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NRF welcomed the Federal Reserve’s approval of regulations that clarify that banks and credit card networks are legally required to give retailers a choice between two unaffiliated networks over which to route debit card transactions regardless of whether purchases take place in-store or online.

Consumers remain worried about high inflation and Federal Reserve interest rate hikes intended to bring inflation under control, but neither has stopped them from spending, NRF Chief Economist Jack Kleinhenz says.

The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French regarding the Senate introduction of the Combatting Organized Retail Crime Act of 2022.

The National Retail Federation today announced that it has hired veteran tax lobbyist Ashley Wilson as vice president for tax policy.

NRF said House introduction of the Credit Card Competition Act shows that the pro-consumer legislation is rapidly gaining momentum in Congress.

Participation in Halloween-related activities will resume to pre-pandemic levels, with 69% of consumers planning to celebrate the holiday this year, up from 65% in 2021 and comparable to 68% in 2019, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics.

Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices, NRF said.

The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the White House’s overnight announcement that a tentative agreement has been reached between freight railroads and rail labor organizations, avoiding a shutdown of the freight rail system.

The National Retail Federation today issued the following statement from President and CEO Matthew Shay regarding the potential for a system-wide disruption of rail cargo should negotiations between freight railroads and rail labor organizations remain unresolved by the September 15 deadline.

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.