Industry News

Holiday sales data.

Census Data Shows 2023 Holiday Sales Grew to Record $964.4 Billion

U.S. Census Bureau recently released data which shows that core retail sales during the 2023 holiday season grew 3.8% over 2022 to a record...
NRF Foundation Honors.

NRF Foundation Honors Raises Over $3 Million to Support Careers in Retail

The ninth annual NRF Foundation Honors took place Sunday night at the New York Marriott Marquis to celebrate industry leaders, award student scholarships and showcase retail...
2024 predictions for retailers.

Top 2024 Trends for Retailers

New year, new you, new business concepts.  As retailers ring in the new year by being on the lookout for the hottest products likely to...
Fiserv's Small Business Index.

Fiserv Releases Small Business Index

Yesterday, Fiserv, a global provider of payments and financial services technology solutions, launched the Fiserv Small Business Index. This measurement tool assesses the health...
Consumer spending.

Consumer Spending Expected to Slow in 2024

Consumers spent more than expected amid high inflation and high interest rates during 2023, but spending growth is likely to slow in 2024, National...
Social media influencer.

New Consumer Survey Shows Changed Attitude Toward Influencers

Enterprise CMS Storyblok surveyed 1,000 consumers, revealing that blanket influencer or celebrity endorsements for products could actually harm sales. An analysis of the attitude consumers...
consumer

New Research Finds Consumer Prefer to Pay With Points

Engage People, a loyalty network that enables program members to pay with points directly at checkout, commissioned a new survey from The Wise Marketer...
Cyberattacks prove problematic for retail sales.

Cyberattacks Wreaking Havok on Holiday Sales

As the festive season unfolds and holiday shopping takes center stage, navigating the digital landscape with caution becomes imperative. Since 2020, the retail sector...
Holiday retail sales are increasing.

CNBC/NRF Retail Monitor Shows Strong Retail Sales Gain for First Half of Holiday Season

The holiday shopping season got off to a good start in November as retail sales showed strong gains, according to the CNBC/NRF Retail Monitor...
The economy has seen 'vigorous growth.'

NRF Economist Says 2023 Economy Has Seen ‘Vigorous Growth’

After a year of challenges, the economy has proven to be healthy even as it continues to slow, National Retail Federation (NRF) Chief Economist...