--- title: "NRF: Holiday sales poised for modest 3.6% boost" description: Retail Holiday sales poised for modest 3.6% boost image: https://connect.regencycenters.com/hubfs/External_Post_Images/82d61af9b436f89922fcb4657de52977.jpg --- - [Home](https://www.regencycenters.com/) - [Properties](https://connect.regencycenters.com/properties) - [In Development](https://connect.regencycenters.com/in-development) - [Regency](https://connect.regencycenters.com/regency) - [Contact](https://connect.regencycenters.com/contact) - [Investors](http://investors.regencycenters.com) - [Tenants](https://connect.regencycenters.com/tenants) - [Blog](https://connect.regencycenters.com/blog) - [Corporate Responsibility](https://www.regencycenters.com/corporate-responsibility) - [Leadership](https://www.regencycenters.com/leadership) - [Investors](http://investors.regencycenters.com) - [Tenants](https://www.regencycenters.com/tenants) - [Careers](https://www.regencycenters.com/regency/careers) [![Regency Centers](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/regency-centers.svg)](https://www.regencycenters.com/) [![Search](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/icon-search.svg) Properties](https://www.regencycenters.com/properties) ![Menu](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/icon-menu.svg) Menu - [Properties](https://www.regencycenters.com/properties) - [In Development](https://www.regencycenters.com/in-development) - [Regency](https://www.regencycenters.com/regency) - [Contact](https://www.regencycenters.com/contact) Search - [Inside Regency](https://connect.regencycenters.com/blog/topic/inside-regency) - [News Releases](https://connect.regencycenters.com/blog/topic/news-releases) - [Retailer News](https://connect.regencycenters.com/blog/topic/retailer-news) # NRF: Holiday sales poised for modest 3.6% boost [Industry News](https://connect.regencycenters.com/blog/author/industry-news) [News Releases](https://connect.regencycenters.com/blog/topic/news-releases) October 8, 2016 - [Tweet](https://twitter.com/share) The National Retail Federation said Tuesday it expects sales in November and December, excluding autos, gas and restaurant sales, [to increase 3.6% to $655.8 billion](http://www.businesswire.com/news/home/20161004006127/en/National-Retail-Federation-Forecasts-Holiday-Sales-Increase) — significantly higher than the 10-year average of 2.5% and above the seven-year average of 3.4% since the economic recovery began in 2009. ![A purple gift box with a silver bow tied around it](https://connect.regencycenters.com/hs-fs/hubfs/External_Post_Images/82d61af9b436f89922fcb4657de52977.jpg?width=524&name=82d61af9b436f89922fcb4657de52977.jpg "82d61af9b436f89922fcb4657de52977.jpg") The International Council of Shopping Centers also released its annual holiday forecast, predicting that holiday sales in stores would rise 3.3%, up from the 2.2% increase in the year ago period. Individual holiday shoppers plan to spend an average of $683.90 this year, [according to the ICSC Holiday Shopping Intentions Survey](http://www.businesswire.com/news/home/20161004005796/en/ICSC-Forecasts-3.3-Percent-Growth-Holiday-Season). *This is an excerpt from [this full article](http://www.retaildive.com/news/nrf-holiday-sales-poised-for-modest-36-boost/427645/) posted on RetailDive.com.* ##### Connect With Us [Join Our Mailing List](https://www.regencycenters.com/connect-with-us/)  > [Explore Our Markets](https://www.regencycenters.com/properties/our-markets)  > [Find a Space For Your Place](https://www.regencycenters.com/properties)  > ##### Related Stories [Nov 19 Holiday Shopping Suggestions from Four of Regency's Experts](https://connect.regencycenters.com/blog/holiday-shopping-suggestions-regency-experts) [Dec 20 Stores Woo Holiday Shoppers With 'Experiences'](https://connect.regencycenters.com/blog/stores-woo-holiday-shoppers-with-experiences) [Oct 23 Why Black Friday is losing prominence during the 2016 holiday shopping season](https://connect.regencycenters.com/blog/why-black-friday-is-losing-prominence-during-the-2016-holiday-shopping-season) [Feb 05 Regency Centers Announces Lone Tree Village Development in Colorado](https://connect.regencycenters.com/blog/regency-centers-announces-lone-tree-village-a-king-soopers-anchored-retail-destination-serving-the-ridgegate-community) [Sep 24 Regency Centers Unveils Ellis Village Center in Northern California](https://connect.regencycenters.com/blog/regency-centers-unveils-ellis-village-center-in-northern-california) [Jul 24 Regency Centers Completes $357M Portfolio Acquisition in Southern California](https://connect.regencycenters.com/blog/regency-centers-acquisition-southern-california) Subscribe [![Regency Centers](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/regency-centers.svg)](https://connect.regencycenters.com/) - [Careers](https://www.regencycenters.com/regency/careers) - [Investors](http://investors.regencycenters.com/) - [News](http://investors.regencycenters.com/news-releases) - [Fresh Look](https://www.regencycenters.com/regency/fresh-look) - [Tenants](https://www.regencycenters.com/tenants) - [Contact](https://www.regencycenters.com/contact) [Find a Property](https://www.regencycenters.com/properties) [Leasing Agent](https://www.regencycenters.com/contact) ![Reg Listed NYSE](https://connect.regencycenters.com/hubfs/blog2018/images/stock-ticker.svg) [Regency Centers Facebook](https://www.facebook.com/RegencyCenters) [Regency Centers Twitter](https://twitter.com/RegencyCenters) [Regency Centers Instagram](https://www.instagram.com/regencycenters/) [Regency Centers LinkedIn](https://www.linkedin.com/company/regency-centers/) MEMBER **S&P 500** Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. ©2026 Regency Centers [Terms of Service](https://www.regencycenters.com/terms-of-service) [Privacy Policy](https://www.regencycenters.com/privacy-policy) Cookie Settings ![Quantcast](https://pixel.quantserve.com/pixel/p-XHwFJLhjBpfmt.gif) ![](https://connect.regencycenters.com/hubfs/Art%20Elements/External_Post_Images/82d61af9b436f89922fcb4657de52977.jpg) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Industry News", "url" : "https://connect.regencycenters.com/blog/author/industry-news" }, "dateModified" : "2025-01-07T21:01:18.701Z", "datePublished" : "2016-10-08T20:02:00.000Z", "headline" : "NRF: Holiday sales poised for modest 3.6% boost", "image" : [ "https://connect.regencycenters.com/hubfs/External_Post_Images/82d61af9b436f89922fcb4657de52977.jpg" ], "mainEntityOfPage" : { "@id" : "https://connect.regencycenters.com/blog/nrf-holiday-sales-poised-for-modest-3.6-boost", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "/hs/hsstatic/content_shared_assets/static-1.4081/img/vast.png" }, "name" : "Regency Centers" } } ```