Tag: nrf
Year-Over-Year Retail Sales Growth Continues
Retail sales remained strong on a monthly basis and saw another year-over-year gain in September despite an interest rate hike from the Federal Reserve and continuing inflation.
Consumers Still Spending Despite Inflation and Interest Rates
Consumers remain worried about high inflation and Federal Reserve interest rate hikes intended to bring inflation under control, but neither has stopped them from spending.
August Retail Sales Supported by Job and Wage Gains
Consumers' willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices.
NRF Reports Retail Shrink Is a $100B Problem
Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey.
Consumers Are Still Shopping Despite Inflation
Core retail sales rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains.
NRF Says Economy Is Strong Enough to Keep Recession at Bay
Despite two consecutive quarters of decline, the US economy still does not appear to be in a recession and remains unlikely to enter one this year.
Pandemic Proof: Why Cash Is Here to Stay
In a mobile payment world with contactless technology on the rise, what will the future of cash in the retail industry look like?
US Ports Set Record as Volume Remains High and Labor Contract Talks Continue
Imports set another record high this spring as the nation’s major container ports worked to reduce congestion and retailers stocked up before dockworkers’ West Coast labor contract expired.
NRF Says Economy is Slowing, but a Recession is Unlikely
The National Retail Federation discusses the future of the economy in the July issue of their Monthly Economic Review.
3 Essential Themes from NRF PROTECT 2022
NRF PROTECT 2022 focused on innovative ways to combat retail security crime, lead with control and effectiveness, and more.