Core retail sales – excluding restaurants, autos and gas – edged up 0.19% month-over-month and 2.4% year-over-year in December, according to the CNBC/Retail Monitor. That compared with increases of 0.73% month-over-month and 4.17% year-over-year in November.
TVB Broadcast Members: when logged in, the holiday shopping deck will display for download. Create a TVB member account | Request forgotten password Holiday Shopping Analysis According to the NRF, […]
Back to School & College Analysis According to the NRF, the 2023 back-to-school shopping season is expected to shatter the record high from 2021, with an estimated $41.5 billion to […]
Mother’s Day Analysis Mother’s Day is a celebration of love and respect for all the mothers in our lives. It is a day that we thank them for their love […]
Luxury shoppers aren’t letting higher prices get in the way of their holiday spending. Seventy-six percent of luxury shoppers expect to spend the same or more this holiday season than last year, according to a survey of luxury shoppers by Saks.
Holiday retail sales are slated to increase at a slower rate than last year, retail industry groups and consultants say, as consumers continue to face strains from higher prices.
Amid economic uncertainty and high inflation, Americans appear to be approaching the holiday season somewhat cautiously and shifting their spending.
With vivid memories of last year’s supply chain snafus and a world still grappling with COVID-19, retailers are hopeful the 2022 holiday sales season will bring shoppers into their storefronts. Meanwhile, online retailers are seeking strategies to keep their market-share gains of the past two-plus years.
The end of the summer may not be such a sad occasion for retailers. According to the 2022 Labor Day Weekend Consumer Survey Report from market research data and technology company Numerator, expected impacts from inflation and the pandemic on consumer Labor Day spending are on the decline.
Retail sales growth will start to normalize this year even as inflation shakes stores as well as shoppers.
Higher prices, omicron and the end of the enhanced child tax credit didn’t stop consumers from spending in January as retail sales rebounded from December, boosted by online and home furnishings.
Consumer spending bounced back sharply in January as rising inflation and a post-holiday surge kept cash registers ringing, the Commerce Department reported Wednesday.
Consumers are returning to some pre-pandemic behaviors when it comes to celebrating Valentine’s Day this year.
The retailers are gearing up for the home improvement industry’s peak selling season: Warmer weather months when homeowners and contractors tend to tackle more projects.
Overall foot traffic remained rock-solid in the fourth quarter for a very important sector of retail, Chain Store Age reports. Visits to “superstores” were up 6.8% quarter-over-quarter, 10.9% vs. the year-ago period and 5.7% vs. Q4 2019, according to Placer.ai’s Superstore Quarterly Index.
Consumers are looking to celebrate Valentine’s Day in a big way — particularly when it comes to jewelry.
The retail industry closed out the year with a record holiday
season that included double-digit year-over-year growth in
According to Mastercard SpendingPulse, holiday retail sales excluding automotive increased 8.5% year-over-year this holiday season.
A new survey from Klarna reveals that many consumers have not yet even come close to finishing their holiday shopping.
The 2021 holiday season is in the home stretch for record spending despite inflation, supply chain disruptions and COVID-19.