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National Retail Federation

Retailers expect record breaking sales during back-to-school tax holiday

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The Florida Retail Federation expects Sunshine State stores to make a bundle during the back-to-school sales tax holiday in August. A survey conducted by FRF’s parent organization, the National Retail Federation, estimates U.S. retailers will pull in a total of $83.6 billion in revenue during the tax-free holidays in Florida and other states.

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Florida retailers expect record Father’s Day spending

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Florida retailers expect dads to be showered with gifts, with a record-setting Father’s Day in 2017. The Florida Retail Federation, the state’s leading trade association for the retail industry, predicts consumers will spend an average $134.75 for the holiday, up almost $10 from last year’s $125.92. Spending nationwide is also expected to reach $15.5 billion, the highest in the survey’s 15-year history – nearly a billion more than 2016. “I am very encouraged to see that Floridians and families across…

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Graduation spending expected to reach $5.4B in 2017

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Graduation season means big business for Florida businesses. The National Retail Federation estimates total spending is expected to reach $5.6 billion this graduation season, a nearly 4 percent increase over last year when consumers spent $5.4 billion buying gifts for graduates. The 2017 estimate is expected to be the highest amount spent in the 11 years the National Retail Federation and Prosper Insight & Analytics have surveyed consumers about their spending habits for graduates. “Graduation is a significant achievement in…

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Florida retailers expect record breaking Mother’s Day in 2017

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Florida retailers believe moms will get a lot of love this year, as consumers are set to spend record numbers for Mother’s Day in 2017. According to the Florida Retail Federation (FRF), consumers will spend more than ever on gifts for Mother’s Day this year, reaching $23.6 billion. The state’s leading retailer trade association expect a whopping $186.39 per mom on average this year, up from last year’s $172.22 average. “We are extremely encouraged by the record high projections for…

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Retailers expect record-setting Easter spending

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A survey conducted by the National Retail Federation is predicting record-setting Easter spending this year with a projected total of $18.4 billion in spending for the Christian holiday. “With Easter falling almost an entire month later than last year, that means warmer weather and more people in the mood to spend money to celebrate,” said Florida Retail Federation President/CEO R. Scott Shalley. “This is great news for Sunshine State retailers, and with more consumers spending more money, we expect stores…

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Retail Federation expects record-breaking St. Patrick’s Day spending in 2017

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St. Patrick’s Day revelers won’t be the only one’s seeing green this year according to a survey conducted by the National Retail Federation. The retail trade group estimates those celebrating the Irish holiday will spend $37.92 a piece this year, with total spending expected to top $5.3 billion — a significant jump from last year’s $4.4 billion and good enough for a record. “We continue to see spending on holidays and celebrations reaching or exceeding record highs, which reinforces the…

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Valentine’s Day not as sweet for Florida retailers; spending expected to decrease

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Valentine’s Day spending is expected to be a little less sweet this year, dipping for the first time in a decade, according to an annual consumer survey. Consumers plan to keep their budgets in check as they spend $10 less on gifts. Also, fewer people say they will celebrate the holiday this year. “The slight decrease in spending is understandable given the record-breaking pace Valentine’s Day spending had reached the previous ten years,” said Randy Miller, president and CEO of the…

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