Latest National Retail Federation News

FILE - In this Nov. 27, 2019, file photo Robin Hazal shops at a Kohl's ahead of Black Friday in Las Vegas. The nation's largest retail trade group said Thursday, Jan. 16, 2020, that holiday sales increased 4.1%, near the top end of its forecast. (AP Photo/John Locher)

Nation's largest retail trade group: holiday sales rose 4.1%

Jan. 16, 2020 12:32 PM EST

NEW YORK (AP) — The nation's largest retail trade group says holiday sales increased 4.1%, the top end of its forecast. The National Retail Federation had expected growth in a range of 3.8% to 4.2% for the November and December period. The growth is nearly double the 2.1% growth seen during the holiday...

FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. The average American consumer will have spent more than $1,000 on gifts this season, according to the National Retail Federation. And with six out of 10 Americans not having at least $1,000 in savings in the first place, that money for gifts have to come from somewhere, and that “somewhere” is typically a credit card or a personal loan. (AP Photo/Jenny Kane, File)

On the Money: Tackling credit card debt from the holidays

Dec. 31, 2019 12:10 PM EST

NEW YORK (AP) — The children are playing with their gifts, the new TV is up on the wall, and that puppy has a brand-new cashmere-lined bed, when another gift arrives in the mail. This one isn’t from Santa. It’s your statement from your friendly credit card company. They want to know how...

People shop at Macy's department store during Black Friday shopping, Friday Nov. 29, 2019, in New York. Black Friday shoppers fought for parking spots and traveled cross-state to their favorite malls, kicking off a shortened shopping season that intensified the mad scramble between Thanksgiving and Christmas. (AP Photo/Bebeto Matthews)

Head start on holiday deals tempers Black Friday frenzy

Nov. 29, 2019 5:03 PM EST

NEW YORK (AP) — Black Friday enthusiasts woke up before dawn and traveled cross-state to their favorite malls in search of hot deals, kicking off a shortened shopping season that intensified the scramble between Thanksgiving and Christmas. But the ever-growing popularity of online shopping and holiday...

Shoppers enter a Best Buy store for a Black Friday sale Thursday, Nov. 28, 2019, in Overland Park, Kan. (AP Photo/Charlie Riedel)

Shorter shopping season means a more intense scramble

Nov. 29, 2019 12:31 AM EST

NEW YORK (AP) — The mad scramble between Thanksgiving and Christmas just got six days shorter. Black Friday once again kicks off the start of the holiday shopping season. But with six fewer days than last year, it will be the shortest season since 2013 because Thanksgiving fell on the fourth Thursday in...