NRF FORECASTS RETAIL SALES WILL INCREASE THIS YEAR
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RETAIL IMPORTS UP AS HOLIDAY SHOPPING CONTINUES
Imports at the nation’s major retail container ports are expected to be up 3.2 percent this month over the same time last year as stores bring in the last of the merchandise for the holiday season.
Read MoreROBUST DEALS AND PROMOTIONS RESULTS IN STRONG WEEKEND FOR RETAILERS
More than 154 million consumers shopped over Thanksgiving weekend, up from 151 million shoppers in 2015.
Read MoreRETAILERS TO PREPARE FOR POST-ELECTION HOLIDAY SHOPPING
With the election falling in the middle of holiday shopping, as of mid-October many U.S. consumers say they will have a more conservative holiday spending budget this year.
Read MoreRETAIL SALES EXPECTED TO INCREASE 3.6 PERCENT THIS HOLIDAY SEASON
The National Retail Federation announced today it expects sales in November and December to increase a solid 3.6 percent to $655.8 billion — significantly higher than the 10-year average.
Read MoreCARD INDUSTRY DELAYS CONTINUE TO SLOW CHIP CARD TRANSITION
A recent NRF survey of members found that 86 percent of retailers plan to have the new Europay MasterCard Visa chip card technology fully implemented by the end of 2016.
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