NRF

2024 retail sales forecast calls for growth, says National Retail Federation

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.

January retail sales begin 2024 with mixed readings

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…

April retail sales see gains, report Commerce and NRF

Tuesday, May 16, 2023 · Jeff Berman
Commerce reported that April retail sales—at $686.1 billion—were up 0.4% compared to March and were up 1.6% annually. And from February through April, it said retail sales increased 3.1% compared to the same period a year ago. NRF reported that April retail sales, which…

January retail sales are strong to start 2023

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…

Import levels dipping but retailers well stocked

Monday, October 10, 2022 · SCMR Staff
For the remainder of 2022, imports expected by Global Tracker to be off 4% year over year.

NRF and Commerce data highlights retail sales growth in August

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…

Import declines expected over balance of 2022 and into 2023

Monday, August 8, 2022 · Jeff Berman
For June, the most recent month for which data is available, import volume was down 5.9% compared to May, which set a monthly import record.

U.S. retail sales trend down in May

Wednesday, June 15, 2022 · LM Staff
Commerce reported that May retail sales—at $672.9 billion—were down 0.3% compared to April, while seeing an 8.1% annual gain. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail,…

Retail sales post solid April gains

Tuesday, May 17, 2022 · SCMR Staff
Commerce reported that April retail sales—at $677.7 billion—saw a 0.9% increase over March and an 8.2% annual gain. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to…

U.S.-bound import volumes to remain strong, says Port Tracker report

Friday, April 8, 2022 · Jeff Berman
United States-bound retail container imports are starting to get caught up to the months-long run stretch of backlogs, while the possibility of a summer surge looms, according to the most recent edition of the Port Tracker report, which was issued today by the National Retail…

Retail sales end 2021 on solid footing, reports Commerce and NRF

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…

Port Tracker report eyes a return to normal for U.S.-bound import volumes

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…

NRF forecast calls for a record holiday retail sales season

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…

July retail sales are mixed, reports Commerce and NRF

Tuesday, August 17, 2021 · SCMR Staff
Commerce reported that July retail sales—at $617.7 billion—were off 1.1% compared to June’s revised $624.7 billion and topped July 2020 by 15.8%. And it added that total retail sales from May through July saw a 20.6% annual increase.

NRF releases 2020 holiday sales forecast projections

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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