Cargo traffic at the nation’s container ports is expected to grow modestly in December, according to the National Retail Federation.
Adobe has released its online shopping predictions for the upcoming holiday season.
After months of record-setting volume as retailers stocked up for the holiday season, imports at the nation’s major container ports should be essentially flat this month compared with the same time last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Most consumers say they will spend about the same amount during the holiday season this year as last year, but a new survey released by the National Retail Federation and Prosper Insights & Analytics indicates that young adults ages 18 to 24 years old are the most likely to increase spending.
According to a survey sponsored by Offers.com, Cyber Monday will edge out Black Friday as the top shopping day of the holidays.
Consumers looking to check items off their gift-giving list during the forthcoming holiday season will do more of their shopping online, according to a recent report from The NPD Group.
Imports remained at record high levels through the end of August as retailers continued bringing in merchandise for the holiday season, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
As the holidays approach, Target plans to hire 100,000 seasonal employees to staff its stores, distribution centers and fulfillment facilities.