holiday shopping Archives - CDR

Retailers’ hopes rise as holiday season nears

October 24, 2016 by Scot Meyer and Chain Drug Review Accenture, holiday retail sales, holiday shopping, Jack Kleinhenz, Jill Standish, Matthew Shay, National Retail Federation, NRF, PwC, Steven Barr 2016, Business, Featured Articles, Issue 10-24-2016, Issues, Leading Headlines, News

NEW YORK — Consumers are expected to increase their spending this holiday season, bolstered by an economy that is showing signs of strength. The National Retail Federation (NRF) expects sales in November and December (excluding cars, gasoline and restaurant sales) to increase 3.6% to $655.8 billion. That is significantly higher than the 10-year average of

Drug chains post modest sales gains during holidays

January 4, 2016 by Geoff Walden and Chain Drug Review Black Friday, holiday retail sales, holiday shopping, National Retail Federation, NPD Group, RetailNext, Shelley Kohan, ShopperTrak 2016, Issue 01-04-2016, Issues, News

NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing, as sales growth barely exceeded 4%. That was down from last season’s 4.4% advance in holiday retail sales, and well off the 5.4% gain of five years ago. Same-store sales were up 1.8%, virtually unchanged from 2014.