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| Port Tracker, Supply Chain, Winter Holidays, Economy, Trade
Imports at the nation’s congested container ports are expected to remain at near-record levels for the remainder of the year as retailers rush to move merchandise from docks to shelves in time to meet the expectations of holiday shoppers, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
| Marketing, Digital Retail, Technology
The National Retail Federation today announced a new event designed specifically for professionals in retail marketing, technology and innovation. The inaugural event, NRF Nexus 2022, will take place July 26 – 28 at Terranea Resort in Rancho Palos Verdes, Calif.
| Economy
The National Retail Federation issued a statement from President and CEO Matthew Shay after the House voted to approve a historic Bipartisan Infrastructure Deal.
| Supply Chain
NRF has launched an advertising campaign calling on Congress and the Biden administration to pass essential bipartisan infrastructure legislation now.
| Workforce
NRF issued a statement from Senior Vice President for Government Relations David French in response to the issuance of the Occupational Safety and Health Administration’s new emergency temporary standard.
| Economic Review, Holiday Forecast, Winter Holidays, Economy
The impact of the pandemic on the nation’s economy will be a key factor in 2021 holiday sales but NRF is confident in its forecast for record growth, Chief Economist Jack Kleinhenz says.
| Holiday Forecast
The National Retail Federation forecasted that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between $843.4 billion and $859 billion.
| Economy
As Congressional Democrats and the Biden Administration are negotiating a framework for the multitrillion-dollar reconciliation bill, the National Retail Federation is launching an advertising campaign to educate the public that despite the claims that the bill costs nothing, businesses and consumers will be paying for it.
| Winter Holidays, Consumer Trends
Consumers plan to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
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NRF and member companies will meet with senior U.S. and EU officials this week to discuss transatlantic data flows and additional EU e-commerce policy issues.