Tag: nrf

The figure is the second highest number in the survey’s history after last year’s record of 200.4 million, and surpassed NRF’s initial expectations of 183.4 million shoppers.

The NRF still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz said.

Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations, and other seasonal items.

NRF’s Fight Retail Crime Day returns today, October 24, to mobilize the retail community to advocate for effective solutions in combating crime.

Data released by the US Census Bureau shows retail sales increased again in September as employment grew and inflation and interest rates fell.

The National Retail Federation forecast that winter holiday spending is expected to grow between 2.5% and 3.5% over 2023.

Imports at the nation’s major container ports should continue at elevated levels this month despite a strike that briefly shut down operations from Maine to Texas last week, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the NRF.

With the economy slowing but still growing and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have dodged a recession, according to National Retail Federation Chief Economist Jack Kleinhenz.

Deterring bad actors today requires multiple disciplines and functions within a retailer to recognize, develop, and implement mitigation strategies.