TOY-FAIR_1170x120_9-20-21

National Retail Federation

Cornell and Montgomery will be among NRF honorees

WASHINGTON — The National Retail Federation will recognize Target chairman and chief executive officer Brian Cornell with its The Visionary award, which will be presented during the seventh annual NRF Foundation Honors event in New York City. CVS Pharmacy president Neela Montgomery will also be honored as one of the People Shaping Retail’s Future 2022.

NRF to honor Target’s Cornell with Visionary award

NRF to honor Target’s Cornell with Visionary award

WASHINGTON – The National Retail Federation said Tuesday that Target chairman and CEO Brian Cornell will receive its “The Visionary” award. The award will be presented during the seventh annual NRF Foundation Honors on January 16 in New York City. “Brian Cornell’s purpose-driven leadership and strategic vision reflect an unwavering commitment to his team, and

Retail imports remain strong but growth slows

Retail imports remain strong but growth slows

WASHINGTON – Growth in imports at the nation’s largest retail container ports is slowing due to pandemic-related supply chain disruptions, according to the monthly Global Port Tracker report released Thursday by the National Retail Federation and Hackett Associates. “Year-over-year growth isn’t as dramatic as it was earlier because we’re now comparing against months when most

Hottest retailers don’t have stores

WASHINGTON — Online is where the growth is, as evidenced by this year’s Hot 25 Retailers List, released Wednesday by the National Retail Federation. Wine.com and overstock.com topped the list, which aims to highlight the nation’s most impactful and fastest-growing retail companies. The rankings, compiled by Kantar, are based on year-over-year percentage increases in domestic

Online retailers dominate NRF’s ‘Hot 25’ list

Online retailers dominate NRF’s ‘Hot 25’ list

WASHINGTON — Online is where the growth is, as evidenced by this year’s Hot 25 Retailers List, released Wednesday by the National Retail Federation. Wine.com and overstock.com topped the list, which aims to highlight the nation’s most impactful and fastest-growing retail companies. The rankings, compiled by Kantar, are based on year-over-year percentage increases in domestic

Record back-to-school season expected

Record back-to-school season expected

WASHINGTON – Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “The pandemic forced parents and their school-aged children to quickly adapt to

Walmart’s John Furner talks about retail’s future

Walmart’s John Furner talks about retail’s future

NEW YORK — When he was asked almost a year ago what pandemic-related changes in consumer behavior would likely stick around once things returned to normal, Walmart U.S. president and CEO John Furner said it was too soon to tell. So when National Retail Federation president and CEO Matthew Shay interviewed Furner on Monday, during

May retail sales down from April, up vs. last year

May retail sales down from April, up vs. last year

WASHINGTON – Retail sales in May were down compared to April but up strongly year-over-year, the National Retail Federation said Tuesday. “While May retail sales were down slightly, largely due to supply chain constraints, the more accurate indicator remains in the year-over-year data which, as the NRF calculates, showed growth of over 17%,” NRF president

NRF economist: new retail scorecard needed

NRF economist: new retail scorecard needed

WASHINGTON — Traditional statistical measurements are not providing an accurate account of the retail industry’s contribution to the economy, National Retail Federation chief economist Jack Kleinhenz contended in the June issue of NRF’s Monthly Economic Review. “In recent years, critics have claimed the retail industry is facing an existential crisis, that retail is not growing

NRF welcomes EEOC vaccination guidance

NRF welcomes EEOC vaccination guidance

WASHINGTON – The National Retail Federation on Friday welcomed guidance from the Equal Employment Opportunity Commission indicating that companies can reward employees who get vaccinated. “Retailers have consistently recommended that employees and customers get vaccinated against COVID-19, barring a disability or religious-based objection,” said Edward Egee, NRF vice president of government relations and workforce development.

Record high Father’s Day spending expected

Record high Father’s Day spending expected

WASHINGTON – The National Retail Federation on Tuesday projected that U.S. consumers will spend more than $20.1 billion — a record high — on gifts and other items for Father’s Day this year. The projection is based on NRF’s annual survey conducted by Prosper Insight & Analytics. Total spending for the holiday will surpass last

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