NRF - PioneerNewz

NRF Forecasts Modest 2024 Holiday Sales Gains

October 15, 2024 by James De Niro

The National Retail Federation predicts that 2024 holiday spending in the U.S. will grow 2.5 to 3.5 percent over the 2023 season, to between $980 billion and $990 billion. NRF‘s conservative forecast is consistent with the plethora of previous forecasts for the season issued by researchers and experts across the industry, mostly for mid-to-low-single-digit gains. … Read more

AI Dominates NRF Big Show

January 17, 2024 by James De Niro

Looks like it’s time to make the check-out process frictionless and easier. As retailers such as Wegmans, Walmart and Costco are rethinking self-checkout, new research commissioned by Avery Dennison showed “an inflection point in consumers’ shopping behavior,” with 37 percent of respondents polled in the U.S. and the U.K. saying “they would switch to a … Read more