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| Careers & Leadership
The NRF Foundation today announced four new additions to its Board of Directors. The new members were elected during the organization’s winter board meeting in New York City, ahead of NRF 2024: Retail’s Big Show and the NRF Foundation Honors.
| Careers & Leadership
The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French after the U.S. House of Representatives voted to pass a resolution repealing the National Labor Relations Board’s final joint employer rule. As written, the new rules would increase liabilities for businesses of all sizes by expanding the definition of a joint employer under federal law.
| Technology
The new Foodservice Innovation Zone at NRF 2024: Retail’s Big Show is ready to serve the latest in food technology innovation with more than 50 companies showcasing future forward foodservice technology and immersive activations displaying the powers of a connected kitchen as well as how robotics can be integrated into the process.
| Retail Sales
Retail sales continued to grow in December, completing a strong holiday shopping season, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by NRF.
| Economic Review
Consumers spent more than expected amid high inflation and high interest rates during 2023, but NRF Chief Economist Jack Kleinhenz says spending growth is likely to slow in 2024.
| Economy
The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French regarding the finalization of the Department of Labor’s independent contractor classification rule.
| Careers & Leadership
The NRF Foundation today announced Dublin City Schools as the 2024 RISE Up Partner of the Year. The RISE Up Partner of the Year award recognizes the school district for its success with the NRF Foundation’s RISE Up training and credentialing program in Dublin and for its part in expanding the program across Ohio.
| Port Tracker
With the holiday season over, inbound cargo volume at the nation’s major container ports should gradually slow during the first quarter of 2024 before beginning to build again in the spring, according to the Global Port Tracker report released by NRF and Hackett Associates.
| Economy
Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023, according to a report released by the National Retail Federation and Appriss Retail. As a percentage of sales, the total return rate for 2023 was 14.5%.
| Careers & Leadership
The NRF Foundation today announced the top three teams for the 2024 NRF Foundation University Student Challenge Presented by Kohl’s, the competition provides undergraduate students with the opportunity to apply classroom skills in a real-world setting.