PURCHASE, N.Y. — Retail sales grew 3% this holiday season, according to preliminary data from Mastercard SpendingPulse, which attributes the size of the increase to an expanded holiday season and strong online sales. Year-over-year sales growth was up 2.4% for the traditional holiday shopping period of November 1 through December 24, according to the study,
WASHINGTON – Fewer people than usual shopped in stores over the Thanksgiving holiday weekend this year, according to the annual survey released Tuesday by the National Retail Federation and Prosper Insights & Analytics. The number of in-store shoppers on Thanksgiving Day dropped by 55% from last year and those on Black Friday dropped by 37%.
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
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
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