April Sales, Retail Job Gains Disappoint

NRF

April retail sales for apparel and accessories stores were virtually flat compared to March (up 0.2%) and edged up 0.7% over April last year.

NRF: West Coast Port Shutdown Could Cost $2 Billion a Day

Contract negotiations actually began last spring, but little visible progress has been made while the ports become more congested.

Supreme Court Won’t Touch Debit Card Fees

The U.S. Supreme Court says it will not review the Federal Reserve’s rules on how much banks can charge retailers for debit card transactions.

Container Store’s Kip Tindell Named Chairman of NRF

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Kip Tindell, the CEO of The Container Store, has been elected chairman of the National Retail Federation’s board.

NRF: November Sales Rose 3.2%

The National Retail Federation said that November retail sales, excluding cars, gas stations and restaurants, rose 3.2 percent over November 2013. “As we’ve said all along, retailers are optimistic that they will see healthy holiday sales gains this year,” Said NRF CEO Matthew Shay. “November sales results confirm that optimism, and we are steadfast in […]

Have Early Promotions and Online Sales Killed Black Friday?

Retail traffic for Thanksgiving weekend was down 5.2 percent from last year, according to a survey by the National Retail Federation.

NRF Asks President Obama to Intervene in West Coast Port Talks

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The NRF is asking Obama to get involved in the contract talks between the Pacific Maritime Association dockworkers.

NRF: 2014 Holidays Sales to Increase 4.1% to $616.9 Billion

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This would mark the first time since 2011 that holiday sales would increase more than 4 percent.

NRF: Holiday Traffic Up, Spending Down

NRF

More than 141 million individual people shopped over the Thanksgiving holiday weekend, according to the NRF.

NRF: Holiday Gift Card Sales to Hit $30 Billion

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The NRF estimates that 80% of consumers will buy gift cards this holiday season, with total spending on cards nationwide reaching $29.8 billion.