Entries tagged with: Holidays

Average American will spend more than $1,000 on holiday shopping

Consumers say they will spend an average of $1,007.24 during the holiday season this year, up 4.1 percent from the $967.13 they said they would spend last year, according to the annual survey released in late October by the National Retail Federation and Prosper Insights & Analytics. “The holidays are just around the corner and consumers are ready to shop,” NRF President and CEO Matthew Shay said. “Confidence is near an all-time high, unemployment is…  » Read more

Holiday spending expected to increase to $720 billion

The National Retail Federation announced that it expects holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — to increase between 4.3 and 4.8 percent over 2017 for a total of $717.45 billion to $720.89 billion. The forecast compares with an average annual increase of 3.9 percent over the past five years. “Our forecast reflects the overall strength of the industry,” NRF President and CEO Matthew Shay said. “Thanks to a healthy economy and strong consumer…  » Read more

Holiday shopping survey may offer some surprises

Natural Insight, a leading provider of a cloud-based advanced retail execution and workforce management platform, today released the findings of its annual “In-Store Holiday Shopping” survey. With the goal of getting an updated view into how consumers shop in-store during the holiday season, the survey, commissioned by Natural Insight, shows an increase in consumers planning to shop in-store and earlier in the season, as half of consumers intend to do the majority of their holiday shopping…  » Read more

Fourth of July spending expected to rise slightly this year

The average family will spend about the same on Independence Day cookouts and picnics this year as last, but with more Americans celebrating the holiday, total spending should be slightly higher, according to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics.
“Americans are ready to kick-start summer by enjoying Independence Day with family and friends,” NRF President and CEO Matthew Shay said. “Whether it’s low gas prices or just good weather, more…  » Read more