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NRF 150
US Retailers Plan Longer Holiday Season
A number of US retailers will launch their holiday sales earlier this year as a way to prevent overcrowding by last-minute shoppers and minimize health and safety risks.“Retailers are prepared for an early start to the shopping season, offering...
Retail Oct 04, 2020 Rapaport News
NRF 150
July Figures Cast Cloud over US Retail Recovery
The US retail outlook is declining after the country’s economic recovery slowed in July amid a resurgence of coronavirus cases, according to the National Retail Federation (NRF). “A lack of clarity regarding job outlook and future finances tends...
Retail Aug 06, 2020 Rapaport News
woman shoping with mask 150
US Retail Sales Rebound in May
US retail sales began a strong recovery in May as businesses started to reopen and consumers returned to spending, according to government data.While revenues slipped 6% year on year, they rose 18% compared to April, which had posted a record-setting 15%...
Retail Jun 17, 2020 Rapaport News
NRF
US Retail Recovery Will Take Time, NRF Says
US retail demand will recover slowly, with economic growth expected to bounce back in the second half of the year, according to the National Retail Federation (NRF).“Getting back to work or shopping in a pre-virus manner is difficult to predict at this...
Retail May 11, 2020 Rapaport News
NRF July
US Consumer Spending Robust Amid Trade War
US retail sales increased in July, as consumer confidence remained strong despite fears over the escalating trade war. Total purchases— excluding automobiles, gasoline andrestaurants — rose 0.9% compared with June sales and 5.6% year...
Retail Aug 22, 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
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
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
Tiffany Holiday Sales Rise 8%
Tiffany Restores Growth in Strong Holiday Season
Tiffany & Co’s sales jumped 8% during the holidayseason amid a sharp improvement in US demand and a recovery in Asian markets,the luxury jeweler reported. Group sales grew to $1.05 billion during November andDecember, with comparable-store sales...
Retail Jan 17, 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
De Grisogono New York store NY
De Grisogono Moves to Larger New York Store
De Grisogono has opened a larger boutique on New York’sMadison Avenue, reflecting demand for a broader range of products, the Swissluxury jeweler said. “By expanding our footprint in the US, we’ve created adestination for our highly...
Retail Nov 29, 2017 Rapaport News
Black Friday shopping
Online Sales Surge on Black Friday
Online spending hit record levels on Black Friday, whilerobust sales at brick-and-mortar retailers indicated the shopping bonanza’straditional side is not dead yet. US e-commerce sales jumped 17% to $5.03 billion on Friday,according to Adobe Digital Insights, a data...
Retail Nov 26, 2017 Rapaport News
tiffany store
Weak US Spending Drags Down Tiffany Sales
Tiffany & Co’s share price slumped 9% Wednesdayafter the retailer reported a dip in same-store sales for the first fiscal quarter.The jeweler announced a 3% drop in comparable-storesales — a sum that doesn’t include revenue from recently opened...
Retail May 24, 2017 Rapaport News
jcpenney
Jewelry Bolsters J.C. Penney Sales
J.C. Penney said jewelry was one of its stronger areas forsales in the first fiscal quarter, even as the retailer’s overall revenue fell.While the company did not release figures for the division,it said...
Retail May 15, 2017 Rapaport News
US Flag
U.S. Jewelry & Watch Sales +5% in Sept. to $5.4B
U.S. jewelryand watch sales from all retail outlets increased 4.8 percent year on year to anestimated $5.39 billion in September, according to preliminary governmentfigures.The sector’s total for previous months was revised, as is often thecase, resulting...
Retail Nov 02, 2015 Rapaport News
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