The Census Bureau said overall retail sales in January were down 0.8% from December but up 0.6% year over year. That compared with increases of 0.4% month over month and 5.3% year over year in December.
Consumers plan to spend $875 on core holiday items including gifts, decorations, food and other holiday-related purchases this year.
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NRF and other industry organizations are examining the potential effect this would have on businesses, consumers and the economy.
Retailers reported that organized retail crime remains a significant concern due to heightened levels of violence. More than two-thirds (67%) of respondents said they were seeing even more violence ...
Families with children in elementary through high school plan to spend an average of $890.07 on back-to-school items this year, approximately $25 more than last year’s record of $864.35 and a new high.
Consumers plan to spend $274.02 per person, the highest in the history of the survey and up from the previous record high of $245.76 in 2022.
Criminal groups have become more brazen and violent in their tactics and are using new channels to resell stolen goods.
The National Retail Federation has issued a statement urging support in Congress for inclusion of the “Integrity, Notification, and Fairness in Online Retail Marketplaces (INFORM) for Consumers Act,”...