July 11, 2022 by MMR
Jack Kleinhenz, National Retail Federation, NRF, recession, U.S. economy
2022, Issue 07-11-2022, Issues
WASHINGTON — A favorable consumer outlook over the next few months might be enough to keep the U.S. economy from tipping into a recession in 2022, according to National Retail Federation (NRF) chief economist Jack Kleinhenz. “The economy is moving away from extremely strong growth toward moderate growth, but increased income from employment gains, rising
June 15, 2022 by MMR
Inflation, National Retail Federation, NRF, retail sales
Featured Articles, Leading Headlines, Money, Retail News
WASHINGTON – Retail sales slowed in May as consumers faced continuing inflation and higher prices for essentials like food and gasoline, the National Retail Federation said Wednesday. “Retail sales are reflecting Americans’ growing concern about inflation and its impact on the cost of everything from groceries to gas,” NRF president and CEO Matthew Shay said.
June 8, 2022 by MMR
imports from China, Inflation, Matthew Shay, National Retail Federation president and CEO Matthew Shay, NRF, tariffs, The National Retail Federation
Leading Headlines, Retail News
WASHINGTON – The National Retail Federation urging the Biden administration to repeal tariffs on goods from China as a way to fight inflation, the trade group said Wednesday. To get that message out, the NRF said it is launching the second phase of a seven-figure advocacy campaign with broadcast, digital and out-of-home advertising, including a
April 1, 2022 by MMR
Chief Economist Jack Kleinhenz, National Retail Federation, NRF
Leading Headlines, Money, Topics
WASHINGTON – Top challenges have shifted from COVID-19 to inflation and the war in Ukraine, but the U.S. economy will continue to face uncertainties in the year ahead, National Retail Federation Chief Economist Jack Kleinhenz said Friday. “While the public health situation has greatly improved, the impact of the pandemic continues to spread,” Kleinhenz said.
March 28, 2022 by MMR
Easter, National Retail Federation, NRF, Prosper Insights & Analytics
Leading Headlines, Retail News
WASHINGTON – Eighty percent of Americans plan to celebrate Easter this year and will collectively spend $20.8 billion to mark the holiday, according to a survey released Monday by the National Retail Federation and Prosper Insights & Analytics. That projected figure is down slightly from last year’s forecast of $21.6 billion. “Consumers are eager to
March 25, 2022 by MMR
David French, National Retail Federation, NRF, NRF Senior Vice President for Government Relations David French
Leading Headlines, Retail News, Topics
WASHINGTON – The National Retail Federation welcomed the announcement Friday that a long-sought agreement in principle on transatlantic data flows has been reached between the United States and the European Union. “Transatlantic data flows are vitally important to global retailers that operate establishments in Europe or sell goods online or by mobile apps to European
March 23, 2022 by MMR
2022 Top 50 Global Retailers, National Retail Federation, NRF
Leading Headlines, Retail News
WASHINGTON – The National Retail Federation released Wednesday its annual list of the Top 50 Global Retailers. Conducted with Kantar, the 2022 Top 50 Global Retailers list is a compilation of the 50 most impactful international retailers based on their operations at the start of 2021. Walmart continues to be the world’s largest retailer, having made
March 16, 2022 by MMR
February sales, Jack Kleinhenz, Matthew Shay, National Retail Federation, NRF
Featured Articles, Leading Headlines, Money, Retail News
WASHINGTON – Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, the National Retail Federation said Wednesday. “Retail sales data continues to show impressive consumer resilience,” NRF president and CEO
February 28, 2022 by MMR
January sales, NRF, retailers
2022, Issue 02-28-2022, Issues
WASHINGTON — Omicron, inflation and bad weather in much of the country were not enough to stop consumers from shopping in January, according to figures from the Census Bureau and the National Retail Federation (NRF). Retail sales posted strong gains in January despite those and other challenges. “January’s numbers show that 2022 is starting very
February 9, 2022 by MMR
Global Port Tracker, NRF, retail imports
Leading Headlines, Retail News
WASHINGTON – Congestion at retail container ports is expected to ease in the first half of 2022 as import growth slows, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “We’re not going to see the dramatic growth in imports we saw this time last year,
February 1, 2022 by MMR
National Retail Federation, National Retail Federation chief economist Jack Kleinhenz, NRF
Featured Articles, Leading Headlines, Retail News
WASHINGTON – National Retail Federation chief economist Jack Kleinhenz said Tuesday that the Federal Reserve’s efforts to curb inflation should not derail the U.S. economy’s continued growth. “There is plenty of room to raise rates without threatening the economy,” he said. Kleinhenz’s remarks came in the February issue of NRF’s Monthly Economic Review, which said
January 31, 2022 by MMR
Brian Cornell, National Retail Federation’s NRF 2022: Retail’s Big Show, NRF
2022, Issue 01-31-2022, Issues
NEW YORK — Since taking the reins at Target Corp. in 2014 Brian Cornell’s game plan has involved listening to customers, then making sure the company has the flexibility to deliver on what’s most important to them. Following the strategy has led Target to a pretty good place: The retailer is coming out of an