Retail predictions for Halloween and Christmas
An industry group has released its predictions for retail spending through the upcoming holiday season. The National Retail Federation (NRF) is predicting a steady growth in sales through November and December. It defines the holiday season as Nov. 1 through Dec. 31, six days shorter than the 2023 holiday period. ABD sat in on a virtual briefing NRF provided for reporters on Tuesday. It included NRF President and CEO, Matthew Shay, and NRF Chief Economist, Jack Kleinhenz. NRF predicts winter holiday spending will increase between 2.5% and 3.5% over last