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
CHICAGO – In March 2023, discretionary U.S. general merchandise retail sales revenue fell 7%, compared to March 2022, and unit sales fell 8%, which is double the average monthly declines in January and February. These steeper sales declines remained consistent during the last three weeks of March, spanning both units and dollars for the first
WASHINGTON – Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics. Eighty-one percent of Americans will celebrate the holiday and spend
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
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
WASHINGTON – November retail sales were down from October, when inflation worries prompted a surge of early holiday shopping. But retailers’ November sales still reflected solid year-over-year growth that marked a strong start to the holiday season, according to the National Retail Federation. “Consumers continued to spend on household priorities and holiday gifts for loved
WASHINGTON, December 14, 2022 – Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a report released today by the National Retail Federation and Appriss Retail. As retail sales continue to grow, the average rate of return has remained flat at 16.5% compared with 16.6% in 2021.
WASHINGTON – An estimated 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. This figure is almost 8 million more people than last year and is the highest estimate since NRF began
ZAANDAM, the Netherlands – Ahold Delhaize said sales and profits increased in its second quarter as its stores in Europe and the United States gained market share. President and CEO Frans Muller said the financial results confirm the strength and breadth of Ahold Delhaize’s brand portfolio. “Our brands’ unparalleled understanding of customers, broad assortments and
WASHINGTON – Retail sales slowed in May as consumers faced continuing inflation and higher prices for essentials like food and gasoline, the National Retail Federation said Wednesday. “Retail sales are reflecting Americans’ growing concern about inflation and its impact on the cost of everything from groceries to gas,” NRF president and CEO Matthew Shay said.
WASHINGTON – April retail sales rose 0.9% from the previous month to $677.7 billion, the Commerce Department reported today. It was the fourth consecutive monthly increase in the face of rising consumer prices. April’s increase followed the 0.5% gain in March sales, when Russia’s military invasion of Ukraine caused gasoline prices to surge. Pump prices
PURCHASE, N.Y. — Monthly retail sales growth continued to be strong in April, according to Mastercard SpendingPulse, which reported that total retail sales (excluding auto) for the month were up 7.2% year-over-year. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, also found that April sales increased 15.3% compared to