National Retail Federation
NRF: Thanksgiving Weekend Shopping Exceeds Initial Expectations
Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation…
NRF: Consumer Spending to Continue Despite Consumer Confidence Dip
Despite falling consumer confidence numbers, shoppers are continuing to spend, according to National Retail Federation Chief Economist Jack Kleinhenz.
The Consumer Confidence Index, collated…
NRF Predicts 2021 Record Holiday Shopping Season
Holiday spending has the potential to shatter previous records, as the National Retail Federation forecasts that holiday sales during November and December will grow between 8.5 percent and 10.5…
March Retail Sales See Strong Rebound
Retail sales rebounded with huge gains in March as government checks fattened consumers’ bank accounts and more vaccination against COVID-19 made it easier for shoppers to get out of the house and…
Retail Import Surge Expected Through Summer
The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand…
Average Easter 2021 Spending Expected to be Highest on Record
Consumers plan to spend an average of $179.70 this Easter, the highest figure on record, according to results of the annual survey released by the National Retail Federation and Prosper Insights…
February Retail Sales Show Strong Year-Over-Year Growth as Vaccine, Stimulus Provide a Boost
Retail sales gained considerable year-over-year traction in February – despite a monthly slowdown from unusually high numbers in January – as increased COVID-19 vaccination, government stimulus and…
Retail Imports Expected to Grow Dramatically During First Half of 2021
Imports at the nation’s largest retail container ports are expected to grow dramatically during the first half of 2021 as increased vaccination and continued in-store safety measures enable…
NRF Forecasts Retail Sales to Exceed $4.33 Trillion in 2021
The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 6.5 percent and 8.2 percent to more than $4.33 trillion in 2021 as more individuals get…
January Retail Sales Show Strong Increase
Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020’s record holiday season carried over into the new year, the National Retail Federation said…