by Annie Dameworth | Jan 17, 2025 | Industry News
Retail sales during the 2024 holiday season grew 4% from 2023 to $994.1 billion, an unexpectedly high increase, says the National Retail Foundation (NRF). This number surpassed NRF’s forecast for 2024, which was that 2024 holiday sales would increase between 2.5% and...
by Annie Dameworth | Jan 15, 2025 | Industry News
A tentative labor agreement has recently halted a potential strike at East Coast and Gulf Coast ports, but major container ports in the U.S. have already seen a surge in imports. According to the Global Port Tracker report from the National Retial Federation (NRF) and...
by Jacob Musselman | Jan 8, 2025 | Industry News
In 2024, economic growth withstood inflation, high interest rates and other global challenges and should continue to show strength in 2025, says National Retail Federation chief economist Jack Kleinhenz. “The U.S. economy ended 2024 on a high note and the outlook...
by Jacob Musselman | Dec 16, 2024 | Industry News
Around 157.2 million consumers plan to shop the last Saturday before Christmas, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This estimate is up from 141.9 million shoppers last year, and is the...
by Annie Dameworth | Dec 11, 2024 | Industry News
The CNBC/National Retail Federation (NRF) Retail Monitor cited retail sales growth for November despite sales from Thanksgiving weekend being counted in December. Total retail sales, not including automobiles and gasoline, were up 2.35% unadjusted year over year and...
