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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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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%

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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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Retail Sales Edge Up in June But Core Sales Growth Solid

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

Washington—June retail sales failed to reach economists’ estimates, but the so-called core sales—which exclude automobiles, gasoline, building materials and food services—rose a solid 0.6% for the month. Moreover, sales of clothing and clothing accessories continued to show gains. In its monthly report, the U.S. Commerce Department said today that total …