Tag: nrf
Consumers Expected to Spend $20 Billion on Father’s Day Gifts
Consumer spending this Father’s Day is expected to total $20 billion, nearly on par with last year’s record-setting figure of $20.1 billion.
Retail Security Experts Will Soon Convene at NRF PROTECT
The National Retail Federation’s annual loss prevention, digital fraud, and cyber risk conference, NRF PROTECT, will be held in-person in Cleveland June 21-23 after a two-year hiatus due to COVID-19.
Protect Customers and Business with Face Recognition
Generating real-time notifications, Cognitec’s FaceVACS-VideoScan solution can detect known persons within seconds.
Retail Sales Grew in April as Consumers Took Higher Prices in Stride
Consumers accustomed to inflation continued to spend in April as retail sales overcame higher prices to show both monthly and year-over-year increases.
NRF Foundation Board Names 4 New Members
Four executives were named members of the National Retail Federation (NRF) Foundation Board of Directors during its meeting on April 13.
NRF Reports that Economy Has Strong Momentum Despite Inflation and Ukraine
Top challenges have shifted from COVID-19 to inflation and the war in Ukraine, but the US economy will continue to face uncertainties in the year ahead.
NRF Supply Chain 360 Speakers Announced
The conference and expo will feature more than 25 sessions and 100 exhibitors with expertise and solutions related to supply chain operations, fulfillment, sourcing, corporate social responsibility, and more.
February Retail Sales Rose Strongly Year-Over-Year
Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain.
Annual Retail Sales Predicted to Grow 6-8 Percent
The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 6 percent and 8 percent to more than $4.86 trillion in 2022.
While Ports are Still Congested, Record Import Levels Expected
Imports at the nation’s major retail container ports are expected to be at near-record levels this spring and summer as consumer demand and supply chain challenges continue to result in congestion.