Thursday, March 21, 2024 · Jeff Berman
NRF is pegging 2024 retail sales to increase between 2.5%-to-3.5% to between $5.23 trillion and $5.28 trillion. Should this forecast come to fruition, NRF said that it would top 2023 retail sales, which rose 3.6% to $5.1 trillion.
Thursday, February 15, 2024 · SCMR Staff
Commerce reported that January retail sales, at $700.3 billion, were off 0.8% compared to December and up 0.6% compared to January 2023. NRF reported that January’s core retail sales, which it bases on Census data and excludes automobile dealers, gasoline stations, and…
Wednesday, February 14, 2024 · Amy Wunderlin
Retailers have generally navigated around the Red Sea cargo disruptions, but trade groups said costs will begin to rise even as they project a growth in imports.
Thursday, September 7, 2023 · Brian Straight
The National Retail Federation is acquiring the Reverse Logistics Association as it looks to bolster its circular economy advocacy.
Wednesday, February 15, 2023 · SCMR Staff
Commerce reported that January retail sales—at $697.0 billion—were up 3% compared to January and up 6.4% annually. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants to focus on core retail, saw January…
Friday, February 10, 2023 · Jeff Berman
A pairing of ongoing economic uncertainty and lower import volumes were the key themes in the new edition of the Port Tracker report, which was issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Thursday, September 15, 2022 · SCMR Staff
Commerce reported that August retail sales—at $683.3 billion—rose 0.3% compared to July. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to August retail sales…
Thursday, June 9, 2022 · SCMR Staff
National Retail Federation says the wild card during a busy summer will be expiration of the current labor contract at West Coast ports on July 1.
Wednesday, January 26, 2022 · Gary Forger
The National Retail Federation says returns averaged 16.6 percent of U.S. retail sales, up from 10.6 percent in 2020.
Friday, January 14, 2022 · SCMR Staff
Commerce reported that December retail sales—at $626.8 billion—were off 1.9% compared to November, while seeing a 16.9% annual increase. And it noted that total retail sales, for all of 2021, saw a 19.3% annual gain, and retail sales, from October through December, rose…
Wednesday, January 12, 2022 · Jeff Berman
A return to normalcy, as it relates to import levels, is expected in 2022, following a 2021, which ostensibly saw new record United States-bound import numbers on a near monthly basis, according to the most recent edition of the Port Tracker Report, which was recently issued…
Thursday, October 28, 2021 · Jeff Berman
NRF stated that a record year could be on tap for 2021 holiday retail sales (NRF defines holiday sales as sales from November 1-December 31, excluding automobile dealers, gasoline stations, and restaurants), projecting an increase between 8.5%-to-10.5%, coming in between…
Thursday, April 1, 2021 · SCMR Staff
With more vaccines in arms, federal stimulus putting money into pockets and consumers shopping again, the U.S. economy has made dramatic progress since the coronavirus pandemic brought activity to a near-standstill this time last year, National Retail Federation Chief…
Tuesday, November 24, 2020 · Jeff Berman
NRF is bullish about things being strong on the holiday sales front, calling for an expected 3.6%-to-5.2% annual gain, to between $755.3 billion and $766.7 billion in total sales. In 2019, total U.S. holiday retail sales saw a 4% annual gain, to $729.1 billion, with holiday…
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