by Lindsey Thompson | Oct 5, 2022 | Industry News
In the latest Monthly Economic Review from the National Retail Federation (NRF), chief economist Jack Kleinhenz says that consumers are worried about high inflation and increased interest rates but are still spending. Overall retail sales reported by the Census Bureau...
by Lindsey Thompson | Apr 6, 2022 | Industry News
According to the National Retail Federation’s (NRF) annual survey with Prosper Insights & Analytics, 80 percent of Americans will celebrate Easter this year and 51 percent of celebrations will be in person. The survey also shows that American consumers plan to...
by Lindsey Thompson | Jan 7, 2022 | Industry News, Operational Insights
Despite an increase in holiday spending, retailers are facing a financial crunch with an increase in holiday returns that will cost them more money. Holiday spending between Nov. 1 and Dec. 24 was up 8.5 percent in 2021, according to Mastercard Spending Pulse. But,...
by Lindsey Thompson | Dec 1, 2021 | Industry News
According to the National Retail Federation (NRF), 180 million Americans shopped during the five-day holiday spending period from Thanksgiving Day through Cyber Monday. When compared to the 186 million shoppers in 2020 and 190 million in 2019, the deceleration has...
by Lindsey Thompson | Nov 22, 2021 | Operational Insights
The holidays are just around the corner but many consumers have already started checking off their holiday shopping lists. U.S. News & World Report shared seven shopping trends consumers can expect as they purchase gifts, decor and more for their holiday...
