Media Center

The seventh annual NRF Foundation Honors took place April 13 at the Marriott Marquis Times Square to recognize the exceptional leadership of retail executives and to support the next generation of industry talent. The event raised $3.22 million to fund the NRF Foundation’s programs and resources that connect people to life-changing careers in retail.

Retail sales grew in March even as inflation edged higher, NRF said.

Four executives were named members of the NRF Foundation Board of Directors during its meeting on April 13.

The nation’s major retail container ports have begun to catch up with the backlog of cargo seen over the past several months, but could experience another surge this summer, according to the monthly Global Port Tracker report from NRF and Hackett Associates.

NRF welcomed a federal appeals court ruling that payment processing network Pulse can sue Visa over practices it claims reduce competition over who gets to process billions of dollars in debit card transactions each year.

Top challenges have shifted from COVID-19 to inflation and the war in Ukraine, but the U.S. economy will continue to face uncertainties in the year ahead, NRF Chief Economist Jack Kleinhenz says.

NRF has hired veteran trade association attorney Ceara Flake as vice president and deputy general counsel.

Consumers plan to spend an average $169.79 this year on Easter-related items, according to results of the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

NRF welcomed the announcement that a long-sought agreement in principle on transatlantic data flows has been reached between the United States and the European Union.

The National Retail Federation released its annual list of the Top 50 Global Retailers.