NRF: October Retail Sales Up 5.6%

With the holidays approaching, consumers have not slowed their spending in October as retail sales for the month were up 5.6% year-over-year, according to the National Retail Federation.

NRF: Consumer Holiday Spending To Rise

Consumers said they will spend an average of $1,007.24 during the holiday season this year, up 4.1% from the $967.13 they said they would spend last year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

NRF: September Retail Sales Gain

Year-over-year retail sales in September were up 3% as general merchandise stores and electronics and appliance stores reported strong gains in the year’s ninth month, according to the National Retail Federation.

Home Décor
Wayfair Puts Design Services In The Hands Of Consumers

The furniture shopping experience as available to consumers today is changing radically, and is contributing to that dynamic in a number of ways including, recently, the launch of an interior design service that makes professional help accessible to just about any consumer.

NRF Predicts Strong Holiday Sales

The National Retail Federation said that it expects holiday retail sales in November and December, excluding automobiles, gasoline and restaurants, to increase between 4.3% and 4.8% over 2017 for a total of $717.45 billion to $720.89 billion.

Study Suggests Shoppers Taking Conservative Holiday Approach

According to Blis, a purveyor of location data technology, consumer gift buying will follow typical lines for the most part this holiday season. But for the 18.7% of shoppers who plan to spend more money this year at the holidays, 64.5% are inclined to spend anywhere from 10% to 40% more than expected if a physical retail location is holding a sale.

April Retail Sales Grow 2.8%

Year-over-year retail sales in April increased 2.8% as online/non-store retailers and furniture and home furnishings stores reported the largest increases in the month.

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