Browse press releases below or select media contacts to reach out to our team
August 10, 2023 | Economic Review, Economy, Retail Sales
NRF Chief Economist Jack Kleinhenz says U.S. consumers are still buying more than last year, but spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation.
August 7, 2023 | Port Tracker, Supply Chain, Trade, Economy
Import cargo volume at the nation’s major container ports is expected to hit its highest level in nearly a year this month as retailers stock up for the winter holidays, according to the Global Port Tracker report from NRF and Hackett Associates.
July 31, 2023 |
The National Retail Federation today announced the launch of a new NRF Center for Digital Risk & Innovation.
July 25, 2023 |
The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the announcement that a tentative labor agreement has been reached between UPS and the International Brotherhood of Teamsters.
July 24, 2023 |
Joint Statement from the Retail Litigation Center (RLC), the National Retail Federation, the American Apparel & Footwear Association, the Consumer Technology Association, the Footwear Distributors and Retailers of America and the Juvenile Products Manufacturers Association.
July 18, 2023 | Retail Sales, Economy, Back to School
Retail sales continued to rise in June even as employment grew more slowly, NRF said.
July 13, 2023 | Back to School
Consumers are expected to spend record amounts for both back-to-school and back-to-college shopping this year, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics. Back-to-school spending is expected to reach an unparalleled $41.5 billion, up from $36.9 billion last year and the previous high of $37.1 billion in 2021. Back-to-college spending is expected to hit $94 billion, about $20 billion more than last year’s record.
July 11, 2023 | Data Security
EuroCommerce and the National Retail Federation welcomed the announcement by the European Commission regarding the adoption of the adequacy decision for the EU-U.S. Data Privacy Framework.
July 7, 2023 | Port Tracker, Supply Chain, Trade
Import cargo volume at the nation’s major container ports is expected to climb toward an August peak this summer, according to the Global Port Tracker report released by NRF and Hackett Associates. But even though a tentative contract agreement has been reached at West Coast ports, retailers are closely following labor disputes at ports in Canada and a potential Teamsters strike against UPS.
July 6, 2023 | Economy, Economic Review, Retail Sales
NRF Economist Says Conditions are ‘Still Moving in the Right Direction’ Even With Slower Growth Expected
The U.S. economy did better in the first half of 2023 than early indicators suggested and appears to be “rolling forward” even as the rate of growth slows for the remainder of the year, NRF Chief Economist Jack Kleinhenz said.