by Mike Duff | Jun 16, 2023 | Retail Articles
The National Retail Federation has stated retail sales rose again in May as consumers continued to spend despite economic challenges. Citing United States Census Bureau research, NRF noted that overall retail sales in May were up 0.3% from April and 1.6% year over...
by Mike Duff | Jun 15, 2023 | Retail Articles
The Pacific Maritime Association and the International Longshore and Warehouse Union have jointly announced a tentative agreement on a six-year contract covering workers at all 29 West Coast ports in the United States. The deal averts a strike many feared would be a...
by Mike Duff | Jun 12, 2023 | Retail Articles
Organized retail crime is becoming a more serious issue as affirmed in an onstage discussion between John Furner, Walmart U.S. CEO and National Retail Federation board chairman, and Matthew Shay, NRF CEO, at the organization’s annual security conference. At NRF...
by Mike Duff | Jun 6, 2023 | Featured News, Retail Articles
National Retail Federation Chief Economist Jack Kleinhenz stated as part of NRF’s Monthly Economic Review that typical indicators are providing conflicting signs, but he added the nation does not appear to be in a recession and should be headed toward a soft landing...
by Mike Duff | Jun 5, 2023 | Retail Articles
Consumers will spend a record-high $22.9 billion to celebrate Father’s Day this year, according to an annual survey from the National Retail Federation and Prosper Insights & Analytics. Total expected spending for the holiday will top last year’s $20 billion, as...