News

September Retail Sales Grew as Delta Variant Favored Spending on Goods Over Services

November 1, 2021


Retail sales increased again in September as worries about the COVID-19 delta variant pushed consumer spending toward merchandise rather than services like dining, entertainment or travel despite supply chain disruptions and inflation, the National Retail Federation said today. | More Information

U.S. Shoppers to Show “Generosity of Spirit” This Holiday Season, Accenture Survey  Finds

October 26, 2021

 Americans are looking forward to the holiday season this year, with many planning to spend the same or more compared with last year and support charitable organizations and their local communities, according to the 15th Annual Holiday Shopping Survey from Accenture. Holiday spending is likely to rise this year, with U.S. consumers planning to spend $598 this holiday season, on average, compared with $539 last year. Most (71 percent) said they intend to spend as much or more than they did last year. | More Information

Retail Imports Remain High, but could be higher without Port Congestion

October 26, 2021


Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. | More Information

NSSF Releases 2021 Research Reports Providing Valuable Data for Firearm Retailers and Other Industry Businesses

October 20, 2021

 NSSF®, the trade association for the firearm industry, has announced a listing of industry research reports issued from January through August of this year that can help industry members, particularly firearm retailers, better understand buying trends across the nation and access data that can assist in developing marketing strategies. | More Information

Holiday Retail Sales Expected to Increase 7-9 Percent

October 20, 2021

Holiday retail sales are likely to increase between 7 percent and 9 percent in 2021, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail and distribution practice projects that holiday sales will total $1.28 to $1.3 trillion during November to January. Deloitte also forecasted that e-commerce sales would grow by 11 percent to 15 percent, year-over-year, during the 2021/22 holiday season. This will likely result in e-commerce holiday sales reaching between $210 billion and $218 billion. | More Information

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