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| Economic Review, Retail Sales, Annual Forecast
The economy is growing quickly but its future still depends on slowing the coronavirus pandemic as consumers worry about new variants of the virus, according to NRF Chief Economist Jack Kleinhenz.
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The National Retail Federation today issued the following statement from President and CEO Matthew Shay after the Senate voted to invoke cloture on the Bipartisan Infrastructure Deal (BID).
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The National Retail Federation today issued the following statement in response to the Centers for Disease Control and Prevention’s recommendation that fully vaccinated people wear masks again indoors in COVID-19 hot spots.
| Back to School
Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
| Retail Sales, Economy
Retail sales saw solid growth during June, increasing in most categories on a monthly basis and across the board on a yearly basis as the recovery from the coronavirus pandemic continued, according to NRF.
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Today, the National Retail Federation joins the U.S. Chamber of Commerce, Business Roundtable, the National Association of Manufacturers, AFL-CIO, the Bipartisan Policy Center, North America’s Building Trades Unions, as well as over 20 business and labor organizations to launch the Coalition for Bipartisan Infrastructure Investment.
| Port Tracker, Supply Chain, Trade, Economy
Imports at the nation’s largest retail container ports are continuing to show double-digit growth over last year as strong consumer demand keeps up its momentum, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
| Economic Review, Retail Sales, Economy
As retailers head into the second half of 2021, the “great uncertainty” that clouded the nation’s economic outlook earlier in the year has transformed into evidence of an unprecedented recovery from the COVID-19 pandemic, NRF Chief Economist Jack Kleinhenz says.
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Retail professionals say the pandemic accelerated new technology-related product launches at their company, according to the new report, “Using Retail Tech Innovation to Enhance the Customer Experience".
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Leaders from two key retail service providers were named members of the NRF Foundation Board of Directors during its virtual meeting on June 17.