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| Mother's Day, Holidays & Seasonal
Mother’s Day spending hits record high at $25 billion in 2019, up from $23.1 billion in 2018.
| Economy, Retail Sales
Retail sales were up one percent in March seasonally adjusted from February and up 0.8 percent unadjusted year-over-year and exclude automobile dealers, gasoline stations and restaurants.
| Port Tracker, Trade, Supply Chain, Economy, Forecasts, Retail Sales
Retail imports are expected to total 1.75 million containers in April, up 6.9 percent from 2018 as merchants stock up for the busy summer season.
| Economy
Retail employment in March was down by 11,700 jobs from February and down 47,400 jobs year-over-year but the economy gained 196,000 jobs overall.
| Trade
The National Retail Federation sent a letter to Trump administration officials expressing concerns over ongoing threats to close the United States-Mexico border and outlining how a closure would hurt U.S. retailers, workers and consumers.
| Retail Sales, Economy, Consumer Trends
Retail sales were down 0.7 percent in February from January but up 2.7 percent year-over-year as delayed and revisions related to the government shutdown continued to make comparisons difficult.
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The National Retail Federation urged Congress to support bipartisan legislation introduced in the House that would fix a drafting error in the tax reform law that took effect in 2018. The error relating to depreciation rules is delaying millions of dollars in job-creating investments in stores and restaurants across the country.
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The National Retail Federation welcomed bipartisan legislation introduced in the Senate that would fix a drafting error in the tax reform law that took effect in 2018. The error relating to depreciation rules is delaying job-creating investments in stores and restaurants across the country.
| State of Retailing Online
As more consumers embrace multichannel shopping, retailers are diversifying their investments online and offline to meet customers’ needs, according to the annual State of Retailing Online study released by the National Retail Federation and Forrester.
| Retail Sales
Retail sales rebounded in January, increasing 1.3 percent seasonally adjusted from December and 3.6 percent unadjusted year-over-year, the National Retail Federation said. The numbers exclude automobile dealers, gasoline stations and restaurants.