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holiday retail sales

NRF holiday retail sales forecast reflects strength

WASHINGTON — The National Retail Federation (NRF) has projected holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — to increase between 4.3% and 4.8% over 2017 to $717.45 billion to $720.89 billion. The forecast compares with an average annual increase of 3.9% over the past five years. “Our forecast reflects

NRF: holiday sales to rise 3.6% to 4%

NRF: holiday sales to rise 3.6% to 4%

WASHINGTON — The National Retail Federation on Tuesday forecast that holiday retail sales in November and December will increase between 3.6% and 4% over last year, to total $678.75 billion. “Our forecast reflects the very realistic steady momentum of the economy and overall strength of the industry,” NRF president and CEO Matthew Shay said. “Although this

Walmart plans to make holiday shopping fun

Walmart plans to make holiday shopping fun

BENTONVILLE, Ark. — Walmart said it will rely on additional customer service,  in the form of “an army of Holiday Helpers” who will help customers move through the checkout line, as well as on low prices and additional merchandise, to drive sales during the upcoming holiday shopping season. The retailer said Thursday that it has