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| Port Tracker, Trade, Economy, Supply Chain
Congested Retail Ports to See Welcome Break From Rapid Import Growth During First Half of 2022
Imports at the nation’s congested container ports are expected to grow modestly during the first half of 2022, but continued high volumes will keep up pressure that built as the economy bounced back from the pandemic last year, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
Global Port Tracker, Port Tracker, Cargo, Cargo Containers, Import Cargo, Import Cargo Volume, Imports, International trade, Coronavirus
| Supply Chain
NRF Statement on Senate Introduction of Ocean Shipping Reform Act
The National Retail Federation issued the following statement from Senior Vice President of Government Relations David French after the Ocean Shipping Reform Act (OSRA) of 2021 was introduced in the Senate.
Supply Chain, Infrastructure, Coronavirus, Transportation
| Economy, Economic Review
NRF Chief Economist Says Growth Likely to Continue Even as Fed Works to Slow Inflation
Coming up on two years since the short-lived 2020 recession, the United States appears to be at the midpoint of an economic cycle that should continue to see growth even as the Federal Reserve raises interest rates to bring inflation under control, NRF Chief Economist Jack Kleinhenz says.
Monthly Economic Review, Economy, Inflation, Federal Reserve, Coronavirus
| Valentine's Day, Consumer Trends, Holidays & Seasonal
Americans to Spend $23.9 Billion on Valentine’s Day This Year
Valentine’s Day spending is expected to reach $23.9 billion this year, up from $21.8 billion in 2021 and the second-highest year on record, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.  
Valentine's Day, Consumer Data, Consumer Spending, Holiday sales
| Consumer Trends, Retail Sales
Retail Returns Increased to $761 Billion in 2021 as a Result of Overall Sales Growth
Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released by the National Retail Federation and Appriss Retail.
Consumer Research, Survey, Retail sales
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NRF Foundation Board Names Bloomingdale’s Chairman and CEO Tony Spring New Chair, Adds Directors
The NRF Foundation Board of Directors named a new chair and added a director during its virtual meeting on Jan. 14.
NRF Foundation Board of Directors, NRF Foundation
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Walmart U.S. President and CEO Named Chair of NRF Board of Directors
The National Retail Federation announced Walmart U.S. President and CEO John Furner has been elected chairman of the NRF Board of Directors.
NRF Board of Directors, NRF 2022
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Walmart U.S. President and CEO Named Chair of NRF Board of Directors
NRF announced Walmart U.S. President and CEO John Furner has been elected chairman of the NRF Board of Directors. Furner replaces former Qurate Retail, Inc. President and CEO Mike George, who has served in the role since 2020.
NRF Board of Directors, NRF 2022
| Winter Holidays, Holiday Forecast, Retail Sales, Forecasts, Economy, Holiday Planning Playbook
NRF Says 2021 Holiday Sales Grew 14.1 Percent to Record $886.7 Billion
Retail sales during 2021’s November-December holiday season grew 14.1 percent over 2020 to $886.7 billion, easily beating NRF's forecast and setting a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic.
Holiday sales, Retail sales, Economy, Coronavirus, Holiday forecast, Forecasts
| Workforce, Economy
NRF Responds to Supreme Court Decision on OSHA Employer Vaccine Mandate
NRF statement regarding the U.S. Supreme Court’s decision to reimpose a stay of the Occupational Safety and Health Administration’s (OSHA) COVID-19 employer-based vaccination and testing Emergency Temporary Standard (ETS).
Coronavirus