Jack Kleinhenz

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.

National Retail Federation Forecasts 3.4% Increase in Retail Sales for 2013

National Retail Federation Forecasts 3.4% Increase in Retail Sales for 2013

General retail-industry sales will increase 3.4%, according to the National Retail Federation’s recently released 2013 economic forecast. The projection follows the recent 3% growth seen in holiday sales, as well as the NRF’s preliminary projection of 4.2% growth seen in 2012.

Online sales are expected to grow between 9% and 12%—possibly just above the 11.1% growth seen in online sales this past November and December—according to Shop.org, NRF’s digital division.

NRF Expects Solid Growth This Holiday Season

The National Retail Federation has released its forecast for this year's holiday sales: an increase of 4.1%—higher than the 10-year average holiday-sales increase of 3.5%. “This is the most optimistic forecast NRF has released since the recession," says NRF president and CEO Matthew Shay. "In spite of the uncertainties that exist in our economy and among consumers, we believe we’ll see solid holiday-sales growth this year.