by Mike Duff | Nov 8, 2024 | Retail Articles
As the United States Federal Reserve dropped the prime interest rate by another quarter point, the National Retail Federation maintained economic progress, despite some mixed indicators, should continue to support holiday retail sales growth. On October 15, NRF...
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...
by Mike Duff | Oct 25, 2024 | Retail Articles
A survey by cash-back provider Rakuten reveals a disconnect exists between retail marketers and shoppers as they enter the 2024 holiday season. In a survey of retail marketers and shoppers conducted in conjunction with the Harris Poll, 81% of consumers said they do...
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...
by Mike Duff | Oct 7, 2024 | Retail Articles
Inflation is still a significant factor in consumer behavior even though the rate has declined, according to a survey conducted by R.R. Donnelley & Sons Co. The survey revealed consumers across key demographic groups are shifting their shopping habits,...
