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| Supply Chain
The National Retail Federation issued the following statement from Senior Vice President of Government Relations David French after the U.S. House of Representatives voted to approve the Ocean Shipping Reform Act (OSRA) of 2021.
| Port Tracker, Supply Chain, Trade, Economy, Winter Holidays
Imports at the nation’s major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
| Economic Review, Holiday Forecast, Winter Holidays, Retail Sales, Economy, Forecasts
The 2021 holiday season appears to be on track to exceed NRF’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said.
| Careers & Leadership
The NRF Foundation announced the top five undergraduate finalists of the Next Generation Scholarship, the organization’s premier scholarship competition.
| Winter Holidays, Consumer Trends
Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
| Thanksgiving, Winter Holidays, Holiday Forecast, Economy
Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday this year even as consumers have continued the trend of starting their holiday shopping earlier in the year, according to the annual survey released by NRF and Prosper Insights & Analytics.
| Retail Sales, Winter Holidays, Economy
Retail sales rose in October as many consumers began holiday shopping early to avoid any shortages amid pandemic-driven supply chain disruptions that are dominating businesses and shoppers this holiday season, NRF said.
| Supply Chain
The National Retail Federation issued the following statement from President and CEO Matthew Shay after President Joe Biden signed the $1.2 trillion Infrastructure Investment and Jobs Act into law.
| Workforce, Economy
NRF is pleased by the 5th U.S. Circuit Court of Appeals’ decision to extend a stay for OSHA's COVID-19 employer-based vaccination and testing emergency temporary standard.
| Workforce
The National Retail Federation issued a statement from President and CEO Matthew Shay regarding the organization’s involvement in a multi-trade association lawsuit against the Occupational Safety and Health Administration (OSHA) for its COVID–19 employer-based vaccination and testing Emergency Temporary Standard (ETS).