Posts Tagged ‘National Retail Federation’

NRF downgrades retail sales forecast after sluggish start to 2014

WASHINGTON — The National Retail Federation has lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF forecasted in January that retail sales would grow 4.1 percent in 2014 over 2013, […] [...]

NRF: Retail sales increased nationwide in most categories

WASHINGTON — Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation, March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month and 1.6 percent unadjusted year-over-year. NRF president and CEO Matthew Shay said, “Retail sales increased in most categories and sectors as […] [...]

February retail sales up despite frigid weather

WASHINGTON — American consumers powered through the winter weather, lifting retail sales in February. According to the National Retail Federation, retail sales, which exclude automobiles, gas stations and restaurants, increased 0.2 percent adjusted month-to-month and 2.3 percent unadjusted year-over-year. NRF president and CEO Matthew Shay said, “Retailers and consumers endured the harsh winter and they’re […] [...]

NRF: Winter weather puts freeze on retail sales

WASHINGTON — Consumers leveled off post-holiday shopping and spending in the beginning of the year due in part to severe winter weather in much of the country, according to the National Retail Federation. January retail sales, excluding automobiles, gas stations and restaurants, were flat seasonally adjusted month-to-month yet increased 3.0 percent unadjusted year-over-year. “Following a […] [...]

NRF optimistic about retail sales in 2014

WASHINGTON – The National Retail Federation has released its 2014 economic forecast, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 4.1 percent, up from the preliminary 3.7 percent growth seen in 2013. NRF also expects online sales in 2014 to grow between 9 and 12 percent. “Measured improvements in economic […] [...]

State task force examining potentials of Internet sales tax

JACKSON: A state task force is quietly taking a hard look at the pros and cons of forcing Internet retailers to comply with a Mississippi law that mandates they collect sales taxes on items they sell online to buyers in the state. A key question is whether taxing cyber sales is a true pot of […] [...]

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