The spending is nearly as high as last year’s.
The U.S. tariffs on $34 billion of Chinese goods are set to take effect Friday.
The National Retail Federation reacts to an additional $100 billion in tariffs against China.
NRF urges the administration to work with trading partners.
Some of the largest brands in retail today sent a letter to President Trump about the impact of broadly applied | Read more…
The National Retail Federation issues a statement about tariffs on steel and aluminum.
The sales exceeded NRF forecast and showed strongest gain since great recession.
For the first time in survey history, the numbers include Cyber Monday in addition to Thanksgiving Day, Black Friday, Small Business Saturday and Sunday.
Bricks-and-mortar stores are still the cornerstone of American retail.
Spending for Easter is expected to reach $18.4 billion.