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Media Center
| Trade
The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the announcement that a fourth rail union has rejected the tentative agreement brokered by the administration among the labor unions and freight railroads.
| Organized Crime
The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French following the U.S. House’s vote on the “Integrity, Notification, and Fairness in Online Retail Marketplaces (INFORM) for Consumers Act.”
| Thanksgiving, Winter Holidays, Holiday Forecast, Economy
An estimated 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. This figure is almost 8 million more people than last year and is the highest estimate since NRF began tracking this data in 2017.
| Retail Sales, Winter Holidays, Holiday Planning Playbook, Economy, Holiday Forecast
Retail sales grew again in October as consumers set aside concerns about inflation and many got a jump start on the holiday season, NRF said.
| Port Tracker, Supply Chain, Holiday Forecast, Winter Holidays
Retailers expect a busy holiday season the next two months but imports at the nation’s major container ports should continue to slow from records set earlier in the year, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
| Economic Review, Holiday Forecast, Winter Holidays
Chief Economist Jack Kleinhenz says NRF balanced high inflation and rising interest rates against strong consumer fundamentals as it developed its 2022 holiday spending forecast.
| Holiday Forecast
Holiday spending is expected to be robust even with recent inflationary challenges, as the National Retail Federation forecasts that holiday retail sales during November and December will grow between 6% and 8% over 2021.
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The National Retail Federation announced that Paige Hahn has been named NRF Senior Vice President of Membership and Development.
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The National Retail Federation today announced that it has hired veteran loss prevention expert David Johnston as vice president for asset protection and retail operations.
| Workforce
The National Retail Federation today issued the following statement from Chief Administrative Officer and General Counsel Stephanie Martz after joining a coalition of employer associations in suing Connecticut over its newly passed restrictions on employer speech.