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NRF forecasts holiday sales will increase between 4.3 and 4.8 percent
The National Retail Federationannouncedtoday thatit expectsholiday retail sales inNovember and December – excluding automobiles, gasoline and restaurants – toincrease between 4.3 and 4.8 percent over 2017 for a total of $717.45 billion to $720.89 billion.
Holiday forecast, Holiday sales, Holiday season, Economy
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Retailers applaud U.S., Canada and Mexico officials for reaching trilateral agreement on NAFTA
The National Retail Federation issued the following statement from President and CEO Matthew Shay after the U.S., Canada and Mexico reached a deal updating the North American Free Trade Agreement.
NAFTA, International trade, Canada, Mexico, Public Policy
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Family owned Nebraska retailer says tariffs will cause ‘sticker shock’ for consumers, hurt small businesses
At an event in Washington today featuring small business owners, manufacturers and a farmer harmed by tariffs, the owner of a Nebraska electronics and appliance store represented the National Retail Federation and discussed how the growing trade war will hurt his business and customers.
Small Business, Tariffs, Public Policy
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NRF to recognize Levi Strauss & Co. President and CEO Chip Bergh as The Visionary 2019
The National Retail Federation announced that it will recognizeLevi Strauss & Co PresidentandCEO Chip Bergh as“The Visionary,” an award given once a year to anoutstanding retail industry leader,duringthe2018NRF FoundationGala on January 13in New York City.
The List, The Visionary, NRF Foundation, Levi Strauss & Co., Awards, Leadership, Social Responsibility
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Halloween spending to reach $9 Billion
Total spending for Halloween is expected to reach $9 billion in 2018, the second highest in the survey’s 14-year history. The figure is relatively the same as last year’s previous record of $9.1 billion.
Halloween, Consumer Trends, Top costumes, Pet costumes
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Retailers say new settlement proposal still fails to bring billions in credit card swipe fees under control
The National Retail Federation today said a proposed new class action settlement, which purports to resolve claims that Visa and MasterCard set credit card swipe fees in a multi-billion dollar price-fixing scheme, largely resembles part of an agreement that both a federal appellate court and the retail industry had already rejected.
Swipe Fees, Credit Cards, Public Policy
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Retailers warn ‘risk to U.S. consumers grows’ with tariff escalation
The National Retail Federation today issued a statement from President and CEO Matthew Shay in response to the Trump administration’s decision to implement tariffs on $200 billion in imported goods.
Trade, Tariffs, Public Policy
| Retail Sales
August retail sales increase 5 percent over last year
Economy, Retail sales
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Retailers welcome proposed joint employer rule
NRF says a proposed new joint employer definition offered by the NLRB would provide legal clarity surrounding business-to-business relationships and reverse a controversial Obama-era joint employer standard.
Public Policy
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Shop.org innovation award winners set to revolutionize retail shopping experience
The National Retail Federation today announced the winners of its inaugural Innovation Awards, a new competition to acknowledge cutting-edge tech startups and other companies using the best and latest technology to revolutionize the retail shopping experience.
Innovation labs, Shop.org, Retail Trends