Improved consumer confidence and spending helped drive retail sales in May. According to the National Retail Federation, the world’s largest retail trade association, May retail sales (excluding automobiles, gas stations and ...
Tags: Retail Sales, Apparel
While retail sales were up in April, the growth rate was less than impressive based on data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that April retail sales at ...
Tags: Processing Machinery, Commerce, NRF
A new study commissioned by the National Retail Federation and other trade associations shows that imported merchandise has considerably lowered the price of consumer goods for American families while creating millions of jobs for American ...
Tags: Textile World, Textile
The US Senate has passed the ‘Marketplace Fairness Act’ that would impose sales tax on online retailers by 69-27 vote. At present, only companies with brick-and-mortar stores in the US have to pay online sales tax. However, ...
The National Retail Federation – the world’s largest retail trade association –issued the following statement from NRF Chairman of the Board Stephen I. Sadove of Saks Incorporated and NRF President and CEO Matthew Shay on ...
For the third year in a row, Retail’s BIG Show has been acknowledged as a trade show to be reckoned with - growing each year in size and scope and seen by trade show professionals as one of the retail industry’s leading events. ...
Consumers cooled spending in March as the impact of colder weather across the country and harmful fiscal policy, namely the payroll tax hike, caught up to the economy and weakened retail sales. According to the National Retail Federation, ...
Tags: Economic Policy, Retail Sales
The National Retail Federation this week welcomed introduction of House and Senate legislation that would repeal the employer mandate provision of the health care reform law scheduled to take effect next year. “Eliminating the ...
Tags: NRF, Bill, Health Care Employer Mandate
A change in federal tax law that decreased the take-home pay of many working Americans is impacting household budgets. According to NRF’s 2013 Tax Returns Survey conducted by BIGinsight, nearly three-quarters (73.3%) of those polled ...
Tags: Tax changes, Tax, federal tax law
The National Retail Federation issued the following statement from President and CEO Matthew Shay on President Obama’s State of the Union address: “We have repeatedly called on Congress and President Obama to make the economy ...
Tags: NRF, Obama, Economy, Job Creation
The National Retail Federation released its 2013 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent, slightly less than the preliminary 4.2 percent ...
Tags: NRF, US Retail Sales, 2013
Given the fact that retail sales and consumer spending represent roughly two-thirds of total economic activity in the United States, it is fairly east to surmise that the current numbers are not where they need to be to lift economic growth ...
Tags: NRF, Lower Retail Sales, 2013
The National Retail Federation urged the House to approve legislation that would put the federal debt ceiling on hold until mid-May. “This move will give Congress the time it needs to deal with the debt ceiling in a thoughtful and ...
Tags: NRF, US Govt, fiscal policy
The National Retail Federation released the following statement from President and CEO Matthew Shay regarding Walmart’s announcement regarding the hiring of veterans: “We have a lot of announcements made at the National Retail ...
Tags: Walmart, veterans, retailers, retail trade
December retail sales were up compared to November and also on an annual basis, to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that December retail sales at ...
Tags: December, retail sales, NRF