Sweet Suite 2016

Halloween Spending to Reach $8.4 Billion, Highest in Survey History, NRF Says

4f2c4489-dd83-44c0-8e20-9c0c2902cdceAccording 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...]

NRF Says Retailers Should Expect Increase in Consumer Spending to Continue

nrf1With 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...]

Warner Bros. Develops New Range of Halloween Costumes

WBCPBatmanWarner 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...]

NRF: More Than 157 Million Americans to Celebrate Halloween

More than 157 million Americans plan to celebrate Halloween this year, according to the National Retail Federation’s Halloween Consumer Spending Survey. The average person celebrating will spend $74.34 as opposed to $77.52 last year. Total spending on the holiday is expected to reach $6.9 billion.

Consumers celebrating Halloween plan to spend an average of $27.33 on costumes for the whole family, and a total of $2.5 billion on store-bought, homemade, large, and small costumes. Those celebrating will spend the most on adult costumes ($1.2 billion), and will spend $950 million on children’s costumes and $350 million on costumes for pets. An estimated 68 million Americans will dress up this Halloween, and another 20 million pet owners will dress up their pet.

Click here to read more of the survey’s statistics.

NRF Sees Retail Imports Climbing as Holidays Approach

nrfAccording 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.

[Read more...]

NRF and Hackett Associates See Imports Up as Retailers Look Toward Holidays

nrfAccording 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.

[Read more...]

Bill Proposed to Help Avoid Repeat of West Coast Ports Slowdown

nrfThis 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.

[Read more...]

Experts Point to Increasing Imports as Retailers Prepare for Back-to-School

nrfImport cargo volume at the nation’s major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates on Wednesday.

[Read more...]

NRF Survey Says Consumers are on the Hunt For Candy, Spring Apparel this Easter

nrfThe average person celebrating Easter this year will spend $140.62, an slight increase from last year’s $137.46, according to the National Retail Foundation’s (NRF) Easter Spending Survey conducted by Proper Insights & Analytics. Total spending is expected to reach $16.4 billion, including purchases of apparel, decorations, gifts, candy, food, and flowers.
[Read more...]

NRF Says Supreme Court Ruling on Swipe Fees Leaves Merchants and Consumers Paying Too Much

nrfOn Tuesday, the National Retail Federation (NRF) expressed disappointment at the U.S. Supreme Court for not reviewing an appellate court ruling on whether the Federal Reserve (Fed) set a 2011 cap on debit card swipe fees higher than the level sought by Congress in legislation passed the year before. [Read more...]