National Retail Federation

NRF says economy experiences ongoing expansion despite uncertainty

The Federal Reserve faces “a tricky job” in addressing inflation but continuing growth in employment, wages and consumer spending make it unlikely the effort will backfire into a major setback for the economy, Jack Kleinhenz,... more »

NRF expects consumers to spend $20 billion on Father’s Day gifts 

Consumer spending this Father’s Day is expected to total $20 billion, nearly on par with last year’s record-setting figure of $20.1 billion, according to the annual consumer survey released by the National Retail Federation (NRF)... more »

Retail sales grow in April

Consumers accustomed to inflation continued to spend in April as retail sales overcame higher prices to show both monthly and year-over-year increases, the National Retail Federation (NRF) said. “April retail sales demonstrate consumer strength and... more »

U.S. ports set new record for imports

Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in merchandise ahead of rising costs and further supply... more »

Retailers say small businesses are hardest hit by rising credit card swipe fees

The National Retail Federation (NRF) and a group of small retailers told Congress small businesses are the hardest hit by high credit card “swipe” fees that are driving up inflation and that they want to... more »

NRF says consumers are likely to keep on shopping despite concerns over inflation

The economy’s fast-paced growth could slow somewhat as the Federal Reserve tries to bring inflation under control in the next few months, but consumers are likely to keep on shopping as lower inflation eases uncertainty,... more »

NRF expects Mother’s Day spending to reach record high

Mother’s Day spending is expected to total $31.7 billion this year, up $3.6 billion from 2021’s record spending, according to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics.... more »

NRF urges cancellation of credit card swipe fees

The National Retail Federation (NRF) is urging Visa and Mastercard to cancel credit card swipe fee increases scheduled to take effect this month, citing a letter from both Republican and Democratic members of Congress saying... more »