The economy's late - 2017 strength was driven by better - than -
expected holiday retail sales.
Not exact matches
That weeks - long stretch brings in between 30 to 40 percent of all annual
retail sales, the NRF states, and this year
holiday retail sales are
expected to surge between 3 - 4 percent, up from $ 655.8 billion last year.
Retailers» days could be especially bright this
holiday season, as online
sales are
expected to hit $ 100 billion for the first time ever, Adobe Chairman, President and CEO Shantanu Narayen told CNBC.
We know
retail ecommerce is
expected to be strong — eMarketer estimates the core
holiday November - through - December period will continue its multi-year trend of double - digit growth to bring $ 79.4 billion in
sales, an increase of 13.9 percent from the same time in 2014.
U.S.
retail sales are
expected to have rebounded a bit, increasing 0.1 % last month, after dipping by 0.1 % in December during a disappointing
holiday shopping season.
That's because
retail broadly had a weaker - than -
expected holiday season and there were also delayed tax refunds in North America, further pressuring
sales.
And it has been paying off: Walmart U.S., a
retailer with some $ 308 billion a year in
sales, reported comparable
sales rose 1.8 % during the
holiday season quarter, above the 1.3 % Wall Street was
expecting, according to Consensus Metrix.
And the NRF itself said it still
expects retail sales for the whole season to be up 4.1 %, despite the poor
holiday weekend showing.
In fact, the National
Retail Federation
expects holiday sales to increase by only 3.7 percent, which is down from last year's 4.1 percent growth.
«With several months of solid
retail sales behind us, we're heading into the all - important
holiday season fully
expecting to see healthy growth,» said NRF President and CEO Matthew Shay.
The more closely watched National
Retail Federation forecast for
holiday sales is
expected in early October.
A former Fed chairman weighs in on the debate on a 2 percent inflation target, and
holiday retail sales numbers are
expected to be strong.
The
holiday selling season is right around the corner, and despite increased competition from large
retailers and a shorter period between Thanksgiving and Christmas, record - breaking ecommerce
sales are
expected for small and medium
retailers.
4.1 % —
Expected amount of increased
holiday sales in the United States in 2012 over last year, according to the National
Retail Federation.
Further, Weiner said that the Nook could be Android's «pre-emptive shot at Apple,» which is
expected to announced a tablet computer in the first quarter next year, too late for 2009
holiday retail sales.
For pet
retailers that can accomplish these goals, even fourth - quarter
sales that prove flat or a tick lower than
expected will not keep this from being a happy
holiday.
«
Retailers should
expect holiday spending to be modestly stronger compared to last year barring any number of external events that could negatively impact
sales such as poor weather or geopolitical events at home or abroad.»
«Although Star Wars Battlefront II had a weaker - than -
expected debut in terms of its domestic physical sell - through, we believe that the loyalty of the Star Wars fan base, the game's appeal as a
holiday gift, and the release of Star Wars: The Last Jedi on December 15 will result in
sales of the game bouncing back in the December
retail month», he added.
In the US alone,
holiday retail sales this year are
expected to reach more than US$ 680 billion.
Apple is further
expected to see an increase in MacBook shipments in Q4 2017 due to the
holiday season and
retailers offering huge discounts on popular MacBook models to further boost
sales.
E-commerce
sales are
expected to swell by 18 percent to 21 percent during the
holiday season, the National
Retail Federation estimates.
For its part, the NRF
expects retail sales to be up 3.6 percent to 4.0 percent for the
holiday season, according to Mark Matthews, NRF's vice president of research development and industry analysis.
The National
Retail Federation (NRF)
expects 2017
holiday sales in November and December to increase between 3.6 percent and 4.0 percent for total
sales of $ 678.75 billion to $ 682 billion.
That's due to the looming «fiscal cliff», increased
retail sales during the
holidays, and higher - than -
expected numbers of new - home construction across the country.
The
retail industry
expects the 2013
holiday shopping season to be a modest success, even though same - store
sales growth will be subdued due to recent macro events...
The unfavorable outlook on
retail properties will likely get worse in early 2009, when the dismal
holiday sales season is
expected to bring about a dramatic number of new bankruptcies and store closings.
The National
Retail Federation
expects luxury stores and department stores to see relatively healthy
sales results this
holiday season, according to Reuters.