Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high …
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Tariff Concerns Lead to First YOY Drop in Cargo Levels Since 2023
According to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, the tariffs enacted by President Donald Trump will impact import cargo at major container ports in the U.S. The report found that imports …
Read More »Home Depot Named to Top 50 Global Retailers List
The National Retail Federation’s Top 50 Global Retailers list includes the 50 most impactful international retailers based on their operations at the start of 2024. The Home Depot ranked in the 10th spot, with total revenues at the start of …
Read More »Paused Tariffs Offer Temporary Relief for Consumers
Days after sweeping tariffs were announced, President Donald Trump has paused tariffs for most nations for 90 days and increased tariffs on Chinese imports to 125%. As a result of these tariffs, Hackett Associates founder Ben Hackett says imports during …
Read More »NRF Gives State of Retail and Consumer for 2025
The National Retail Federation (NRF) hosted its fifth annual State of Retail & The Consumer presentation, covering a variety of topics, including how to serve customers, consumer trends and a 2025 retail sales forecast. The presentation also featured insights from …
Read More »Import Cargo Levels Continue Rising Amidst Tariffs
As the U.S. continues to grapple with tariffs, imports at the nation’s major ports are expected to remain elevated through this spring but volume could see year-over-year drops this summer, according to the Global Port Tracker report released by the …
Read More »January Sales Drop Despite Strong December
Shoppers spent less in January than they did during the busy holiday months but retail sales still had strong sales year over year according to the CNBC/NRF Retail Monitor. “Consumers pulled back in January, taking a breather after a stronger-than-expected …
Read More »Retail Theft Epidemic Prompts Action
Retailers across the U.S. have reported a 93% increase in the average number of shoplifting incidents per year in 2023 versus 2019, and a 90% increase in dollar loss due to shoplifting during the same period, according to the Impact …
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