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Less than one-quarter (21%) of consumers believe that credit card companies are honest and trustworthy when they advocate before Congress on the fees they charge retailers to accept their cards, according to a survey released today by the National Retail Federation.

Retail sales rose in August as parents shopped for school supplies and other goods even as inflation continued and interest rates remained high, NRF said.

Import cargo volume at the nation’s major container ports is expected to hit the 2 million Twenty-Foot Equivalent Unit mark for the second month in a row in September and remain there in October, according to the Global Port Tracker report from NRF and Hackett Associates.

NRF Chief Economist Jack Kleinhenz says the economy is still growing, but not as fast as it was earlier this year.

 The National Retail Federation today announced its acquisition of the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry. The announcement was made during the RLA Leadership Summit in Atlanta and is part of NRF's unrivaled commitment to support sustainable practices throughout the retail industry.

Retail sales reversed their downward trend in July as Prime Day and major promotions by other brands prompted increased shopping while wage increases gave consumers more money to spend, NRF said.

NRF Chief Economist Jack Kleinhenz says U.S. consumers are still buying more than last year, but spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation.

Import cargo volume at the nation’s major container ports is expected to hit its highest level in nearly a year this month as retailers stock up for the winter holidays, according to the Global Port Tracker report from NRF and Hackett Associates.

The National Retail Federation today announced the launch of a new NRF Center for Digital Risk & Innovation.

The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the announcement that a tentative labor agreement has been reached between UPS and the International Brotherhood of Teamsters.