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.
Warmer spring weather spurred continued consumer spending this March, according to the National Retail Federation.
Consumers will welcome the Easter Bunny with open arms this year with total spending on the holiday expected to reach $15.9 billion.
Walmart has maintained its No. 1 spot on Interbrand's 2014 Best Retail Brands list, while four other brands saw major increases.
American consumers powered through the winter weather lifting retail sales in February.
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.
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.
Positive retail sales numbers in the month of October point to a good holiday sales season ahead, according to the National Retail Federation.
Improved consumer confidence and spending helped drive retail sales in May, with a 5 percent increase from 2012.
More than 141 million unique shoppers went shopping Thanksgiving weekend, up from 139 million last year.
The NPD Group reports that consumers plan to start their back-to-school shopping later this year but intend to spend more, especially online.
Online sales on Cyber Monday increased by 16 percent year-over-year to $2.29 billion, according to the Adobe Digital Index.
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