Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights and Analytics. The total figure is the second highest in the survey’s history …
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Census Retail Sales Data Shows Consumers ‘Still Engaged’
The National Retail Federation (NRF) says data released by the U.S. Census Bureau retail sales data shows that retail sales cooled in January but households continued to spend. “Retail sales softened in January compared with the holiday season, but consumers …
Read More »“Joint Employer” Rule Passes in House of Representatives
In early January, the U.S. House of Representatives voted 206-177 to pass a resolution set to take effect in February, repealing the National Labor Relations Board’s final “joint employer” rule. The resolution introduced under the Congressional Review Act has been …
Read More »NRF CEO Talks State of Retail in 2024
NRF CEO and president Matthew Shay joined the “Retail Gets Real” podcast live alongside Bill Thorne, NRF senior vice president of communications and public affairs, from Retail’s Big Show to talk about the event, how retailers fared this holiday season …
Read More »$743 Billion in Merchandise Returned in 2023
Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in 2023, a return rate of 14.5%, according to a report released by the National Retail Federation (NRF) and Appriss Retail. …
Read More »Thanksgiving Shopping Numbers Surpass Expectations
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 of almost 3,500 consumers, released by the National Retail Federation (NRF) …
Read More »Record Shopping Coming Thanksgiving Weekend
An estimated 182 million people, 15.7 million more than last year, are planning to shop in-store and online on Thanksgiving weekend this year, according to the annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. It …
Read More »Census Data Shows Retail Sales Growth in October
Retail sales kept up a long streak of year-over-year gains in October even though the growth rate continued to slow, says Jack Kleinhenz, National Retail Federation (NRF) chief economist, in response to the U.S. Census Bureau’s release of monthly data …
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