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 MoreNEW NRF SURVEY PROJECTS INCREASE IN HOLIDAY SPENDING AND ONLINE S...
According to the National Retail Federation’s Holiday Consumer Spending Survey consumers celebrating Christmas, Hanukkah and/or Kwanzaa will spend an average of $805.65 this holiday season.
Read MoreWORLD RETAIL CONGRESS ANNOUNCES U.S. ADVISORY BOARD & SPEAKE...
The world’s biggest gathering of global retail executives takes place in Rome next month.
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