Matthew Shay

Retail Sales Increased 0.6% in November

Holiday shoppers took advantage of deep discounting and early sales to lift retail spending in November, says the National Retail Federation. Not including automobiles, gasoline stations or restaurants, retail sales increased 0.6% seasonally-adjusted over October and 3.2% unadjusted over November 2013. Gains were consistent with NRF’s holiday sales forecast, which anticipates an increase of 4.1% over last year.

140 Million Shoppers Expected Thanksgiving Weekend

Shoppers at R.H. Macy's, Herald Square in New York City

Sixty-one percent of shoppers, about 140 million, say they will or may shop either Thursday, Friday, Saturday or Sunday during Thanksgiving weekend, according to the National Retail Federation's Thanksgiving Weekend Expectations survey, conducted by Prosper Insights & Analytics.

Retailers Boost Employment During 2013 Holiday Season

Retailers Boost Employment During 2013 Holiday Season

Retailers helped boost employment gains over the 2013 holiday season. More specifically, retail-industry job gains posted at 49,200 over November and 328,600 year-over-year, according to the National Retail Federation.

“The nation’s retailers continued to add to their payrolls in December even in the midst of the condensed holiday shopping season,” said NRF president and CEO Matthew Shay. “Retailers and merchants—especially those operating clothing and general-merchandise stores—increased hiring, which may indicate a solid holiday sales season.”

NRF Forecasts Modest Sales Gains This Holiday Season

NRF Forecasts Modest Sales Gains This Holiday Season

Sales in November and December are expected to increase 3.9% to $602.1 billion, according to the National Retail Federation. The forecast is over 2012’s actual 3.5% holiday season sales growth and higher than the 10-year average holiday-sales growth of 3.3%.

“Our forecast is a realistic look at where we are right now in this economy—balancing continued uncertainty in Washington and an economy that has been teetering on incremental growth for years,” says NRF president and CEO Matthew Shay.

How Consumers Plan to Pamper Mom This Mother’s Day

How Consumers Plan to Pamper Mom This Mother’s Day

May 12, Mother's Day, is almost here! Consumers will spend an average of $168.94 on mom this year, up 11% from last year’s $152.52, and total holiday spending is expected to reach $20.7 billion. That's according to the National Retail Federation's Mother’s Day spending survey conducted by BIGinsight.

NRF Debuts "This is Retail: Careers, Community, Innovation" Campaign

NRF Debuts "This is Retail: Careers, Community, Innovation" Campaign

The National Retail Federation has announced a new initiative to broaden and enhance perceptions of the retail industry beyond providing consumers with great products. Its "This is Retail: Careers, Community, Innovation" campaign will highlight the industry’s opportunities for lifelong careers, how retailers strengthen communities at home and abroad, and the critical role that retail plays in driving innovation.