Overall return rate is higher for online retailers
NRF Vice President of Asset Protection and Retail Operations David Johnston testified on behalf of the retail industry
The Census Bureau said overall retail sales in November were up 0.3% from October and up 4.1% year over year
“Retailers use AI to better serve their customers, improve the shopping experience and increase the efficiency of their operations”
Overall retail sales in October were down 0.1% from September but up 2.5% year over year
2023 shopping total in line with pre-pandemic increases: NRF
“The 2024 honorees showcase the depth, diversity and ingenuity found throughout the retail industry”
Attending parties, trick-or-treating also on post-pandemic uptick
“This was a positive report with no sign of an abruptly slowing economy despite what has happened with inflation and interest rate pressures”
Agreement “provides stability to the supply chain and assurance” to retailers and other businesses, CEO says
Experience and subscription gifts also rise to new highs
Disruptions at California ports follow impasse with labor deal
"... We're not seeing the explosive demand we saw the past two years," NRF President Jonathan Gold says
Industry thought leaders will discuss post-pandemic consumer behavior
54% of consumers will buy their Easter gifts from discount stores, according to an NRF survey
"The underlying fundamentals in the consumer economy remain on solid footing," says NRF President and CEO Matthew Shay
Retailers must have a direct investment in at least three countries to qualify for the ranking
There's reason for optimism ahead of the Dusseldorf show
Consumers who plan to celebrate will spend an average of $192.80, according to the group
Potential nationwide shutdown of rail system could halt nearly 7000 trains