Tag: Shopping
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.
Visa Analysis Shows Growth in Holiday Retail Spending
This year, Visa’s preliminary insights indicate that the overall holiday retail spend in the US increased 4.8% year over year.
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.
Record Number of Shoppers Expected Over Thanksgiving Weekend
A record 183.4 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
NRF Expects Steady Sales Growth for the 2024 Holiday Season
The National Retail Federation forecast that winter holiday spending is expected to grow between 2.5% and 3.5% over 2023.
Consumers Expected to Spend a Near-Record $33.5B on Mother’s Day
The figure is the second highest in the history of the survey, following last year’s record $35.7 billion.
2024 Easter Spending Expected to Top $22 Billion
Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the annual survey released by the NRF and Prosper Insights & Analytics.
Census Data Shows Retail Sales Bounced Back in February
The Census Bureau said overall retail sales in February were up 0.6% seasonally adjusted from January and up 1.5% unadjusted year over year.
Yorkdale Shopping Centre Uses Genetec Platform to Enhance Shopping Experience
Using the Genetec platform, the security team at Yorkdale has enhanced operational efficiency, local police collaboration, and a more proactive security stance.
More People Than Ever Expected to Shop During Thanksgiving Holiday Weekend
An estimated 182 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.