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US Holiday Sales Outstrip Expectations – NRF
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US retail sales increased 8.3% during the recent holiday season, as consumers looked to connect with family and friends during the pandemic, the National Retail Federation (NRF) said.Consumers spent $789.4 billion over the...
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Retail
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Jan 17, 2021
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Rapaport News
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Sales Will Rise This Holiday, Retail Group Predicts
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The National Retail Federation (NRF) has forecast strong growth in US holiday sales, as consumers look for something to celebrate even as coronavirus cases rise.Retail sales in November and December are forecast to advance 3.6% to 5.2% year...
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Retail
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Nov 24, 2020
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Rapaport News
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Early Holiday Shopping Boosts US Retail Sales
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October marked the sixth straight month of US retail sales increases as consumers did their holiday shopping early, noted the National Retail Federation (NRF).Overall retail sales grew 5.7% compared to the same period last...
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Retail
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Nov 18, 2020
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Rapaport News
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Consumers Ready to Spend on Gifts – Survey
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US spending on holiday gifts will be similar to last year as consumers look to celebrate after the uncertainty and stress of the pandemic, according to the National Retail Federation (NRF).“Consumers have demonstrated their resilience and adaptability throughout...
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Retail
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Oct 22, 2020
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Rapaport News
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US Retail Sales on Recovery Path
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US retail sales rose in September, marking the fourth straight month of year-on-year gains, and nearly doubling August’s increase, government data showed.Overall retail sales grew 5.4% compared to the same period last year, and...
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Retail
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Oct 18, 2020
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Rapaport News
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US Retailers Plan Longer Holiday Season
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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...
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Retail
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Oct 04, 2020
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Rapaport News
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US Retail Sales Continue Rebound in August
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US retail sales rose in August for the fourth consecutive month, though the rate of growth slowed from July, government data showed.Overall retail sales increased 2.6% compared to the same period last year, and...
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Retail
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Sep 17, 2020
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Rapaport News
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US Retail Sales Increase in July
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US retail sales recorded their third consecutive rise in July, government data showed, as stores gradually resumed operations and devised ways of serving customers during the pandemic.Revenues of $536 billion for the month were 1.2%...
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Retail
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Aug 16, 2020
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Rapaport News
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US Retailers Encouraged by June Increase
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June saw the first year-on-year sales growth for US retailers since the beginning of 2020 as more businesses emerged from lockdown, according to government data.Revenue for the month grew 1.1% over the same period...
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Retail
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Jul 19, 2020
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Rapaport News
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US Retail Sales Rebound in May
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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%...
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Retail
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Jun 17, 2020
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Rapaport News
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US Retail to Grow in 2020, NRF Predicts
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US retail sales will grow 3.5% to 4.1% this year, despite trade tensions and the spreading coronavirus epidemic, according to the National Retail Federation (NRF).“The nation’s record-long economic expansion is continuing, and consumers remain...
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Retail
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Feb 27, 2020
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Rapaport News
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Valentine’s Day Spending Set to Increase 32%
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US consumer spending on gifts is expected to increase 32% this Valentine’s Day, with jewelry topping the list at nearly $6 billion, according to the National Retail Federation (NRF). Consumers intend to lay out $27.4 billion on their loved...
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Retail
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Feb 02, 2020
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Rapaport News
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Holiday Sales Rise Amid Positive Sentiment
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US retail sales increased 4.1% during the recent holiday season amid steady consumer confidence, the National Retail Federation (NRF) said.Total sales for the November-to-December period were $730.2 billion, according to the NRF,...
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Retail
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Jan 20, 2020
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Rapaport News
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Holiday Season Gets Off to Solid Start
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The holiday season got off to a positive start over the five-day Thanksgiving weekend, with observers seeing record online sales.About 124 million people shopped in stores, while 142.2 million bought online during the...
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Retail
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Dec 04, 2019
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Rapaport News
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Young Shoppers to Drive Rise in Holiday Spending
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US consumers are planning to spend 4% more this holidayseason, as shoppers between the ages of 18 and 34 expand their circle of giftrecipients, according to the National Retail Federation (NRF). “Younger consumers are helping drive the spending increasethis...
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Retail
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Oct 27, 2019
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Rapaport News
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NRF Predicts Rise in Holiday Sales
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The National Retail Federation (NRF) has forecast a strong risein US holiday sales, as a healthy economy outweighs tariff fears in the shortterm.Retail sales in November and December are expected toadvance 3.8% to 4.2% year on year, for...
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Retail
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Oct 06, 2019
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Rapaport News
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Jewelry Spending to Boost Mother’s Day Sales
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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...
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Retail
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Apr 29, 2019
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Rapaport News
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Holiday Sales Growth Misses Expectations
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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...
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Retail
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Feb 17, 2019
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Rapaport News
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Jewelry to Top Valentine’s Day Purchasing
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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...
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Retail
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Feb 12, 2019
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Rapaport News
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NRF Predicts Retail Growth in 2019
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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...
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Retail
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Feb 06, 2019
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Rapaport News
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