Tag: lp news
NRF Chief Economist Says 2024 ‘Ended on a High Note’
Economic growth withstood inflation, high interest rates, and other challenges in 2024 and is expected to continue showing strength in 2025, according to National Retail Federation Chief Economist Jack Kleinhenz.
Research Shows Fraudulent Returns and Claims Cost Retailers $103B in 2024
The research shows that total merchandise returns for the year reached $685 billion, representing 13.21% of total retail sales, which amounted to $5.19 trillion in 2024.
CNBC/NRF Retail Monitor Shows Retail Sales Grew Again in August as Inflation Eased
Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the NRF.
JVCKENWOOD Announces Availability of AI Software for Kenwood Radio Systems
JVCKENWOOD and E.F. Johnson Company have an agreement with VoiceBrain to offer their proven AI software platform to Kenwood dealers and their business, industrial, and mission critical customers.
NRF Announces FedEx CEO Raj Subramaniam as Keynote Speaker for Retail’s Big Show
FedEx President and CEO Raj Subramaniam will be a keynote speaker at NRF 2024: Retail’s Big Show in New York City. Read more in this article!