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Tag Archives: National Retail Federation

2021 Halloween Spending Expected to Top $10 Billion 

2021 Halloween spending

Retailers can expect a sweet year for Halloween spending this year. The National Retail Federation (NRF) conducted its Annual 2021 Halloween Spending Survey and based on the results, is predicting that spending for the holiday will top $10 billion in …

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NRF Expects Record-Breaking Back-to-School Spending in 2021

back-to-school spending NRF

According to a National Retail Federation (NRF) back-to-school spending survey conducted by Prosper Insights & Analytics, consumers plan to spend record amounts for school and college supplies as families and students look to return to in-person classrooms this fall. “The …

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Child Tax Credits Could Stimulate Retailers

child tax credit

Starting July 15, U.S. households with children will begin receiving monthly payments for each child in the household. Part of the American Rescue Plan, the child tax credits will put money into the hands of low and middle-income families to …

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NRF Revises Forecast as Great Uncertainty Transforms Into Recovery

NRF Revises Forecast

As retailers head into the second half of 2021, National Retail Federation (NRF) chief economist Jack Kleinhenz says the great uncertainty clouding the nation’s economic outlook earlier in the year has transformed into evidence of a recovery from the COVID-19 …

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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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Analyzing 2021 Retail Sales Potential

2021 retail sales

The National Retail Federation (NRF) is evaluating how retail sales may perform in 2021 after 2020 saw both strong sales for some retail sectors and stalled activity in others. Overall, NRF says there are many economic indicators that point toward …

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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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2020 Holiday Sales Expected to Climb 5.2%

online sales 2020

The traditionally busy shopping season from Thanksgiving Day in the U.S. to Cyber Monday has looked quite a bit different in 2020. The Associated Press reports the COVID-19 pandemic kept in-person Black Friday shopping crowds thin, but a surge in …

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