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National Retail Federation

Father’s Day spending expected to hit record

Father’s Day spending expected to hit record

WASHINGTON – Americans are expected to spend a record $16 billion on Father’s Day gifts this year, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics. That’s up from last year’s $15.3 billion. “Fathers, husbands and sons can expect to feel the love this Father’s Day,” NRF president and CEO

NRF calls latest tariffs a big gamble

NRF calls latest tariffs a big gamble

WASHINGTON – The National Retail Federation has warned that the Trump administration’s imposition of additional tariffs on Chinese goods puts the U.S. economy and American jobs at risk. “We support the administration’s efforts to deliver a meaningful trade agreement that levels the playing field for American businesses and workers,” NRF president and CEO Matthew Shay.

NRF: Mother’s Day sales to set record

NRF: Mother’s Day sales to set record

  WASHINGTON – Mother’s Day spending is expected to total a record $25 billion this year, up from $23.1 billion in 2018, according to the annual survey released Wednesday by the National Retail Federation. A total 84% of U.S. adults are expected to celebrate their mothers and other women in their lives. “Mother’s Day spending has

NRF: March retail sales gain a good sign

NRF: March retail sales gain a good sign

WASHINGTON — Retail sales in March were up 1% seasonally adjusted from February and up 0.8% unadjusted year-over-year, according to the National Retail Federation, which said today that the numbers represent good news about the strength of the economy. “March’s numbers are very encouraging and set the stage for improved expectations for the economy in

Retail employment falls in March

Retail employment falls in March

WASHINGTON — The U.S. economy added 196,000 jobs in March, but retail industry employment for the month fell by 11,700 jobs seasonally adjusted from February, according to the Labor Department. Retail jobs were also down 47,400 jobs unadjusted year-over-year. “March’s strong rebound in overall hiring throughout the economy is good news after the seesaw employment

Omnichannel a work in progress

Omnichannel a work in progress

The transformation of the retail business continues apace, but the outright revolution promised by the adherents of e-commerce and digital media still appears to be a ways away. That’s one of the insights gleaned from new research conducted by the National Retail Federation (NRF) and Forrester. Based on responses from 69 retailers — a mix

Retail sales rebound in January

Retail sales rebound in January

WASHINGTON – Retail sales rebounded in January, the National Retail Federation said on Monday. Sales increased by 1.3% seasonally adjusted from December and by 3.6% unadjusted year-over-year. The numbers exclude automobile dealers, gasoline stations and restaurants. “Retail sales recovered in January after the unexpected drop in December, reinforcing a positive start to 2019,” NRF chief

Retail employment dipped in February

Retail employment dipped in February

WASHINGTON – Retail industry employment in February was down by 6,100 jobs seasonally adjusted from January and down 5,300 jobs unadjusted year-over-year as employment growth across all industries slowed dramatically, according to U.S. Labor Department figures released on Friday. The retail numbers, which exclude restaurants, came as the nation saw a monthly gain of only

NRF: holiday sales gains weaker than expected

NRF: holiday sales gains weaker than expected

WASHINGTON – The holiday season turned out not to have been a particularly merry one for retailers, the National Retail Federation said on Thursday. Retail sales grew a lower-than-expected 2.9% during the two-month period, according to the NRF, which cited U.S. Commerce Department data that had been delayed by nearly a month because of the

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