Keyword: National Retail Federation
Consumers will spend an expected $23.1 billion this year on gifts for Mother's Day.
The NRF issued a statement in response to President Trump's new tariffs on steel and aluminum, denouncing the tariff as a "wound on the nation's economy."
Although jobs often dip after the holidays, 11,100 retail positions were created in January 2018.
Major retail container ports grew 7% in 2017. The growth signifies an increase in sales for the year, including a strong end with the holiday season.
The number of employees in retail declined by 18,000 in the aftermath of hurricanes Irma and Maria, says the National Retail Federation (NRF).
The highest retail sales in September were seen in the area of building supplies, up 7.7% year over year.
As eBags continues toward the holiday season, the e-commerce site is making its mark as a mobile-first marketplace.
Alfred Angelo shutters stores with no notice, the NRF says border tax would cost retail jobs, plus more need-to-know news from the world of retail.
Traffic outpaced 2015 as 154 million shoppers made purchases both online and in-store over Black Friday weekend.
The National Retail Federation is predicting 137.4 million U.S. shoppers will hit brick-and-mortar or online stores over the four days of Black Friday weekend.