Bringing together retail industry players from around the country, the National Retail Federation’s (NRF) Retail Advocates Summit gave retailers an opportunity to directly connect with policymakers. A highlight of this year’s small business summit was The Retail Experience, featuring six …
Read More »Tag Archives: NRF
Inflation Hits Highest Point in 40 Years
The inflation rate topped 9.1% in June, the highest percentage in 40 years, according to the U.S. Bureau of Labor Statistics. The Consumer Price Index was up 1.3% in June on top of the 1.0% increase in May. The energy …
Read More »NRF Honors Independent Home Improvement Retailer
Each year at its annual Retail Advocates Summit, the National Retail Federation (NRF) honors the work of small business owners who are going above and beyond to advocate for the independent retail industry. The America’s Retail Champions program features 34 …
Read More »May Inflation Hits Highest Point Since 1981
The U.S. Bureau of Labor Statistics released its Consumer Price Index for All Urban Consumers last week, which showed an increase of 1% in May, after rising 0.3% in April, and an inflation rate of 8.6%, the highest the U.S. …
Read More »U.S. Ports Still Experiencing High Volume
According to the most recent Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, major retail container ports are expected to see near-record volume during June, hindering retailers’ attempts to meet still-high consumer demand. Ports …
Read More »U.S. Adds 390,000 Jobs in May
While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in …
Read More »Back-to-School Trends for 2022
According to the National Retail Federation’s Annual 2021 Back-to-School Survey, 51 percent of K-12 and college shoppers begin shopping for the items they need as early as July. Make the grade by taking note of trending back-to-school items and the …
Read More »NRF Forecasts 6 to 8% Retail Sales Growth in 2022
The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are …
Read More »