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| Consumer Trends, Holidays & Seasonal, Winter Holidays
Early season online deals captured consumers’ attention this year, allowing many to shop online ahead of Cyber Monday. According to the National Retail Federation’s Cyber Monday Expectations Survey conducted by Prosper Insights & Analytics, 122 million Americans plan to shop online on Cyber Monday, up from the 121 million who planned to participate last year.
| Consumer Trends, Holidays & Seasonal, Winter Holidays
More than 154 million consumers shopped over Thanksgiving weekend, up from 151 million shoppers in 2015, according to the annual Thanksgiving weekend results survey released today by the National Retail Federation and Prosper Insights & Analytics.
| Economy
NCCR Says Increased Ethanol Mandate Shows Program is a ‘Total Failure’The National Council of Chain Restaurants today issued the following statement from Executive Director Rob Green following the Environmental Protection Agency’s release of 2017 volume requirements for the federal Renewable Fuel Standard program. The EPA has decided to increase the required volume of corn ethanol refiners must blend into gasoline next year hundreds of millions of gallons.
| Economy, Workforce
“Today, Judge Mazzant agreed with what NCCR and our coalition allies have been saying all along: that the Labor Department’s ill-conceived overtime regulation is a dramatic government overreach causing significant harm to small businesses and their employees around the country."
| Economy, Workforce
The National Retail Federation welcomed a judge’s ruling today that will prevent the Labor Department’s changes to federal overtime rules from taking effect as scheduled on December 1.
| Economy
NRF welcomed Visa's announcement that it will no longer use EMV technology to steer debit card transactions to its own processing network -- a practice investigated by the FTC and ruled improper by the Federal Reserve.
| Careers & Leadership, Marketing
The National Retail Federation announced that Martine Reardon, former Chief Marketing Officer for Macy's, has partnered with NRF to serve as a Senior Advisor for Retail and Marketing Strategies.
| Consumer Trends, Holidays & Seasonal, Winter Holidays
With the middle of the holiday season approaching and shoppers eager to take advantage of early promotions from retailers, more than half of consumers have already started making dents in their holiday gift lists, according to the annual mid-season survey released today by the National Retail Federation and Prosper Insights & Analytics.
| Consumer Trends, Holidays & Seasonal, Winter Holidays
59 percent of Americans – an estimated 137.4 million people – plan to or are considering shopping during Thanksgiving weekend, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
| Economy
NRF has called on Visa to stop usingEMV technology to steer debit card transactions to its own processing network, a practice the Federal Reserve says violates merchants' legal right to competition over who will process the transactions.