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Holiday Spending on Track to Meet NRF Forecast

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

Retail sales in November increased 0.9% over October on a seasonally adjusted basis and were up 6% year-over-year unadjusted, according to new calculations from the National Retail Federation. Online and other non-store sales grew 10.5% year-over-year, reflecting the growth of online shopping. The numbers exclude automobiles, gasoline stations and restaurants. “This …

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More than 164 Million Consumers Plan to Shop Over Thanksgiving Weekend and Cyber Monday

In Industry News, What's New by Lauren Parker, Accessories MagazineLeave a Comment

The biggest shopping weekend of the year is right around the corner and 69% of Americans — an estimated 164 million people — are planning to shop or considering shopping during Thanksgiving weekend, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.

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NRF Report: Back-to-School, College Spending to Rise 10% to All-Time High

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Some good news from the retail trenches: with consumer confidence rising and more young people in school, 2017 back-to-college spending is expected to hit an all-time high while back-to-school spending is expected to see its second-highest spending level on record, according to the National Retail Federation’s annual survey conducted by …

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RETAIL SALES GREW 0.3 PERCENT IN MARCH

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Retail sales in March increased 0.3% seasonally adjusted over February and 3.5% unadjusted year-over-year, according to calculations released recently by the National Retail Federation. The numbers exclude automobiles, gasoline stations and restaurants. “Various factors were at play in the first quarter, but we are again seeing a pattern similar to previous years …

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NRF AND OBJECT MANAGEMENT GROUP PARTNER ON RETAIL TECHNOLOGY

In Industry News, Retail News, What's New by Christine GalassoLeave a Comment

The National Retail Federation (NRF) and Object Management Group (OMG) have announced their new partnership that allows for OMG to manage a portion of the functions previously performed by NRF’s Association for Retail Technology Standards division. Under the partnership, OMG will assume responsibility for the following standards: • Retail Data …