WASHINGTON — The National Retail Federation (NRF) on Monday named Ellen Davis president of the NRF Foundation, the NRF’s philanthropic arm. Davis will continue to serve NRF as the organization’s senior vice president for research and strategic initiatives. As president, Davis will oversee the foundation’s programs in job-readiness training, education, scholarships and credentialing. “Under Ellen’s
WASHINGTON – Retail sales in January were nearly as strong as during the holiday season, dropping only 0.26% on a seasonally adjusted basis from December, according to the National Retail Federation. And sales rose 5.4% compared to last January. “These numbers reinforce a positive start to 2018 that reflects ongoing consumer optimism brought about by
WASHINGTON — The National Retail Federation (NRF) and the Retail Industry Leaders Association each welcomed the decision by the U.S. Supreme Court to reenter the dispute over whether states should be able to require online retailers to collect and remit state sales taxes. Retailers and others had been expecting the court to take up the
NEW YORK — Consumers have specific demands, especially when shopping online, according to the most recent issue of “Consumer View,” a report issued by the National Retail Federation. Online shoppers, the NRF finds, expect to get their merchandise delivered quickly and for free. “Consumers today want what they want when they want it and they
NEW YORK — Despite the technology that is changing the way stores operate and consumers shop, retailing is still a people business, Walmart president and CEO Doug McMillon said on Sunday. “The way the customers feel when they leave the store, or your web site or app, determines how fast they’re going to come back,”
WASHINGTON – Citing U.S. Census data, the National Retail Federation reported Friday that retail sales during November and December increased 5.5% compared to last year, to reach $691.9 billion. That number includes $138.4 billion in online and other non-store sales, which were up 11.5% over the year before. The results exceeded NRF’s predicted increase of
WASHINGTON — Walmart president and chief executive officer Doug McMillon will take the stage at the National Retail Federation’s ‘Big Show’ conference in New York next month. He will join NRF president and CEO Matthew Shay at 3 p.m on January 14 for a discussion of strategies retailers can employ to survive in today’s environment
WASHINGTON — U.S. consumers were very busy from Thanksgiving Day through Cyber Monday, with more than 174 million people having shopped in stores and online during the recent holiday weekend, beating the 164 million estimated shoppers from an earlier survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. The study found average
Retailers started this year’s holiday shopping season with something to be thankful for — robust sales on Black Friday and Cyber Monday. A National Retail Federation poll found that more than 174 million people shopped in stores and online over the course of the holiday weekend, which is about 10 million more than NRF’s pre-holiday
The holiday selling season has arrived, and it promises to be a memorable one for several reasons. A decade after the financial crisis that triggered the Great Recession, the U.S. economy has finally stabilized, with low unemployment and strong growth. Those conditions have led retail industry watchers to predict solid sales increases over the next
WASHINGTON — The National Retail Federation will recognize Walmart president and chief executive officer Doug McMillon as “The Visionary,” an award given once a year to an outstanding retail industry leader, during the 2018 NRF Foundation Gala on January 14 in New York City. “From risk-taking acquisitions like Jet.com to investing in the future of the industry by prioritizing workforce solutions and spearheading initiatives that empower businesses to be a
WASHINGTON — After the devastation of this hurricane season it’s hard to find a silver lining, but there’s a glimmer in the latest sales report from the National Retail Federation (NRF) driven by increased demand for building supplies. Retail sales — excluding automobiles, gasoline stations and restaurants — in September increased 0.5% over August on