NRF

NRF says stopping the virus remains key to restoring sound economy

In the April issue of the National Retail Federation’s (NRF) Monthly Economic Review, NRF Chief Economist Jack Kleinhenz says the coronavirus pandemic “has triggered shocks” – but that the underlying economy is sound. “How quickly... more »

Retailers welcome bipartisan CARES Act

The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the Senate’s expected vote on stimulus legislation intended to ease the economic impact of the coronavirus pandemic: "Retailers... more »

Retail industry trade groups state biggest issue facing the industry is liquidity

The National Retail Federation was among 90 retail industry trade groups that sent a letter to the White House on March 21, 2020, applauding the Trump Administration and House and Senate leadership for their efforts to... more »

NRF expects larger and longer impacts on imports due to the Coronavirus

The Coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as factory shutdowns and travel restrictions in China continue to affect production,... more »

Consumers continue to drive economy

The National Retail Federation (NRF) forecasted that retail sales during 2020 will increase between 3.5% and 4.1% to more than $3.9 trillion despite uncertainty from the lingering trade war, coronavirus and the presidential election and... more »

Retailers applaud NLRB on final joint employer rule

The National Retail Federation (NRF) issued the following statement from senior David French, vice president of government relations, in response to the National Labor Relations Board’s (NLRB) final rule regarding joint employer status. The rule reinstates the... more »

January retail sales grew 2.7% over last year

Retail sales in January increased 0.2% seasonally adjusted over December and were up 2.7% unadjusted year-over-year, the National Retail Federation (NRF) said. The numbers exclude automobile dealers, gasoline stations and restaurants. “The strength of consumer... more »

February retail imports to see larger drop amid coronavirus

With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a sharper-than-usual drop this month, according to the Global Port Tracker report... more »
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