The National Retail Federation (NRF) expects retail sales to grow between 2.5% and 3.5% in 2024. That forecast is in line with the 2023 annual sales growth...
Consumers are growing more hesitant to spend following a long stretch of looser spending. That’s according to a Saturday (March 16) report by the Financial...
New orders for manufactured durable goods declined by 6.1% in January. Orders dropped by $18 billion to $276.7 billion during the month, the U.S. Census...
As consumers look ahead to the rest of the year, many are not as concerned about retail inflation as they once were. By the Numbers...
The questions swirling amid the January sales slump boils down to these: Is it the pause that refreshes — as consumers essentially take a breath,...
Headed into the new year, consumers are confident about the economy, and about overall trends in inflation. As reported by the University of Michigan’s survey of...
Inflation’s been the main concern for merchants and consumers through the past few years. But as PYMNTS Intelligence data shows, inflation’s impact on retail, in...
American retailers had a happy holiday, according to new National Retail Federation (NRF) data. Retail sales — excluding automobiles and gasoline — rose 0.44% seasonally adjusted month over...
Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These...