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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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Week in Review: News Not to Miss

In What's New, Industry News by Jeff Prine

New York—After a flurry of retail earnings reports in late April, the final batch came out this week. Like the previous one, they are a mixed bag. Higher expenses, lower margins, dealing with a promotional environment along with lower traffic took its toll on a range of retailers’ bottom lines …

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Week in Review: News-to-Know

In What's New, Industry News by Accessories Staff

New York—It was a much needed dose of optimism when most of retail seems besieged with lower traffic patterns, slumping comp store sales, rising promotional activity and disappointing earnings forecasts. Indeed spring seems to finally be here when the U.S. Department of Commerce this week announced March retail sales figures …