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Valentine’s Day Survey: More Shoppers Plan to Buy Jewelry This Year

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Washington—Not only as U.S. consumers planning to spend more on their Valentine’s Day gifts this year, jewelry, which normally ranks high for the holiday, may see an additional boost. According to According to the National Retail Federation’s Valentine’s Day Consumer Spending Survey conducted by Prosper Insights and Analytics released today, …

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Survey: Average Super Bowl Fan to Spend 14% More for Patriots/Seahawks Match-Up

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Washington—While “Deflategate”—allegations that the New England Patriots used deflated footballs during last weekend’s AFC championship games—may threaten to overshadow the Patriots’ Super Bowl matchup with the Seattle Seahawks, but so far consumers are hyped over the Sunday, February 1, matchup for Super Bowl XLIX. So much so that they plan …

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NRF Holiday Results: Sales Increased 4%

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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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Black Friday Sales Drop as Shopping Trend Shift: NRF

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Washington—Early holiday promotions even before Thanksgiving, the continued growth of online shopping, and an improving economy changed the way millions of people approached the biggest shopping weekend of the year. According to NRF’s Thanksgiving Weekend Spending Survey conducted by Prosper Insights & Analytics, 55.1% of holiday shoppers were or will …

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Retailers Call on Port Parties to Remain at Negotiating Table

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Washington—With reports that on reports that the International Longshore and Warehouse Union and Pacific Maritime Association are taking a break from contract negotiations, retailers are more worried than ever about shipments they expect for fourth quarter and beyond. The National Retail Federation issued FRiday the following statement from President/CEO Matthew …