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Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. Eighty-one percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.

Overall retail sales dipped slightly in February, but core spending rose, NRF said.

The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French in response to President Biden’s proposed budget for fiscal year 2024.  

The National Retail Federation today released its annual list of the Top 50 Global Retailers, conducted by Kantar. The 2023 Top 50 Global Retailers ranks the most impactful retailers worldwide based on their operations at the beginning of 2022.

Import cargo volume at the nation’s major container ports is expected to begin slowly climbing again this month after February saw one of the lowest levels since the beginning of the pandemic, according to the Global Port Tracker report released by NRF and Hackett Associates.

The NRF Foundation is creating greater awareness of its new Bright Futures Scholarship that provides financial assistance for undergraduates from across the country to attend its annual NRF Foundation Student Program in New York City.

Retail sales bounced back strongly in January as inflation eased and income grew, NRF said.

The National Retail Federation today sent a letter from Senior Vice President of Government Relations David French to U.S. Senators Dick Durbin, D-Ill., and Lindsey Graham, R-S.C., in support of their reintroduction of legislation to protect the Deferred Action for Childhood Arrivals (DACA) program.

The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French after the Combating Organized Retail Crime Act of 2023 was introduced in the U.S. House.

Import cargo volume at the nation’s major container ports is expected to drop to nearly its lowest level since the beginning of the pandemic this month, according to the Global Port Tracker report released by NRF and Hackett Associates.