national retail federation
After December strength made up for a shaky November, holiday retail sales for 2019 increased 4.1% versus the year-prior period to $730.2 billion, the National Retail Federation reported.
After a year of fluctuations driven by the uncertainty of the trade dispute with China, volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Among the early highlights of the National Retail Federation Big Show in New York, former Target, Apple and J.C. Penney executive Ron Johnson discussed how his new company, Enjoy, is helping to make electronics, including smartphones and, potentially, smart home products, more user friendly by providing a helping hand in setting them up, right in consumer homes.
Super Saturday (December 21) continues to be the biggest shopping day of the year with an estimated 147.8 million U.S. consumers expected to participate, up from 134.3 million last year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
The National Retail Federation and other associations welcomed news that the U.S. and China have agreed on a “phase one” trade deal, according to recent media reports.
Volume at the nation’s major container ports bumped up significantly in November as retailers imported merchandise ahead of new tariffs set to take effect this month, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
A record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year, an increase of 14% over last year’s 165.8 million, according to a survey from the National Retail Federation and Prosper Insights & Analytics.
More than half of consumers began shopping for the holiday by the first week of November and almost a quarter of purchases were made by then, according to an annual survey published by the National Retail Federation and Prosper Insights & Analytics.
Imports at the nation’s major cargo ports are expected to see one more boost in November before falling off in December and into the New Year, according to the National Retail Federation.
Imports at the nation’s major retail container ports are expected to hit their highest level of the year in November just before additional tariffs take effect in December, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.
Members of Generation Z influence a significant amount of household purchases and enjoy spending their own money, according to the latest issue of the Consumer View report released by the National Retail Federation.