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NRF: $743 Billion in Merchandise Returned in 2023 Market research 

NRF: $743 Billion in Merchandise Returned in 2023

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023, according to a report released by the National Retail Federation and Appriss Retail. As a percentage of sales, the total return rate for 2023 was 14.5%. According to the report, for every $1 billion in sales, the... Read More
Deloitte: Holiday retail sales expected to increase between 3.5% to 4.6% News 

Deloitte: Holiday retail sales expected to increase between 3.5% to 4.6%

Holiday retail sales are likely to increase between 3.5% and 4.6% in 2023, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail and consumer products practice projects holiday sales will total $1.54 to $1.56 trillion during the November to January timeframe. In 2022, holiday sales grew by 7.6% in the same period. Deloitte also forecasts e-commerce sales will grow... Read More
March retail sales gains are ‘very encouraging’ and ‘set the stage’ for further improvements this year News Press releases 

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

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
Statista: Who’s surviving the retail apocalypse? Market research News 

Statista: Who’s surviving the retail apocalypse?

With the bankruptcy of Sears making the news this week, along with retail news from the NRF indicating a strong retail environment, there’s a mixed message in the media. Or is there? According to the above chart from Statista, based on Nielsen data, some retail categories have been hit much harder by the rise of online shopping than others. While... Read More
Retail Jobs Decline in October as Hurricanes Continue to Skew Numbers Market research Press releases 

Retail Jobs Decline in October as Hurricanes Continue to Skew Numbers

WASHINGTON, November 3, 2017 – Retail industry employment declined by 18,000 jobs in October, the National Retail Federation said today. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 261,000 jobs, the Labor Department said. “Retail jobs were down in October while overall employment was up, but it is difficult to draw conclusions because the jobs... Read More
NRF Launches New Quarterly Report On Consumer Behavior Market research Press releases 

NRF Launches New Quarterly Report On Consumer Behavior

Bricks-and-mortar stores are still the cornerstone of American retail WASHINGTON, September 27, 2017 – The National Retail Federation today launched Consumer View, a new quarterly report designed to gauge consumer behavior and shopping trends related to stores, online channels, customer loyalty, technology and other issues. “The retail industry is changing more rapidly than ever before, and this new vehicle will... Read More
Back-to-School and Back-to-College Spending to Reach $83.6 Billion Market research Press releases 

Back-to-School and Back-to-College Spending to Reach $83.6 Billion

WASHINGTON, July 13, 2017 – With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year while back-to-school spending is expected to see its second-highest spending level on record, according to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics. Total spending for school and college combined... Read More
Latest project: The Best Retail Customer Experiences 2013 News 

Latest project: The Best Retail Customer Experiences 2013

One of the recent InfoCircle projects was providing text for the The Best Retail Customer Experiences 2013 report, published by Networld Media Group. Here are the details, from the Networld Media site: “Find out which retailers came out on top in areas such as customer service and online experience. Consumers also weigh in on apps, online vs. brick-and-mortar, loyalty programs and... Read More