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Pandemic Made Holiday Forecast challenged the most!   NRF Chief Economist Says Pandemic Made This Year’s Holiday Forecast the Most Challenging Ever! With the coronavirus pandemic presenting unique circumstances for the nation’s economy, forecasting retail holiday sales this year was more challenging than ever before, National Retail Federation Chief Economist Jack Kleinhenz said today.   “There is no doubt this is the most unusual economic environment in our lifetimes,” Kleinhenz said. “I cannot think of a period with so many simultaneous factors hitting the economy at once when formulating this forecast.” NRF usually releases its annual holiday forecast in early October but waited until November 23 this year in order to see additional economic data and “put carefulness and caution ahead of speed,” Kleinhenz said.   “This is a year when it is particularly important to recognize known risks, understand unusual factors and attempt to reduce oversights when making pr...

Upscale options that won’t break the bank   Gabriel & Co focuses the holidays are quickly approaching, and if you haven’t started your shopping just yet, don’t worry! Gabriel & Co. has the perfect pieces to help make this holiday extra special. No matter your budget, I’m willing to bet every woman on your holiday shopping list would be smitten with the gift of jewelry this season. While in the past the gift of fine jewelry could be pricey and off-limits for some budgets, Gabriel & Co. has created beautiful upscale options that won’t break the bank.   This curated jewelry gift guide is to please every woman on your list. There’s something for everyone on this list, no matter your budget.  Give the gift of fine jewelry from Gabriel & Co. this holiday season and show her how much you care! An exotic open style bangle crafted from white gold with sleek tapered diamond accents, this incredible piece is also available in yellow gold and rose gold.   E...

  Shop safe and shop early! New Holiday Traditions Campaign in US!   By any measure, this holiday season will be unlike any other, and the National Retail Federation (NRF) is launching a nationwide consumer education campaign called, New Holiday Traditions, to encourage consumers to shop safe and shop early amidst the coronavirus pandemic.   “This is going to be a historic holiday season and while some memorable traditions may change, the tradition of retailers supporting their customers and their communities is stronger than ever. That is why we encourage consumers to adopt two new traditions this year, shop safe and shop early-so we can all celebrate a happy and healthy holiday,” NRF President and CEO Matthew Shay said.   “Retailers are prepared for an early start to the shopping season, offering discounts earlier to ensure consumers can find the gifts they want; in stock at the price they want to pay, delivered at the time they want to receive them.” Novem...

US procrastinators rush to meet Holiday deadline now! More than 40 percent of holiday shoppers surveyed expect to finish their holiday gift shopping, but the biggest procrastinators will still be buying gifts through Christmas Eve, according to the annual consumer sentiment survey released by the National Retail Federation and Prosper Insights & Analytics.   “Having made their lists and checked them twice, holiday shoppers have been out in full force these last few weeks, but many are still waiting to complete their shopping this weekend,” NRF President and CEO Matthew Shay said. “Retailers will use every opportunity to see that shoppers have a great experience in these final few days. Whether looking for competitive prices, festive in-store events or last-minute online shipping deals, retailers are ready to deliver.” The survey found that 34 percent of holiday shoppers purchased their last gift by Tuesday. A total of 44 percent expected to be done by the end of...