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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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US Economy Won’t Recover Fully Until ‘Late 2021’
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The US economy is not expected to return to pre-pandemic levels until at least the latter end of the year, according to the National Retail Federation (NRF).“As we closed out 2020, it was an end to a whirlwind year whose challenging economic...
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Retail
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Jan 05, 2021
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Rapaport News
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US Holiday Jewelry Sales Slide
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Jewelry sales in the US fell 4.3% during the holiday period, even as e-commerce sales for the category soared.Online sales of jewelry rose 45% year on year for the extended seasonal period, according to data from...
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Retail
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Dec 27, 2020
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Rapaport News
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Online Sales Surge on Super Saturday
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US e-commerce sales rose on Super Saturday, with consumers steering away from buying in stores when they made their last-minute pre-Christmas purchases.Consumers shelled out $1.6 billion on the December 19 shopping day, up 30% year on year...
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Retail
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Dec 22, 2020
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Rapaport News
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US Retail Sales Fall Amid Covid-19 Spike
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US retail sales struck a disappointing note in November due to an uptick in coronavirus cases and the lack of a second government stimulus package.Revenues fell 1.1% month on month to $546.5 billion, though they were still 4.1% higher than...
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Retail
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Dec 17, 2020
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Rapaport News
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Retail Rebound Drives Surge in Imports
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This year could tie as the busiest on record for US retail imports, as consumer demand during the holiday shopping period led to a surge in shipments, the National Retail Federation (NRF) said.Imports for the full year...
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Retail
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Dec 16, 2020
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Rapaport News
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US Holiday Weekend Spending Falls
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The average spend over the five-day Thanksgiving weekend dropped 14% as consumers shied away from in-store shopping, according to a survey by the National Retail Federation (NRF) and Prosper Analytics.Shoppers spent an average of $312 on holiday-related...
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Retail
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Dec 02, 2020
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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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Signet Requiring Customers to Wear Masks in Stores
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Signet Jewelers has extended its face-mask policy, which had previously applied only to employees, to include customers as well.The jeweler will offer disposable masks to any shoppers who don’t have one with them, it said...
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Retail
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Aug 19, 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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Tiffany Ranked Among ‘Hot 100’ Retailers
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Tiffany & Co. has retained a spot on the National Retail Federation’s (NRF) list of the fastest-growing US retailers.The New York-based company came in at number 95, the only jewelry specialist to make the cut this year,...
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Retail
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Aug 12, 2020
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Rapaport News
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July Figures Cast Cloud over US Retail Recovery
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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...
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Retail
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Aug 06, 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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Signet Lands on Top 100 Retailers List
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Signet Jewelers was rated as one of the top 100 retailers on the National Retail Federation’s (NRF) 2020 list, which ranks companies based on annual retail sales.The retailer came in at number 98, the only jewelry...
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Retail
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Jul 08, 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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