Core sales were up 4.1% year over year on a three-month moving average.
Shoppers expected to shell out $27.5 billion, NRF predicts.
Consumer spending for holidays hit new record.
Shorter time between Thanksgiving and Christmas ups sales forecast for day.
Employers need to help newest workers avoid getting hurt, study finds.
Retailers seeking to avoid possible tariff hikes and port strike.
NRF Senior Vice President for Government Relations David French wrote to the Senate Judiciary Committee.
But while total number of shoppers dropped, in-store visits grew, NRF finds.
“The winter holidays are a treasured time for Americans, and they are prioritizing spending on family this holiday season.”
“Retailers need to pay close attention to developments with open banking and the potential it offers as an alternative to the costly way payments are currently...
More and more shoppers buying spooky merch before October, survey finds.
Latest overall job-creation figures point to cooling economy/soft landing.
Pink pumpkins, skulls and other decorations are taking more and more shelf space.
For every $1 billion in sales, the average retailer incurs $166 million in merchandise returns.
Adult-beverage purveyors, home-improvement stores lead the way.
The NRF has revised its retail sales forecast upward.
The National Retail Federation prediction was revised from its earlier numbers revealed in February.
They say mask enforcement for unvaccinated individuals should not fall to retail employees.
The trend is expected to continue through the remainder of 2021.
‘NRF is optimistic that the recovery is accelerating and the needed rebuilding of the economy is underway.’
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