December 15, 2021 by Chain Drug Review
National Retail Federation, NRF chief economist Jack Kleinhenz
Business, Leading Headlines, Retail News
WASHINGTON – Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19, the National Retail Federation said Wednesday. “Despite economic headwinds, November retail sales data confirms that consumers continue to spend, as demonstrated by a 14% increase in sales
September 14, 2021 by Chain Drug Review
National Retail Federation
Leading Headlines, Retail News
WASHINGTON – The National Retail Federation said Tuesday that Target chairman and CEO Brian Cornell will receive its “The Visionary” award. The award will be presented during the seventh annual NRF Foundation Honors on January 16 in New York City. “Brian Cornell’s purpose-driven leadership and strategic vision reflect an unwavering commitment to his team, and
June 1, 2021 by Chain Drug Review
Edward Egee, Equal Employment Opportunity Commission, National Retail Federation, NRF
Leading Headlines, Retail News
WASHINGTON – The National Retail Federation on Friday welcomed guidance from the Equal Employment Opportunity Commission indicating that companies can reward employees who get vaccinated. “Retailers have consistently recommended that employees and customers get vaccinated against COVID-19, barring a disability or religious-based objection,” said Edward Egee, NRF vice president of government relations and workforce development.
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
December 16, 2020 by Chain Drug Review
National Retail Federation, National Retail Federation president and CEO Matthew Shay
Business, Leading Headlines, Retail News
WASHINGTON – Retail sales slipped in November compared to the month before, as the surging pandemic suppressed store traffic. But sales were still up compared to last November, and the National Retail Federation still expects a happy holiday season for retailers.“Consumers held back on spending in November as virus rates spiked, states imposed retail restrictions and congressional
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
April 15, 2020 by Chain Drug Review
March retail sales, National Retail Federation, NRF chief economist Jack Kleinhenz, retail sales
Leading Headlines, Retail News
WASHINGTON — Total retail sales fell dramatically in March as the coronavirus pandemic forced restaurants, bars and many stores to temporarily close across the nation. But sales soared at grocery stores and were up at other retailers deemed “essential” as well, offsetting some of the decline. Sales at health and personal care stores, which include
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
February 26, 2020 by Chain Drug Review
National Retail Federation, NRF chief economist Jack Kleinhenz
Business, Featured Articles, Leading Headlines, Retail News
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
December 13, 2019 by Chain Drug Review
Jack Kleinhenz, National Retail Federation, National Retail Federation still expects a strong holiday season for retailers
Business, Leading Headlines, Retail News
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
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%
November 25, 2019 by Chain Drug Review
National Retail Federation, NRF president and chief executive officer Matthew Shay, Phil Rist
Business, Leading Headlines, Retail News
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
October 24, 2019 by Chain Drug Review
holiday shopping season, National Retail Federation, NRF president and chief executive officer Matthew Shay
Business, Leading Headlines, Retail News
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
August 16, 2019 by Chain Drug Review
National Retail Federation, NRF chief economist Jack Kleinhenz, retail sales
Business, Leading Headlines, Retail News
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