Latest posts about NRF
Page 1 of 6 pages.
April retail sales see gains
May 16, 2023
Commerce reported that April retail sales—at $686.1 billion—were up 0.4% compared to March and were up 1.6% annually. And from February through April, it said retail sales increased 3.1% compared to the same period a year ago. NRF reported that April retail sales, which does not include automobile dealers, gasoline stations, and restaurants, were up 0.6% over March and were up 2% on an unadjusted basis annually. And on a three-month moving average through April, NRF said that retail sales were up 3.7% annually on...
January retail sales data is strong to begin 2023
February 15, 2023
Commerce reported that January retail sales—at $697.0 billion—were up 3% compared to January and up 6.4% annually. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants to focus on core retail, saw January increase 1.5% compared to December and a 4.8% increase on an unadjusted basis annually.
December retail sales are mixed to end 2022, notes Commerce and NRF
January 18, 2023
Commerce reported that December retail sales—at $677.1 billion—fell 1.1% compared to November, while posting a 6.0% annual gain, and NRF reported that December retail sales were off 0.6% on seasonally-adjusted basis compared to November and were up 5% on an unadjusted basis annually.
NRF’s holiday sales forecast optimistic, amid economic concerns
November 4, 2022
The holiday sales forecast numbers are encouraging, with NRF forecasting holiday retail sales for increase 6%-to-8% annually, coming in between $942.6 billion-to-$960.4 billion. In 2021, retail sales were up 13.5% compared to 2020, due likely to the timing of the pandemic in 2020, at $899.3 billion, setting a new all-time record. What’s more, it said that over the last 10 years, holiday retail sales have seen an average increase of 4.9%, with the caveat that pandemic-related spending over the last couple of years represented a large portion...
September retail sales steady, report Commerce and NRF
October 14, 2022
Commerce reported that September retail sales—at $684 billion—were flat compared to August while posting an 8.2% annual gain, and NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to September retail sales increasing 0.3% over August and...
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.