NRF

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 »

Retail imports remain high but port congestion remains

Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo,... more »

NRF says shoppers are still spending

Despite falling consumer confidence numbers amid the recent rise in COVID-19 infections, shoppers are continuing to spend, Jack Kleinhenz, chief economist for National Retail Federation said. “With consumer spending accounting for roughly two-thirds of U.S.... more »

NRF’s annual report expects Halloween spending to soar

Consumer spending on Halloween-related items is expected to reach an all-time high of $10.14 billion, up from $8.05 billion in 2020, according to the National Retail Federation’s (NRF) annual survey conducted by Prosper Insights &... more »

NRF Foundation releases The List of People Shaping Retail’s Future 2022

The NRF Foundation announced the honorees of The List of People Shaping Retail’s Future 2022 – an extraordinary group of retail leaders who will be celebrated at the NRF Foundation Honors in New York City in... more »

August retail sales rise due to consumer demand

Retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending, the National Retail Federation (NRF) said. “The increase in August retail sales reflects the continued strength... more »