Media Center

Ahead of next week’s expected European Parliament resolution on an EU-U.S. agreement covering transatlantic data transfers, EuroCommerce and the National Retail Federation have released a white paper on the issue and urged institutions on both sides of the Atlantic to swiftly adopt and implement the framework.

The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French following the decision of the International Longshore and Warehouse Union to withhold labor at the Ports of Los Angeles and Long Beach.

Import cargo volume at the nation’s major container ports should climb steadily through this summer but will remain below record-setting levels seen during most of the pandemic, according to the Global Port Tracker report from NRF and Hackett Associates.

NRF Chief Economist Jack Kleinhenz says NRF’s 2023 retail sales forecast was one of the most difficult he has ever prepared.

The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year. 

Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. Eighty-one percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.

Overall retail sales dipped slightly in February, but core spending rose, NRF said.

The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French in response to President Biden’s proposed budget for fiscal year 2024.  

The National Retail Federation today released its annual list of the Top 50 Global Retailers, conducted by Kantar. The 2023 Top 50 Global Retailers ranks the most impactful retailers worldwide based on their operations at the beginning of 2022.

Import cargo volume at the nation’s major container ports is expected to begin slowly climbing again this month after February saw one of the lowest levels since the beginning of the pandemic, according to the Global Port Tracker report released by NRF and Hackett Associates.