Total back-to-school spending for children in K-12 and college combined is projected to reach $82.8 billion this year, down from $83.6 billion in 2017, according to the National Retail Federation’s annual survey, which was conducted with research partner Prosper Insights & Analytics. Here are the results from the survey and what it means for the back-to-school shopping season.
As wage stagnation eases, job growth continues and consumer confidence remains steady, the National Retail Federation is calling for 3.1% growth in retail industry spending, despite economic headwinds such as ongoing concerns about China, according to NRF President and CEO Matthew Shay.
Given growing customer expectations, more retailers are investing in new omnichannel capabilities, but room for improvement remains, a new report found.
A new report found that delivery and warehouse capacity issues continue to impact supply chain costs, with retail being one of the hardest hit sectors.
The West Coast port shutdown will continue through Monday as the two parties appear no closer to a resolution, as many call on President Obama to step in.
As the 2014 retail seasonal shipping peak roars to a close, the major carriers are seeing their numerous upgrades and investments put to the test.
The National Retail Federations reported a 0.6% increase in retail sales for the month of November, they say is aligned with their holiday forecast. See what else The NRF had to say about the holiday shopping season.