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Tag Archives: matthew shay

Thanksgiving Shopping Numbers Surpass Expectations

2022 Thanksgiving Weekend

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) …

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Record Shopping Coming Thanksgiving Weekend

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 …

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Record Number of Consumers to Celebrate Halloween in 2023

Halloween 2023

Total Halloween spending in 2023 is expected to reach a record $12.2 billion, outpacing last year’s record of $10.6 billion, according to the National Retail Federation’s (NRF) annual survey conducted by Prosper Insights & Analytics. A record number of people, …

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NRF Predicts Healthy Growth for Holiday Retail Sales

holiday retail sales

In light of inflation woes and continued supply chain issues, the National Retail Federation predicts holiday retail sales during November and December will grow 6% to 8% from 2021. That amount of growth would put sales between $942.6 billion and …

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NRF Projects 2021 Retail Sales to Top $4.4T

2021 retail sales

The National Retail Federation (NRF) is upwardly revising its estimate on how much consumers will spend across retail sectors in 2021. The organization’s new estimate now stands at $4.4 trillion, and the NRF expects sales to grow between 10.5 and …

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Understanding the Twists and Turns of 2020 Retail Sales

Retail Roadmap

Despite uncertainty early in the year, retail sales have remained strong across sectors, including historic sales for home improvement (NAICS 444) and nonstore companies (NAICS 454) like Amazon. Referencing retail sales for September, National Retail Federation president and CEO Matthew …

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Retailers Must Diversify to Overcome Tariff Tensions

tariffs

Writing for the National Retail Federation (NRF)’s blog, president and CEO Matthew Shay reflected on the effects recent tariff escalations between the U.S. and China have taken on retail supply chains. Review some of his takeaways here. Retailers can’t move …

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