WASHINGTON — U.S. retail sales increased 0.5% in May (seasonally adjusted from April), and were up 3.2% unadjusted year over year, according to the National Retail Federation. May’s retail sales increases were broad based, with every category except food and beverage stores showing a gain from April, NRF said. The numbers exclude sales at automobile
WASHINGTON – Americans are expected to spend a record $16 billion on Father’s Day gifts this year, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics. That’s up from last year’s $15.3 billion. “Fathers, husbands and sons can expect to feel the love this Father’s Day,” NRF president and CEO
WASHINGTON – The National Retail Federation has warned that the Trump administration’s imposition of additional tariffs on Chinese goods puts the U.S. economy and American jobs at risk. “We support the administration’s efforts to deliver a meaningful trade agreement that levels the playing field for American businesses and workers,” NRF president and CEO Matthew Shay.
WASHINGTON – Mother’s Day spending is expected to total a record $25 billion this year, up from $23.1 billion in 2018, according to the annual survey released Wednesday by the National Retail Federation. A total 84% of U.S. adults are expected to celebrate their mothers and other women in their lives. “Mother’s Day spending has
WASHINGTON — Retail sales in March were up 1% seasonally adjusted from February and up 0.8% unadjusted year-over-year, according to the National Retail Federation, which said today that the numbers represent good news about the strength of the economy. “March’s numbers are very encouraging and set the stage for improved expectations for the economy in
WASHINGTON — The U.S. economy added 196,000 jobs in March, but retail industry employment for the month fell by 11,700 jobs seasonally adjusted from February, according to the Labor Department. Retail jobs were also down 47,400 jobs unadjusted year-over-year. “March’s strong rebound in overall hiring throughout the economy is good news after the seesaw employment
The transformation of the retail business continues apace, but the outright revolution promised by the adherents of e-commerce and digital media still appears to be a ways away. That’s one of the insights gleaned from new research conducted by the National Retail Federation (NRF) and Forrester. Based on responses from 69 retailers — a mix
WASHINGTON – Retail sales rebounded in January, the National Retail Federation said on Monday. Sales increased by 1.3% seasonally adjusted from December and by 3.6% unadjusted year-over-year. The numbers exclude automobile dealers, gasoline stations and restaurants. “Retail sales recovered in January after the unexpected drop in December, reinforcing a positive start to 2019,” NRF chief
WASHINGTON – Retail industry employment in February was down by 6,100 jobs seasonally adjusted from January and down 5,300 jobs unadjusted year-over-year as employment growth across all industries slowed dramatically, according to U.S. Labor Department figures released on Friday. The retail numbers, which exclude restaurants, came as the nation saw a monthly gain of only
WASHINGTON – The holiday season turned out not to have been a particularly merry one for retailers, the National Retail Federation said on Thursday. Retail sales grew a lower-than-expected 2.9% during the two-month period, according to the NRF, which cited U.S. Commerce Department data that had been delayed by nearly a month because of the
WASHINGTON — The National Retail Federation (NRF) forecasts U.S. retail sales growth of between 3.8% and 4.4% this year. If accurate, that means a slight decline from the increase in 2018, when retail sales climbed 4.6%, according to preliminary figures cited by NRF. “We believe the underlying state of the economy is sound,” commented NRF
NEW YORK — The past year was a good one for the retail industry, and a really good one for Target Corp. Speaking at the National Retail Federation’s recent Big Show convention here, Target chairman and chief executive officer Brian Cornell noted that during the recent holiday season his company posted its best sales in