NRF economist says holiday shopping could beat forecast

The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, Jack Kleinhenz, chief... more »

NRF reports nearly 180 million Americans shopped Thanksgiving weekend

Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. “Retailers... more »

October sales rose as consumers began early holiday shopping

Retail sales rose in October as many consumers began holiday shopping early to avoid any shortages amid pandemic-driven supply chain disruptions that are dominating businesses and shoppers this holiday season, the National Retail Federation (NRF)... more »

NRF expects 66% of holiday shoppers will purchase gifts during Thanksgiving weekend

Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday this year even as consumers have continued the trend of starting their holiday shopping earlier in the... more »

NRF shares consumers are spending headed into 2021 holiday shopping

The impact of the pandemic on the nation’s economy will be a key factor in retail sales during the 2021 holiday season, but the National Retail Federation (NRF) is nonetheless confident in its forecast for... more »

NRF predicts highest holiday retail sales on record

Holiday spending has the potential to shatter previous records, as the National Retail Federation (NRF) forecast that holiday sales during November and December will grow between 8.5% and 10.5% over 2020 to between $843.4 billion... more »

Holiday spending reflects continued consumer demand

Consumers plan to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families this year, according to the annual survey released today by the National Retail Federation (NRF) and Prosper... more »

September retail sales increase despite supply chain disruptions

Retail sales increased again in September as worries about the COVID-19 delta variant pushed consumer spending toward merchandise rather than services like dining, entertainment or travel despite supply chain disruptions and inflation, the National Retail... more »