Following previous announcements regarding impending tariffs on Canada and Mexico, President Donald Trump has officially imposed 25% tariffs on Mexican and Canadian imports. The president also increased tariffs on Chinese products to 20% and taxes on Canadian energy will be …
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This year’s positive economic performance is expected to continue, according to the National Retail Federation (NRF), but uncertainty still stands as the White House and Congress make pivotal economic decisions. “While the U.S. economy has entered 2025 with a fair …
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Recent data released by the U.S. Census Bureau reveals a slow down of retail sales in January following a strong holiday season, according to Jack Kleinhenz, National Retail Federation (NRF) Chief Economist. Despite the slow month at the beginning of …
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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 …
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Imports at major ports in the U.S. are projected to remain high as cargo continues to come in at retailer demand ahead of growing tariffs on China and other countries, according to the National Retail Federation (NRF) and Hackett Associates …
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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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The National Retail Federation (NRF) recently released a list of 25 predictions for the retail industry in 2025. As independent hardware and paint retailers, here are the most significant predictions to prepare for this year. NRF predicts generative AI will …
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Billed as “Retail’s Big Show,” NRF 2025 brought together the biggest names in retail for educational sessions, networking and product discovery. Hosted by the National Retail Federation (NFR), NRF 2025 took place in New York City from Jan. 12-14. John …
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