Tag Archives: NRF

Consumers are still willing to buy even as smaller job and wage gains and high interest rates are slowing the growth of consumer spending, National Retail Federation (NRF) chief economist Jack Kleinhenz says. “U.S. economic growth for the remainder of …

Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, says Jack Kleinhenz, National Retail Federation (NRF) chief economist. “The U.S. economy lost some spring in its step during the …

Mother’s Day spending is expected to reach $33.5 billion this year, the second highest in the history of the survey, following last year’s record $35.7 billion, according to the annual consumer survey released by the National Retail Federation and Prosper …

Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights and Analytics. The total figure is the second highest in the survey’s history …

The National Retail Federation (NRF) says data released by the U.S. Census Bureau retail sales data shows that retail sales cooled in January but households continued to spend. “Retail sales softened in January compared with the holiday season, but consumers …

In early January, the U.S. House of Representatives voted 206-177 to pass a resolution set to take effect in February, repealing the National Labor Relations Board’s final “joint employer” rule. The resolution introduced under the Congressional Review Act has been …

NRF CEO and president Matthew Shay joined the “Retail Gets Real” podcast live alongside Bill Thorne, NRF senior vice president of communications and public affairs, from Retail’s Big Show to talk about the event, how retailers fared this holiday season …

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in 2023, a return rate of 14.5%, according to a report released by the National Retail Federation (NRF) and Appriss Retail. …