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

In What's New, Industry News by Accessories Staff

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

In What's New, Industry News by Accessories Staff

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 What's New, Industry News by Accessories Staff

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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NRF Lowers Full-Year Sales Outlook

In What's New, Industry News by Accessories Staff

Washington—“The doldrums” experienced by many retailers at the start of 2014 still are having their repercussions. Today, the National Retail Federation today lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster …