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.
Retail sales beat estimates in February as consumers adjusted their spending in response to an increase in payroll taxes and higher gasoline prices.
U.S. consumers will spend more this holiday season, but plan to start early and seek out better deals.
Easter spending is expected to remain flat this year with total spending expected to reach an estimated $17.2 billion, according to the National Retail Federation.
The National Retail Federation’s figures indicate broad sales gains in most retail sectors in September.
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.
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