The National Retail Federation (NRF) is predicting a successful holiday shopping season, citing a strong U.S. economy and continued consumer spending. “Even though the traditional kick-off to the holiday season started with Black Friday, this holiday shopping season was already in full swing,” Kleinhenz said, noting that many shoppers started earlier because a late Thanksgiving […]
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]]>Spending on jewelry for Mother’s Day in the US is set to hit $7bn this year, accounting for around a fifth of all gifts, by value. That’s down around 11 per cent on a record high of $7.8bn in 2023, according to the newly-released annual consumer survey by the National Retail Federation (NRF) and Prosper Insights & […]
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]]>Mother’s Day is just around the corner, and according to the National Retail Federation (NRF) and Prosper Insights & Analytics, consumers are planning to spend a record-breaking $35.7 billion on gifts this year. This is nearly $4 billion more than last year’s record of $31.7 billion. Jewellery is one of the most popular gift categories, […]
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]]>Core retail sales as calculated by the National Retail Federation (NRF) rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains as consumers kept shopping despite high inflation, NRF said. “Retail sales grew in July, supported by declines in prices […]
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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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]]>The National Retail Federation (NRF) is calling on the Centers for Disease Control and Prevention to include the nation’s 32 million retail workers in its second round of vaccinations—known as the 1b phase—which has already begun in some states and is scheduled to begin in many others next week. “Retail is a fundamental part of […]
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]]>Sales of fine jewelry and fine watches continued to rise in November 2019, increasing 3 percent compared to November 2018, as seen in the graph below. This marks the fifth successive month of positive sales. If the results are down slightly over October – just 0.2 of a percent – it’s still evidence that there […]
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]]>Holiday retail sales grew 4.1 percent year-over-year to $730.2 billion, reported the National Retail Federation (NRF). This result is in line with the NRF’s October forecast that sales would rise between 3.8 percent and 4.2 percent for a total of between $727.9 billion and $730.7 billion. That forecast also called for online sales to increase […]
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]]>The National Retail Federation (NRF) of the USA, announcing the results of its consumer survey on shopping over the Thanksgiving weekend (Thursday November 28 to Monday December 2, 2019), said that a record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year. This translates to an increase of 14% over last […]
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]]>Standing alongside independent retailers, the Jewelers of America National Convention gathers industry pros to discuss government moves affecting stores. Jewelers of America (JA) is breaking ground with its first National Convention. A trade association dedicated to serving the fine jewelry marketplace, JA is at the forefront of conversations related to responsible business standards. Advocating for […]
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