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Port Traffic Volume Rises Despite Shipping Challenges

Port Traffic Volume Rises Despite Shipping Challenges

by Mike Duff | Apr 12, 2024 | Retail Articles

Inbound cargo volume at the nation’s major container ports should gain through spring as imports grow despite new supply chain challenges, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates. Major ports in the...
NRF: Top Global Retailers Faced Major Challenges in 2023

NRF: Top Global Retailers Faced Major Challenges in 2023

by Mike Duff | Apr 8, 2024 | Featured News, Retail Articles

Walmart tops the latest Top 50 Global Retailers study by the National Retail Federation, which included in its report an assessment of the challenges and opportunities retailers faced the past year. The NRF study, with information compiled by market research firm and...
NRF: Consumer Spending Supports Slow but Sustainable Economic Growth

NRF: Consumer Spending Supports Slow but Sustainable Economic Growth

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...
NRF: Consumer Spending Supports Slow but Sustainable Economic Growth

NRF: Moderate Retail Growth Likely As U.S. Economic Growth Slows Somewhat

by Mike Duff | Mar 21, 2024 | Retail Articles

The National Retail Federation has forecast that retail sales will advance between 2.5% and 3.5% in 2024 to between $5.23 trillion and $5.28 trillion.  In 2023, retail sales grew 3.6% to $5.1 trillion, NRF noted, consistent with the 3.6% average annual growth in sales...
Retail Monitor Reports Consumer Spending Remains Potent

Retail Monitor Reports Consumer Spending Remains Potent

by Mike Duff | Mar 12, 2024 | Retail Articles

Retail sales continued to grow in February, building off solid gains from January and driven by improved consumer finances, according to the CNBC/NRF Retail Monitor. The Retail Monitor calculation of core retail sales — excluding restaurants, auto dealerships and gas...
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