Tag: National Retail Federation

National Retail Federation Forecasts Surge in Holiday Spending, Luxury Brands Adjust Plans Amid Changing Consumer Landscape

Nov 25, 2023

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by

Jinely

in Finance, US News

This holiday season is anticipated to witness a surge in consumer spending, surpassing last year’s figures, as per the National Retail Federation (NRF). The National Retail Federation’s data reveals that U.S. consumers are poised to expend an average of $875 during this festive season, reflecting an increase of over $40 compared to the previous year…