National Retail Group: holiday sales fell short

Business 02/14/19, 12:48

The National Retail Federation, the nation's largest retail trade group, said that holiday sales increased a lower-than-expected 2.9 percent as worries about the trade war with China, the government shutdown and stock market turmoil dampened shopper spending in December.The figures, released Thursday, come after the Commerce Department announced weak December ...

Retail group forecasts solid retail sales growth for 2019

Business 02/05/19, 13:43

The National Retail Federation, the nation's largest retail trade group, forecasts that retail sales should grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in the mood to spend in a strong economy and job market.The forecast, released Tuesday, is nearly in ...

Retail group says holiday season off to a strong start

Business 11/27/18, 16:24

The holiday shopping season has gotten off to a "very strong" start, according to the largest U.S. retail trade group.The National Retail Federation said Tuesday that consumer spending has been strong, fueled by a better economy and stores' investments in online services including features that allow shoppers to buy online ...

Adults want cozy, kids want gross: 4 holiday trends to watch

Business 11/23/18, 10:43

Cozy sweaters and soft pajamas are in for adults. Kids, meanwhile, are asking for board games featuring fake poop and pimples.Those are just some of the trends expected this holiday season, when shoppers are projected to spend as much as $720 billion, according to the National Retail Federation.Here's what to ...

Holiday sales expected to grow in a strong economy

Business 10/03/18, 12:47

The National Retail Federation, the nation's largest retail trade group, says it expects sales in November and December to rise between 4.3 percent and 4.8 percent to $717.45 billion to $720.89 billion as shoppers continue to be in a spending mood in a stronger economy.The sales growth marks a drop ...

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