NRF news and archive

US: Yearly sales up in January despite consumers holding back

After a busy holiday season, consumers in the US seemed to pull back their costs in January, despite spending being up on a yearly basis, reflecting a strengthened market overall. This is according to new figures collected in the CNBC/NRF Retail Monitor, which revealed that total retail sales across the US for January, excluding automobiles and...

BusinessMember

NRF backs Trump’s plans to review tariffs but warns of consumer impact

The National Retail Federation (NRF), the US’ retail trade association, has said that it will welcome president Donald Trump’s review of tariffs but warns of consequences in relation to possible cost increases for consumers. Its comments come after Trump directed federal agencies to examine US trade policies on January 20, 2025, with a goal to...

Retail

NRF: Shoplifting figures see sharp increase on pre-Covid levels

A new report by the US’ National Retail Federation (NRF) has documented a concerning increase in shoplifting incidents in 2023 compared to that of pre-Covid levels. According to the organisation’s ‘The Impact of Retail Theft & Violence 2024’ study, there was a 93 percent increase in the average number of reported shoplifting incidents last year...

BusinessMember

NRF says US imports to remain lower than 2022 levels

The National Retail Federation (NRF) has said that it is expecting US imports to remain “well below” last year’s levels in 2023 as demand continues to falter in the region. This is according to research carried out by the organisation and Hackett Associates, which collaborated on the Global Port Tracker report for 2023. While levels are still...

RetailFeatured

Retailers focus for 2023: Reaping the fruits of their tech investments and championing customer loyalty

After a couple of years dominated by uncertainty, apparel retailers have a clear path of action: 2023 is the year to reap the fruits of their investments in AR, AI, and other tech to champion customer loyalty. Earlier this week, the who is who of the retail industry met at the US largest trade event of the year to debate whereas that sought...

Fairs

NRF Retail Big Show in New York: What to expect

NRF Retail Big Show is returning to New York in 2023. The leading retail event covers topics like innovation, new technology, leadership, new business models, omnichannel, and many more. The event features a 300,000 square foot exposition space, an NRF Innovation Lab, a Startup Zone, and an educational curriculum about the industry and future...

RetailMember

NRF raises 3.22 million dollars to fund programmes supporting future retail leaders

The National Retail Federation (NRF) has raised 3.22 million dollars at its seventh annual NRF Foundation Honors, an event to raise funds for the organisation’s programmes supporting careers in retail. Set at the Marriott Marquis Times Square, the event was co-hosted by Macy’s chairman and CEO, Jeff Gennette, and former Qurate Retail president...

Fairs

Handheld aims to improve shipping efficiency

In this world of e-commerce, there is nothing more imperative to retailers than shipment. Handheld is helping make the shipping process more seamless using their new SP500X ScanPrinter. The device is currently the only device of its kind that allows workers to scan a barcode with one swipe and with the next swipe prints information (like which...

Fairs|Interview Member

Surefront aims to centralize retail communication

COVID-19 threw the world into a global supply chain crisis. The tech industry took notice and realized there was an increase in demand for product lifecycle management (PLM) software. With necessity being the mother of invention, this led to the creation of Surefront, a PLM software that is becoming well known for saving the sanity of suppliers...

FashionMember

Coalition puts pressure on fashion to end forced labour

An international coalition called on fashion and garment giants Thursday to break supply chains from the Xinjiang region of China and cut ties with those implicated in Uighur forced labor within the next year. The Coalition to End Forced Labour in the Uyghur Region, an international group of rights, civil society and trade organizations, warned...

BusinessFeaturedMember

Mike Callender on supply chains and Brexit's impact on retail

REPL, a retail tech firm that helps companies in all areas from supply chain to customer experience, calls two very different retail markets homes: the US and the UK. REPL has been around for 12 years, and works with every form of retail from fast-fashion brands to department stores and grocery stores. Mike Callender, the organization's...