US Retail Trade Group Expects Holiday Season Sales to Grow More Slowly
The largest retail trade group in the United States says it expects consumers to spend more during the upcoming holiday season but the growth in sales to be slower than last year due to concerns over
2024 Holiday Spending Could Approach $1 Trillion, Retail Group Says
The National Retail Federation delivered an optimistic holiday forecast, saying it expects retail sales to grow by 2.5% to 3.5% in November and December.
Holiday retail sales growth to slow as consumers spend cautiously on non-necessities, national group forecasts
The healthy jobs market and wage growth are generally outpacing slowing inflation and support consumers’ capacity to spend during the holidays, but consumers will be cautious, particularly when buying non-necessities, National Retail Federation President and CEO Matthew Shay said during a holiday sales forecast call with media Tuesday.
National Retail Federation predicts record 2024 holiday sales
Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday
Holiday sales growth could slow to pre-pandemic levels, retail group says
U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with higher prices and spending habits settle into pre-pandemic patterns.
Holiday Sales Growth Seen Slowing From Previous Year, NRF Says
US holiday sales are expected to grow at a slower pace pace in 2024 than last year, according to a forecast from the National Retail Federation.
Retail trade group expects to see slower holiday sales in US
The largest retail trade group in the United States says it expects consumers to spend more during the upcoming holiday season but the growth in sales to be slower than last year due to concerns over
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US Holiday Spending To Approach $1 Tn: Retail Federation
US consumers are expected to spend close to $1 trillion during the winter holiday season, a slight uptick from the year prior ...
Big Lots to shutter more than 50 retail locations
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Walgreens to close 1,200 locations as retail sales decline
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