Tag: nrf

Spending is slowing as the economy settles down amid higher interest rates intended to reduce inflation, according to the NRF.

Import cargo volume at the nation’s major container ports is expected to hit its highest level in nearly a year this month according to NRF and Hackett Associates.

Back-to-school spending is expected to reach an unparalleled $41.5 billion, up from $36.9 billion last year and the previous high of $37.1 billion in 2021. Back-to-college spending is expected to hit $94 billion, about $20 billion more than last year’s record.

The US economy did better in the first half of 2023 than indicators suggested and is improving according to NRF economists. Read more here!

Economic indicators are giving conflicting signs but the nation does not appear to be in a recession and should be headed toward a soft landing from the rampant inflation and high interest rates of the past two years

Import cargo volume is expected to be 22% lower during the first half of 2023 than the same time last year. Read more on the topic here.

NRF called on Congress to pass long-sought legislation to address credit card "swipe" fees. Read more here on what the act entails.

See how NRF urged Congress to formally advance the Combating Organized Retail Crime Act, and what the changes would entail.

Read more on the discussion of the importance of collaboration in combating ORC that took place between Walmart CEO and NRF Board Chairman John Furner and NRF President and CEO Matthew Shay.