National Retail Federation (NRF)

Washington D.C. 20004

Contact

325 7th Street, NW

Suite 1100

Washington D.C. 20004

http://www.nrf.com/

More info on National Retail Federation (NRF)

As the world’s largest retail trade association and the voice of retail worldwide, NRF represents retailers of all types and sizes from the U.S. and more than 45 countries abroad including department stores, specialty, apparel, discount, online, independent, grocery and chain restaurants, among others. Retailers operate more than 3.5 million U.S. establishments that support one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s Retail Means Jobs campaign emphasizes the economic importance of retail and encourages policymakers to support a Jobs, Innovation and Consumer Value Agenda aimed at boosting economic growth and job creation.

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Trump Tariff Proposals Could Cost Americans $78B in Annual Spending Power: NRF Study

A universal 10-20% tariff on imports from all foreign countries and an additional 60-100% tariff on imports specifically from China would impact apparel, toys, furniture, household appliances, footwear and travel goods.

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$743 Billion in Merchandise Returned in 2023

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023.

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Higher U.S. Tariffs on Chinese Imports to Cost Consumers $31B: NRF Study

Higher U.S. tariffs on imports from China resulting from the revocation of PNTR for China would cost American consumers $31 billion, or $240 per household, in higher prices for widely used products.

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National Retail Federation Acquires Reverse Logistics Association

This acquisition will ensure that NRF’s members and the industry will continue to receive the most forward-thinking, real-world and actionable innovations, research and information to drive the evolution of the world’s supply chain.

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Future of the Supply Chain

From blockchain and AI to telematics, visibility and electrification, the future of logistics depends on the adoption and implementation of digitization.

Retail Sales to Grow 4-6% in 2023

The 2023 forecast is above the pre-pandemic, average annual retail sales growth rate of 3.6%.

Enanuchit Adobe Stock 370532992

SCN Summit: Future of the Supply Chain

December 5, 2023

Register now to learn more about what's in store for 2024 and beyond. Topics revolve around Warehouse Automation, Supply Chain Visibility, AI, Cold Chain, Electrification and more.

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SCN Summit: Future of Supply Chains

December 5, 2022

Let's talk future! Sit down with industry experts and thought leaders to talk about what’s in store for the supply chain space and more. Register now for the Dec. 5-8 virtual event!

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2020 Retail Imports May Break Record Despite Pandemic

Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins.

NRF Chief Economist Says Pandemic Made This Year’s Holiday Forecast the Most Challenging Ever

With the coronavirus pandemic presenting unique circumstances for the nation’s economy, forecasting retail holiday sales this year was more challenging than ever before.

NRF Expects Holiday Sales Will Grow Between 3.6 and 5.2%

The numbers compare with a 4 percent increase to $729.1 billion last year and an average holiday sales increase of 3.5 percent over the past five years.

October Retail Sales Grew as Consumers Started Holiday Shopping Early

Retail sales grew for the sixth month in a row in October, with sales significantly better than the same time a year ago as the economy continued to recover and consumers began their holiday shopping early.

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Imports Set New ‘Peak Season’ Record as Retailers Prepare for Holidays

Imports likely saw their busiest “peak season” on record this summer and fall as retailers replenished inventories and stocked up for the holiday season.

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Strong Retail Sales Growth Points to the Resiliency of Consumers

Retail sales have largely recovered from the pandemic heading into the holiday season but the growing number of coronavirus cases remains a threat and additional federal stimulus could help keep the economy on track.

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Leestat Adobe Stock 503946321

Trump Tariff Proposals Could Cost Americans $78B in Annual Spending Power: NRF Study

A universal 10-20% tariff on imports from all foreign countries and an additional 60-100% tariff on imports specifically from China would impact apparel, toys, furniture, household appliances, footwear and travel goods.

Adobe Stock 638945253

$743 Billion in Merchandise Returned in 2023

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023.

Sundry Photography Adobe Stock 320444308

Higher U.S. Tariffs on Chinese Imports to Cost Consumers $31B: NRF Study

Higher U.S. tariffs on imports from China resulting from the revocation of PNTR for China would cost American consumers $31 billion, or $240 per household, in higher prices for widely used products.

Dragon Images Adobe Stock 138067977

National Retail Federation Acquires Reverse Logistics Association

This acquisition will ensure that NRF’s members and the industry will continue to receive the most forward-thinking, real-world and actionable innovations, research and information to drive the evolution of the world’s supply chain.

Stock Mall

Retail Sales to Grow 4-6% in 2023

The 2023 forecast is above the pre-pandemic, average annual retail sales growth rate of 3.6%.

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Imports to Slowly Climb, But Still Remain Below 2022 Levels Through Mid-Summer

Beginning this month, imports are expected to climb at least through mid-summer but will nonetheless remain below last year’s levels.

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Consumers to Return $816M Worth of Merchandise in 2022

According to the retail survey, for every $1 billion in sales, the average retailer incurs $165 million in merchandise returns.

Pexels Alexander Isreb From Pexels Inventory Mgmt Warehouse

Retail Sector to Grow 8% This Year

Retail sales are expected to remain strong as the economy opens further in the coming months, but there is considerable uncertainty this year.

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Online Sales Predicted to Increase 11-15% This Year

NRF expects retailers will hire between 500,000-665,000 seasonal workers in brick-and-mortar stores and warehouse and distribution centers.

Kalyakan

Retail Imports Remain High Despite Port Congestion

Close to 75 ships were waiting at anchor to enter the Ports of Los Angeles and Long Beach recently, up from around 25 a month earlier, and backups are spreading to East Coast ports as well.

Jelena

Retailers Move up Shipments as Merchants Move from Back-to-School to Holiday Shopping

Many retailers are moving up their shipments this year as part of their risk mitigation strategies to ensure that sufficient inventory will be available during the holidays.

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Pandemic Accelerated Technology-Related Product Launches, Retail Executives Say

Innovations such as livestreaming emerged as a new retail channel.

Kalyakan

Retailers Ask Biden Administration to Address Port Congestion

The National Retail Federation has delivered a letter to the White House this week asking the Biden administration to address congestion challenges that retailers are currently faced with at U.S. ports.

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March Retail Sales Grow as Vaccinations Rollout

Retail sales are continuing to see improvements as huge gains were made because of government stimulus checks and more people received vaccinations against the Coronavirus disease.

Alex Stemmer

Import Surge Expected to Continue Through Summer Months

The rise in imports at retail container ports is expected to continue through the end of the summer as workers aim to meet consumer demand, according to a report by the National Retail Federation.

Pexels Fashion Outlet

National Retail Federation: Retail Sales to Exceed $4.33T in 2021

NRF also expects the overall economy to gain between 220,000-300,000 jobs per month in 2021.

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Romance is in the Air: Valentine’s Day Spending to Reach $21.8B

Despite the COVID-19 pandemic, people still plan on celebrating Valentine's Day.

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Retail Imports Expected to Reach Monthly Records in 2021

Retail container ports will see monthly import records in 2021.

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2020 Sees $428 Billion Worth of Merchandise Returned

Consumers returned upwards of $428 billion in merchandise to retailers in 2020, nearing 10.6% of total U.S. retail sales last year.

Adobe Stock 321471783 (1)

2020 Retail Imports May Break Record Despite Pandemic

Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins.

Jelena

NRF Chief Economist Says Pandemic Made This Year’s Holiday Forecast the Most Challenging Ever

With the coronavirus pandemic presenting unique circumstances for the nation’s economy, forecasting retail holiday sales this year was more challenging than ever before.

Jelena

NRF Expects Holiday Sales Will Grow Between 3.6 and 5.2%

The numbers compare with a 4 percent increase to $729.1 billion last year and an average holiday sales increase of 3.5 percent over the past five years.

Jelena

October Retail Sales Grew as Consumers Started Holiday Shopping Early

Retail sales grew for the sixth month in a row in October, with sales significantly better than the same time a year ago as the economy continued to recover and consumers began their holiday shopping early.

Tm Ls Photo G Adobe Stock Cargo Containers

Imports Set New ‘Peak Season’ Record as Retailers Prepare for Holidays

Imports likely saw their busiest “peak season” on record this summer and fall as retailers replenished inventories and stocked up for the holiday season.