are meeting multichannel consumer demands News Press releases 

Modern retailers are meeting multichannel consumer demands

WASHINGTON, March 11, 2019 – As more consumers embrace multichannel shopping, retailers are diversifying their investments online and offline to meet customers’ needs, according to the annual State of Retailing Online study released today by the National Retail Federation and Forrester. “Retailers are evolving with customers’ shopping behaviors by creating a seamless shopping experience online and in store,” NRF Vice... Read More
NRF study says more online shoppers want free shipping News Press releases 

NRF study says more online shoppers want free shipping

WASHINGTON, January 15, 2019 – Consumers increasingly expect free delivery of items they buy online and are also embracing new options like picking up their online purchases at a local store, according to the latest issue of the quarterly Consumer View report released today by the National Retail Federation. “Consumers want free delivery, and they’re willing to meet retailers halfway... Read More
Procrastinators rush to meet holiday deadline Market research Press releases 

Procrastinators rush to meet holiday deadline

134 million Consumers Plan to Shop on Super Saturday WASHINGTON, December 19, 2018 – More than 40 percent of holiday shoppers surveyed expect to finish their holiday gift shopping by today, but the biggest procrastinators will still be buying gifts through Christmas Eve, according to the annual consumer sentiment survey released today by the National Retail Federation and Prosper Insights... Read More
Thanksgiving weekend multichannel shopping up almost 40 percent over last year Market research News Press releases 

Thanksgiving weekend multichannel shopping up almost 40 percent over last year

WASHINGTON, November 27, 2018 – From Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped either in stores or online, surpassing the 164 million who had said they would shop in a consumer sentiment survey conducted ahead of the holiday, the National Retail Federation and Prosper Insights & Analytics said today. The average shopper spent $313.29 on gifts and... Read More
NRF survey says more than 164 million consumers plan to shop over five-day Thanksgiving Weekend   Market research Press releases 

NRF survey says more than 164 million consumers plan to shop over five-day Thanksgiving Weekend  

WASHINGTON, November 16, 2018 – Retailers are preparing for one of their biggest weekends of the year as an estimated 164 million people are already planning to go shopping Thanksgiving Day through Cyber Monday, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “Whether it’s heading to the stores after finishing their... Read More
Strong U.S. job growth good sign for holiday sales, retail employment nearly unchanged from September News Press releases 

Strong U.S. job growth good sign for holiday sales, retail employment nearly unchanged from September

WASHINGTON, November 2, 2018 – Retail industry employment in October remained essentially unchanged from September, dropping only 900 jobs despite the loss of 8,800 jobs year-over-year in the face of two major hurricanes since Labor Day, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 250,000 jobs in October –... Read More
NRF: Consumers will spend 4.1 percent more than last year during winter holidays Market research News 

NRF: Consumers will spend 4.1 percent more than last year during winter holidays

WASHINGTON, October 24, 2018 – Consumers say they will spend an average of $1,007.24 during the holiday season this year, up 4.1 percent from the $967.13 they said they would spend last year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “The holidays are just around the corner and consumers are... Read More
September retail jobs increase more than 25,000 over 2017 News Press releases 

September retail jobs increase more than 25,000 over 2017

WASHINGTON, October 5, 2018 – Retail industry employment in September increased by 25,600 jobs unadjusted over the same time last year despite a seasonally adjusted drop of 23,600 jobs from August, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 134,000 jobs over August, the Labor Department said. “I think... Read More