Consumers plan to spend around $20 billion on Easter-related items

Consumers plan to spend an average $169.79 this year on Easter-related items, according to results of the annual survey released today by the National Retail Federation (NRF) and Prosper Insights & Analytics. A total of... more »

NRF releases its annual retail forecast, expects 6-8% growth

The National Retail Federation (NRF) issued its annual forecast, anticipating that retail sales will grow between 6% and 8% to more than $4.86 trillion in 2022. The announcement was made during NRF’s annual State of... more »

NRF welcomes final approval of Postal Service Reform Act

The final passage of the first major postal reform legislation approved by Congress in more than 15 years is welcomed by The National Retail Federation (NRF). “The U.S. Postal Service has long played a key... more »

NRF says inflation will play a key role in outlook

Inflation is at a 40-year high but isn’t hitting all consumers as hard as top-line numbers might suggest, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said. Nonetheless, consumer worries about rising prices could become... more »

Retail sales show strong gains in January

Retail sales powered through COVID-19’s omicron variant, inflation and other challenges to post strong increases in January, the National Retail Federation (NRF) said. “January’s numbers show that 2022 is starting very strong for consumers and... more »

NRF reports congested retail ports see welcome break

Imports at the nation’s congested container ports are expected to grow modestly during the first half of 2022, but continued high volumes will keep up pressure that built as the economy bounced back from the... more »

NRF expects Valentine’s Day spending to reach $23.9 billion

Valentine’s Day spending is expected to reach $23.9 billion this year, up from $21.8 billion in 2021 and the second-highest year on record, according to the annual survey released by the National Retail Federation (NRF)... more »

Retail sales put holiday season on track to set records

Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19, the National Retail Federation said. “Despite economic headwinds, November... more »