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Retail Monitor: Shift in Key Shopping Days Boosts December Sales

Retail Monitor: Shift in Key Shopping Days Boosts December Sales

by Mike Duff | Jan 13, 2025 | Retail Articles

Retail sales made gains in December, boosted in part by two busy Thanksgiving weekend holiday shopping days falling during the final month of the year, the National Retail Federation announced. The CNBC/NRF Retail Monitor report for December 2024 had total retail...
ISM: Service Sector Continued Expansion in November with Retail Gaining

ISM: Service Sector Continued Expansion in November with Retail Gaining

by Mike Duff | Dec 16, 2024 | Retail Articles

Economic activity in the services sector expanded for the fifth consecutive month in November, according to the Institute for Supply Management’s Report on Business, with retail in positive territory. In its survey of purchasing and supply executives in the United...
NRF Forecasts 3% to 4% Holiday Sales Gain

NRF Forecasts 3% to 4% Holiday Sales Gain

by Mike Duff | Nov 2, 2023 | Featured News, Retail Articles

For the upcoming holiday season, the National Retail Federation is forecasting that sales will reach record levels during November and December, growing between 3% and 4% versus the 2022 period and reaching between $957.3 billion and $966.6 billion total. Despite a...
Blackhawk: Modest Holiday Spending Gains Will Include More Gift Card Sales

Blackhawk: Modest Holiday Spending Gains Will Include More Gift Card Sales

by Mike Duff | Oct 31, 2023 | Retail Articles

In its annual holiday forecast, payments provider Blackhawk Network stated that spending on the festive season will gain a modest 3%, with gift cards getting a more significant piece of the holiday pie. According to Blackhawk, consumers will spend 43% of their holiday...
NRF: Recession Unlikely As Economy Proves Resilient

NRF: Recession Unlikely As Economy Proves Resilient

by Mike Duff | Feb 6, 2023 | Retail Articles

In association with the February issue release of NRF’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz maintained that a recession is unlikely in the immediate future and the United States economy should see slight growth in 2023 as...
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