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| Economy, Workforce
The National Retail Federation issued the following statement from President and CEO Matthew Shay advocating for the retail workforce to be included among the early recipient groups for the COVID-19 vaccine.
| Retail Sales, Winter Holidays
November retail sales dipped from the month before but still showed the sixth consecutive monthly year-over-year gain by government calculations and set the stage for a healthy holiday shopping season compared with last year despite the pandemic, NRF said.
| Loss Prevention, Organized Crime
Organized retail crime is continuing to grow, with the number of dollars lost topping a key threshold for the fifth year in a row and three-quarters of retail companies that have been victims saying activity is up, according to the 16th annual ORC study from NRF.
| Port Tracker, Winter Holidays, Supply Chain, Trade, Economy
Imports remain strong after setting new records this fall as retailers stocked up both stores and warehouses for the holiday season and met new demands for quick delivery of online orders, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
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NRF, AAFA, FDRA, RILA and USFIA are working together to address the situation.
| Economic Review, Holiday Forecast, Winter Holidays, Retail Sales, Economy
With the coronavirus pandemic presenting unique circumstances for the nation’s economy, forecasting retail holiday sales this year was more challenging than ever before, National Retail Federation Chief Economist Jack Kleinhenz says.
| Economy, Small Business
We are encouraged by news of bipartisan discussions about meaningful and comprehensive stimulus measures to help support consumers, small businesses, states and health care professionals.
| Consumer Trends, Holidays & Seasonal, Winter Holidays
An estimated 186.4 million consumers took advantage of the Thanksgiving holiday weekend and shopped in-store and online this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
| Winter Holidays, Holiday Forecast, Economy, Retail Sales
With retail sales rebounding strongly due to continued consumer resilience, the National Retail Federation today forecast that holiday sales during November and December will increase between 3.6 percent and 5.2 percent over 2019 to a total between $755.3 billion and $766.7 billion.
| Economy
A New York City gift shop owner testifying on behalf of NRF called on Congress to approve legislation that would help businesses obtain insurance coverage for future pandemics.