NRF 2023 Annual Retail Sales Forecast FAQ

Key findings from the NRF 'State of Retail & the Consumer' 2023

The National Retail Federation 2023 forecast anticipates moderate retail sales growth between 4 and 6 percent. This year follows three-consecutive years of ...

NRF Trims Retail Sales Forecast After Soft First Half - WWD

NRF calculated that sales grew 2.9 percent during the first half of this year and should grow at least 3.9 percent during the second half. The ...

Retail Dive: Retail News and Trends

Retailers are likely to lean on discounts to drive sales as consumers continue feeling the pressure of inflation, according to an S&P Global Ratings report.

NRF 2023: Retail's Big Show: The Ultimate Guide - Vendelux

NRF 2023: Retail's Big Show is one of the retail industry's most important events. Over three days, educational programming, a standout Expo, ...

New Forecast From The NRF Predicts Retail Sales To Reach $5.3 ...

While NRF expects growth to moderate in the year ahead, it will remain positive as retail sales stabilize. The 2023 figure compares with 7% ...

Retail Sales to Grow 4-6% in 2023

The 2023 forecast is above the pre-pandemic, average annual retail sales growth rate of 3.6%. · Non-store and online sales, which are included in ...

US Holiday Retail Sales Will Reach $969 Billion In 2023 - Forrester

US retail sales will continue their growth trajectory during the 2023 holiday season. That's in spite of challenges such as diminishing pandemic-related excess ...

NRF Projects Solid Retail Sales Growth for 2023 - Franchising.com

The National Retail Federation forecasts retail sales could grow as much as 6% in 2023.

NRF's 2023 retail sales forecast calls for growth mixed with challenges

In its forecast, NRF is calling for 2023 retail sales to see an annual increase between 4%-to-6%, coming in between $5.13 trillion-to-$5.23 ...

Holiday sales forecast to grow between 3% and 4%: NRF | Retail Dive

Though holiday sales are expected to grow this year, that growth is more modest than last year. In 2022, the NRF predicted that retail sales in ...

Top attendee questions (and answers) from NRF's 2023 State ... - NRF

At the top of the program, NRF Chief Economist Jack Kleinhenz announced the National Retail Federation's annual forecast anticipating that ...

Wheeling and dealing: Auto sales drive US retail gains - WSBT

Retail purchases rose 0.4% from September to October, which was a decline from the previous month of 0.8% but still a solid gain. The figures ...

NRF: Retail sales increased again in September - DC Velocity

... year over year. NRF is now forecasting that 2024 holiday sales will increase between 2.5% and 3.5% over the same time last year. Don't Miss ...

NRF 2023 holiday sales forecast - CNBC

The major trade group expects sales in November and December to rise by 3% to 4% year over year. That would translate to between $957.3 billion and $966.6 ...

What Is Retail Shrink? How To Identify and Prevention Tips - Shopify

And it's on the rise: according to 48.5% of retailers, employee theft was a more pressing issue in 2023 than the year prior. ... retail sales; it ...

After hitting an all-time high, returns dropped in 2023 thanks to new ...

... retailers, according to the National Retail Federation and Appriss Retail annual report. ... retail sales. And in 2019, that number was ...

Finally, a breath of fresh air for retail, based on annual forecast by ...

First and foremost, NRF predicted that retail sales will grow between 4% and 6% in 2023, with retail sales reaching between $5.13 trillion and $5.23 trillion ...

Stop worrying about inflation. The NRF is cautiously optimistic about ...

WASHINGTON – The National Retail Federation predicts that retail sales will grow between 4% and 6% in 2023 with retail sales reaching between ...

Slight Increase in Holiday Retail Sales Expected This Year | CBRE

Year-over-year retail sales in the Q4 holiday period are expected to increase by just 3% this year compared with the 7.5% jump in 2022 and 14.6% ...

US Holiday Cheer Continues Despite Economic Hiccups: NRF

The NRF's forecast, released on 15th October, predicts a 2.5% to 3.5% increase in holiday sales compared to the previous year. This ...