Tag: nrf
Census Data Shows Slower Retail Sales in January, but the Economy Is Still Expanding
The Census Bureau said overall retail sales in January were down 0.9% seasonally adjusted month over month but up 4.2% unadjusted year over year.
January Retail Monitor Shows Sales Dropped from Busy December, but Saw Strong Gains Year-Over-Year
Shoppers spent less in January than they did during the busy holiday month before but retail sales had strong year-over-year gains nonetheless.
Valentine’s Day Spending Projected to Reach Record $27.5B
The amount is up from last year’s $25.8 billion and slightly above the previous record of $27.4 billion set in 2020.
The LPRC Gives ‘Em Something to Talk About at 2025 Kick-Off Meeting
Over 150 retailers and solution providers gathered on the 101st floor atop the Hudson Yards building to collaborate, educate, and network.
NRF Says Holiday Season Was a Notable Success as ‘Consumers Came Out to Spend’
Data released by the US Census Bureau shows that core retail sales during the 2024 holiday season grew an unexpectedly high 4% over 2023 to a record $994.1 billion, coming in ahead of the National Retail Federation’s forecast.
5 Takeaways from the 2025 NRF Big Show
Tony D'Onofrio shares his tip five takeaways from the National Retail Federation's 2025 Big Show in New York City.
NRF Chief Economist Says 2024 ‘Ended on a High Note’
Economic growth withstood inflation, high interest rates, and other challenges in 2024 and is expected to continue showing strength in 2025, according to National Retail Federation Chief Economist Jack Kleinhenz.
Census Data for November Shows Holiday Spending ‘Clearly on Track’ to Meet NRF’s Forecast
Retail sales remained strong in November, with data from the US Census Bureau and NRF showing solid growth despite the late timing of Thanksgiving, supporting expectations for a successful holiday season.
New Study Shows Shoplifting Is Up 93% Since Before the COVID-19 Pandemic
Retailers reported a 93 percent increase in the average number of shoplifting incidents per year in 2023 versus 2019 and a 90 percent increase in dollars lost due to shoplifting over the same time period, according to a new study released by the NRF.
NRF Chief Economist Says Conditions Are Shaping Up for a Successful Holiday Retail Season
Strong results during the third quarter and continued growth in key economic data since then have set the stage for a solid holiday season, according to National Retail Federation Chief Economist Jack Kleinhenz.