WASHINGTON — According to the monthly Global Port Tracker report released this month by the National Retail Federation (NRF) and Hackett Associates, imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins. “Nobody would have thought last spring that 2020 would
WASHINGTON – The National Retail Federation was one of more than 180 organizations that called on Tuesday for Congress and president-elect Joe Biden to reform the nation’s immigration system. Among other steps, the groups said participants in the Deferred Action for Childhood Arrivals program should be allowed to remain in the country. “America’s retailers support
WASHINGTON — The National Retail Federation, which is conducting the first chapter of its 2021 Retail’s Big Show conference online, announced on Tuesday that the planned in-person chapter of the show, scheduled for June, will also be held virtually. “We have recently learned that the Javits Center, which is being used as a venue for
WASHINGTON – Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% over the same period in 2019 to $789.4 billion, the National Retail Federation said on Friday. That tops the NRF’s holiday forecast, and came despite a pandemic that disrupted holiday shopping. Online and other non-stores sales increased 23.9% to $209 billion.
WASHINGTON – The stimulus legislation signed into law just after Christmas will help support the nation’s ongoing recovery from the economic fallout from the COVID-19 pandemic, National Retail Federation chief economist Jack Kleinhenz said on Monday. “As we closed out 2020, it was an end to a whirlwind year whose challenging economic environment will almost
WASHINGTON – Retail workers should be among the early recipients of COVID-19 vaccines, the National Retail Federation contended on Wednesday. “Retailers have been on the front lines throughout the pandemic protecting associates, serving customers, and keeping the communities in which they live and work safe and healthy,” NRF president and chief executive officer Matthew Shay
WASHINGTON – Retail sales slipped in November compared to the month before, as the surging pandemic suppressed store traffic. But sales were still up compared to last November, and the National Retail Federation still expects a happy holiday season for retailers. “Consumers held back on spending in November as virus rates spiked, states imposed retail restrictions and
WASHINGTON – Retail imports remained strong in November, even after a record-setting July-through-October period when retailers were bringing in merchandise for the holiday season. Even with most holiday merchandise already in the country, November imports remained strong at an estimated 2.07 million Twenty-Foot Equivalent Units (TEU) – a 22.4% jump year-over-year and the fourth-busiest month
WASHINGTON – Fewer people than usual shopped in stores over the Thanksgiving holiday weekend this year, according to the annual survey released Tuesday by the National Retail Federation and Prosper Insights & Analytics. The number of in-store shoppers on Thanksgiving Day dropped by 55% from last year and those on Black Friday dropped by 37%.
WASHINGTON — The National Retail Federation on Saturday issued a statement congratulating President-elect Joe Biden and Vice President-elect Kamala Harris and pledging to work with the administration and new Congress to mitigate the COVID-19 pandemic and propel the country’s economic recovery. “After a historic and unprecedented election season, the country has selected our next Commander
WASHINGTON – Consumers expect to spend a bit less this holiday season, according to the annual survey released Tuesday by the National Retail Federation and Prosper Insights & Analytics. Most of that decline will stem from consumers making less use of holiday sales for non-gift purchases. Buying presents for friends and family will still be
NEW YORK – Retailers replenishing shelves and stocking up ahead of the year-end holidays helped push imports to an all-time high, according to the National Retail Federation. The trade group on October 9 released its latest Global Port Tracker, which measures import cargo volumes at the nation’s major seaports. The report is released monthly by