Tag: national retail federation

With the Federal Reserve continuing to increase interest rates to fight inflation, the NRF doesn’t expect a recession but said the forecast assumes gross domestic product growth will slow from nearly 3 percent in the second half of 2022 to 1 percent in 2023.

The National Retail Federation (NRF) issued its annual forecast during the third State of Retail & the Consumer virtual presentation last week. 

Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

Overall retail sales dipped slightly in February, but core spending rose, the National Retail Federation said today.

Here, LPM's Stefanie Hoover speaks with David Johnston and Christian Beckner with the NRF about their annual PROTECT Conference and more.

Retail sales during 2022’s November-December holiday season grew 5.3 percent over 2021 to $936.3 billion, falling short of the National Retail Federation’s (NRF) forecast amid continuing inflation and high interest rates.

The National Retail Federation (NRF) and the Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC) have announced a new collaboration to strengthen their collective efforts to improve cybersecurity within the retail and related consumer-facing sectors.

Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a report released today by the National Retail Federation (NRF) and Appriss Retail.

The National Retail Federation (NRF) today announced that Lowe's Chairman and CEO Marvin Ellison will receive the 2023 Visionary Award.

Retail sales grew again in October as consumers set aside concerns about inflation and many got a jump start on the holiday season.