U.S. consumers will spend more than ever as the Easter holiday is nearly three weeks later this year than last, according to the National Retail Federation (NRF). According to NRF’s annual survey conducted by Prosper Insights & Analytics, spending for Easter is expected to reach $18.4 billion, up 6 percent over last year’s record $17.3 billion and a new all-time high in the survey’s 14-year history. Those celebrating plan to spend an average of $152 per person, up 4 percent from last year’s previous record of $146. [Read more...]
According to the National Retail Federation’s annual survey conducted by Prosper & Analytics, total spending for Halloween is expected to reach $8.4 billion, an all-time high in the survey’s history.
U.S. consumers are expected to spend an average of $82.93, up from last year’s $74.34, with more than 171 million Americans planning to partake in Halloween festivities this year. [Read more...]
With increases in consumer spending expected to remain solid during the remainder of the year, the National Retail Federation (NRF) says retail sales for 2016 are now expected to grow 3.4 percent over last year, rather than the 3.1 percent forecasted earlier. Online and other non-store sales, which are included in the overall figure, are expected to increase 7 to 10 percent year-over-year rather than the 6 to 9 percent forecast earlier. [Read more...]
Prosper Insights and Analytics has conducted the National Retail Federation’s Holiday Consumer Spending Survey. The survey surmised that people will spend more this holiday season than in any other during the survey’s 14-year history. Other key facts include: [Read more...]
Warner Bros. Consumer Products (WBCP) has partnered with Rubie’s Costume Co., Promotional Partners Worldwide Toys (PPW), and ICup Inc. to introduce a new range of adult, children, and pet costumes for Halloween.
The National Retail Federation’s Halloween Consumer Top Costumes Survey indicates that Batman has ranked in the top three places in adult, kids, and pet categories. The Deluxe Batman Unlimited kids costume and the Batman Unlimited Nightwing costume are ready for little fans to keep Gotham city safe. Adults can join the Dark Knight by changing into the Batman: Arkham Knight Harley Quinn Deluxe costume. [Read more...]
According to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the nation’s major retail container ports is expected to increase 1.2 percent this month over the same time last year as retailers head toward the holiday season.
According to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the nation’s major retail container ports is expected to increase 3.6 percent this month over the same time last year, as retailers begin to bring in merchandise for the holiday season. Imports for the year are expected to be up 4.2 percent over last year.
This past Wednesday, the National Retail Federation (NRF) and more than 100 other business groups called for passage of legislation requiring the Department of Transportation (DOT) to track port statistics. The legislation, according to the NRF, could help avoid a repeat of the congestion and slowdowns that occurred along the West Coast during the labor dispute resolved earlier this year.