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NRF: 3.8% Holiday Sales Gain Hit Top End of Forecast

NRF: 3.8% Holiday Sales Gain Hit Top End of Forecast

by Mike Duff | Jan 18, 2024 | Featured News, Retail Articles

The National Retail Federation reportedcore retail sales in the holiday season gained 3.8% from the year-earlier period, near the top of the organization’s forecast range. Based on United States Census Bureau data, as was the earlier forecast, core retail sales...
Survey: Optimistic Retailers Investing in Supply Chain, AI

Survey: Optimistic Retailers Investing in Supply Chain, AI

by Mike Duff | Jan 16, 2024 | Retail Articles

After absorbing the effects of the COVID-19 pandemic and subsequent inventory challenges, executives surveyed are focused on fine-tuning their supply chains and taking advantage of the latest tools and strategies for mitigating future turbulence, Carl Marks...
Mastercard Reports 3.1% Holiday Retail Sales Gain Led by Digital

Mastercard Reports 3.1% Holiday Retail Sales Gain Led by Digital

by Mike Duff | Jan 2, 2024 | Featured News, Retail Articles

An early read from Mastercard SpendingPulse reveals retail sales in the United States, excluding automotive, gained 3.1% year-over-year in the 2023 holiday season running November 1 through December 24. For the holiday season, online sales advanced 6.3% from the 2022...
NRF: Resilient Economy Bodes Well for Ongoing Holiday Spending

NRF: Resilient Economy Bodes Well for Ongoing Holiday Spending

by Mike Duff | Dec 11, 2023 | Featured News, Home + Housewares, Retail Articles

The United States economy, going into the last weeks of the holiday season, remains healthy, the National Retail Federation suggested, even if it is slowing under the influence of the U.S. Federal Reserve’s anti-inflation initiatives. NRF Chief Economist Jack...
Conference Board: November Consumer Confidence Ticked Up

Conference Board: November Consumer Confidence Ticked Up

by Mike Duff | Dec 4, 2023 | Retail Articles

The Conference Board Consumer Confidence Index gained in November to 102, up from a downwardly revised 99.1 in October, above the 100 breakeven between a negative or positive sentiment about the economy. The Present Situation Index, based on consumers’ assessment of...
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