Latest posts about National Retail Federation
Page 2 of 14 pages.
NRF’s Shay assesses holiday import and inventory trends heading into the holiday season
October 25, 2023
The story of the economy since the onset of the pandemic has been the resilience of consumers and how consumption has powered the economy. That was the word from Matthew Shay, president and CEO of the Washington, D.C.-based National Retail Federation (NRF) on a media conference call hosted by the Port of Los Angeles this week.
Mild gains for September retail sales, Commerce and NRF data show
October 17, 2023
Commerce reported a gain of 0.7% over August, while NRF sales data increased 0.5% on a seasonally-adjusted basis over August.
September retail sales see mild gains, according to Commerce and NRF data
October 17, 2023
Commerce reported that total September retail sales, at $704.9 billion, increased 0.7%, from August to September, and posted a 3.8% annual gain. NRF reported that September retail sales, which does not include automobile dealers, gasoline stations, and restaurants, increased 0.5% on a seasonally-adjusted basis over August, and rose 2.2% on an unadjusted basis annually.
Various economic factors are having an impact on projected import volumes, notes Port Tracker
October 10, 2023
For August, the most recent month for which data is available, Port Tracker reported that import volume, for the ports covered in the report, came in at 1.96 million TEU (Twenty-Foot Equivalent Units), which is up 2.3% over July, and down 13.5% annually, marking the highest monthly volume on a year-to-date basis, while falling short of a projected 2 million TEU, for the month, in the report’s previous edition.
Port Tracker points to U.S.-bound import gains in the coming months
September 8, 2023
United States-bound retail container import volumes appear to be trending in the right direction, with monthly volumes pegged to be around 2 million TEU (Twenty-Foot Equivalent Units) in September, for the second consecutive month.
National Retail Federation acquires Reverse Logistics Association
September 8, 2023
Earlier this week, the Washington, D.C.-based National Retail Federation (NRF) said it has acquired the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry. A purchase price was not disclosed.
National Retail Federation Seeks to ‘Close the Loop,’ Acquires Reverse Logistics Association
September 7, 2023
The National Retail Federation is acquiring the Reverse Logistics Association as it looks to bolster its circular economy expertise.
NRF announces acquisition of Reverse Logistics Association
September 7, 2023
Acquiring RLA seen as part of NRF's unrivaled commitment to support sustainable practices throughout the retail industry.
July retail sales see modest gains, reports Commerce and NRF
August 15, 2023
Commerce reported that July retail sales, at $696.4 billion, were up 0.7%, from June to July, and up 3.2% annually. NRF reported that July retail sales, which does not include automobile dealers, gasoline stations, and restaurants, rose 1% on a seasonally-adjusted basis over June and increased 3.8% annually on an unadjusted basis.
NRF highlights an ongoing decrease in consumer spending
August 14, 2023
The decrease in consumer spending, which, as we all know, drives roughly 70% (give or take) of all economic activity, was a key theme in a blog posting recently issued by National Retail Federation (NRF) Chief Economist Jack Kleinhenz, in the NRF’s Monthly Economic Review. The key thesis made by Kleinhenz was that even though U.S. consumers are buying more than they were a year ago at this time, growth in spending is slowing down, as does the economy...
While volumes are down, August growth is in the cards, reports Port Tracker
August 9, 2023
For June, the most recent month for which data is available, Port Tracker reported that import volumes, for the ports covered in the report, came in at 1.83 million TEU (Twenty-Foot Equivalent Units), marking a 5.2% gain decrease compared to May and an 18.7% annual decline. For the first half of 2023, total imports came in at 10.5 million TEU, down 22% compared to the same period a year ago.
Retail sales up in June, report Commerce and NRF
July 18, 2023
Commerce reported that June retail sales rose 0.2% over May, while NRF's data, which excludes automobile dealers, gasoline stations, and restaurants, was up 0.4% from May to June.
June retail sales see gains, reports Commerce and NRF
July 18, 2023
Commerce reported that June retail sales, at $689.5 billion, rose 0.2% over May and saw a 1.5% annual increase. NRF reported that June retail sales, which does not include automobile dealers, gasoline stations, and restaurants, were up 0.4%, from May to June and were up 3.3% on an unadjusted basis annually.
Port Tracker report notes August imports will hit a peak amid various labor issues
July 7, 2023
For May, the most recent month for which data is available, Port Tracker reported that import volumes, for the ports covered in the report, came in at 1.93 million TEU (Twenty-Foot Equivalent Units), marking an 8.5% gain over April and a 19.3% annual decline.
May retail sales see gains, report Commerce and NRF
June 15, 2023
Commerce reported that May retail sales—at $686.6 billion—headed up 0.3% over April and were up 1.6% annually. And it added that total retail sales, from March through May, were up 1.7% annually. NRF reported that May retail sales were up 0.4% over April and were up 4.4% on an unadjusted basis annually.