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| Retail Sales
Data released by the U.S. Census Bureau shows retail sales moderated in April, NRF Chief Economist Jack Kleinhenz said.
| Trade
The National Retail Federation today issued the following statement from Executive Vice President of Government Relations David French after the U.S. Trade Representative and the White House released the statutory four-year review of the Section 301 China tariffs.
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NRF told the Federal Reserve that the Fed’s plan to lower a 13-year-old cap on debit card “swipe” fees is welcome but a proposed change in methodology would leave the cap too high.
| Retail Sales
Retail sales grew modestly from the month before in April, but a shift in the timing of Easter appeared to be behind a slight year-over-year decline, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by NRF.
| Port Tracker
Monthly inbound cargo volume at the nation’s major container ports should consistently be above 2 million Twenty-Foot Equivalent Units through this summer and into early fall, according to the Global Port Tracker report from NRF and Hackett Associates.
| Economic Review
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, NRF Chief Economist Jack Kleinhenz said.
| Workforce
The National Retail Federation today issued the following statement from Executive Vice President of Government Relations David French after President Joe Biden vetoed the congressional resolution to repeal the National Labor Relations Board’s final joint employer rule.
| Workforce
The National Retail Federation today issued the following statement from Executive Vice President of Government Relations David French after members of Congress announced plans to introduce the “Warehouse Worker Protection Act.”
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NRF asked a federal judge to reject the proposed settlement of a class-action antitrust lawsuit over “swipe” fees charged to merchants to process Visa and Mastercard credit card transactions.
| Mother's Day
Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics.