Retail dollar sales of toys experienced a decline of 1 percent when compared to 2012, according to 2013 year-end retail sales data compiled by The NPD Group.
Spending has leveled off in the beginning of the year due in part to severe winter weather in much of the country.
The National Retail Federation anticipates “continued, measured growth” in retail sales this year, as much of the issues that caused volatility in 2013 have been resolved.
On the heels of a healthy yet reserved holiday shopping season, consumers aren’t quite ready to splurge on Valentine’s Day this year.
With Super Bowl XLVIII expected to draw an estimated 181 million viewers, the NRF predicts that total spending for the event will top $12.3 billion.
This year’s annual NRF conference and expo, held earlier this week in New York City, heavily focused on omni-channel retailing, customer engagement and data mining.
Apple released its list of the top apps of 2013 Tuesday, with many games that feature attached licensing programs making the list.
Nearly half (49.9 percent) of holiday shoppers plan to do the remainder of their holiday shopping online.
The shortened holiday shopping season drove consumer spending in November, according to the National Retail Federation.
U.S. consumers plan to spend more this holiday season, but will seek out better deals.
Cold weather and the continued influence of payroll tax hikes caused a dip in March retail sales from February.
Adobe predicts that 2013 will be one of the most exciting growth years in online Christmas shopping annual Online Shopping Forecast.
Total spending this Mother’s Day is expected to reach $20.7 billion.
More than 50 percent of holiday shoppers have already begun their search and more consumers than ever before will turn to gift cards this year.
Retail sales increased in April following strengthening employment data and increasing housing prices.
IBISWorld is forecasting a slight increase in Thanksgiving and holiday gift spending this year.
Mobile, social media and brand licensing were among key retail trends discussed at the annual Global Retailing Conference.
Classic toys like LEGO and Barbie are still at the top of children’s wish lists this year, but non-traditional items are also in demand.
Americans will spend a little bit more on dad this year, with the average person planning to shell out $119.84.
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