Cashless retail remains a divisive topic, a recent report from Bloomberg confirms. In the article, some retailers say that by eliminating cash transactions, they provide quicker service, enabling employees to focus on customer service and complete more transactions. Opponents say …
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10 Approaches to Address Loss Prevention
Earlier this summer, the National Retail Federation (NRF) released its 2019 National Retail Security Survey. The organization compiles the report based on surveys from loss prevention professionals who represent 63 companies within more than a dozen retail segments. The survey …
Read More »Understanding Implications of Chinese Tariffs
Jonathan Gold, a trade expert for the National Retail Federation, answered questions from Hardware Retailing about the effects of recent Chinese tariffs. He provides insight into new 25 percent trade duties levied on hundreds of billions of dollars in Chinese …
Read More »Selling Gift Cards and More for Father’s Day
Your home improvement store is likely full of Father’s Day gift options, especially since gift cards and tools are among the popular items consumers buy for their dads to celebrate the holiday. Consumers will be spending $16 billion on Father’s …
Read More »Targeting Multiple Generations of Shoppers With Events
Retail events are attracting shoppers from across generations, but younger shoppers are the biggest fans. Nearly 50 percent of all U.S. consumers attended an in-store event in 2018, according to research from the National Retail Federation (NRF). More shoppers from …
Read More »2018 Holiday Sales Projected to Rise More Than 4 Percent
Many retailers will see an increase in holiday shopping this year, according to a new report from the National Retail Federation (NRF). The organization projects holiday spending to increase between 4.3 and 4.8 percent in November and December. That figure …
Read More »NRF Searching for America’s Retail Champions
Are you or someone you know a community leader who is also a strong retail industry advocate? If so, you’ll want to send in an application by July 20 to be chosen as one of the 50 U.S. small business …
Read More »Home Renovations Contribute to Retail Hiring
Trends in home renovations have contributed to recent growth in the number of new retail jobs in the U.S., the Chicago Tribune reports. “Building-material stores hired more than 10,000 workers in February to keep up with booming demand,” the news …
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