” NRF President and CEO Matthew Shay said. “Continued easing of inflation and the overall strength of the job market and wages are keeping the fundamentals of the consumer economy strong and should support their ability to spend on household priorities through 2023. Retailers recogn...
In 2023, China’s total retail sales of consumer goods grew by 7.2 percent to reach 47,149.5 billion yuan, hitting a record high. Grouped by consumption patterns, the retail sales of commodities were 41,860.5 billion yuan, up by 5.8 percent, and the income of catering industry was 5,289.0...
In late 2023, Insider Intelligence predicted that nearly 85% of future US retail sales will take place in-store, with retail customers motivated by product availability, the ease of product discovery, and in-person access to knowledgeable staff....
according to Second Measure, and its loyalty program also doubled in size, reaching 14.5 million members. Claire’s has filed for an IPO, which will likely take place in 2023.
Published Feb. 6, 2023 ByMaya Rollings post share post print email Permission granted by Square
For immediate release March 28, 2023WASHINGTON – The National Retail Federation today issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year. ...
On January 8th, the data from Euromonitor International, a world's authoritative research institution, showed that Haier ranked first in global retail sales of large home appliances in 2023, which was Haier's 15th time to be the world’s No.1! Besides, Haier refrigerators, washing machines, ...
China has become the world's largest online retail market for 12 consecutive years, with online retail sales reaching 15.5 trillion yuan (about $2.16 trillion) in 2024, the Ministry of Commerce said Friday. China's wholesale and retail industries have made steady progress driven by various polici...
While there could be some slippage in retail sales for the month of May, "I don't expect it to be a steep fall," Baumohl said. James Paulsen, chief investment strategist of The Leuthold Group, a U.S. investment research firm, told Xinhua: "I think the consumer is really strong." ...
According to the data monitored by the Ministry of Commerce, during the Spring Festival, China reported a year-on-year increase of 9.0%, 6.0%, 4.4% and 3.6% in the sales of grain, oil and food, clothing, gold, silver and jewelry, and automobile. ...