Consumers are expected to spend an average $86.13, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. 

CEOs, startup founders, top business school professors and entertainment luminaries will discuss the changing retail landscape and how digital commerce is transforming business in Los Angeles for the National Retail Federation’s annual Shop.org conference.

NRF told Congress lawmakers need to lower the nation's corporate tax rate in order to remain competitive in the global economy and to keep high taxes from hampering job creation.

Retail sales in August decreased by 0.2 percent from July on a seasonally adjusted basis, according to calculations released today by the National Retail Federation. 

Retailers, nonprofit organizations and a Baltimore city workforce agency today joined forces with the National Retail Federation Foundation to host a hiring fair for more than 100 job seekers who have recently completed Retail Industry Fundamentals, one of the NRF Foundation’s credentials in its RISE Up (Retail Industry Skills and Education) initiative.

A ruling by the South Dakota Supreme Court sets the stage for the U.S. Supreme Court to revisit an out-of-date ecommerce ruling but NRF says Congress should act on online sales tax rather than leaving the issue in the hands of the courts.

The National Retail Federation today urged congressional action on corporate tax reform, saying in an op-ed published in newspapers across the country that the average corporate worker earns more than $4,000 in lower wages each year as the result of high taxes. 

NRF and other industry associations are telling Congress that any new federal law on data breach notification should apply to all industries that handle consumer data, citing the recent breach at the Equifax credit reporting agency.

Imports at the nation's major retail container ports set an all-time monthly record this summer, and 2017 is expected to set a new yearly record, according to the mnthly Global Port Tracker report from NRF and Hackett Associates.

The National Retail Federation said retail sales for 2017 are now expected to grow between 3.2 and 3.8 percent over last year rather than the 3.7 - 4.2 percent forecast earlier this year.