Mass Relators

MAY 16, 2023

Retail sales rebounded in April, reflecting consumer resilience in the face of elevated economic uncertainty,” NRF President and CEO Matthew Shay said. Moderating price levels, continued labor market strength and wage gains have increased consumers’ ability to spend. Health and personal care stores were up 0.9%

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Mass Relators

FEBRUARY 15, 2023

“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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Mass Relators

FEBRUARY 12, 2024

More importantly, year-over-year growth was solid, showing consumers are still optimistic and willing to act on the spending power brought by growing employment and wages. Grocery and beverage stores were down 0.2% General merchandise stores were down 0.64% month over month seasonally adjusted but up 1.14% year over year unadjusted.

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Mass Relators

JUNE 15, 2022

WASHINGTON – Retail sales slowed in May as consumers faced continuing inflation and higher prices for essentials like food and gasoline, the National Retail Federation said Wednesday. Furniture and home furnishings stores were down 0.9% Sporting goods stores were up 0.4% General merchandise stores were up 0.1%

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Mass Relators

JULY 18, 2023

“June retail sales confirm that while the economy may be cooling, consumers remain on solid footing and are spending on household priorities,” NRF president and CEO Matthew Shay said. Jobs aren’t growing as fast as they were, but employment is by no means in a slump, and if consumers have jobs, they have the willingness to spend.

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Mass Relators

JUNE 15, 2023

WASHINGTON – Retail sales rose again in May as consumers continued to spend despite economic challenges, the National Retail Federation said on Thursday. Consumers continued to spend on household priorities in May, supported by gains in the job market and wages,” NRF President and CEO Matthew Shay said.

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Mass Relators

JANUARY 14, 2022

“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. Sporting goods stores, up 20.9%. General merchandise stores, up 15.2%.

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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, 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. Grocery and beverage stores were down 0.1% Sporting goods stores were up 0.2%

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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

DECEMBER 15, 2021

Despite economic headwinds, November retail sales data confirms that consumers continue to spend, as demonstrated by a 14% increase in sales year-over-year,” NRF president and CEO Matthew Shay said. “We We expect demand will remain strong through December, even though consumers started holiday shopping earlier than ever this year.

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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. Electronics and appliance stores were up 3.8%

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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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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. Building materials and garden supply stores were down 2.5% Sporting goods stores were down 0.6%

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Mass Relators

MAY 14, 2021

Consumers are demonstrating that when they feel safe, they are both willing and able to spend and are driving the economy forward. The economy and consumer spending have proven to be much more resilient than many feared a year ago,” NRF Chief Economist Jack Kleinhenz said. Furniture and home furnishings stores were down 0.7%

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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

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. Despite all that, consumers ramped up spending even after a record-breaking holiday season.”. Grocery and beverage stores were up 1.1%

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Mass Relators

APRIL 15, 2021

WASHINGTON – Retail sales rebounded with huge gains in March as government checks fattened consumers’ bank accounts and more vaccination against COVID-19 made it easier for shoppers to get out of the house and lead the acceleration of the U.S. Specifics from key retail sectors include: Clothing and clothing accessory stores were up 18.3%

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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. Online and other non-store sales were up 1.2%

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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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Retail Geek

AUGUST 20, 2021

Isn’t that much different than the the bigger store formats we’ve already seen Amazon starting to experiment with so I guess I’m just saying. Even though they generally got a covid boost so. That that is pretty interesting and then the thing that I most look at specifically related to covid is.

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