May 25, 2021 by MMR
Father's Day, National Retail Federation, NRF, NRF President and CEO Matthew Shay, Prosper Vice President of Strategy Phil Rist
Leading Headlines, Retail News, Topics
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
May 14, 2021 by MMR
April retail sales, National Retail Federation
Featured Articles, Leading Headlines, Retail News
WASHINGTON – April retail sales were virtually unchanged from their strong performance in March and grew dramatically year-over-year, the National Retail Federation said on Friday. “In March, we saw a surge in spending as stimulus checks came in, and that spending declined slightly in April,” NRF President and CEO Matthew Shay said. “Year-over-year growth of
May 3, 2021 by MMR
National Retail Federation, National Retail Federation chief economist Jack Kleinhenz, NRF’s Monthly Economic Review
Leading Headlines, Money, Retail News
WASHINGTON — The U.S. economy could be headed for its fastest growth in more than three decades, National Retail Federation chief economist Jack Kleinhenz said on Monday. “While there is a great deal of uncertainty about how fast and far this economy will grow in 2021, surveys show an increase in individuals being vaccinated, more
April 29, 2021 by MMR
debit card swipe fees, Federal Reserve, National Retail Federation, North Dakota Retail Association, Stephanie Martz, swipe fees
Leading Headlines, Retail News
WASHINGTON — Retailers filed a lawsuit on Thursday seeking to compel the Federal Reserve to lower its 10-year-old cap on the “swipe” fees banks charge to process debit card transactions. The suit, filed by the North Dakota Retail Association and the North Dakota Petroleum Marketers Association in U.S. District Court in Bismarck, N.D., charges that
April 22, 2021 by MMR
Mother's Day, National Retail Federation, NRF, NRF President and CEO Matthew Shay
Featured Articles, Leading Headlines, Retail News
WASHINGTON – Consumers are expected to spend a record $28.1 billion to celebrate Mother’s Day this year, according to a survey released Thursday by the National Retail Federation. That is an increase of $1.4 billion from last year. About 83% of U.S. adults are expected to celebrate the holiday this year. “There is a lot
March 31, 2021 by MMR
Matthew Shay, National Retail Federation, National Retail Federation president and CEO Matthew Shay, NRF
Leading Headlines, Retail News, Topics
WASHINGTON – National Retail Federation president and CEO Matthew Shay responded to President Joe Biden’s $2 trillion “American Jobs Plan” by endorsing investments in the nation’s infrastructure, but arguing that hiking the corporate tax rate would hurt the economy. “Improving U.S. roads, railways, bridges and ports will help the retail industry continue to move the
March 25, 2021 by MMR
National Retail Federation, National Retail Federation president and CEO Matthew Shay, Paycheck Protection Program
Leading Headlines, Retail News, Topics
WASHINGTON – The extension of the Paycheck Protection Program is vital to the survival of small businesses, National Retail Federation president and CEO Matthew Shay said Thursday. His remarks followed the Senate’s approval of an extension to the program. “Throughout the past year, countless small businesses have been devastated by the pandemic,” Shay said. “The
March 24, 2021 by MMR
Easter, National Retail Federation, NRF, Prosper Insights & Analytics, retail spending
Leading Headlines, Retail News
WASHINGTON – Consumers plan to spend an average of $179.70 this Easter, the highest figure on record, according to results of the annual survey released Wednesday by the National Retail Federation and Prosper Insights & Analytics. A total of 79% of Americans will celebrate the holiday and spend a collective $21.6 billion, down slightly from
March 10, 2021 by MMR
National Retail Federation, NO on PRO, NRF Senior Vice President for Government Relations David French, PRO, The Protecting the Right to Organize Act
Leading Headlines, Retail News, Topics
WASHINGTON – The National Retail Federation said legislation passed by the House to expand the power of labor unions would infringe on the rights of both businesses and workers and called on the Senate to vote against the measure. “The PRO Act would fundamentally redefine labor relations,” NRF Senior vice president for Government Relations David
March 8, 2021 by MMR
National Retail Federation, National Retail Federation president and CEO Matthew Shay
Leading Headlines, Retail News, Topics
WASHINGTON – The Democratic-controlled Senate on Saturday passed President Joe Biden’s $1.9 trillion COVID-19 relief package which would provide millions of Americans with $1,400 direct payments, billions of dollars for vaccine distribution, and funds to help reopen schools and colleges. The chamber passed the bill following a session that began around 9 a.m. Friday and
February 24, 2021 by MMR
National Retail Federation, NRF, NRF President and CEO Matthew Shay
Featured Articles, Leading Headlines, Retail News, Topics
WASHINGTON – The National Retail Federation said Wednesday that it expects U.S. retail sales to grow between 6.5% and 8.2% this year, topping $4.33 trillion, as more Americans get vaccinated and the economy reopens. “Despite the continuing health and economic challenges COVID-19 presents, we are very optimistic that healthy consumer fundamentals, pent-up demand and widespread
February 17, 2021 by MMR
January retail sales, January sales, National Retail Federation, NRF chief economist Jack Kleinhenz, NRF President and CEO Matthew Shay
Leading Headlines, Retail News, Topics
WASHINGTON – Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020’s record holiday season carried over into the new year, the National Retail Federation said Wednesday. “January’s retail sales numbers reflect a very strong start for consumers and retailers as we look ahead to a critical year