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
WASHINGTON – The White House honored the National Retail Federation on Wednesday with the “Pledge to America’s Workers” Presidential Award. The honor recognizes the NRF Foundation’s RISE Up initiative, one of nine workforce development efforts by businesses and trade groups that were spotlighted by Ivanka Trump and Commerce Secretary Wilbur Ross. “Our industry employs the
WASHINGTON – Retail sales gains in August point to continued recovery from the coronavirus, the National Retail Federation said on Wednesday. “While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” NRF president and CEO Matthew Shay said
WASHINGTON — Retail sales continue to bounce back from the impact of the coronavirus pandemic, the National Retail Federation (NRF) said. Sales in July grew more slowly than in June, but the trend continued to be positive. “Retail sales for July were another positive step in the right direction as our economy continues to slowly
NEW YORK — Heading into this year, the ranks of the fastest-growing retailers in the United States had shown considerable year-over-year stability, according to the National Retail Federation’s (NRF) Hot 100 Retailers list for 2020. The list, which is compiled for the NRF by Kantar Retail, annually ranks the nation’s fastest-growing companies in terms of
WASHINGTON – Parents are spending more on computers and other electronic gear because they increasingly think at least some of their children’s classes this fall will happen online, the National Retail Federation and Prosper Insights & Analytics said Monday. “Consumers still face a great deal of uncertainty even as school begins to start and are
WASHINGTON – Retail sales continue to bounce back from the impact of the coronavirus pandemic, the National Retail Federation said Friday. Sales in July grew more slowly than in June, but the trend continued to be positive. “Retail sales for July were another positive step in the right direction as our economy continues to slowly
WASHINGTON – Imports at major U.S. retail container ports are expected to be at their lowest total in four years, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates. “The economy is recovering but retailers are being careful not to import more than they can sell,”
WASHINGTON – Consumers worried about exposure to the coronavirus are boosting their use of mobile payments and contactless credit and debit cards, according to a study released on Thursday by the National Retail Federation and Forrester. “Health experts say there is no clear evidence that COVID-19 is transmitted by cash or credit cards but retailers
WASHINGTON – Despite signs that reopening businesses have begun to lift the economy, National Retail Federation chief economist Jack Kleinhenz said Monday that conflicting data makes it difficult to say how steady the comeback will be. “Optimism about the economy and retail spending is being tested daily with the spread of the coronavirus,” Kleinhenz said.
WASHINGTON — The National Retail Federation said Tuesday that it is pleased with some of the provisions in a COVID-19 relief bill introduced by Senate Republicans. The Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act contains economic stimulus provisions, tax breaks and liability protection for businesses. “While understanding that the HEALS Act introduced by