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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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US Retail Sales Drop Heavily in April
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The decline in US retail sales intensified in April as COVID-19 forced stores to shut, according to data the National Retail Federation (NRF) reported.Revenues plunged 22% year on year, and fell 16% compared to March, which had already...
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Retail
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May 17, 2020
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Rapaport News
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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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Mother’s Day Jewelry Purchases Set to Rise
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The National Retail Federation (NRF) is predicting a 1.5% increase in US consumer spending on jewelry this Mother’s Day, despite financial pressures arising from COVID-19.Americans will shell out $5.27 billion on the category this year, compared...
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Retail
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Apr 26, 2020
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Rapaport News
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US Retail Sales See Record Decline
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US retail sales saw the largest monthly drop ever recorded, as stores were ordered to shut down amid the COVID-19 pandemic.Total purchases fell 6% year on year in March, and 9% compared to February, according to data the National...
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Retail
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Apr 16, 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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Jewelry Groups Urge Govt. to Support Retailers
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Three jewelry groups have joined the National Retail Federation (NRF) in its efforts to help small US retailers obtain financial aid from the government during the coronavirus shutdown.Jewelers of America (JA), the Jewelers Vigilance...
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Retail
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Mar 26, 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 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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Coronavirus Impact May Reach US Retail
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US retail sales could face growth challenges in February as supply chains are impacted by shutdowns at Chinese factories due to the coronavirus epidemic, the National Retail Federation (NRF) said.Imports of goods from the mainland will see...
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Retail
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Feb 17, 2020
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Rapaport News
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