Imports rose to unexpected high levels this summer and may have hit a new record as the U.S. economy continues to reopen and retailers stock up for the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, the National Retail Federation said.
Retail sales in July grew more slowly than the month before, the National Retail Federation has reported, but those transactions added to the turnaround that has happened since this spring’s declines.
Imports at major U.S. retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the U.S. economy continues, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The National Retail Federation is moving its annual Retail’s Big Show exposition and conference. It will take place in-person at the Jacob Javits Convention Center in New York City June 6-8, 2021. In addition, NRF is hosting a virtual event, January 12-14, 19 and 21-22, 2021. Both events will feature the theme, “Forward Together.”
Imports at major U.S. retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The National Retail Federation will host Lowe’s president and CEO, Marvin Ellison, as its next guest in its Retail Leadership series.
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic started reopening, the National Retail Federation noted in a review of United States Census Bureau figures, but they remained well below spending levels seen in the month a year ago.
The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The National Retail Federation’s next retail leadership webinar guest will be Hal Lawton, president and CEO, Tractor Supply Company, and NRF board member, on Thursday, June 11, 2020, at 11 a.m. EST.
The National Retail Federation has initiated “Operation Open Doors” to help create guidelines for brick-and-mortar store reopenings, with a new online solution center established in support.
The National Retail Federation has issued a statement welcoming the nearly $500 billion package set for a vote in the U.S. Senate that would increase funding for loans to small businesses and provide other economic aid during the coronavirus pandemic.
NRF chief economist Jack Kleinhenz has stated that the coronavirus pandemic “has triggered shocks” but that the underlying economy is sound, so stopping the spread of COVID-19 is critical.
The National Retail Federation has sent a letter to President Donald Trump and various administration officials, as well as state retail associations, urging the federal government to produce national guidance for state and local governments seeking to clarify “essential retail businesses and services” for their communities.
The coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as factory shutdowns and travel restrictions in China continue to affect production, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The National Retail Federation, citing U.S. Census Bureau figures, reported that retail sales in January increased 0.2% seasonally adjusted over December and increased 2.7% unadjusted year-over-year.
The impact of the coronavirus on business in China, which currently is exacerbating the annual effects of the Lunar New Year, is hitting major retail container ports in the U.S., according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The Super Bowl should be a big deal for retail, the National Retail Federation suggested.
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.
After December strength made up for a shaky November, holiday retail sales for 2019 increased 4.1% versus the year-prior period to $730.2 billion, the National Retail Federation reported.