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Joint Statement from the Retail Litigation Center (RLC), the National Retail Federation, the American Apparel & Footwear Association, the Consumer Technology Association, the Footwear Distributors and Retailers of America and the Juvenile Products Manufacturers Association. 
| Retail Sales, Economy, Back to School
Retail sales continued to rise in June even as employment grew more slowly, NRF said.
| Back to School
Consumers are expected to spend record amounts for both back-to-school and back-to-college shopping this year, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics. Back-to-school spending is expected to reach an unparalleled $41.5 billion, up from $36.9 billion last year and the previous high of $37.1 billion in 2021. Back-to-college spending is expected to hit $94 billion, about $20 billion more than last year’s record.
| Data Security
EuroCommerce and the National Retail Federation welcomed the announcement by the European Commission regarding the adoption of the adequacy decision for the EU-U.S. Data Privacy Framework.
| Port Tracker, Supply Chain, Trade
Import cargo volume at the nation’s major container ports is expected to climb toward an August peak this summer, according to the Global Port Tracker report released by NRF and Hackett Associates. But even though a tentative contract agreement has been reached at West Coast ports, retailers are closely following labor disputes at ports in Canada and a potential Teamsters strike against UPS.
| Economy, Economic Review, Retail Sales
The U.S. economy did better in the first half of 2023 than early indicators suggested and appears to be “rolling forward” even as the rate of growth slows for the remainder of the year, NRF Chief Economist Jack Kleinhenz said.
The National Retail Federation released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales.
| Retail Sales, Economy
Retail sales rose again in May as consumers continued to spend despite economic challenges, NRF said.
The National Retail Federation issued the following statement from President and CEO Matthew Shay following the announcement that a tentative agreement has been reached between the International Longshore and Warehouse Union and the Pacific Maritime Association. The parties have been in negotiations since the labor contract initially expired in July 2022.
| Careers & Leadership
The NRF Foundation announced four new additions to its Board of Directors. The new members were elected during the organization’s summer board meeting in New York City.