Media Center

The Retail Litigation Center (RLC), the National Retail Federation, the American Apparel & Footwear Association, the Consumer Technology Association, the Footwear Distributors and Retailers of America, the Juvenile Products Manufacturers Association and the Toy Association filed an amicus brief in support of the challenge to List 3 and List 4 China Section 301 tariffs.

Two new members were named to the NRF Foundation Board of Directors during its meeting on September 14.

Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey released today by the National Retail Federation. Organized retail crime (ORC), a critical component of that shrink, is a growing challenge both for retailers and the industry at large.

With inflation continuing and the Federal Reserve hoping to cool demand through higher interest rates, imports at the nation’s major container ports are expected to fall below last year’s levels for the remainder of 2022, according to the monthly Global Port Tracker report from NRF and Hackett Associates.

U.S. economic growth has slowed, but it still isn’t clear if the nation is in a recession, NRF Chief Economist Jack Kleinhenz says.

Core retail sales as calculated by NRF rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains as consumers kept shopping despite high inflation, NRF said.

After a record-setting spring, imports at the nation’s major container ports are expected to slow significantly for the remainder of the year but 2022 should still see a net gain over 2021, according to the monthly Global Port Tracker report from NRF and Hackett Associates.

Despite two consecutive quarters of decline, the U.S. economy still does not appear to be in a recession and remains unlikely to enter one this year, NRF Chief Economist Jack Kleinhenz said.

NRF welcomed legislation that would let retailers decide who processes credit card transactions, saying it would end practices that block competition in the payments industry and drive up costs for retailers and consumers.

The National Retail Federation presented the J. Thomas Weyant Award to North Carolina Retail Merchants Association President and General Counsel Andy Ellen on July 28, as retailers from across the country gathered in Washington, D.C., for NRF’s Retail Advocates Summit.