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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
US Retail Braces for Extended Slowdown
US imports of goods used in the retail industry fell to their lowest level in five years in March, signaling that the slowdown in consumer spending will likely extend to the second half of the year.“The COVID-19 pandemic is unraveling...
Retail Apr 13, 2020 Rapaport News
NRF empty mall Shutterstock 150
NRF Predicts Heavy Impact of Coronavirus
The impact of the coronavirus on US retail supply chains may be larger than previously expected, as disruptions to transportation are likely to affect imports in March and April, the National Retail Federation (NRF) said.The NRF was already...
Retail Mar 16, 2020 Rapaport News
NRF Holiday mall 150
US Retail Sales Rise Ahead of Holidays
US retail sales showed “particularly impressive” growth inOctober as shoppers prepared for the upcoming holiday season, according to the National Retail Federation (NRF). Total purchases for October — excluding automobiles,gasoline and restaurants — rose 0.2%...
Retail Nov 17, 2019 Rapaport News
Swiss Watches
American Demand Drives Swiss Watch Exports
Swiss watch exports rose 1.5% year on year to CHF 1.52 billion ($1.53billion) in August amid increased growth in US demand ahead of the September 1tariff hikes. “In the US, growth continued to increase regularly, makingit the...
Retail Sep 19, 2019 Rapaport News
NRF August
US Retail Revenue Robust Ahead of Tariff Hike
US retail sales rose in August, even as consumer confidence slipped slightly from the previous month amid the escalating trade war. Total sales — excluding automobiles, gasoline andrestaurants — rose 0.4% compared with July and...
Retail Sep 16, 2019 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
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