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| Connected Commerce
NRF announces new format, theme and timing for NRF 2021: Retail’s Big Show
The annual event will take place in-person at the Javits Convention Center in New York City June 6-8, 2021. In addition, NRF is hosting a virtual event January 12-14, 19 and 21-22, 2021. Both events will feature the theme “Forward Together.”
NRF 2021, Retail's BIG Show
| Port Tracker, Economy, Supply Chain, Trade
Retail imports improving slightly, but still far below last year
Imports at major U.S. retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
Global Port Tracker, Coronavirus, International trade, Economy, Import Cargo Volume, Imports
| Economic Review, Economy
NRF chief economist says pandemic recession could already be easing but 'no one has a crystal ball'
The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but NRF Chief Economist Jack Kleinhenz says the key question is how long it will last.
Monthly Economic Review, Coronavirus, Economy
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Retailers say US should follow UK example on anticompetitive credit card swipe fees
NRF welcomed a ruling by the U.K. Supreme Court that the way Visa and MasterCard set “swipe” fees charged to merchants to process credit card transactions is a violation of European Union antitrust laws.
Swipe Fees, Interchange, Interchange Fees, Banks, Credit Card Fees, Credit Cards
| Workforce
Retailers applaud Supreme Court ruling supporting dreamers
NRF welcomed the U.S. Supreme Court's ruling in favor of the Deferred Action for Childhood Arrivals program, saying it "recognizes that these young people are law-abiding, tax-paying Americans who have never known adult life anywhere else."
Deferred Action of Childhood Arrivals, Immigration, DACA, Supreme Court
| Economy, Retail Sales
May retail sales improve dramatically over April but still below last year
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, the National Retail Federation said today.
Retail sales, Economy, Coronavirus, Consumer Spending
| Port Tracker
Pandemic's impact on imports easing, but numbers are still below last year
The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast, according to the Global Port Tracker report from NRF and Hackett Associates.
Global Port Tracker, Imports, Import Cargo, Coronavirus, International trade
|
NRF announces new board members
Hal Lawton, president and CEO of Tractor Supply Company, and Anish Melwani, chairman and CEO of LVMH Moët Hennessy Louis Vuitton Inc. joined the NRF Board of Directors.
Leadership
| Economy, Economic Review
NRF chief economist says 'uncertainty abounds' in predicting recovery from coronavirus pandemic
While the reopening of businesses shut down by the coronavirus pandemic is a significant step forward, NRF Chief Economist Jack Kleinhenz says it is too soon to say how quickly or smoothly the nation’s economy will recover.
Coronavirus, Economy, Monthly Economic Review
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NRF issues statement on incidents at retail stores
President and CEO Matthew Shay comments on incidents involving retail stores across the country following the death of George Floyd in Minneapolis.
Leadership