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Cyber Monday Haul Largest in US History – Adobe
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US consumers shelled out a record $10.8 billion on e-commerce purchases on Cyber Monday, which broke last year’s record to become the largest online shopping day in US history, according to Adobe Analytics.Digital sales for the day increased...
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Retail
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Dec 02, 2020
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Rapaport News
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Deloitte: Online to Overtake In-Store on Black Friday
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Online US retail sales will surpass in-store purchases on Black Friday for the first time as shoppers look to avoid crowds, according to a survey from Deloitte.Some 74% of respondents intend to go fully digital over the Thursday-to-Monday Thanksgiving...
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Retail
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Nov 25, 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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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 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 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 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 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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Strong November Sales Kick Off Season
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US retail sales rose in November as consumer sentiment was strong at the start of the holiday season, the National Retail Federation (NRF)said. Total purchases for November — excluding automobiles, gasoline andrestaurants — rose 0.1% compared to the...
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Retail
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Dec 15, 2019
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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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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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US Retail Sales Gain Strongly in June
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US retail sales rose in June, amid improved consumersentiment and a healthier economic outlook, according to the National RetailFederation (NRF). Total purchase value grew 2.3% year on year in June, withthe three-month moving average, which includes...
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Retail
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Jul 22, 2019
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Rapaport News
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US Retail Market Rebounds in March
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US retail sales showed their largest gain since September asthe economic and financial outlook stabilized, according to the National Retail Federation (NRF). Total purchase value grew 3.6% year on year in March, with salesrising...
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Retail
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May 02, 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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