After 11 years on top, Disney's Frozen has beat out Barbie as the top girls' toy brand this holiday season, according to the National Retail Federation.
Shoppers are taking their time in hopes of deeper discounts over the Thanksgiving weekend and late in the season, according to National Retail Federation.
The average person celebrating Christmas, Kwanza and/or Hanukah this year will spend $804.42, up nearly 5 percent over last year’s actual $767.27.
August retail sales increased 2.7 percent unadjusted year-over-year, according to the National Retail Federation.
Some families have only scratched the surface of their back-to-school shopping lists as of mid-August, according to the National Retail Federation.
The National Retail Federation has lowered its retail sales forecast for 2014, but expects sales to grow significantly faster over the next five months.
Families will spend slightly more on back-to-school items than last year, according to the National Retail Federation’s 2014 Back-to-School survey.
The National Retail Federation estimates that food sales will reach $6.2 billion ($68.16 per household) this Independence Day.
As the retail sector continues to evolve, brand licensors have to keep abreast of retail trends in order to maximize all opportunities.
Despite nicer spring weather, consumers tempered their spending in the month of April, according to the National Retail Federation.
Nearly half (49.9 percent) of holiday shoppers plan to do the remainder of their holiday shopping online.
The National Retail Federation will honor Costco co-founder and board member Jim Sinegal with the Gold Medal Award at its annual conference next week.
Combined holiday sales in November and December increased 3.8 percent year-over-year to $601.8 billion, according to the NRF.
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.
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.
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