by Mike Duff | Apr 3, 2024 | Retail Articles
Despite expectations for slower growth of gross domestic product and retail sales, the economy should continue to advance through the remainder of this year, National Retail Federation Chief Economist Jack Kleinhenz said as part of the April NRF Monthly Economic...
by Mike Duff | Mar 4, 2024 | Featured News, Retail Articles
National Retail Federation chief economist Jack Kleinhenz said the pace of inflation and how the United States Federal Reserve responds to it will play a major role in the economy this year as markets watch for when the United States Federal Reserve might make...
by Mike Duff | Feb 1, 2024 | Retail Articles
The labor market and what the Federal Reserve does with interest rates could have a major effect on the 2024 economic prospects for the United States, according to National Retail Federation chief economist Jack Kleinhenz. As part of NRF’s Monthly Economic Review,...
by Mike Duff | Feb 1, 2024 | Retail Articles
Although inflationary pressures hurt its consumer business, with sales and earnings both down year over year, Sally Beauty Holdings beat an analyst estimate on both revenues and profits in the first quarter. Net earnings were $38.4 million, or 35 cents per diluted...
by Mike Duff | Jan 23, 2024 | Retail Articles
The American Customer Satisfaction Index set record high at 77.8 in the 2023 fourth quarter, up from a 2022 low of just under 73, which was its deepest dive since 2002. Happy customers are likely to spend more, and the organization pointed out that the economy in the...