Media Center

NRF, AAFA, FDRA, RILA and USFIA are working together to address the situation.

Consumers returned an estimated $428 billion in merchandise to retailers last year, approximately 10.6 percent of total U.S. retail sales in 2020.

Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report from NRF and Hackett Associates.

An estimated 25,000 industry professionals are expected to attend Retail’s Big Show, which is NRF’s 110th annual convention and will be held January 12–14, 19 and 21–22, 2021.

The National Retail Federation today issued the following statement from President and CEO Matthew Shay regarding the attacks on the U.S. Capitol as Congress was meeting to certify Joe Biden’s win in the 2020 presidential election.

NRF welcomed regulations issued by the Department of Labor that clearly define the difference between workers who must be considered employees and those who can be classified as independent contractors.

An estimated 25,000 industry professionals are expected to attend Retail’s Big Show, which is NRF’s 110th annual convention and will be held January 12–14, 19 and 21–22, 2021.

Economic challenges brought on by the coronavirus pandemic will continue in 2021, but stimulus legislation signed into law just after Christmas will help maintain and accelerate the nation’s ongoing recovery, NRF Economist Jack Kleinhenz says.

The National Retail Federation urged the Office of the U.S. Trade Representative (USTR) to avoid placing tariffs on imports of Vietnamese goods and rely on other remedies and authorities to address trade complaints. USTR recently launched two separate 301 investigations regarding Vietnam’s currency practices and trade in illegal timber. NRF Senior Vice President of Government Relations David French provided testimony at both the illegal timber and currency practices hearings this week. 

The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to Congressional passage today of the Emergency Coronavirus Relief Act of 2020.