News

NRF Economist Says Holiday Shopping Could Beat Forecast Despite Inflation and COVID-19


WASHINGTON – The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said. Kleinhenz’s remarks came in the December issue of NRF’s Monthly Economic Review, which said holiday retail sales during November and December could now grow as much as 11.5 percent over the same period in 2020. That would exceed NRF’s forecast that holiday sales would be up between 8.5 percent and 10.5 percent. | More Information

New Polling Confirms Americans’ Widespread Support for Second Amendment

December 14, 2021


New polling confirms Americans are increasingly rejecting gun control calls amidst circumstances that have left them feeling exposed to danger and unsafe in their communities. Americans, by the millions, have turned those anxieties into empowerment by purchasing a firearm, exercising their Second Amendment right for protection and rejecting gun control politicians and their schemes. Two recent polls show the shift. Gallup pins American support for more gun control at a tick above 50 percent, the lowest mark since 2014. At the same time, Quinnipiac polling pegged the number even lower, showing just 45 percent support stricter gun laws – a drop of nine points since April this year. | More Information

Nearly 180 Million Shop Over Thanksgiving Holiday Weekend

December 14, 2021


Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. In total, 179.8 million unique shoppers made in-store and online purchases during the holiday weekend, exceeding NRF’s initial expectations by over 21 million. The figure compares with 186.4 million shoppers in 2020 and is in line with the average of the last four years. | More Information

Fishing Tackle Retailer - Market Insights: Where do we go from here?

December 1, 2021

As 2021 draws to a close, now is a good time to reflect on the radical changes that the sportfishing industry has witnessed over the past couple of years. 2020 brought a global pandemic, which created innumerable challenges but also unprecedented growth in the sport of recreational fishing. License sales data provided to Southwick Associates indicate that fishing participation was up more than 13% nationally in 2020 versus 2019. Additionally, Southwick Associates estimates that fishing equipment sales grew by nearly 55% overall in 2020. We know that fishing attracted millions of new participants during the pandemic, and that experienced anglers spent more time on the water than ever before. There’s also a lot of evidence that these trends have carried on well into 2021. | More Information

Thanksgiving Weekend to See More Holiday Shoppers than Last Year- And Consumers Already Have a Head Start

November 29, 2021


Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday this year even as consumers have continued the trend of starting their holiday shopping earlier in the year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. Fully two-thirds (66 percent) of holiday shoppers surveyed in early November plan to shop Thanksgiving weekend this year. That amounts to an estimated 158.3 million people, up from 156.6 million last year but still below the 165.3 million in pre-pandemic 2019. | More Information

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