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Media Center
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Card Not Present® (CNP) and the National Retail Federation (NRF) today announced their industry partnership, which will encompass year-round content sharing, co-marketing, and collaboration for NRF’s summer 2021 launch of NRF Retail Converge and future NRF PROTECT events - providing comprehensive retail industry security education and solutions across loss prevention, digital fraud prevention, and cyber risk.
| Trade, Supply Chain
The National Retail Federation today issued the following statement from NRF President and CEO Matthew Shay in response to the release of President Joe Biden’s $2 trillion “American Jobs Plan” to improve the nation’s infrastructure system.
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NRF and the Retail Industry Leaders Association have asked to intervene in longstanding class-action litigation brought by merchants against Visa and Mastercard over fees charged to process credit card transactions.
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The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the Senate’s approval to extend the Paycheck Protection Program.
| Trade, Supply Chain
The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French in response to a House committee hearing on transportation infrastructure. U.S. Secretary of Transportation Pete Buttigieg provided testimony on behalf of the Biden Administration.
| Consumer Trends, Holidays & Seasonal, Easter, Economy, Retail Sales, Forecasts
Consumers plan to spend an average of $179.70 this Easter, the highest figure on record, according to results of the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. A total of 79 percent of Americans will celebrate the holiday and spend a collective $21.6 billion, down slightly from last year's pre-pandemic forecast of $21.7 billion.
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The American Apparel & Footwear Association, Footwear Distributors and Retailers of America, National Retail Federation, Retail Industry Leaders Association, and The United States Fashion Industry Association applaud today’s announcement of a global approach to end the campaign of oppression against Uyghurs and other ethnic Muslim minorities in the Xinjiang Uyghur Autonomous Region (Xinjiang).
| Workforce
The National Retail Federation today issued the following statement from President and CEO Matthew Shay in response to the House passage of the American Dream and Promise Act of 2021.
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NRF welcomed Visa and Mastercard's delay of an estimated $1.2 billion increase in credit card swipe fees but said the delay should be made permanent.
| Retail Sales, Economy
Retail sales gained considerable year-over-year traction in February – despite a monthly slowdown from unusually high numbers in January – as increased COVID-19 vaccination, government stimulus and reduced restrictions on businesses continued to impact the pace of spending, according to NRF.