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| Careers & Leadership
The NRF Foundation today announced that Adam Lukoskie will succeed Bill Thorne as the nonprofit organization’s executive director. The NRF Foundation Board of Directors approved the transition at its meeting earlier this month in New York City. Lukoskie currently serves as vice president of the NRF Foundation and will assume his new role in January 2023.
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The eighth annual NRF Foundation Honors took place Sunday night at the New York Marriott Marquis to recognize the outstanding leadership of retail executives, award student scholarships and highlight retail as an industry of opportunity. The event raised nearly $3 million to fund the NRF Foundation’s career development programs and resources.
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The National Retail Federation and Paris-based event organizer Comexposium announced that Retail’s Big Show will expand to Asia Pacific beginning in 2024 with a new annual conference and exhibition that is expected to draw thousands of retailers and business partners from across the region. The inaugural NRF 2024: Retail’s Big Show Asia Pacific will be held June 11 – 13, 2024, at the Sands Expo and Convention Centre in Singapore, six months after NRF 2024: Retail’s Big Show in New York City.
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The National Retail Federation today announced the addition of six new members to its Board of Directors. The new members were elected to the board at NRF’s annual winter board meeting, held at NRF 2023: Retail’s Big Show.
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The National Retail Federation (NRF) and the Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC) announced a new collaboration to strengthen their collective efforts to improve cybersecurity within the retail and related consumer-facing sectors. This partnership will bring together RH-ISAC’s expertise in cybersecurity and threat intelligence with the resources and advocacy of NRF, the world’s largest retail trade association.
| Port Tracker, Supply Chain, Trade, Economy
With a pandemic-driven surge finally over, monthly import cargo volume at the nation’s major container ports has fallen below the 2 million TEU mark and should remain there through most of this spring, according to the Global Port Tracker report from NRF and Hackett Associates.
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The National Retail Federation today announced it will introduce a new Consumer Product Showcase at NRF 2023: Retail’s Big Show. The program provides a forum for small businesses to feature their consumer-facing products for national merchandisers. The majority (84%) of products showcased will be from minority-owned, women-owned, veteran-owned, disability-owned or LGBTQ+-owned companies.
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The NRF Foundation today announced the School District of Philadelphia as its 2023 RISE Up Partner of the Year. Presented by Old Navy, the award recognizes the school district for its success with the NRF Foundation’s RISE Up training and credentialing program in Philadelphia and for its part in expanding the program across Pennsylvania.
| Economic Review, Retail Sales, Holiday Forecast, Winter Holidays
NRF Chief Economist Jack Kleinhenz say it’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession, but continuing interest rate hikes increase the chances.
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NRF welcomed an order issued by the FTC that requires Mastercard to share data competing networks need in order to process online transactions made with Mastercard debit cards.