NOLUMA_1170x120_10-11-19

holiday sales

Deloitte forecasts healthy retail holiday sales gains

Deloitte forecasts healthy retail holiday sales gains

NEW YORK — Retailers should see holiday sales rise a healthy 4% to 4.5% over last year and surpass $1 trillion, according to a forecast by Deloitte, which foresees sales increasing in stores and online. “The projected uptick in holiday sales ties to four primary factors affecting consumer spending, starting with anticipated strong personal income

2016 holiday retail sales increased 4%

2016 holiday retail sales increased 4%

WASHINGTON — The National Retail Federation is out with figures showing that holiday sales reached $658.3 billion in November and December, a 4% increase from the previous year and surpassing the NRF’s preseason forecast for $655.8 billion in holiday spending. The number includes $122.9 billion in online (dubbed non-store sales by NRF) sales. That represents

NRF sees happy holiday for retailers

NRF sees happy holiday for retailers

WASHINGTON — Retail sales this holiday season will be better than usual, according to the National Retail Federation. The NRF on Tuesday forecast that sales in November and December (excluding autos, gas and restaurant sales) will increase a solid 3.6% to $655.8 billion. That is significantly higher than the 10-year average of 2.5% and also above the seven-year average

Deloitte forecasts holiday sales gains

Deloitte forecasts holiday sales gains

NEW YORK — Retailers should see a modest increase  in holiday sales this year, according to a forecast by Deloitte, which predicts that sales will grow both in stores and online. “We anticipate a modest increase in sales growth as economic fundamentals that boost spending improve further,” said Deloitte senior U.S. economist Daniel Bachman. “Consumers

Holiday sales edge up in food, drug, mass retail arena

NEW YORK — For 2015, the food, drug and mass retail channel saw holiday sales growth in line with that of recent years. Total sales for discount stores grew 3.3% for the 28-day period between Thanksgiving and Christmas, compared with 3.5% in 2014, according to research by Racher Press, the publisher of MMR. Same-store sales