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Prosper Insights and Analytics

NRF: Holiday season off to strong start

November 28, 2023 by Featured Articles, Leading Headlines, Retail News

NRF: Holiday season off to strong start

WASHINGTON – More than 200 million consumers were in stores or shopping online between Thanksgiving Day and Cyber Monday, according to the National Retail Federation, which cited the record turnout in reiterating its forecast of spending growth in the range of 3% to 4% over the final two months of the year. “We had a

NRF: Consumers budgeting $875 for holidays

October 19, 2023 by Leading Headlines, Retail News

NRF: Consumers budgeting $875 for holidays

WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation. That sum is $42 more than respondents to last year’s survey told researchers they were expecting to spend, though it