Coresight: Fewer 2020 U.S. Store Closings Than Expected
Despite a difficult year, Coresight Research noted that far fewer retailers closed their doors in 2020 than many observers anticipated, including Coresight itself.
stimulus
NRF: Holiday Sales Came In Stronger Than Expected
The National Retail Federation reported retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% compared to the same period in 2019 to $789.4 billion.
NRF Welcomes Aid From Biden Stimulus Plan
The National Retail Federation President and CEO Matthew Shay issued a statement supporting President-elect Joe Biden’s plan to combat the coronavirus and stimulate the nation’s economic recovery.
Qurate’s George Cites Retail Achievements In NRF Keynote
In the opening keynote address kicking off the virtual Chapter 1 of the National Retail Federation Big Show, Mike George, president and CEO of Qurate Retail Group and NRF chairman, spotlighted how the retail sector reacted to the COVID-19 pandemic and social turbulence over the past year, emphasizing how the industry worked to improve conditions in communities around the United States.
NRF: Stimulus Will Help Tide Over The Economy
Economic challenges arising from the coronavirus pandemic will continue in 2021, but stimulus legislation signed into law just after Christmas…