Media Center

NRF said House introduction of the Credit Card Competition Act shows that the pro-consumer legislation is rapidly gaining momentum in Congress.

Participation in Halloween-related activities will resume to pre-pandemic levels, with 69% of consumers planning to celebrate the holiday this year, up from 65% in 2021 and comparable to 68% in 2019, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics.

Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices, NRF said.

The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the White House’s overnight announcement that a tentative agreement has been reached between freight railroads and rail labor organizations, avoiding a shutdown of the freight rail system.

The National Retail Federation today issued the following statement from President and CEO Matthew Shay regarding the potential for a system-wide disruption of rail cargo should negotiations between freight railroads and rail labor organizations remain unresolved by the September 15 deadline.

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, the Juvenile Products Manufacturers Association and the Toy Association filed an amicus brief in support of the challenge to List 3 and List 4 China Section 301 tariffs.

Two new members were named to the NRF Foundation Board of Directors during its meeting on September 14.

Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey released today by the National Retail Federation. Organized retail crime (ORC), a critical component of that shrink, is a growing challenge both for retailers and the industry at large.

With inflation continuing and the Federal Reserve hoping to cool demand through higher interest rates, imports at the nation’s major container ports are expected to fall below last year’s levels for the remainder of 2022, according to the monthly Global Port Tracker report from NRF and Hackett Associates.

U.S. economic growth has slowed, but it still isn’t clear if the nation is in a recession, NRF Chief Economist Jack Kleinhenz says.