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NRF says retail sales picked up in January

Mass Relators

“Despite inflationary headwinds, January retail sales show the resiliency of consumers in how they manage their budgets and make decisions on how, when and where to spend their hard-earned dollars,” NRF President and CEO Matthew Shay said. Consumer spending clearly picked up after the holidays,” NRF Chief Economist Jack Kleinhenz said.

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August retail sales supported by job, wage gains

Mass Relators

WASHINGTON – Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices, the National Retail Federation said on Thursday. As we gear up for the holiday season, consumers are seeking value to make their dollars stretch.