NRF's forecast follows those from Deloitte and AlixPartners, which call for
holiday retail sales increasing between 3.8 and 4.5 percent, thanks to higher online spending and a tightening labor market.
Not exact matches
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.
Amazon may also be facing an
increased sales burden from Main Street
retail competitors lasting throughout the entire
holiday shopping season, with almost half of Amazon Prime members saying they'll spend more than 50 percent of their
holiday shopping dollars at small businesses, either online or in - store.
Retailers can
increase sales by promoting their products and holding special events that coincide with the tax
holiday.
Many analysts were unimpressed with the 1 %
increase considering Macy's dismal 2016 season which would make comparisons easier to beat, as well as the overall strong
holiday season for
retailers at large:
retail sales in the U.S. rose 4.9 % between Nov. 1 and December 24, their best result since, 2011, according to Mastercard SpendingPulse.
Nordstrom is among a list of
retailers, including Macy's, J.C. Penney and Kohl's, which reported strong
sales this
holiday season, boosted by
increased spending and greater consumer confidence.
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.
It has forecast that U.S.
retail sales may
increase 3.9 percent during the
holiday season.
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.
Stock market performance from mid-September to mid-December has historically had a high correlation with year - over-year
increases in
holiday retail sales.
The National
Retail Federation has estimated
sales for the 2017
holiday season could
increase between 3.6 % and 4 % versus 2016
sales — a solid number which is slightly above the post-crisis average of 3.4 %.
4.1 % — Expected amount of
increased holiday sales in the United States in 2012 over last year, according to the National
Retail Federation.
Although 2014 witnessed an overall
increase in jewelry
sales, 2014 was a disappointing
holiday season for
retailers.
That may be debatable but we all know how quick
retailers are to taking advantage of
increased sales brought on by
holiday shoppers.
That of the Washington, D.C. - based National
Retail Federation (NRF)-- probably the one most widely cited by the media — indicates that holiday retail sales were up 4 percent year - over-year, which is in line with NRF's pre-holiday predicition of a 4.1 percent inc
Retail Federation (NRF)-- probably the one most widely cited by the media — indicates that
holiday retail sales were up 4 percent year - over-year, which is in line with NRF's pre-holiday predicition of a 4.1 percent inc
retail sales were up 4 percent year - over-year, which is in line with NRF's pre-
holiday predicition of a 4.1 percent
increase.
The opportunity is ripe — the National
Retail Federation forecasts a 4.1 - percent
increase in
holiday sales over last year, outpacing the sluggish growth of the prior two years.
Meanwhile, PwC — an international accounting / consulting firm that deals in
retail and consumer analytics — reports that overall
holiday retail sales will
increase 10 percent.
Generating
sales like this, the Christmas
holiday season not only offers pet
retailers and manufacturers opportunities to
increase the bottom line but also to make their businesses stand out and help them become pet care leaders in their communities.
While most
retailers report a seasonal
sales increase during the busy fourth quarter, a changing economic landscape has shifted their strategy for the
holidays.
For many manufacturers and
retailers, the humanization trend spells out
increasing sales for
holiday pet items.
«The strong U.S. economy was a contributing factor, but we also have to recognize that
retailers who tried new strategies to engage
holiday shoppers were the beneficiaries of this
sales increase.»
That bodes well for
retailers — the National
Retail Federation predicted in October that
holiday shopping
sales will likely
increase by 3.6 percent in 2016.
Spending continued through the
holidays, as U.S.
retailers saw
holiday sales increase 4.9 % in 2017 versus 2016, marking the biggest annual gain since 2011, according to Mastercard SpendingPulse data.
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.
The huge
increase in purchases for the
holidays is certainly useful information to know for individuals seeking positions in
retail sales, event planning, and consumer marketing, among others jobs.
This
holiday shopping season seemed to be a decent one for the
retail sector, with the Thomson Reuters Same - Store
Sales Index posting a 2.4 percent
increase for December, above expectations.
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.
At the same time, the U.S. stock markets reached all - time highs over the last few months and
retail sales (dollars spent in stores, in restaurants and online) capped a strong year with 2017 holiday sales that increased more than 5.5 percent year over year, according to the National Retail Feder
retail sales (dollars spent in stores, in restaurants and online) capped a strong year with 2017
holiday sales that
increased more than 5.5 percent year over year, according to the National
Retail Feder
Retail Federation.
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.