NRF RAISES 2016 RETAIL FORECAST
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AMERICANS TO SPEND $4.4 BILLION THIS ST. PATRICK’S DAY
According to NRF’s annual St. Patrick’s Day Spending Survey more than 125 million Americans plan to celebrate the Irish holiday and are expected to spend an average of $35.37 per person, an expected total of $4.4 billion.
Read MoreSALES INCREASED 3% TO $626.1 BILLION THIS HOLIDAY SEASON
Holiday sales in 2015 increased 3 percent to $626.1 billion according to the National Retail Federation – solid growth considering the unforeseen weather events across the country and an extreme deflationary retail environment.
Read MoreRETAILERS ESTIMATE HOLIDAY RETURN FRAUD WILL COST $2.2 BILLION
According to NRF’s latest Return Fraud Survey, retailers estimate that 3.5 percent of their holiday returns this year will be fraudulent, up slightly from the estimated 3 percent reported last year.
Read MoreRETAILERS TAKE EXTRA STEPS FOR FINAL WEEK OF HOLIDAY SHOPPING
As brick-and-mortar retailers prepare for the last few days of Christmas shopping many are going out of their way to accommodate customers.
Read MoreIT’S NOT ALL BAD NEWS FOR HOLIDAY SALES
The first half of the holiday season is officially under wraps and it appears holiday shoppers in November were out in full force, according to the National Retail Federation’s latest retail sales data.
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