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Tag: 2024

With No Sign of Recession, NRF Economist Says Labor Market and Interest Rates Will...

After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend largely on the labor market and what the Federal Reserve does with interest rates.

LP People on the Move: January 2024

Please join us in congratulating the following individuals on their recent career moves and promotions.

4 Major Hits and 1 Miss from the NRF’s 2024 Big Show

This article by Tony D'Onofrio summarizes the NRF's 2024 Big Show, highlighting both the ‘hits’ and "misses" from the annual event.

REI Lays Off 357 Employees Due to Declining Profits

REI CEO Eric Artz announced that the company is reducing its workforce by 357 people, including 200 working at headquarters, six in sales and customer experience, 3 in experiences, and 121 in distribution centers.

New Survey Shows More Than Half of Gen Z Prefers Frictionless Shopping

Generation Z is leading the way when it comes to a preference for frictionless shopping, with over half (52%) likely to switch retailers for check-out free stores.

Valentine’s Day Spending on Significant Others Predicted to Reach New Record

Valentine’s Day is returning to its romantic traditions, with total spending for the holiday expected to reach a record $14.2B this year.

NRF Economist Says 2023’s Consumer Spending Growth is ‘Not Necessarily Sustainable’ in 2024

Consumers spent more than expected amid high inflation and interest rates during 2023, though spending is now expected to slow in 2024.

New Law Targeting Retail Theft Goes into Effect in Pennsylvania

State Senator David Argall sponsored the bill in 2023, saying that 54 percent of small business owners across Pennsylvania have seen an increase in shoplifting within the past year.

Top Retail Executives Will Speak at NRF 2024

NRF 2024: Retail’s Big Show is bringing together more than 6,200 brands from around the globe for learning, collaboration, and discovery.

NRF Foundation Announces 6 People Shaping Retail’s Future

In this article, see who the six honorees the NRF Foundation announced for The List of People Shaping Retail’s Future 2024 are!
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