NRF CEO Shay Says Holiday Sales Are Off to a Great Start

The video discusses the positive start to the holiday sales season, with a higher than expected number of shoppers. It highlights the shift towards online shopping and cross-channel consumer behavior. The discussion also covers consumer spending trends, focusing on gift categories, and the impact of ongoing promotions on margins. Finally, the video addresses the retail industry's support for tax reform and its potential benefits for small businesses.

What was the forecasted sales growth for the holiday season?

• 3.6% to 4%

• 5% to 6%

• 4.5% to 5%

• 2% to 3%

Which shopping trend was observed during the holiday weekend?

• More people shopped only for themselves

• More people avoided shopping

• More people shopped exclusively online

• More people shopped exclusively in stores

What is a significant concern for retailers when offering constant promotions?

• Increased customer satisfaction

• Higher profit margins

• Lower profit margins

• Improved brand loyalty

What is the main focus of the proposed tax reform for the retail industry?

• Increasing corporate tax rates

• Providing relief for small businesses

• Eliminating sales tax

• Supporting large corporations

How many retail businesses in the United States have one location?

• 99%

• 95%

• 50%

• 75%