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NRF: COVID-19 impact on imports expected to be larger and last longer than previously expected   News 

NRF: COVID-19 impact on imports expected to be larger and last longer than previously expected  

GaryPageau ,
The coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as factory shutdowns and travel restrictions in China continue to affect production, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “There are still a lot of unknowns to... Read More
NRF predicts 2020 retail sales to increase 3.5-4.1 percent News 

NRF predicts 2020 retail sales to increase 3.5-4.1 percent

GaryPageau
The National Retail Federation forecast retail sales during 2020 will increase between 3.5 percent and 4.1 percent to more than $3.9 trillion despite uncertainty from the lingering trade war, coronavirus, and the presidential election. “The nation’s record-long economic expansion is continuing, and consumers remain the drivers of that expansion,” said Matthew Shay, NRF president and CEO. “With gains in household... Read More
NRF: January retail sales grew 2.7 percent over last year Market research Press releases 

NRF: January retail sales grew 2.7 percent over last year

GaryPageau
Retail sales in January increased 0.2 percent seasonally adjusted over December and were up 2.7 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “The strength of consumer spending continues to be the anchor of the current economic expansion,” NRF Chief Economist Jack Kleinhenz said. “January’s retail sales results reflect a... Read More
NRF says 2019 holiday sales were up 4.1 percent Market research News Press releases 

NRF says 2019 holiday sales were up 4.1 percent

GaryPageau
Holiday retail sales during 2019 grew 4.1 percent over the same period in 2018 to $730.2 billion, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. Online and other non-store sales were up 14.6 percent over the year before at $167.8 billion and are included in the total. “Having spent the last week with... Read More
Nearly 148 million Americans plan to shop super Saturday Market research Press releases 

Nearly 148 million Americans plan to shop super Saturday

GaryPageau ,
Super Saturday continues to be the biggest shopping day of the year with an estimated 147.8 million U.S. consumers expected to participate, up from 134.3 million last year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “While many people started holiday shopping early, those who waited until Thanksgiving weekend are feeling... Read More
November retail sales kick off holiday season with 2.1 percent growth over last year: NRF Market research 

November retail sales kick off holiday season with 2.1 percent growth over last year: NRF

GaryPageau
Retail sales in November increased 0.1 percent seasonally adjusted over October and were up 2.1 percent unadjusted year-over-year, marking the first half of the holiday season with billions of dollars in shopping left to be done, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “November showed modest growth on the surface, but you... Read More
NRF: Half of holiday shoppers have already started   Marketing Press releases 

NRF: Half of holiday shoppers have already started  

GaryPageau
More than half of consumers have already started their holiday shopping and nearly a quarter of purchases have already been made, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “This is further evidence that the holiday season has grown far beyond the period between Thanksgiving and Christmas,” NRF President and CEO... Read More
More than 165 million people expected to shop over five-day Thanksgiving weekend   News 

More than 165 million people expected to shop over five-day Thanksgiving weekend  

GaryPageau ,
WASHINGTON, November 15, 2019 – Retailers are preparing for one of the busiest shopping weekends of the year with an estimated 165.3 million people likely to shop Thanksgiving Day through Cyber Monday, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “The tradition of Thanksgiving weekend holiday shopping has become a five-day... Read More
October retail sales grew 4.2 percent over last year   Market research 

October retail sales grew 4.2 percent over last year  

GaryPageau
Retail sales in October increased 0.2 percent seasonally adjusted over September and were up 4.2 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “Despite the gradual slowdown in the U.S. economy, consumers are in a good place and October’s retail sales are a step forward into the all-important holiday season,”... Read More
Holiday shoppers plan to spend 4 percent more this year  Market research News Press releases 

Holiday shoppers plan to spend 4 percent more this year 

GaryPageau ,
WASHINGTON, October 24, 2019 – Consumers say they will spend an average of $1,047.83 this holiday season, up 4 percent from the $1,007.24 they said they would spend last year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. Shoppers between the ages of 35 and 44 plan to spend the most... Read More
September retail sales grew 4.5 percent over last year Marketing Press releases 

September retail sales grew 4.5 percent over last year

GaryPageau
WASHINGTON, October 16, 2019 – Retail sales in September were down 0.1 percent seasonally adjusted from August but up 4.5 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “The pullback in September compared with August is possibly a reaction to increased fears over U.S.-China tensions,” NRF Chief Economist Jack Kleinhenz... 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  

GaryPageau ,
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

GaryPageau , , ,
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
NRF: August retail sales grew 4.6 percent over last year but new tariffs present ‘downside risks’ News Press releases 

NRF: August retail sales grew 4.6 percent over last year but new tariffs present ‘downside risks’

GaryPageau ,
WASHINGTON, September 13, 2019 – Retail sales were up 0.4 percent in August seasonally adjusted from July and up 4.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “While consumer attitudes about the economy indicate some retreating optimism, the bottom line is that consumer spending remained resilient in August and... Read More
Retail imports surging again ahead of more tariffs   News Press releases 

Retail imports surging again ahead of more tariffs  

GaryPageau
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