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Retail
IBM: Consumer Shopping Priorities Changing

In conjunction with the National Retail Federation’s Big Show, IBM released a study on global consumer trends demonstrating the importance of brand purpose and suggesting that purpose surpasses cost and convenience for today’s shoppers.

Retail
NRF Names New Chairman, Board Members

The National Retail Federation has elected Mike George, Qurate Retail’s president and CEO, chairman of the NRF board of directors. George replaces BJ’s Wholesale Club chairman and CEO Christopher Baldwin, who has served since January 2018.

Retail
NRF: Retail Imports Returning To Normal Levels

After a year of fluctuations driven by the uncertainty of the trade dispute with China, volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Retail
NRF: Holiday Shopping Concentrated Earlier

More than half of consumers began shopping for the holiday by the first week of November and almost a quarter of purchases were made by then, according to an annual survey published by the National Retail Federation and Prosper Insights & Analytics.

Retail
NRF: Retail Sales Up In August

Retail sales were up 0.4% in August seasonally adjusted from July and up 4.6% unadjusted year-over-year, reported the National Retail Federation. The numbers exclude automobile dealers, gasoline stations and restaurants.

Retail
NRF: Import Levels Expected To Remain Strong

The flow of imports at the nation’s major ports is expected to remain strong, according to the National Retail Federation, but growth in the months ahead is expected to be modest compared to 2018 given the rush last year to beat tariffs.

Retail
New Round Of Proposed Tariffs Includes Housewares

Several housewares and home goods categories are in the crosshairs of a potential next round of 25% tariffs that could be imposed by the Trump administration on an additional $300 billion in Chinese-made goods. This follows the 25% tariffs that were imposed on $200 billion worth of Chinese-made products that went into effect on Friday, May 10.

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