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Consumer Confidence Gains Suggest Shoppers Are Ready To Spend

Consumer Confidence Gains Suggest Shoppers Are Ready To Spend

by Mike Duff | Nov 6, 2024 | Featured News, Retail Articles

The Conference Board Consumer Confidence Index increased in October to 108.7 jumping from just below to well over the dividing line between positive and negative sentiments, which is a rating of 100. The September reading was  99.2. The Present Situation Index, based...
ICSC: Holiday Retail Sales To Advance From 3% to 3.5%

ICSC: Holiday Retail Sales To Advance From 3% to 3.5%

by Mike Duff | Oct 18, 2024 | Retail Articles

According to ICSC’s shopping forecast, retail sales should grow 3% to 3.5% during the holidays, even as the organization’s shopping intention study predicts that more consumers will be out shopping this season. The shopping forecast from the former International...
Macy’s Garnishes Holiday Traditions with New Experiences, Products & Promotions

Macy’s Garnishes Holiday Traditions with New Experiences, Products & Promotions

by Mike Duff | Oct 16, 2024 | Retail Articles

Macy’s pins much of its reputation and public position on its holiday initiatives. And this year, it will again invest in iconic events, whimsical window displays, unique shopping experiences and trending gifts while also showcasing a curated collection of fresh,...
NRF Forecasts Holiday Sales Gain of 2.5% to 3.5% from Consumers Primed To Spend

NRF Forecasts Holiday Sales Gain of 2.5% to 3.5% from Consumers Primed To Spend

by Mike Duff | Oct 15, 2024 | Featured News, Retail Articles

The National Retail Federation has forecast consumer spending in the main holiday shopping season November 1 through December 31 will grow between 2.5% and 3.5% compared to the 2023 period. The forecast calls for  $979.5 billion to $989 billion in total holiday sales...
Circana: Holiday Spirits Improving As Consumers Strategize To Save Cash

Circana: Holiday Spirits Improving As Consumers Strategize To Save Cash

by Mike Duff | Oct 9, 2024 | Retail Articles

According to an annual holiday purchase intentions consumer survey from Circana, consumer sentiment and intentions related to the 2024 holiday shopping season are improved versus the past two years but still fall short of 2021 levels in most cases. Most consumers in...
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