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| Back to School
As of early July, more than half (55%) of back-to-school and college shoppers have already begun buying items for the upcoming school year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
| Hot 100 Retailers
The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2024 Top 100 Retailers ranks the industry’s largest companies according to domestic sales.
| Port Tracker
Monthly inbound cargo volume at the nation’s major container ports is continuing to rise despite a variety of supply chain challenges, according to the Global Port Tracker report from NRF and Hackett Associates.
| Economic Review
As inflation continues to ease and the Federal Reserve ponders when to lower interest rates, NRF Chief Economist says the nation is in a “critical moment” of waiting to see what will happen next.
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NRF welcomed a U.S. Supreme Court ruling allowing a lawsuit that says the Federal Reserve set its 2011 cap on debit card “swipe” fees too high to move forward despite arguments that the suit was filed too late.
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NRF welcomed a federal judge’s order rejecting the proposed settlement of a class-action antitrust lawsuit over “swipe” fees charged to merchants to process Visa and Mastercard credit card transactions.
| Careers & Leadership
The Coalition for the American Dream, of which NRF is a leading member, is an organization of businesses, trade associations and other groups representing every major sector of the U.S. economy.
| Retail Sales
Data released by the U.S. Census Bureau shows retail sales grew again in May and helped drive a still-expanding economy, NRF Chief Economist Jack Kleinhenz said.
| Port Tracker
Monthly inbound cargo volume at the nation’s major container ports is expected to reach its highest level in nearly two years this summer, according to the Global Port Tracker report from NRF and Hackett Associates.
| Retail Sales
Retail sales jumped significantly in May, showing strong increases both month over month and year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by NRF.