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US Retail Recovery Will Take Time, NRF Says
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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...
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Retail
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May 11, 2020
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Rapaport News
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US Retail Braces for Extended Slowdown
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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...
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Retail
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Apr 13, 2020
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Rapaport News
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NRF Predicts Heavy Impact of Coronavirus
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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...
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Retail
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Mar 16, 2020
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Rapaport News
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US Retail Sales Rise Ahead of Holidays
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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%...
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Retail
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Nov 17, 2019
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Rapaport News
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American Demand Drives Swiss Watch Exports
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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...
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Retail
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Sep 19, 2019
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Rapaport News
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US Retail Revenue Robust Ahead of Tariff Hike
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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...
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Retail
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Sep 16, 2019
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Rapaport News
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NRF Predicts Holiday Growth
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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%...
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Retail
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Nov 01, 2017
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Rapaport News
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