Content about National Retail Federation

May 2, 2012

The National Retail Federation is responding to a report from the Federal Reserve that revealed that debit card swipe fees collected by the nation's largest banks have dropped significantly since reform regulations took effect last fall.

WASHINGTON — The National Retail Federation is responding to a report from the Federal Reserve that revealed that debit card swipe fees collected by the nation's largest banks have dropped significantly since reform regulations took effect last fall.

March 23, 2012

The National Retail Federation has appointed a new VP communications.

WASHINGTON — The National Retail Federation has appointed a new VP communications.

Effective Apr. 9, Katie Wilson will be responsible for overseeing NRF’s industry efforts, a multitude of communication vehicles and advancing NRF advocacy priorities on issues important to the retail community, NRF said. She will assume many of the responsibilities of Ellen Davis, who was recently named NRF SVP and executive director of the NRF Foundation.

March 21, 2012

The National Retail Federation has named Ellen Davis SVP and executive director of the NRF Foundation, the education and research arm of NRF.

WASHINGTON — The National Retail Federation has named Ellen Davis SVP and executive director of the NRF Foundation, the education and research arm of NRF.

March 20, 2012

While intentions aren't always equal to results, if the National Retail Federation's predictions are correct, consumers will be shelling out quite a bit of cash this Easter.

WASHINGTON — While intentions aren't always equal to results, if the National Retail Federation's predictions are correct, consumers will be shelling out quite a bit of cash this Easter. According to NRF’s Easter spending survey, conducted by BIGinsight, Americans will spend an average of $145.28 on everything from apparel and candy to food and decorations this year, up 11% from $131.04 last year. Total spending is expected to reach $16.8 billion.

March 13, 2012

Retail sales continue to rise for 2012 as the U.S. Census Bureau reported results of February sales on Tuesday.

WASHINGTON — Retail sales continue to rise for 2012 as the U.S. Census Bureau reported results of February sales on Tuesday.

U.S. retail and food services sales for February, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $407.8 billion, an increase of 1.1% from the previous month and 6.5% above the year-ago period. Retail trade sales were up 1.1% from last month and 6.3% above last year.

February 15, 2012

Retailers are set to build customer engagement by investing in information technology and e-commerce, as well as enhancing customer service initiatives and building on mobile platforms, a new report from the National Retail Federation and KPMG found.

WASHINGTON — Retailers are set to build customer engagement by investing in information technology and e-commerce, as well as enhancing customer service initiatives and building on mobile platforms, a new report from the National Retail Federation and KPMG found.

February 1, 2012

Consumers are set to pull out all the stops this Valentine’s Day, with the average person shelling out $126.03, up 8.5% over last year, according to the National Retail Federation’s "2012 Valentine’s Day Consumer Intentions and Actions" survey, conducted by BIGinsight.

WASHINGTON, — Consumers are set to pull out all the stops this Valentine’s Day, with the average person shelling out $126.03, up 8.5% over last year, according to the National Retail Federation’s "2012 Valentine’s Day Consumer Intentions and Actions" survey, conducted by BIGinsight. Total spending is expected to reach $17.6 billion.

January 26, 2012

The National Retail Federation is moving forward with a campaign that seeks to show the role the retail industry plays in powering economic growth and job creation, and engages business, political, industry and civic leaders in a conversation about the retail industry’s public policy priorities.

WASHINGTON — The National Retail Federation is moving forward with a campaign that seeks to show the role the retail industry plays in powering economic growth and job creation, and engages business, political, industry and civic leaders in a conversation about the retail industry’s public policy priorities.

January 25, 2012

After President Barack Obama delivered his State of the Union address on Tuesday night, the National Retail Federation issued a response regarding his remarks on job creation.

WASHINGTON — After President Barack Obama delivered his State of the Union address on Tuesday night, the National Retail Federation issued a response regarding his remarks on job creation.

NRF said it welcomed the President's emphasis on job creation, saying that it will help restore the nation's economic state.

January 19, 2012

The National Retail Federation has announced the newest executives elected to serve on its board of directors. The announcement was made during NRF's 101st Annual Convention in New York.

NEW YORK — The National Retail Federation has announced the newest executives elected to serve on its board of directors. The announcement was made during NRF's 101st Annual Convention in New York. Each new board member will serve a three-year term. Macy chairman, president and CEO Terry Lundgren was re-elected to serve another full-year as chairman of the NRF board. 

The new executives elected to serve on NRF board of directors include:

  • Thomas Belk, Belk chairman and CEO;

January 16, 2012

Retail industry sales are expected to rise, albeit not at the same pace as 2011, according to the National Retail Federation.

NEW YORK — Retail industry sales are expected to rise, albeit not at the same pace as 2011, according to the National Retail Federation.

Retail industry sales will rise 3.4% to $2.53 trillion, NRF said, compared with a pace of 4.7% in the year-ago period. The expected slowdown in consumer spending, NRF said, will be influenced by a number of factors, including stalled unemployment rate and lack of newly-created jobs. But despite the lower projection, the industry is expected to garner stronger numbers than other industries, NRF said.

January 12, 2012

Despite barely rising in December, retail sales hit a record for the year, according to figures released by the U.S. Census Bureau on Thursday.

WASHINGTON — Despite barely rising in December, retail sales hit a record for the year, according to figures released by the U.S. Census Bureau on Thursday.

U.S. retail and food services sales for the month, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, increased 0.1% to $400.6 billion from the previous month and 6.5% above December 2010. Adjusted retail sales were virtually unchanged.

December 15, 2011

The National Retail Federation is putting its faith in the holidays by upgrading its spending forecast for the season.

WASHINGTON — The National Retail Federation is putting its faith in the holidays by upgrading its spending forecast for the season.

After initially anticipating sales growth of 2.8%, the NRF said it now expects holiday sales to rise 3.8% to $469.1 billion. The projection may be lower than the 5.2% increase the retail industry saw last year, but the group said a number of factors, such as strong year-over-year sales and the fact that not all consumers have completed their holiday shopping lists, could provide the industry with a great gift after all.

November 30, 2011

Internet retailers have an unfair advantage over Main Street merchants when it comes to sales tax, and legislation may be the solution to help level the playing field, according to the National Retail Federation.

WASHINGTON — Internet retailers have an unfair advantage over Main Street merchants when it comes to sales tax, and legislation may be the solution to help level the playing field, according to the National Retail Federation.

November 28, 2011

The combination of earlier-than-ever opening hours, favorable weather and deal-conscious consumers receptive to heightened promotional activity produced record sales over Thanksgiving weekend, according to the National Retail Federation.

WASHINGTON — The combination of earlier-than-ever opening hours, favorable weather and deal-conscious consumers receptive to heightened promotional activity produced record sales over Thanksgiving weekend.

The National Retail Federation said an estimated 226 million shoppers visited stores and websites over Thanksgiving weekend, compared with 212 million last year, and spent an average of $398 per person, compared with $365 last year. Those findings are based on an NRF survey of 3,826 shoppers conducted over the weekend by BIGresearch.

November 28, 2011

The recession grinch may have to pack it up this holiday season, as initial spending indicated that this year's holidays are on track toward some pretty significant growth as compared with last year.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The recession grinch may have to pack it up this holiday season, as initial spending indicated that this year's holidays are on track toward some pretty significant growth as compared with last year.

(THE NEWS: Black Friday proves to be record day for retail, NRF reports. For the full story, click here.)

November 21, 2011

Holiday shoppers are expected to spend $155.43 on average for gift cards this season, while total gift card spending is projected to reach $27.8 billion, according to a survey released Friday by the National Retail Federation.

WASHINGTON — Holiday shoppers are expected to spend $155.43 on average for gift cards this season, while total gift card spending is projected to reach $27.8 billion, according to a survey released Friday by the National Retail Federation.

NRF’s 2011 Holiday Consumer Intentions and Actions survey, conducted by BIGresearch, found that 8-out-of-10 shoppers will give gift cards this year, thanks to e-gifting, instant delivery through Facebook, personalized video and mobile giving options. Average spending is expected to be the highest since 2007.

November 21, 2011

Online retailers this year are putting a heavy emphasis on promotions during the Thanksgiving holiday through Cyber Monday, according to a new Shop.org survey.

WASHINGTON — Online retailers this year are putting a heavy emphasis on promotions during the Thanksgiving holiday through Cyber Monday, according to a new Shop.org survey.

November 17, 2011

Up to 152 million people plan to shop Black Friday weekend, compared with the 138 million who planned to do so last year, according to a preliminary Black Friday shopping survey, conducted for the National Retail Federation by BIGresearch.

WASHINGTON — Up to 152 million people plan to shop Black Friday weekend, compared with the 138 million who planned to do so last year, according to a preliminary Black Friday shopping survey, conducted for the National Retail Federation by BIGresearch. According to the survey, 74 million people said they will definitely hit the stores and another 77 million are waiting to see if the bargains are worth the hassle of Black Friday.

November 15, 2011

Retail sales edged up slightly during the month of October, the U.S. Census Bureau announced Tuesday.

WASHINGTON — Retail sales edged up slightly during the month of October, the U.S. Census Bureau announced Tuesday.

Adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, sales totaled $397.7 billion. Retail trade sales rose 0.6% above September and 7.3% above the year-ago period.

Adjusted grocery store sales increased to $46.8 million from $46.3 million in September, while health and personal care stores saw adjusted sales of $23.3 million from $23.1 million last month.

November 10, 2011

According to the National Retail Federation’s annual Return Fraud Survey, completed by loss-prevention executives at 103 retailers, the retail industry will lose an estimated $3.5 billion to return fraud this holiday season, down from $3.7 billion last year.

WASHINGTON — According to the National Retail Federation’s annual Return Fraud Survey, completed by loss-prevention executives at 103 retailers, the retail industry will lose an estimated $3.5 billion to return fraud this holiday season, down from $3.7 billion last year. Annual return fraud will cost retailers an estimated $14.4 billion in 2011, up slightly from about $13.7 billion in 2010.

October 21, 2011

There's one trend that retailers should brace for this holiday season.

NEW YORK — There's one trend that retailers should brace for this holiday season.

Despite projected spending outlooks made by several research and retail groups, retailers nationwide will draw crowds this holiday season. However, it seems that certain consumers (particularly, teenagers and young adults) have utilized the power of technology and social media to conduct "flash robs," a take on the impromptu gatherings known as flash mobs.

October 19, 2011

It looks like this year's holiday shoppers have a renewed focus on value and will comparison shop by utilizing smartphones, tablets and mobile applications to make purchasing decisions, according to the latest National Retail Federation survey.

WASHINGTON — It looks like this year's holiday shoppers have a renewed focus on value and will comparison shop by utilizing smartphones, tablets and mobile applications to make purchasing decisions, according to the latest National Retail Federation survey.

October 17, 2011

Seven-in-10 Americans will celebrate Halloween, creating a $7 billion market, according to the National Retail Federation.

CAMP HILL, Pa. — Seven-in-10 Americans will celebrate Halloween, creating a $7 billion market, according to the National Retail Federation.

Retail pharmacy chain Rite Aid is addressing the demand with a wide selection of Halloween-related items, ranging from costumes and accessories to candy and decorations. This includes an online selection of 18,000 items.

The NRF predicts that a record 68.6% of Americans will celebrate Halloween on Oct. 31.

October 11, 2011

The problem with shoplifting these days isn’t Little Johnny pocketing a pack of bubblegum, Joe LaRocca, senior asset protection adviser for the National Retail Federation, recently told CNBC’s “Squawk on the Street” during a broadcast interview.

The problem with shoplifting these days isn’t Little Johnny pocketing a pack of bubblegum, Joe LaRocca, senior asset protection adviser for the National Retail Federation, recently told CNBC’s “Squawk on the Street” during a broadcast interview. No, it’s a lot of Little Johnnies who are systematically swiping the entire gum display that’s becoming the problem.