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WASHINGTON – Core retail sales as calculated by the National Retail Federation rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains as consumers kept shopping despite high inflation, NRF said Wednesday. percent unadjusted year over year.
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.” billion and $960.4
Consumers were backed by strong wages and record savings and began their shopping earlier this year than ever before. Even though many consumers began shopping in October, this was the strongest November and December we’ve ever seen. Sporting goods stores, up 20.9 General merchandisestores, up 15.2 percent.
Consumers were backed by strong wages and record savings and began their shopping earlier this year than ever before. Even though many consumers began shopping in October, this was the strongest November and December we’ve ever seen. Sporting goods stores, up 20.9%. General merchandisestores, up 15.2%.
Retailers recognize the ongoing pressure on cost-sensitive consumers and are offering competitive pricing, a wide product mix and convenient shopping options to help stretch family budgets.” Sporting goods stores were up 0.3% Building materials and garden supply stores were up 2.2% General merchandisestores were up 0.4%
WASHINGTON – November retail sales were down from October, when inflation worries prompted a surge of early holiday shopping. Consumers have been shifting back to in-storeshopping for a more traditional holiday shopping experience, and we expect record participation for this year’s Super Saturday shopping weekend.”.
“Retailers understand the needs of consumers and have in place the people, processes, and technologies to meet consumers with the right inventory, competitive pricing and great experiences however consumers choose to shop.” Health and personal care stores were up 1.9% Furniture and homefurnishingsstores were up 4.4%
Back-to-class spending is one of the most important shopping occasions of the year, and NRF’s consumer research shows that back-to-school and college spending is expected to set new records. Health and personal care stores were up 0.1% Electronics and appliance stores were up 1.1% General merchandisestores were down 0.1%
Consumers are adapting and shopping smarter for themselves and their families. Clothing and clothing accessory stores were up 2.6% Furniture and homefurnishingsstores were up 0.7% General merchandisestores were up 5.4% month over month seasonally adjusted and up 7.5% unadjusted year over year.
Keep in mind that households tend to shop less during the post-holiday season. Sporting goods stores were up 0.2% General merchandisestores were down 3% month over month seasonally adjusted but up 2.9% Furniture and homefurnishingsstores were down 1.2% month over month seasonally adjusted and up 3.3%
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. Grocery and beverage stores were up 1.1% General merchandisestores were up 3.6% unadjusted year-over-year.
WASHINGTON – Early holiday shopping helped boost retail sales in October, the National Retail Federation said on Tuesday. Despite significant challenges including supply chain issues, labor shortages, rising inflation and OSHA’s impending employer vaccine mandate, retailers are continuing to safely serve consumers online and in stores.
“We expect demand will remain strong through December, even though consumers started holiday shopping earlier than ever this year. Consumers continued spending in November, building on momentum from strong early holiday shopping in October and setting the stage for a bright holiday season,” NRF chief economist Jack Kleinhenz said.
“Today’s data confirms reports that people are going out and spending and that in-store traffic has picked up,” NRF chief economist Jack Kleinhenz said. After a disappointing February, there was a perfect alignment of factors supporting a surge in shopping in March. Sporting goods stores were up 23.5% unadjusted year-over-year.
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