Tag: NRF – Page 10 – The Dead Pixels Society

Retail imports surging again ahead of more tariffs

September 10, 2019September 10, 2019 GaryPageau NRF

WASHINGTON, September 10, 2019 – Imports at the nation’s major retail container ports reached unusually high numbers just before new tariffs on goods from China took effect September 1 and are expected to surge again before another round of tariffs takes effect in December, according to the monthly Global Port Tracker report released today by the National Retail Federation and... Read More

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NRF: July retail sales show strong gains but cautions future growth

August 16, 2019August 15, 2019 GaryPageau NRF

WASHINGTON, August 15, 2019 – Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “July’s strong results are consistent with a confident consumer,” NRF Chief Economist Jack Kleinhenz said. “Households are in good shape with spending... Read More

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NRF: ‘Impressive’ June Retail Sales Beat Forecasts, Show Consumer Remains Engaged

July 16, 2019 GaryPageau NRF

WASHINGTON, July 16, 2019 – Retail sales were up 0.6 percent in June seasonally adjusted from May and up 2.3 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “These are impressive results showing that the consumer remains engaged and that consumer spending gave a boost to the economy in the... Read More

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NRF: Record spending expected for school and college supplies

July 15, 2019 GaryPageau NRF

WASHINGTON, July 15, 2019 – As students gear up to go back to school and college, families plan to spend more than ever on supplies ranging from pencils and backpacks to computers and dorm refrigerators, according to the annual survey released today by the National Retail Federation and Prosper Insights and Analytics. “Consumers are in a strong position given the... Read More

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NRF: Technology is dramatically improving consumers’ shopping experience

July 1, 2019 GaryPageau NRF

WASHINGTON, June 26, 2019 – Consumers are embracing the use of retail technology to improve their shopping experience, according to the latest issue of the Consumer View report released today by the National Retail Federation. “Technology has become part of our everyday lives, and consumers are open to adopting technologies that make shopping easier,” NRF Vice President for Research Development... Read More

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NRF: May’s Retail Sales Show Consumer Resilience and Confidence in the Economy

June 14, 2019June 14, 2019 GaryPageau NRF

WASHINGTON, June 14, 2019 – Retail sales rose 0.5 percent in May seasonally adjusted from April and up 3.2 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “Today’s retail numbers, and upward revisions to prior months, reinforce the ongoing strength of the consumer and are consistent with a pick up... Read More

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Father’s Day spending expected to reach all-time high of $16 billion

May 30, 2019May 30, 2019 GaryPageau Father's Day, NRF

WASHINGTON, May 30, 2019 – Americans are expected to spend more than ever on gifts for Father’s Day this year, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics. Total spending for the holiday is estimated to reach $16 billion, up from last year’s $15.3 billion. “Fathers, husbands and sons can expect to feel the... Read More

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Slower tax refunds and weather affect April retail sales but fundamentals ‘remain positive’

May 15, 2019May 15, 2019 GaryPageau NRF

WASHINGTON, May 15, 2019 – Retail sales were down 0.2 percent in April seasonally adjusted from March but up 5.2 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “Slower tax refunds and weather may have been key factors impacting April’s numbers, but the fundamentals remain positive, particularly in long-term comparisons,”... Read More

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Mother’s Day expected to deliver highest consumer spending to date

April 24, 2019April 24, 2019 GaryPageau Mother's Day, NRF

WASHINGTON, April 24, 2019 – Mother’s Day spending is expected to total a record $25 billion this year, up from $23.1 billion in 2018, according to the annual survey released today by the National Retail Federation. A total 84 percent of U.S. adults are expected to celebrate in honor of their mothers and other women in their lives. “Mother’s Day... Read More

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March retail sales gains are ‘very encouraging’ and ‘set the stage’ for further improvements this year

April 18, 2019April 18, 2019 GaryPageau NRF, Retail trends

WASHINGTON, April 18, 2019 – Retail sales were up 1 percent in March seasonally adjusted from February and up 0.8 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “March’s numbers are very encouraging and set the stage for improved expectations for the economy in the coming months, especially since the... Read More

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Retail employment dropped in March but overall job gains point to economic growth

April 5, 2019 GaryPageau Labor Department, NRF, retail

WASHINGTON, April 5, 2019 – Retail industry employment in March was down by 11,700 jobs seasonally adjusted from February and down 47,400 jobs unadjusted year-over-year, the Labor Department said today. The retail numbers, which exclude restaurants, came as the nation saw a monthly gain of 196,000 jobs overall. “March’s strong rebound in overall hiring throughout the economy is good news... Read More

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February retail sales increased 2.7 percent over 2018

April 1, 2019April 1, 2019 GaryPageau NRF

WASHINGTON, April 1, 2019 – Retail sales were down 0.7 percent in February seasonally adjusted from January but up 2.7 percent unadjusted year-over-year as delays and revisions related to the government shutdown continued to make comparisons difficult, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “The weaker-than-expected February retail sales numbers reflect colder... Read More

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Retail employment dipped in February despite long-term gains

March 8, 2019 GaryPageau NRF

WASHINGTON, March 8, 2019 – Retail industry employment in February was down by 6,100 jobs seasonally adjusted from January and down 5,300 jobs unadjusted year-over-year as employment growth across all industries slowed dramatically, the Labor Department said today. The retail numbers, which exclude restaurants, came as the nation saw a monthly gain of only 20,000 jobs overall, a fraction of... Read More

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2018 holiday sales grew 2.9 percent amid turmoil

February 14, 2019February 17, 2019 GaryPageau Holiday sales, NRF

WASHINGTON, February 14, 2019 – Holiday retail sales during 2018 grew a lower-than-expected 2.9 percent over the same period in 2017 to $707.5 billion, the National Retail Federation said today after the Commerce Department released data that had been delayed by nearly a month because of the recent government shutdown. “All signs during the holidays seemed to show that consumers... Read More

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NRF forecasts retail sales will grow between 3.8 and 4.4 percent

February 7, 2019February 7, 2019 GaryPageau NRF

WASHINGTON, February 5, 2019 – The National Retail Federation today forecast that retail sales during 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown. “We believe the underlying state of the economy is sound,” NRF President and... Read More