April 22, 2024 by MMR
moderate growth, retail sales
2024, Issue 04-22-2024
WASHINGTON — Retail sales this year will increase between 2.5% and 3.5% from 2023 levels, according to the latest forecast from the National Retail Federation (NRF), which foresees sales rising to between $5.23 trillion and $5.28 trillion. “The resiliency of consumers continues to power the American economy, and we are confident there will be moderate
April 15, 2024 by MMR
March, National Retail Federation chief economist Jack Kleinhenz, NRF, retail sales
Featured Articles, Leading Headlines, Retail News, Topics
WASHINGTON – Data released by the U.S. Census Bureau on Monday shows that retail sales continued to increase in March as tax refunds and job growth put more money in shoppers’ pockets, National Retail Federation Chief Economist Jack Kleinhenz said. “March’s Census Bureau numbers confirm that consumer spending remains steady, underscoring a resilient consumer despite
April 12, 2024 by MMR
CNBC/NRF Retail Monitor, March sales, retail sales
Leading Headlines
WASHINGTON – Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. “As inflation for goods levels off, March’s data demonstrates steady spending by value-focused consumers who continue to benefit from a strong labor market and real wage gains,”
March 25, 2024 by MMR
Circana, discretionary spending, retail sales
Leading Headlines, Supplier News
CHICAGO — U.S. retail sales revenue in February remained flat in the discretionary general merchandise and consumer packaged goods categories and units declined 1% compared to the same month last year, according to. Circana. Discretionary general merchandise spending declines continued at the newly established levels, with 5% dollar and 4% unit sales declines compared to
March 25, 2024 by Scot Meyer
Conference Board, retail sales, Scot Meyer
2024, Issue 03-25-2024
Some forecasters see partly cloudy skies ahead for the U.S. economy, which could translate into weaker sales gains for retailers in the coming months. The Conference Board recently upgraded its forecast, saying that it no longer expects a recession this year. But the news is not all good. “Various indicators of business activity, labor markets,
February 12, 2024 by MMR
CNBC/NRF Retail Monitor, holiday sales, January, January retail sales, National Retail Federation, NRF President and CEO Matthew Shay, retail sales
Featured Articles, Leading Headlines, Money, Retail News, Uncategorized
WASHINGTON – Retail sales started strong in 2024, according to figures released Monday by the National Retail Federation. Sales in January nearly matched December’s holiday spending and rose significantly year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions. “January sales continued the strong performance of retail sales in December, which is
December 14, 2023 by MMR
2024 retail predictions, Acosta Group, retail sales
Leading Headlines, Retail News
JACKSONVILLE, Fla. — Acosta Group today announced its 2024 retail predictions, identifying how brands and retailers can win shopper loyalty, drive sales, and achieve efficiencies in another year of anticipated marketplace disruption. “While we expect 2024 to remain as complex as 2023, brands and retailers will have opportunities to better understand and meet the evolving demands
October 17, 2023 by MMR
National Retail Federation, retail sales, U.S. Census Bureau
Leading Headlines, Retail News
WASHINGTON – Reports out today on retail sales in September show that consumers have retained the ability and willingness to spend despite accumulating economic headwinds from higher interest rates and slowing growth, according to the National Retail Federation. The NRF’s calculation of retail sales – which excludes automobile dealers, gasoline stations and restaurants to focus
August 16, 2023 by MMR
Circana, July retail sales, retail sales
Leading Headlines, Money, Retail News
CHICAGO – U.S. retail sales in July, including spending on both discretionary general merchandise and consumer packaged goods (CPG), increased 2% compared to the same month last year, and unit sales declined 2%. Discretionary general merchandise spending declines continued with a 4% decline in dollar sales and 7% drop in unit sales compared to last
August 15, 2023 by MMR
Commerce Department, consumer spending, National Retail Federation, retail sales
Leading Headlines, Retail News
WASHINGTON –Retail sales reversed their downward trend in July as Prime Day and major promotions by other brands prompted increased shopping while wage increases gave consumers more money to spend, according to the National Retail Federation. “July retail sales show consumers continue to drive the economy through this period of economic pressure with robust spending
June 15, 2023 by MMR
May retail sales, National Retail Federation, NRF, NRF chief economist Jack Kleinhenz, NRF President and CEO Matthew Shay, retail sales
Leading Headlines, Money, Retail News
WASHINGTON – Retail sales rose again in May as consumers continued to spend despite economic challenges, the National Retail Federation said on Thursday. “Consumers continued to spend on household priorities in May, supported by gains in the job market and wages,” NRF President and CEO Matthew Shay said. “Retailers recognize the ongoing pressure on cost-sensitive
June 14, 2023 by MMR
Circana, May sales, retail sales
Featured Articles, Leading Headlines, Money, Retail News
CHICAGO – U.S. retail sales revenue rose 2% in May, according to Circana, which notes that the overall sales figure includes both discretionary general merchandise and consumer packaged goods (CPG). Circana, formerly IRI and The NPD Group, points out that the increase, compared to May 2022, came primarily from food and beverage CPG spending, which