National Retail Federation
Recent News About National Retail Federation
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Data from the U.S. Census Bureau indicates a rise in retail sales for September, coinciding with employment growth and decreases in inflation and interest rates, according to Jack Kleinhenz, Chief Economist at the National Retail Federation (NRF).
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The National Retail Federation (NRF) has projected an increase in winter holiday spending for 2024, estimating growth between 2.5% and 3.5% compared to the previous year. This would result in total holiday spending ranging from $979.5 billion to $989 billion during November and December, up from $955.6 billion last year.
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The National Retail Federation (NRF) has issued a statement on the passing of Tom Donohue, a significant figure in political, business, and association circles. The statement was made by NRF President and CEO Matthew Shay.
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Retail sales experienced a minor decline in September compared to the previous month, yet showed growth over the same period last year. This is according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions and released by the National Retail Federation (NRF).
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The National Retail Federation (NRF) has announced a collaboration with The Power of Preparedness (TPOP), an online training provider focused on workplace violence prevention in the retail sector. This partnership aims to enhance safety and security training for NRF's network of retailers, addressing the complexities of today's retail risk environment.
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Imports at major U.S. container ports are expected to remain strong this October, despite a recent strike that temporarily halted operations from Maine to Texas. This information comes from the Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates.
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The National Retail Federation (NRF) has responded to the suspension of a port strike following a tentative agreement on wages and a short-term contract extension between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX). NRF President and CEO Matthew Shay expressed relief at the development, stating, "The decision to end the current strike and allow the East and Gulf coast ports to reopen is good news for the nation’s economy."
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The National Retail Federation (NRF) has issued a statement following the initiation of a labor strike at all U.S. East and Gulf Coast container ports. The strike began after the expiration of the six-year master contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) on September 30.
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Goldman Sachs Chairman and CEO David Solomon will join NRF President and CEO Matthew Shay for a fireside chat on January 14 at NRF 2025: Retail’s Big Show. The event will take place in New York City from January 12-14.
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The National Retail Federation (NRF) has expressed support for a lawsuit filed by the Department of Justice (DOJ) against Visa, accusing the company of violating federal antitrust law through its debit card practices. However, the NRF suggests that Visa's anticompetitive actions extend beyond this issue.
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The NRF Foundation has introduced a new Customer Conflict De-escalation training program aimed at front-line retail employees. This initiative is part of the RISE Up educational training program, which seeks to create a safe and positive environment for both retail workers and customers.
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Early Halloween shopping is on the rise, with 47% of survey participants beginning their shopping before October, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics. The figure is up from 37% five years ago and compares with just 32% in 2014. Total Halloween spending is expected to reach $11.6 billion, after last year’s record-setting $12.2 billion.
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The National Retail Federation (NRF) and Paris-based event organizer Comexposium have announced that the Paris Retail Week annual conference and exhibition will be rebranded beginning in 2025. The inaugural NRF 2025: Retail’s Big Show Europe is scheduled for September 16-18, 2025, at the Paris Porte de Versailles Pavilions 4 & 6. This event is expected to attract thousands of retailers and business partners from across Europe.
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Data released today by the U.S. Census Bureau indicates that retail sales continued to grow in August, driven by rising wages amid falling inflation, according to National Retail Federation (NRF) Chief Economist Jack Kleinhenz.
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The NRF Foundation today announced the honorees of The List of People Shaping Retail’s Future 2025, a group of retail leaders who will be celebrated at the 10th annual NRF Foundation Honors in New York City in January.
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Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.
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The National Retail Federation (NRF) announced that Jill Dvorak has returned to the organization as senior vice president of content.
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WASHINGTON – With the economy slowing but still growing and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have dodged a recession, National Retail Federation Chief Economist Jack Kleinhenz said today.
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The National Retail Federation (NRF) has issued a statement from its President and CEO, Matthew Shay, regarding concerns of a potential labor strike at U.S. ports on the East and Gulf Coasts. The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have until September 30 to negotiate a new contract.
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Retail sales data released today by the U.S. Census Bureau indicates that consumer spending increased in July, despite signs of moderating economic growth, according to National Retail Federation (NRF) Chief Economist Jack Kleinhenz.