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July 15, 2020 |
It is critically important that we have a national mask standard implemented locally. Retailers are protecting the health and safety of communities they serve. Our elected leaders need to set politics aside and follow their example.
July 15, 2020 | Back to School, Economy, Forecasts, Retail Sales
Consumers tentatively plan to spend a record amount to prepare students for school and college this year as they buy more laptops and computer accessories in anticipation that at least some classes will take place online because of the coronavirus pandemic, according to the annual survey from NRF and Prosper Insights & Analytics.
July 14, 2020 | Loss Prevention, Organized Crime
Theft, fraud and losses from other retail “shrink” totaled $61.7 billion in 2019, up from $50.6 billion the year before as industry security executives reported increases in the number of shoplifting, organized retail crime and employee theft incidents, according to NRF's annual National Retail Security Survey.
July 10, 2020 | Economy, Winter Holidays
NRF welcomed a report calling for a federal backstop for trade credit insurance, saying the proposal could help provide liquidity badly needed by retailers as they recover from the recession brought on by the coronavirus pandemic.
July 9, 2020 | Connected Commerce
The annual event will take place in-person at the Javits Convention Center in New York City June 6-8, 2021. In addition, NRF is hosting a virtual event January 12-14, 19 and 21-22, 2021. Both events will feature the theme “Forward Together.”
July 8, 2020 | Port Tracker, Economy, Supply Chain, Trade
Imports at major U.S. retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
July 1, 2020 | Economic Review, Economy
The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but NRF Chief Economist Jack Kleinhenz says the key question is how long it will last.
June 18, 2020 |
NRF welcomed a ruling by the U.K. Supreme Court that the way Visa and MasterCard set “swipe” fees charged to merchants to process credit card transactions is a violation of European Union antitrust laws.
June 18, 2020 | Workforce
NRF welcomed the U.S. Supreme Court's ruling in favor of the Deferred Action for Childhood Arrivals program, saying it "recognizes that these young people are law-abiding, tax-paying Americans who have never known adult life anywhere else."
June 16, 2020 | Economy, Retail Sales
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, the National Retail Federation said today.