Same-store sales at department stores through December 25 declined more than 6 percent.
However, sales of some more discretionary items, such as sporting goods, book and music stores declined by 1.6%, alongside a 2.9% fall in those at miscellaneous store retailers. The NRF had forecast a strong season but it only anticipated sales growth of 3.6 and 4 percent.
A separate reading of the season showed sales rose 5.7 percent in November and December combined, the best holiday period since 2005, said Craig Johnson, head of research firm Customer Growth Partners. The October 2017 to November 2017 percent change was revised from up 0.8% to up 0.9%. "Whether they shopped in-store, online or on their phones, consumers were in the mood to spend, and retailers were there to offer them good value for their money".
Compared with a year ago, retail sales were also up in nearly every category, with some doing very well indeed.
Sales of furniture grew by 0.7% to $10.33bn, while those of building materials increased by 1.2% to hit $32.98bn.
Early results for the season from Mastercard SpendingPulse, which tracked spending through December 24, reported holiday sales grew by 4.9%.
General merchandise stores climbed 4.3 percent, while clothing and accessories stores grew 2.7 percent.
"We knew going in that retailers were going to have a good holiday season but the results are even better than anything we could have hoped for, especially given the misleading headlines of the past year", NRF President and CEO Matthew Shay said.
Fed officials expected the tax cuts approved by the U.S. Congress would provide "some boost" to consumer spending.
Sales gains weren't evenly distributed in December, according to First Data's SpendTrend. "Overall, though, these data are consistent with the very elevated consumer confidence numbers, and they imply that the saving rate, which is already very low, continues to decline", said Ian Shepherdson, chief economist at Pantheon Macroeconomics.
Retail spending represents 35 percent of all spending in Philly, and grew 3.7 percent during the holiday season.
In this case, the recipient on the other side will get a request for video call, which can either be accepted or rejected. There was a mention of group calls in one of the WhatsApp beta updates for Android, further hinting at the possibility.
We had great success together in Green Bay and we both understand the hard work it takes to create a winning environment. There's nothing official on the coaching front as the Browns continue to weigh their options and meet with candidates.
The program also proposes the largest number of lease sales in US history for the National OCS Program's 5-year lease schedule. The three states on the west coast of the United States have one of the moist coastlines in the entire United States.
He has no reason to snatch or steal, " Manoj Kumar, a tea-seller who knows Madan, was quoted as saying by TOI. He said that their presence in the jail was coincidental and that the two had criminal case against them.
Steve verbally attacks Weinstein, too, calling him a "piece of st" and tells him to "get the fk out of here". Weinstein, 65, said he would not press charges over the incident, United States sources reported .
Oprah has set a speculation about her possible joining in politics with her powerful speech in the Golden Globes Awards ceremony . However, she added: "I also know that after years of watching the Oprah show, you always have the right to change your mind ...
From there, as Pali Bhat, the VP of product management and payments, puts it, "you can speed through checkout with peace of mind". Google has announced that it is merging its Android Pay and Google Wallet into a new service called Google Pay .
The cameras use a pair of super wide angle lenses (with 13 megapixel sensors) to capture 180 degrees of action in stereoscopic 3D. The Mirage Solo uses the same Daydream controller as the official model to control the virtual world around you.
Whether or not you think flying cars will become a legitimate mode of transport, everyone is in love with the idea. This will be done using Intel's True VR solution both for on-demand events as well as live ones.
The trade, however, was ultimately nixed by a higher up in the NY organization - likely over concerns regarding Kipnis' contract. NY began the year with great expectations that were quickly derailed by long-term injuries to Syndergaard, Cespedes and others.
Author Michael Wolff's tell-all was released today after being originally planned for release next week. Trump's lawyers sent Wolff and his publishers cease-and-desist letters , as they had to Bannon.
Leonardo DiCaprio Set for Quentin Tarantino #9
The as of yet untitled ninth picture by Quentin Tarantino about Charles Manson has picked up a huge actor for its roster. The deal is expected to close soon, and this will become DiCaprio's first film since he won the Oscar for The Revenant .
Treasury agency blindsided by Sessions marijuana crackdown
Supporters of the bill say the hodgepodge of state laws undermines the constitutional right to bear arms for self-defense. Both used a payment processing company that worked with a MA bank that processed medical marijuana transactions.
Ford Edge ST revealed as proper performance variant
Stability and traction control programming is also new, with relaxed modes allowing for more slip angle before intervening. Distinguishable from its lesser-powered brethren, you'll spot a wider grille, deeper side skirts and dual exhausts.
Steve Bannon departs Breitbart News
However, Bannon didn't respond until Sunday when he tried to walk back some of the comments without officially apologizing. Michael Wolff appeared Monday on MSNBC's "Morning Joe" to discuss " Fire and Fury: Inside the Trump White House ".
Ibuprofen linked to male infertility
Researchers found that taking six tablets of the painkiller each day can make your balls shrivel up, reducing fertility levels. In common terms, the man's testicles don't secrete enough testosterone and the ability to produce sperm is impaired.
Jeff Bezos is the richest person in the world
The only others to surpass Gates as the world's richest person were Warren Buffett and Mexican business mogul Carlos Slim. In case you were wondering, Bezos' fortune amounts to 1.78 million times the median USA household income.