NRF

NRF says tariffs are a gamble for U.S. economy

After the Trump administration released a list of $300 billion of Chinese goods that will be targeted by additional tariffs of 25 percent, The National Retail Federation (NRF) president and CEO Matthew Shay shared his... more »

Retail imports rise ahead of higher tariffs

With retail sales rising and President Trump saying he plans to both increase and broaden tariffs on goods from China, imports at the nation’s major retail container ports are expected to see unusually high levels... more »

Mother’s Day expected to deliver highest consumer spending to date

Mother’s Day spending is expected to total a record $25 billion this year, up from $23.1 billion in 2018, according to the annual survey released today by the National Retail Federation (NRF). A total 84... more »

March retail sales are up

Retail sales were up 1 percent in March seasonally adjusted from February and up 0.8 percent unadjusted year-over-year, the National Retail Federation (NRF) said. The numbers exclude automobile dealers, gasoline stations and restaurants. “March’s numbers... more »

Retail imports rise as summer approaches

With tariff increases delayed for the foreseeable future and the busy summer season approaching, imports at the nation’s major retail container ports are beginning to climb again, according to the monthly Global Port Tracker report... more »

Overall job gains point to economic growth despite retail employment drop

Retail industry employment in March was down by 11,700 jobs seasonally adjusted from February and down 47,400 jobs unadjusted year-over-year, the Labor Department said. The retail numbers, which exclude restaurants, came as the nation saw... more »

NRF warns border closure could hurt U.S. retailers

The National Retail Federation sent a letter to Trump administration officials expressing concerns over ongoing threats to close the United States-Mexico border and outlining how a closure would hurt U.S. retailers, workers and consumers. “We share the... more »

Retailers welcome bipartisan legislation to address tax bill typo

The National Retail Federation (NRF) welcomed bipartisan legislation introduced in the Senate that would fix a drafting error in the tax reform law that took effect in 2018. The error relating to depreciation rules is... more »