US consumers are set to spend $5.5bn on jewelry as they splash out on a record Valentine’s Day, according to the NRF (National Retail Federation). That will account for just over a fifth (21 per cent) of the forecast $25.9bn, it says in its Prosper Insights & Analytics issued yesterday. Total Valentine’s spending in 2021 […]

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US retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and Covid-19, the National Retail Federation (NRF) said. “Despite economic headwinds, November retail sales data confirms that consumers continue to spend, as demonstrated by a 14% increase in sales year-over-year,” […]

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