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 | Jan 29, 2024 | Retail Articles
Romance is in the air and more consumers are willing to spend on their passions this Valentine’s Day when holiday-related sales are likely to reach $25.8 billion, on par with the year-earlier occasion and the third-highest spending total on record. The annual sales...
by Mike Duff | Jan 24, 2024 | Retail Articles
A survey sponsored by Loop, a return management platform for e-commerce brands, found that 39% of online shoppers admit to engaging in return policy abuse or fraudulent behaviors in the past 12 months or know someone who has. The behaviors ranged from outright fraud...
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...
by Mike Duff | Jan 12, 2024 | Featured News, Retail Articles
Consumer spending might not sustain the economic growth seen recently in the United States, according to an analysis by the National Retail Federation. NRF Chief Economist Jack Kleinhenz, commenting as part of the organization’s Monthly Economic Review, said...
