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Tariffs
Tariffs on Chinese Jewelry to Begin September 1
Jewelry imported into the US from China will attract an extra levyof 10%, despite the Trump administration’s decision to postpone tariffs onother goods. While certain health-and-safety products are being removedfrom the prospective tariff...
Retail Aug 14, 2019 Rapaport News
Imports
How Trump’s Tariffs Could Affect the Trade
Long before the threat of tariffs on Chinese goods loomed large,brick-and-mortar retailers in the US were facing challenges. So far this year,US retailers have announced plans to shut down over 7,000 stores after almost6,000 closed in 2018,...
Financial-Legal Aug 11, 2019 Lara Ewen
NRF
US Retail Sales Gain Strongly in June
US retail sales rose in June, amid improved consumersentiment and a healthier economic outlook, according to the National RetailFederation (NRF). Total purchase value grew 2.3% year on year in June, withthe three-month moving average, which includes...
Retail Jul 22, 2019 Rapaport News
May US Retail Sales
Strong Job Market Boosts May Retail Results
US retail sales rebounded in May as the economicand financial outlook stabilized, according to the National Retail Federation(NRF). Total purchase value grew 3.2% year on year, with salesrising in nearly all categories, the trade organization reported...
Retail Jun 16, 2019 Rapaport News
NRF
US Retail Market Rebounds in March
US retail sales showed their largest gain since September asthe economic and financial outlook stabilized, according to the National Retail Federation (NRF). Total purchase value grew 3.6% year on year in March, with salesrising...
Retail May 02, 2019 Rapaport News
NRF Mothers Day 150
Jewelry Spending to Boost Mother’s Day Sales
US consumers are expected to spend 13% more on jewelry thisMother’s Day, according to the National Retail Federation (NRF). Americans will shell out $5.2 billion on the category this year,compared with $4.6 billion in 2018, the...
Retail Apr 29, 2019 Rapaport News
women shopping credit shutterstock 150
US Retail Rebounds in January
US retail sales bounced back at the beginning of 2019 after surprisingly slow figures during the December holiday period. Total purchases, excluding automobiles, gasoline andrestaurants, rose 3.6% year on year in January, according to data the...
Retail Mar 12, 2019 Rapaport News
NRF
Holiday Sales Growth Misses Expectations
US holiday sales increased 2.9% in 2018, but the growth was significantly lower than what the National Retail Federation (NRF) had forecast. Total sales for the November-to-December period were $707.5billion, according to figures...
Retail Feb 17, 2019 Rapaport News
NRF
Jewelry to Top Valentine’s Day Purchasing
US consumers plan to spend more than $20 billion on gifts this Valentine’sDay, with jewelry topping the list at nearly $4 billion, according to the National Retail Federation (NRF). An NRF survey showed a 6% rise in the amount consumers...
Retail Feb 12, 2019 Rapaport News
NRF
NRF Predicts Retail Growth in 2019
US retail sales will grow 3.8% to 4.4% this year, despiteeconomic concerns and trade tensions, according to the National RetailFederation (NRF). “We believe the underlying state of the economy is sound,”NRF CEO Matthew Shay said...
Retail Feb 06, 2019 Rapaport News
Cyber Monday
Cyber Monday Smashes Online-Sales Record
E-commerce sales jumped 20% year on year to$7.9 billion on Cyber Monday, making it the largest US online shopping day of all time, accordingto projections from Adobe Analytics. The prior Saturday and Sunday also set...
Retail Nov 27, 2018 Rapaport News
NRF holiday gifts
Holiday Spending to Rise Despite Tariffs
US households are planning to spend 4% more this holiday season, as consumer confidence has improved in the current economic climate,the National Retail Federation (NRF) said Wednesday. “The holidays are just around the corner, and...
Retail Oct 25, 2018 Rapaport News
NRF Retail
NRF Predicts Jump in Holiday Sales
The National Retail Federation (NRF) has forecast a strong rise in US holiday sales this year, amid a healthy economy and strong consumer sentiment. Retail sales in November and December will increase 4.3% to4.8% for...
Retail Oct 08, 2018 Rapaport News
NRF 150
US Retail Sales Up in July, Says NRF
US retail sales increased in July, as consumers continued tospend despite fears over the escalating trade war. Total purchases — excluding automobiles, gasoline andrestaurants — rose 0.4% over June sales and 4.9% year on year, accordingto...
Retail Aug 19, 2018 Rapaport News
Mothers day
Mother’s Day Jewelry Sales to Drop – NRF
US consumers are expected to spend 8% less on jewelry thisMother’s Day, the National Retail Federation (NRF) said last week. Americans will shell out $4.6 billion on jewelry this year,compared with $5 billion in 2017, the trade...
Retail Apr 29, 2018 Rapaport News
NRF Predicts $4.7B of Valentine's Day Jewelry Sale
NRF Predicts Strong Valentine’s Jewelry Sales
Consumers plan to spend $19.6 billion on gifts thisValentine’s Day, with jewelry topping the list at $4.7 billion. A survey by the National Retail Federation (NRF) showed a 3%rise in the amount consumers intend to lay out on their...
Retail Feb 07, 2018 Rapaport News
Holiday shopping retail
Retail Enjoying Impressive Season
US retail sales have increased so far this holiday season, as an improving job market has spurred consumer confidence, according to surveys by government and private-sector organizations. Sales across all retail categories grew 6.3% year on year...
Retail Dec 17, 2017 Rapaport News
Cyber Monday
Mobile-Savvy Millennials Drive Cyber Monday Jump
Cyber Monday sales rose to record levels this year, with millennial consumers driving growth through transactions on their mobile devices, according to Adobe Digital Insights. Sales rose 17% to $6.59 billion as at 10 p.m. EST on the...
Retail Nov 30, 2017 Rapaport News
Holiday retail shopping
NRF Predicts Holiday Growth
US holiday sales and consumers’ average spending will risethis season, amid strong sentiment about the economy, according to projectionsby the National Retail Federation (NRF).Retail sales in November and December will increase 3.6% to4%...
Retail Nov 01, 2017 Rapaport News
Diamond Jewelry
Jewelry to Drive US Mother’s Day Spending
US consumers are expected to spend more on jewelry than on any other product category this Mother’s Day, according to a survey by the National Retail Federation (NRF).Overall Mother’s Day spending is expected to reach $23.6 billion, exceeding last...
Retail Apr 25, 2017 Rapaport News
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