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The National Retail Federation

NRF study: Most consumers think retail crime is up

NRF study: Most consumers think retail crime is up

WASHINGTON – More than half (55%) of consumers believe retail crimes such as shoplifting and looting stores have increased in their community since the onset of the pandemic, according to a survey released Thursday by the National Retail Federation. The survey, in which NRF asked consumers a series of questions relating to crime, retail theft and

NRF: Retail sales growth will moderate this year

WASHINGTON — The National Retail Federation (NRF) expects retail sales growth to slow this year as the pandemic-fueled spending boom fades and inflation forces shoppers to tighten their belts. In its annual forecast, NRF foresees retail sales of between $5.13 trillion and $5.23 trillion on growth of between 4% and 6% from 2022 levels. “While

Retailers urge tariff cuts to fight inflation

Retailers urge tariff cuts to fight inflation

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

Holiday sales climbed 2.9% from 2017

WASHINGTON — The National Retail Federation (NRF) said holiday sales were up 2.9% from a year ago, rising at a slower pace than the association had forecast. “All signs during the holidays seemed to show that consumers remained confident about the economy,” said NRF president and chief executive officer Matthew Shay. “However, it appears that

NRF holiday retail sales forecast reflects strength

WASHINGTON — The National Retail Federation (NRF) has projected holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — to increase between 4.3% and 4.8% over 2017 to $717.45 billion to $720.89 billion. The forecast compares with an average annual increase of 3.9% over the past five years. “Our forecast reflects