February retail sales inched up 0.3% seasonally adjusted over January and 4.4% year-over-year as the economy continued to grow, according to the National Retail Federation.
The National Retail Federation is calling for industry sales to grow between 3.8 and 4.4 percent this year.
The message was clear at the National Retail Federation’s annual “Big Show in New York: Retailers need to adopt disruptive technology if they want to remain relevant among digitally savvy shoppers.
Retailers’ deployments of new technology solutions were in the spotlight during the National Retail Federation’s annual “Big Show” in New York.
Recent findings from both Radial and the National Retail Federation show consumers have made low prices and free shipping table stakes for online retailers.
Luxury retail was the talk of the National Retail Federation's 2018 Big Show.
A record number of small businesses faced downsizing or closure throughout the end of 2017, as sluggish demand and rising operating costs batter the industry. According to a new survey published by the Federation of Small Businesses (FSB) 14 per cent of small businesses are now expecting to scale down or stop trading, with retailers among the least optimistic for the future of their business. READ MORE: Over 24,000 small businesses still waiting for rates relief A further 75 per cent have reported rising operating costs over the first three quarters of 2017, while the FSB’s confidence index dropped into negative territory for the second time in five years.
It's been a healthy start to the holiday, according to numbers from the U.S. Commerce Department and the National Retail Federation
The National Retail Federation estimates 16 percent of Americans plan to dress their pets up for Halloween.
Retailers could see a bump in sales this holiday season, according to the National Retail Federation's annual forecast.