Latest posts about NRF
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NRF and Commerce data points to retail sales growth in August
September 15, 2022
Commerce reported that August retail sales—at $683.3 billion—rose 0.3% compared to July. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to August retail sales increasing 0.1% over July and up 8% on an unadjusted basis annually.
April retail sales are strong, reports Commerce and NRF
May 17, 2022
Commerce reported that April retail sales—at $677.7 billion—saw a 0.9% increase over March and an 8.2% annual gain. It also noted that total retail sales, from February 2022 through April 2022, increased 10.8% compared to the same period a year ago. Based on its Commerce’s data, retail sales have seen annual gains every month going back to March 2020. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to sales...
March retail sales post gains, despite inflation, according to Commerce and NRF data
April 14, 2022
Commerce reported that March retail sales—at $665.7 billion—rose 0.5% compared to February and were up 6.9% annually. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to sales being flat on a seasonally adjusted basis from February, while rising 4% on an unadjusted basis annually, with sales off 0.7% sequentially and up 13.2% annually.
October retail sales see strong gains, U.S. Dept. of Commerce and NRF figures show
November 16, 2021
Commerce reported that October retail sales came in at $638.2 billion, marking a 1.7% increase over September’s revised $627.5 billion and a 16.3% annual gain. And it added that total retail sales, from August through October, rose 15.4%.
NRF is expecting a record holiday retail sales season
October 28, 2021
NRF stated that a record year could be on tap for 2021 holiday retail sales (NRF defines holiday sales as sales from November 1-December 31, excluding automobile dealers, gasoline stations, and restaurants), projecting an increase between 8.5%-to-10.5%, coming in between $843.4 billion and $859 billion.
August retail sales show gains
September 16, 2021
Commerce reported that August retail sales—at $618.7 billion—eked out a 0.7% increase over July and rose 15.1% annually. The NRF reported that its calculation of retail sales, which does not include automobile dealers, gasoline stations, and restaurants, showed that August retail sales headed up 2.3 on a seasonally-adjusted basis over July and were up 12% on an unadjusted basis annually.
July retail sales are mixed, according to Commerce and NRF
August 17, 2021
Commerce reported that July retail sales—at $617.7 billion—were off 1.1% compared to June’s revised $624.7 billion and topped July 2020 by 15.8%. And it added that total retail sales from May through July saw a 20.6% annual increase.
Buoyed by solid economic momentum, March retail sales are solid, reports Commerce and NRF
April 15, 2021
Commerce reported that March retail sales—at $619.1 billion—were up 9.8% compared to February, while rising 27.7% annually, and the National Retail Federation reported that its calculation of March retail sales, which excludes automobile dealers, gasoline stations, and restaurants, pointed to a 7.4% seasonally-adjusted increase, from February, and a 17.7% unadjusted annual gain.
NRF has high hopes for strong 2021 for retail sector
February 25, 2021
Looking at 2021, NRF said it is pegging retail sales to be up between 6.5% and 8.2%, which would represent a tally topping more than $4.33 trillion, with NRF saying that these figures come with the prospects of economic improvement spurred on by people receiving COVID-19 vaccinations, coupled with the continuing re-opening of the economy.
January retail sales start 2021 off strong, reports Commerce and NRF
February 17, 2021
Commerce reported that January retail sales—at $568.2 billion—were up 5.3% compared to December and were up 7.4% annually, and NRF reported that its calculation of January retail sales, which excludes automobile dealers, gasoline stations, and restaurants, pointed to a 5.9% gain, for the month, on a seasonally-adjusted basis compared to December and were up 10.7% annually on an unadjusted basis.
NRF’s 2020 holiday sales forecast points to busy times for warehouses
November 24, 2020
The National Retail Federation expects a 3.6%-to-5.2% annual gain overall, but non-store, ecommerce sales expected to see a 20%-to-30% increase versus 2019 holiday season
October retail sales stay on solid track, reports Commerce and NRF
November 17, 2020
Commerce reported that total October retail sales—at $553.3 billion—were up 0.3% over September and were up 5.7% annually. And NRF’s retail sales data, which excludes automobile dealers, gasoline stations, and restaurants, pointed to October retail sales being up 0.2% on a seasonally-adjusted basis compared to September, with a 10.6% unadjusted annual gain.
Retail sales see solid increases in September, notes Commerce and NRF
October 16, 2020
Commerce reported that total September retail sales—at $549.3 billion—were up 1.9% over August and were up 5.4% annually. And NRF pointed to September retail sales, which were paced by apparel, continuing a V-shaped recovery from the pandemic, with sales growing for the fourth consecutive month.
Retail sales see August gains, especially ecommerce, show reports from Dept. of Commerce and NRF
September 16, 2020
Commerce reported that total August retail sales eked out a 0.6% increase over July and were up 2.6% annually. Non-store retail, which includes e-commerce, saw a 22.4% annual gain.
April retail sales sink to new lows, reports Commerce and NRF
May 15, 2020
April retail sales data, which was issued today by the United States Department of Commerce set records, but not in a good way, as they continued to feel the economic pain of the coronavirus, or COVID-19, pandemic.