NRF

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 »

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 »