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Weather, Deflation Cause Holiday Retail Sales to Miss

In Industry News, What's New by Jeff PrineLeave a Comment

Washington—While the National Retail Federation today announced that holiday sales had “solid growth” the 3% increase ($626.1 billion) failed to meet the NRF’s projection for 3.7% growth. Non-store (online) holiday sales grew 9% to $105 billion. According to the National Retail Federation, December retail sales, which exclude automobiles, gas stations …

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NRF Holiday Forecast: Sales to Rise 3.7%, Lower Than Last Year

In Industry News, What's New by Accessories StaffLeave a Comment

Washington—The National Retail Federation forecast today that it expects that while holiday sales will be greater this year than the 10-year average, the expectation is below 2014’s gain. For sales in November and December (excluding autos, gas and restaurant sales) to increase a solid 3.7% to $630.5 billion — significantly higher than the 10-year average of 2.5%. …

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Retailers Add 24,000 Jobs in February, 218,000 in Past Year

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Washington–Despite unusual winter weather throughout the country that often hampered sales, retail industry employment in February increased by 24,000 jobs and has increased  218,000 on a year-over-year basis as retailers and merchants again added strength in numbers to the overall economy, the National Retail Federation said today. Strong monthly gains …

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Healthy Growth in 2015: NRF Forecasts Retail Sales to Increase 4.1% Over Last Year

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Washington—Will the stronger sales most retailers experienced for holiday continue this year? With the U.S. economy gaining traction, The National Retail Federation today released its 2015 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 4.1%*, up from the 3.5% growth seen in …

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NRF Holiday Results: Sales Increased 4%

In Industry News, What's New by Accessories StaffLeave a Comment

New York–Confident consumers stocked up on holiday gifts and other merchandise over the 2014 holiday season, helping boost overall holiday retail sales to their highest level since 2011. According to the National Retail Federation, December retail sales, which exclude automobiles, gas stations and restaurants, decreased 0.9% seasonally adjusted month-to-month, and …

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Retailers Added 2,000 Jobs in December, Bringing Total to 176,000 in 2014

In Industry News, What's New by Accessories StaffLeave a Comment

Washington–Retail industry employment increased by 2,000 jobs in December as healthy hiring gains in general merchandise and sporting goods stores were offset by declines in clothing and furniture stores, the National Retail Federation said today. Retail employment for 2014 climbed by 176,000 jobs over the year before, according to NRF’s …