NRF news and archive

US: Summer sales boost spending as consumers brace for tariff impact on prices

Consumer spending was up in July as summer sales helped drive forward activity following a more lacklustre June. According to the CNBC/NRF Retail Monitor, total retail sales in the US, excluding automobiles and gasoline, rose 1.45 percent seasonally adjusted month-over-month. Unadjusted year-over-year sales increased 5.89 percent, compared to a...

Retail

US retail sales impacted by ‘prolonged uncertainty’, yet yearly figures rise

New figures from the National Retail Federation (NRF) and CNBC have shown a drop in monthly sales in the US, the first decline since February. While spending was said to be down in all sectors throughout June when compared to the month prior, in contrast, figures rose year-over-year. According to the CNBC/NRF Retail Monitor, total retail sales,...

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Business

NRF calls to block New York’s ‘algorithmic’ pricing law

The National Retail Federation (NRF) is calling for a New York law that would require retailers to disclose the use of “algorithmic” pricing to be blocked. The retail organisation has asked the federal court to halt the implementation of the law, which it claims would “unfairly malign a system that helps merchants give customers lower prices and...

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Fairs

NRF 2025: Retail’s Big Show to make European debut in Paris this September

Details of the first European edition of NRF: Retail’s Big Show Europe, taking place in Paris from September 16 to 18, were presented this morning in Milan. The event, which has always been held in New York, aims to unite the established missions of Paris Retail Week (Comexposium Group) and the renowned National Retail Federation (NRF). Arnaud...

Retail

US: Retail sales hesitantly grow in May as tariff uncertainty lingers

New figures released by the National Retail Federation (NRF), have shown that despite retail sales continuing on an upward trend throughout May, a sense of uncertainty is lingering in the wake of tariff adjustments. In the US, total retail sales, excluding automobiles and gasoline, rose marginally by 0.49 percent month-over-month and 4.44...

Retail

Father’s Day spending to reach record $24 billion

Father’s Day spending is set to reach a record-breaking 24 billion dollars this year, according to data from the National Retail Federation and Prosper Insights & Analytics. This number is up from 22.4 billion dollars last year and is more than the former record of 22.9 billion dollars in 2023. “Americans are embracing meaningful traditions and...

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Business

AAFA, FDRA and NRF welcome US-China tariff pause, call for long-term deal

US apparel and footwear trade associations have welcomed the US and China’s 90-day pause on heightened tariffs. Yet, while the temporary agreement has somewhat calmed the waters of the two regions’ trade war, organisations are still calling for a long-term deal that will mitigate rising costs and prices. This was reflected in a statement from...

Retail

US retail sales grow in April ahead of expected tariff price increases

Retail sales increased across the United States in April, as consumers stocked up on goods to avoid the impending higher prices set to come with tariffs, according to the CNBC/NRF Retail Monitor, published by the National Retail Federation. “Spending rose again in April, driven largely by consumers continuing to pull purchases forward to stay...

Retail

US consumers projected to spend 23.6 billion dollars over Easter weekend

Ahead of the Easter weekend, the National Retail Federation (NRF) has released its annual survey projecting consumer spending for the holiday period. Together with Prosper Insights, the organisation said consumers were planning to spend a total of 23.6 billion dollars on Easter this year, up from the 22.4 billion dollars spent in 2024. While...

Retail

NRF projects $5.42 trillion in 2025 retail sales amid global economic uncertainty

US retail sales are forecasted to grow between 2.7 percent to 3.7 percent in 2025, reaching 5.42 to 5.48 trillion dollars, according to the National Retail Federation (NRF). This projection was shared earlier this week, during the NRF’s annual State of Retail & the Consumer event, and reflects economic momentum driven by low unemployment and...

Retail

US: Yearly sales up in January despite consumers holding back

After a busy holiday season, consumers in the US seemed to pull back their costs in January, despite spending being up on a yearly basis, reflecting a strengthened market overall. This is according to new figures collected in the CNBC/NRF Retail Monitor, which revealed that total retail sales across the US for January, excluding automobiles and...

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NRF backs Trump’s plans to review tariffs but warns of consumer impact

The National Retail Federation (NRF), the US’ retail trade association, has said that it will welcome president Donald Trump’s review of tariffs but warns of consequences in relation to possible cost increases for consumers. Its comments come after Trump directed federal agencies to examine US trade policies on January 20, 2025, with a goal to...