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The National Retail Federation today issued the following statement from President and CEO Matthew Shay in response to the Senate passage of President Biden's $1.9T coronavirus aid package.
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The National Retail Federation today issued a statement from Senior Vice President of Communications and Public Affairs Bill Thorne in response to several states lifting mask mandates.
| Economic Review, Annual Forecast, Retail Sales, Economy, Forecasts
A wide array of economic indicators point toward potentially record retail sales growth during 2021, but the coronavirus pandemic remains the biggest challenge for the year, NRF Chief Economist Jack Kleinhenz says.
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The National Retail Federation today issued the following statement from President and CEO Matthew Shay in response to the House passage of President Biden's $1.9T coronavirus aid package, and upcoming consideration of the package by the Senate.
| Economy, Retail Sales
Retail sales will grow in 2021 as more individuals get vaccinated and the economy reopens.
| Retail Sales, Winter Holidays, Economy
Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020’s record holiday season carried over into the new year, according to NRF.
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The National Retail Federation today issued the following statement from President and CEO Matthew Shay in response to the U.S. Chamber of Commerce’s announcement that Tom Donohue will be retiring and will be succeeded by Chamber President Suzanne Clark as president and CEO of the organization.
| Careers & Leadership
The NRF Foundation announced the recipients of its scholarship competitions in January during NRF 2021: Retail's Big Show — Chapter 1, awarding more than $100,000 to undergraduate students.
| Port Tracker, Supply Chain, Trade, Retail Sales, Winter Holidays, Economy
Following a record year during 2020, imports at the nation’s largest retail container ports are expected to set new monthly records from now into the summer as the nation’s economy continues to recover from the pandemic, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
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NRF called on Congress to reject a new effort to pass legislation that combines a wide range of long-debated proposals into a single bill intended to dramatically expand the power of labor unions.