ULTI_1170x120_2-25-20

National Retail Federation

Retailers urge state and local leaders to coordinate COVID-19 response

Retailers urge state and local leaders to coordinate COVID-19 response

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

NRF says consumers continue to drive economy

NRF says consumers continue to drive economy

WASHINGTON — Retail sales should grow by 3.5% to 4.1% this year, according to a forecast released Wednesday by the National Retail Federation.The trade group is forecasting that sales in 2020 will top $3.9 trillion, despite uncertainty from the lingering trade war, the coronavirus outbreak and the presidential election. “The nation’s record-long economic expansion is

NRF says modest sales gains in November

NRF says modest sales gains in November

WASHINGTON – Retail sales growth was modest in November, but the National Retail Federation still expects a strong holiday season for retailers. Retail sales in November increased 0.1% seasonally adjusted over October and were up 2.1% unadjusted year-over-year, according to the NRF, which noted that the numbers exclude automobile dealers, gasoline stations and restaurants. “November

Thanksgiving weekend spending up 16%

Thanksgiving weekend spending up 16%

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%

NRF study says holiday shopping beginning earlier

NRF study says holiday shopping beginning earlier

WASHINGTON – More than half of consumers have already started their holiday shopping and nearly a quarter of purchases have already been made, according to the annual survey recently released by the National Retail Federation and Prosper Insights & Analytics. “This is further evidence that the holiday season has grown far beyond the period between

Holiday shoppers plan to spend 4% more this year

Holiday shoppers plan to spend 4% more this year

WASHINGTON — Consumers say they will spend an average of $1,047.83 this holiday season, up 4% from the $1,007.24 they said they would spend last year, according to the annual survey released Thursday by the National Retail Federation and Prosper Insights & Analytics. Shoppers between the ages of 35 and 44 plan to spend the

Retail sales up in July

Retail sales up in July

WASHINGTON — Retail sales were up 0.9% in July seasonally adjusted from June and up 5.6% unadjusted year-over-year, the National Retail Federation said this week. The numbers exclude sales by automobile dealers, gasoline stations and restaurants. “July’s strong results are consistent with a confident consumer,” said NRF chief economist Jack Kleinhenz. “Households are in good

Father’s Day spending expected to hit record numbers

Father’s Day spending expected to hit record numbers

WASHINGTON – Americans are expected to spend a record $16 billion on Father’s Day gifts this year, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics. That’s up from last year’s $15.3 billion. “Fathers, husbands and sons can expect to feel the love this Father’s Day,” NRF president and CEO

NRF calls latest tariffs a big gamble

NRF calls latest tariffs a big gamble

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.

Retail sales bounce back in January

Retail sales bounce back in January

WASHINGTON – Retail sales rebounded in January, the National Retail Federation said on Monday. Sales increased by 1.3% seasonally adjusted from December and by 3.6% unadjusted year-over-year. The numbers exclude automobile dealers, gasoline stations and restaurants.“Retail sales recovered in January after the unexpected drop in December, reinforcing a positive start to 2019,” NRF chief economist

NRF reports holiday sales gains less than anticipated

NRF reports holiday sales gains less than anticipated

WASHINGTON – The holiday season turned out not to have been a particularly merry one for retail sales, the National Retail Federation said on Thursday. Retail sales grew a lower-than-expected 2.9% during the two-month period, according to the NRF, which cited U.S. Commerce Department data that had been delayed by nearly a month because of

Thanksgiving weekend multichannel shopping up 40%

Thanksgiving weekend multichannel shopping up 40%

WASHINGTON — From Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped either in stores or online, surpassing the 164 million who had said they would shop in a consumer sentiment survey conducted ahead of the holiday, the National Retail Federation and Prosper Insights & Analytics said. The average shopper spent $313.29 on

Retailers say credit card swipe fee proposed settlement won’t work

Retailers say credit card swipe fee proposed settlement won’t work

WASHINGTON – The National Retail Federation said a proposed new class action settlement, which purports to resolve claims that Visa and MasterCard set credit card swipe fees in a multi-billion dollar price-fixing scheme, largely resembles part of an agreement that both a federal appellate court and the retail industry had already rejected. “The monetary settlement

NRF reports July retail sales increased 4.9%

NRF reports July retail sales increased 4.9%

WASHINGTON – July retail sales were up 0.4% seasonally adjusted from June and increased 4.9% unadjusted year-over-year, giving the industry a solid kickoff for the third quarter as consumers continued to spend despite concerns about the growing trade war, the National Retail Federation reported today. The numbers exclude automobiles, gasoline stations and restaurants. “Today’s numbers

1 2 3 4