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NRF: Early Shopping Could Fuel Record Per-Person 2024 Holiday Spend

NRF: Early Shopping Could Fuel Record Per-Person 2024 Holiday Spend

by Mike Duff | Oct 22, 2024 | Featured News, Retail Articles

Consumer spending on gifts, food, decorations and other seasonal items during the 2024 holiday season is likely to set a record of $902 per person, according to the National Retail Federation’s latest consumer survey conducted by Prosper Insights & Analytics. The...
Census Bureau: Retail Sales Gains Continued in September

Census Bureau: Retail Sales Gains Continued in September

by Mike Duff | Oct 17, 2024 | Retail Articles

United States Census Bureau figures show retail sales increasing again in September as employment grew and inflation and interest rates fell. The Census Bureau overall retail sales in September were up 0.4% seasonally adjusted month over month and 1.7% unadjusted year...
NRF Forecasts Holiday Sales Gain of 2.5% to 3.5% from Consumers Primed To Spend

NRF Forecasts Holiday Sales Gain of 2.5% to 3.5% from Consumers Primed To Spend

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...
NRF: September Sales Beat 2023 Comp Despite Month-to-Month Dip

NRF: September Sales Beat 2023 Comp Despite Month-to-Month Dip

by Mike Duff | Oct 11, 2024 | Retail Articles

CNBC/NRF Retail Monitor reported retail sales in the United States dropped slightly month-over-month in September but moved ahead of the total for the same period in 2023. Total retail sales, excluding automobiles and gasoline, slipped 0.32% seasonally adjusted month...
U.S. Port Volumes Remain High in Strike Aftermath

U.S. Port Volumes Remain High in Strike Aftermath

by Mike Duff | Oct 8, 2024 | Retail Articles

Imports at the nation’s major container ports should continue at elevated levels this month after a strike that briefly shut down docks in East and Gulf Coast facilities, according to the Global Port Tracker report released today by the National Retail Federation and...
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