PURCHASE, N.Y. — Retail sales (excluding automotive) increased 8.5% year over year this holiday season, according to Mastercard SpendingPulse. Online sales grew 11% compared to the same period last year, the preliminary insights show. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, defines the holiday season as running from
WASHINGTON – Imports at the nation’s major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global Port Tracker report released Wednesday by the National Retail Federation and Hackett Associates. “This has
WASHINGTON – Early holiday shopping helped boost retail sales in October, the National Retail Federation said on Tuesday. “Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” NRF President and CEO Matthew Shay said. “The robust balance sheets of American households are being
WASHINGTON — This year’s holiday spending has the potential to shatter previous records, the National Retail Federation (NRF) said, forecasting that sales during November and December will grow between 8.5% and 10.5% over 2020 to total between $843.4 billion and $859 billion. The numbers (which exclude automobile dealers, gasoline stations and restaurants) suggest that sales
WASHINGTON — Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% over the same period in 2019 to $789.4 billion, according to the National Retail Federation (NRF). Online and other non-store sales increased 23.9% to $209 billion. NRF chief economist Jack Kleinhenz said consumers shifted into high gear in December, giving the
WASHINGTON – Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% over the same period in 2019 to $789.4 billion, the National Retail Federation said on Friday. That tops the NRF’s holiday forecast, and came despite a pandemic that disrupted holiday shopping. Online and other non-stores sales increased 23.9% to $209 billion.
MINNEAPOLIS — Target Corp.’s comparable sales for the combined November/December period grew 17.2%, driven by a 4.3% increase in store traffic and a 12.3% increase in average ticket size, the company said Wednesday. Store-originated comparable sales grew 4.2%, while comparable digital sales grew 102%. “The momentum in our business continued in the holiday season with
NEW YORK — Overall retail sales grew modestly during the year-end holidays, although e-commerce spending boomed as many consumers opted to shop from home with COVID-19 surging anew across most of the country. According to preliminary data collected by Mastercard Spending Pulse, retail sales (excluding automotive and fuel) for the expanded holiday season stretching from
WASHINGTON – The National Retail Federation forecast Monday that holiday sales during November and December will increase between 3.6% and 5.2% compared to 2019, totaling between $755.3 billion and $766.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with a 4%t increase to $729.1 billion last year and an average holiday
MINNEAPOLIS — Target Corp. will kick off the holiday shopping season with its Target Deal Days sales event on October 13 and 14. The retailer said its holiday sales push this year will include nearly 1 million more deals than last year, Black Friday pricing throughout November and an extended Price Match Guarantee. “This year,
WASHINGTON – Holiday retail sales during 2019 grew 4.1% over the same period in 2018 to $730.2 billion, according to a recent report from the National Retail Federation (NRF). Grocery and beverage stores were up 2.9% year over year. In addition, online and other non-store sales were up 14.6% year over year. “Having spent time with
PURCHASE, N.Y. — E-commerce sales hit a record in the 2019 holiday season, helping lift seasonal sales (excluding vehicles) by 3.4% from the year-earlier level, according to Mastercard SpendingPulse. The report noted that e-commerce sales were up 18.8% compared to the 2018 holiday season, though it did not give a dollar figure. E-commerce sales contributed