January 31, 2022 by Chain Drug Review
Matthew Shay, NRF, Valentine’s Day
Business, Featured Articles, Leading Headlines, Retail News
WASHINGTON – Valentine’s Day spending is expected to reach $23.9 billion this year, up from $21.8 billion in 2021 and the second-highest year on record, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “Following the historic level of consumer spending over the winter holidays, it appears
September 22, 2021 by Chain Drug Review
Matthew Shay, NRF
Business, Leading Headlines, Retail News
WASHINGTON – Consumer spending on Halloween-related items is expected to reach an all-time high of $10.14 billion this year, the National Retail Federation said Wednesday. That’s up from $8.05 billion in 2020. “Americans plan to spend more than ever to make this Halloween a memorable one,” NRF president and CEO Matthew Shay said. “Retailers have
July 19, 2021 by Chain Drug Review
back to school supplies, Matthew Shay, National Retail Federation (NRF)
Business, Leading Headlines, Retail News
WASHINGTON – Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released Monday by the National Retail Federation and Prosper Insights & Analytics. “The pandemic forced parents and their school-aged children to quickly adapt to
June 15, 2021 by Chain Drug Review
Matthew Shay, NRF
Business, Leading Headlines, Retail News
WASHINGTON – Retail sales in May were down compared to April but up strongly year-over-year, the National Retail Federation said Tuesday. “While May retail sales were down slightly, largely due to supply chain constraints, the more accurate indicator remains in the year-over-year data which, as the NRF calculates, showed growth of over 17%,” NRF president
May 25, 2021 by Chain Drug Review
Father's Day, Matthew Shay, National Retail Federation, NRF
Business, Leading Headlines, Retail News
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
March 24, 2021 by Chain Drug Review
Matthew Shay, NRF
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 6, 2021 by Chain Drug Review
Matthew Shay, NRF, Senate passage of President Biden's $1.9T coronavirus aid package
Business, Leading Headlines
WASHINGTON — The National Retail Federation issued the following statement from president and CEO Matthew Shay in response to the Senate passage of President Biden’s $1.9T coronavirus aid package. “Ensuring that the American people are given the opportunity to quickly and safely get vaccinated against COVID-19 is the most critical component of the legislation passed
November 23, 2020 by Chain Drug Review
2020 holiday shopping, Matthew Shay, National Retail Federation
Business, Leading Headlines, Retail News
WASHINGTON – The National Retail Federation forecast Monday that holiday sales during November and December will increase between 3.6% and 5.2% compared to 2019, totaling between $755.3 billion and $766.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with a 4%t increase to $729.1 billion last year and an average holiday
July 9, 2020 by Chain Drug Review
Big Show annual convention and expo, Matthew Shay, NRF
Business, Leading Headlines, Retail News
WASHINGTON — The National Retail Federation is postponing its Big Show annual convention and expo, normally held in January, until June 2021. But NRF said Thursday that it also plans to hold a virtual event in January. Both events will feature the theme “Forward Together.” “The health and safety of our team, industry partners and
June 16, 2020 by Chain Drug Review
COVID-19, Matthew Shay, National Retail Federation chief economist Jack Kleinhenz, NRF, retail sales
Business, Leading Headlines, Retail News
WASHINGTON — The reopening of stores shuttered by the COVID-19 outbreak boosted retail sales in May, which were up dramatically compared to April, the National Retail Federation reported Tuesday. But sales were still way down from the same period last year. “Today’s sales report is very encouraging news at a time when we need to
June 1, 2020 by Chain Drug Review
George Floyd, Matthew Shay, NRF
Leading Headlines, Retail News
WASHINGTON – The National Retail Federation issued on Monday the following statement from president and CEO Matthew Shay regarding incidents involving retail stores across the country following the death of George Floyd in Minneapolis: “It is with deep dismay and shared outrage that our communities express their anger and frustration through peaceful protests over the
March 16, 2020 by Chain Drug Review
Matthew Shay, National Retail Federation, Retail Industry Leaders Association, Retail Industry Leaders Association (RILA), RILA president Brian Dodge
Business, Leading Headlines, Retail News
WASHINGTON — Retailers are asking state governors and mayors to reach out to retail leaders before issuing decisions to close or curtail retail business operations as they work to slow the spread of the COVID-19 virus. In a letter sent to Governor Larry Hogan, chairman of the National Governors Association and Mayor Bryan Barnett, president of
December 3, 2019 by Chain Drug Review
Black Friday, Cyber Monday, Matthew Shay, National Retail Federation, NRF by Prosper Insights & Analytics, Thanksgiving
Leading Headlines, Retail News
WASHINGTON — Americans shopped in record numbers over this year’s Thankgiving holiday weekend, the National Retail Federation reported on Tuesday. A survey conducted for the NRF by Prosper Insights & Analytics found that a record 189.6 million U.S. consumers shopped in stores and online from Thanksgiving Day through Cyber Monday this year. That’s up 14%
May 14, 2019 by Chain Drug Review
Matthew Shay, National Retail Federation, Trump administration’s imposition of additional tariffs on Chinese goods puts the U.S. economy and American jobs at risk
Business
WASHINGTON – The National Retail Federation has warned that the Trump administration’s imposition of additional tariffs on Chinese goods puts the U.S. economy and American jobs at risk. “We support the administration’s efforts to deliver a meaningful trade agreement that levels the playing field for American businesses and workers,” NRF president and CEO Matthew Shay.