Weather, Deflation Cause Holiday Retail Sales to Miss

Washington—While the National Retail Federation today announced that holiday sales had “solid growth” the 3% increase ($626.1 billion) failed to meet the NRF’s projection for 3.7% growth. Non-store (online) holiday sales grew 9% to $105 billion. According to the National Retail Federation, December retail sales, which exclude automobiles, gas stations and restaurants, decreased 0.2% seasonally adjusted from […]

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Walmart to Close Nearly 300 Stores; 16,000 Jobs Up in the Air

Bentonville, AR—Walmart today revealed it plans to close 269 stores internationally (154 in the USA) and end its smallest store format. As a result, the restructuring will affect some 16,000 employees. Most of the affected stores in the United States are within 10 miles of another Walmart. The company said affected employees will receive priority […]

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Download Now: Fall/Winter 2016/17 Jewelry, Handbag Trend Reports

Click here to download the Jewelry Fall/Winter 2016/17 Report 2016 is barely out of the gate, but wise accessories companies are already putting together their Fall/Winter 2016-17 plans. Accessories Magazine’s Trend Forecasting Service is here to help. Starting today Fall/Winter 2016-17 handbag and jewelry reports are available for download. They are the ideal resources for […]

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100-Member Coalition Takes on Tackling Port Congestion

Washington–Following up on last fall’s successful campaign to include ports performance statistics program in the federal long-term surface transportation bill, NRF led a coalition of more than 100 groups in sending specific recommendations to the Department of Transportation on Thursday. “Having efficient, modern ports is important for the free flow of international trade, both imports […]

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