Mass Relators

JANUARY 18, 2023

Consumers shopped in record numbers and retailers delivered positive holiday experiences to inflation-wary consumers, offering great products at more promotional price levels to fit their stretched budgets. The bottom line is that consumers are still engaged and shopping despite everything happening around them.”

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Mass Relators

APRIL 14, 2022

WASHINGTON – Consumers continued to spend in March despite price hikes driven by a four-decade high in inflation, according to economic data released today. The latest Consumer Price Index showed an 8.5% Consumers are adapting and shopping smarter for themselves and their families. General merchandise stores were up 5.4%

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Mass Relators

APRIL 14, 2023

“Continued easing of inflation and the overall strength of the job market and wages are keeping the fundamentals of the consumer economy strong and should support their ability to spend on household priorities through 2023. In addition, tax refunds typically contribute to spending at this time of year but are smaller this year than last.

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Mass Relators

JANUARY 14, 2022

billion in online and other non-store sales (up 11.3%) but excludes sales at automobile dealers, gasoline stations and restaurants, set a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic. “We Sporting goods stores, up 20.9%. General merchandise stores, up 15.2%.

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VMS

JANUARY 14, 2022

The number includes online and other non-store sales, which were up 11.3 percent at $218.9 We closed out the year with outstanding annual retail sales and a record holiday season, which is a clear testament to the power of the consumer and the ingenuity of retailers and their workers,” NRF President and CEO Matthew Shay said.

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Mass Relators

DECEMBER 15, 2022

Consumers continued to spend on household priorities and holiday gifts for loved ones this November despite continued inflation and rising interest rates,” NRF President and CEO Matthew Shay said on Thursday. Sporting goods stores were down 0.6% General merchandise stores were down 0.1% from October but up 6.5%

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Mass Relators

FEBRUARY 16, 2022

WASHINGTON – The omicron variant, inflation and bad weather in much of the country were not enough to stop consumers from shopping in January, the National Retail Federation reported on Wednesday. On top of that, the enhanced child care tax credit ceased at the end of 2021, impacting millions of families. unadjusted year-over-year.

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Mass Relators

MARCH 16, 2022

Retail sales data continues to show impressive consumer resilience,” NRF president and CEO Matthew Shay said. Despite all that’s been thrown at them including inflation, supply chain constraints, market volatility and significant geopolitical events, consumers remain able and willing to spend. Sporting goods stores were up 1.7%

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Mass Relators

NOVEMBER 16, 2021

“Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” NRF President and CEO Matthew Shay said. Today’s numbers show that consumers are getting a jump on their holiday shopping. over the same period in 2020. over 2020 to between $4.44

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Mass Relators

DECEMBER 15, 2021

WASHINGTON – Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19, the National Retail Federation said Wednesday. Even at the low end of the range, both the amount spent and the growth rate would set new records.

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Mass Relators

JULY 16, 2021

Many economists had expected retail sales to fall again in June as consumers took advantage of a reopening economy to spend more on services. Continued growth in June retail sales shows enduring strength in the American consumer,” NRF President and CEO Matthew Shay said. Electronics and appliance stores were up 3.3%

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Mass Relators

JUNE 15, 2021

While there are downside risks related to labor shortages, supply chain bottlenecks, tax increases and over-regulation, overall, households are healthier, and consumers are demonstrating their ability and willingness to spend. There is still pent-up demand for retail goods and consumers are likely to remain on a growth path into the summer.”.

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Mass Relators

SEPTEMBER 15, 2022

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.

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