National Retail Federation

Retail sales to reach at least $5.23 trillion in 2024

The National Retail Federation (NRF) forecasts that 2024 retail sales will increase between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion. The announcement was made during NRF’s fourth annual State of Retail &... more »

2024 Easter spending expected to top $22B

Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. The total figure is the second-highest in the survey’s history,... more »

Retail sales grow again in February 2024

Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation (NRF). Total retail sales, excluding automobiles... more »

NRF: Inflation and interest rates remain key

Inflation and the Federal Reserve’s efforts to bring it under control will continue to play a major role in the economy this year, said Jack Kleinhenz, chief economist at the National Retail Federation (NRF). “With... more »

January 2024 retail sales signal strong start to the year

Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year, according to the CNBC/NRF Retail Monitor. Total January 2024 retail sales, excluding... more »

NRF says Valentine’s Day gift spending to reach new record

Total spending on significant others for Valentine’s Day is expected to reach a record $14.2 billion, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. “Retailers are ready... more »

NRF says $743B in merchandise returned in 2023

Total returns for the industry amounted to $743 billion in merchandise in 2023, according to a report released by the National Retail Federation and Appriss Retail. As a percentage of sales, the total return rate... more »

Thanksgiving holiday weekend sees record number of shoppers

A record 200.4 million consumers shopped over the five-day holiday weekend from Thanksgiving Day through Cyber Monday, surpassing last year’s record of 196.7 million, according to the annual survey released by the National Retail Federation... more »