BEIERS_1170x120

NRF President and CEO Matthew Shay

NRF forecasts strong holiday season sales

NRF forecasts strong holiday season sales

WASHINGTON— The National Retail Federation said on Wednesday that holiday retail sales this November and December will increase between 4.3% and 4.8% over last year’s figures. The average annual increase over the past five years has been 3.9%. “Our forecast reflects the overall strength of the industry,” NRF President and CEO Matthew Shay said in

NRF urges Supreme Court to “level playing field”

NRF urges Supreme Court to “level playing field”

WASHINGTON — The U.S. Supreme Court is set to hear oral arguments Tuesday on the question of whether online sellers can be required to collect sales tax in the same way that brick-and-mortar stores in local communities do. The National Retail Federation contends that they should, arguing in a brief filed in November that changing technology has

NRF projects strong spending for Easter

NRF projects strong spending for Easter

WASHINGTON — Easter spending is expected to total $18.2 billion this year, according to a survey released Thursday by the National Retail Federation and Prosper Insights & Analytics. A total of 81% of Americans will celebrate the holiday and spend an average of $150 per person, the survey found. That is down from last year’s

Walmart’s McMillon talks tech, people

Walmart’s McMillon talks tech, people

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,”

NRF: holiday sales to rise 3.6% to 4%

NRF: holiday sales to rise 3.6% to 4%

WASHINGTON — The National Retail Federation on Tuesday forecast that holiday retail sales in November and December will increase between 3.6% and 4% over last year, to total $678.75 billion. “Our forecast reflects the very realistic steady momentum of the economy and overall strength of the industry,” NRF president and CEO Matthew Shay said. “Although this

NRF: Late Easter should bring record spending

NRF: Late Easter should bring record spending

WASHINGTON – Easter will come nearly three weeks later this year than in 2016, and the National Retail Federation forecasts that the extra time will translate into higher sales for American retailers. According to NRF’s annual survey conducted by Prosper Insights & Analytics, spending for Easter is expected to reach $18.4 billion this year, up

Retailers should see green on St. Patrick’s Day

Retailers should see green on St. Patrick’s Day

WASHINGTON – American consumers are expected to spend $5.3 billion to celebrate St. Patrick’s Day this year, according to the National Retail Federation. The retail group said Wednesday that the amount marked a record high in the 13-year history of NRF’s annual survey on consumer spending plans for the holiday, conducted by Prosper Insights &