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retail sales

Retail sales in January show strong gains

Retail sales in January show strong gains

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

Acosta Group predicts retail trends for 2024

Acosta Group predicts retail trends for 2024

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

Retail sales grew in September

Retail sales grew in September

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

Circana: Inflation lifted July retail dollar volume 2%

Circana: Inflation lifted July retail dollar volume 2%

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

Retail sales rose sharply in July

Retail sales rose sharply in July

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

NRF: Retail Sales Increased Again in May

NRF: Retail Sales Increased Again in May

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

Circana: Retail spending increased 2% in May

Circana: Retail spending increased 2% in May

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

NRF: Retail sales ‘moderated’ in March

NRF: Retail sales ‘moderated’ in March

WASHINGTON – Retail sales slowed in March, but spending was still higher than during the same time last year, the National Retail Federation said Friday.   “Retail sales moderated in March after posting strong gains in the first two months of the year,” NRF President and CEO Matthew Shay said. “Continued easing of inflation and the

NRF says retail sales increased in January

NRF says retail sales increased in January

WASHINGTON – Retail sales bounced back strongly in January as inflation eased and income grew, the National Retail Federation said today. “Despite inflationary headwinds, January retail sales show the resiliency of consumers in how they manage their budgets and make decisions on how, when and where to spend their hard-earned dollars,” NRF President and CEO

Retail sales grew 7.6% during holiday season

PURCHASE, N.Y. — U.S. retail sales (excluding automotive) increased 7.6% year over year this holiday season, according to Mastercard SpendingPulse, which defines the season as the period running from November 1 through December 24. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and is not adjusted for inflation. “This holiday

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