Tag: nrf
December Retail Monitor Numbers Show Retailers Had Strong Holiday Season
Retail sales continued to grow in December, completing a strong holiday shopping season, according to the CNBC/NRF Retail Monitor.
Import Cargo Enters Winter Lull as Red Sea Disruptions Continue
NRF reported that inbound cargo volume at the nation’s major container ports should gradually slow during the first quarter of 2024 before beginning to build again in the spring.
$743 Billion in Merchandise Returned in 2023
Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023.
NRF Debuts New Center for Retail Sustainability
NRF announced the launch of a new Center for Retail Sustainability, which will serve as the industry’s hub to support retailers’ efforts to generate economic value and more.
142 Million Shoppers Expected for Super Saturday
The number of expected shoppers is up significantly from the last time Super Saturday fell on Dec. 23, when 126 million consumers were expected to shop on that day in 2017.
NRF Expert Testifies Before House Hearing on Retail Crime
On December 12, the House Homeland Security Committee Counterterrorism, Law Enforcement, and Intelligence Subcommittee held a hearing titled "From Festive Cheer to Retail Fear: Addressing Organized Retail Crime." Read more here!
NRF Says 2023 Economy Has Seen Vigorous Growth Despite Recent Slowdown
After a year of challenges, the economy has proven to be healthy even as it continues to slow, according to National Retail Federation Chief Economist Jack Kleinhenz.
New CNBC/NRF Retail Monitor Offers More Accurate Look at Retail Sales
The CNBC/NRF Retail Monitor uses actual, real-time debit and credit card purchase data to provide more accurate and timely insights into retail sales activity across all US sectors, categories, and markets.
NRF Foundation Announces Top 5 Finalists for Next Generation Scholarship
The NRF Foundation has announced the five undergraduate finalists for the NRF Foundation Next Generation Scholarship. Read more in this article.
2023 Holiday Spending Will Reach Record Spending Levels
The NRF is forecasting that holiday spending will reach record levels during November and December, growing between 3 and 4 percent over 2022.