E-Tail Returns Can Burn a Hole in the Bottom Line
the National Retail Federation estimates that about 20 percent of merchandise sold online will be returned by the customer.
the National Retail Federation estimates that about 20 percent of merchandise sold online will be returned by the customer.
The National Retail Federation forecasts that holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion.
Retail sales increased in June even as inflation climbed higher and drove up prices across the board, according to the latest report from the National Retail Federation.
Seventy-nine percent of small retailers support efforts to lower federal tax rates by eliminating tax loopholes, and 73 percent of small retailers are concerned by the complexity of the federal tax code.
As a result of the Labor Department's new overtime rules, management positions in restaurants will disappear, limiting career advancement and hurting restaurant employees and owners, according to the National Council of Chain Restaurants.
Consumers know just what they want to do with their refunds this year: In addition to savings, 34.9 percent plan to pay down debt and 22.4 percent will use the refunds for everyday expenses. While 11.4 percent plan to book a vacation, 9.2 percent plan to
The largest association of retailers in the U.S. has mixed news on the economy, but overall the forecast is sunny.
In its latest report, the National Retail Federation has calculated that May retail sales remained mostly unchanged when seasonally adjusted month-to-month, yet they showed an increase of 3.0 percent unadjusted year-over-year. The data excludes automobiles, gas stations and restaurants.