Media Center

NRF Foundation announcement of the Next Generation Scholarship finalists

With close to zero revenue coming in the door for many bricks-and-mortar retail operations during the COVID-19 stay-at-home orders, retailers and their landlords are working together to address outstanding rent obligations, the National Retail Federation and PJ SOLOMON said today.

Today the White House honored the National Retail Federation with the Pledge to America’s Workers Presidential Award, recognizing the NRF Foundation’s RISE Up initiative.

NRF, AAFA, FDRA, RILA and USFIA are working together to address the situation.

Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, NRF said.

Like many holidays this year, Americans are planning to celebrate Halloween despite the ongoing coronavirus pandemic. The autumnal holiday may look a little different this year, but consumers are finding ways to safely mark the occasion.

Imports surged to unexpected high levels this summer and may have hit a new record as the U.S. economy continues to reopen and retailers stock up for the holiday season, according to the monthly Global Port Tracker report from NRF and Hackett Associates.

NRF Chief Economist Jack Kleinhenz says data indicating small business owners are increasingly pessimistic about the coronavirus shows the need for continued economic stimulus measures.

Most families still don’t know what supplies students need for school and college this year, but more expect at least some classes to take place online than a month ago and say they are buying more computers and other items to be ready, according to NRF and Prosper Insights & Analytics.

Retail sales continued to recover from the impact of the coronavirus pandemic in July, growing more slowly than the month before but adding to the strong turnaround seen since this spring’s declines, NRF said.