NRF: Stopping COVID-19 Key To Retail Recovery
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.
nrf
NRF: Coronavirus Crisis Needs Federal ‘Essential Retail’ Definition
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.
NRF: Coronavirus Impacting Import Outlook
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.
NRF: January Retail Sales Solid
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.
NRF: Coronavirus Hits U.S. Container Port Activity
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.
NRF: Super Bowl Spending To Top $17 Billion
The Super Bowl should be a big deal for retail, the National Retail Federation suggested.
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.
NRF: Strong Finish Drives Holiday Season Sales Gains
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.
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.
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.
Paltrow To Speak At NRF 2020 Vision Show
Actress and goop CEO Gwyneth Paltrow will discuss the story behind her lifestyle and wellness brand at NRF 2020 Vision: Retail’s Big Show in New York City in January.
NRF: Thanksgiving Weekend Draws Nearly 190 Million Shoppers
A record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year, an increase of 14% over last year’s 165.8 million, according to a survey from the National Retail Federation and Prosper Insights & Analytics.
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.
Survey: Generation Z Influencing Purchase Decisions
Members of Generation Z influence a significant amount of household purchases and enjoy spending their own money, according to the latest issue of the Consumer View report released by the National Retail Federation.
NRF Slates Speakers For 2020 Show
The National Retail Federation will gather leaders in retail, technology and business at its 109th annual convention in New York City in January.
NRF: Holiday Retail Sales To Grow Between 3.8% And 4.2%
The National Retail Federation said it expects holiday retail sales during November and December to increase between 3.8% and 4.2% over 2018 to a total of between $727.9 billion and $730.7 billion.
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.
NRF: Concerns Over Tariffs Boost August Import Levels
Imports at the nation’s major retail container ports remained strong in August as retailers and product suppliers looked to beat a new wave of tariffs that took effect September 1.
NRF: July Retail Sales Up As Consumer Spending Gains
Retail sales were up 0.9% in July seasonally adjusted from June and up 5.6% unadjusted year-over-year, according to the National Retail Federation. The numbers exclude automobile dealers, gasoline stations and restaurants.
NRF: Consumers Kept Spending In June
Despite continued concerns about the impact of tariffs on prices of consumer products, shoppers started the summer season by opening their wallets.