NRF news and archive

US retailers call for action against soaring credit card fees

Retailers across the nation are calling for action to be taken against increasing credit card swipe fees, which are driving up costs for businesses and consumers. At a Senate Judiciary Committee hearing on November 19, the National Retail Federation (NRF) underlined the economic impact caused by these fees and pushed for the Credit Card...

BusinessFeatured

US retail sales bounce back in October ahead of forecasted ‘record’ Thanksgiving weekend

Things seem to be looking up for the US retail sector, which bounced back “strongly” in October according to new figures released by the CNBC/National Retail Federation (NRF) Retail Monitor. According to the report, total retail sales were up 0.74 percent seasonally adjusted month-over-month, and up 4.13 percent unadjusted year-over-year in the...

People

NRF names Tommy Hilfiger as the winner of its The Visionary 2025 award

The National Retail Federation (NRF) has named American fashion designer Tommy Hilfiger the recipient of its annual Visionary award. The founder of the eponymous brand will receive the award at the 10th annual NRF Foundation Honors on January 12, 2025, in New York City. “With four decades of building a brand that has seamlessly blended classic...

FairsFeatured

NRF Retail's Big Show: 4 Consumer Trends Driving Retail in 2024

As the dust slowly begins to settle following the latest NRF 2024 Retail's Big Show and the last out-of-town visitors leave, we pause to reflect on some of the lessons gleaned from the annual industry gathering. Throughout the event, leading retailers from various sectors convened to explore the industry's newest innovations, solutions, and...

FairsFeatured

What to expect at the NRF 2024: Retail's Big Show

NRF Retail Big Show is returning to the Jacob K. Javits Convention Center in New York this weekend for its 2024 edition. One of the industry's leading events, the National Retail Federation's (NRF) Big Show features talks, exhibitions, live demonstrations, and more, covering topics ranging from innovation to new technologies, leadership, and...

Business

NRF says US imports to remain lower than 2022 levels

The National Retail Federation (NRF) has said that it is expecting US imports to remain “well below” last year’s levels in 2023 as demand continues to falter in the region. This is according to research carried out by the organisation and Hackett Associates, which collaborated on the Global Port Tracker report for 2023. While levels are still...

RetailFeatured

Retailers focus for 2023: Reaping the fruits of their tech investments and championing customer loyalty

After a couple of years dominated by uncertainty, apparel retailers have a clear path of action: 2023 is the year to reap the fruits of their investments in AR, AI, and other tech to champion customer loyalty. Earlier this week, the who is who of the retail industry met at the US largest trade event of the year to debate whereas that sought...

Fairs

NRF Retail Big Show in New York: What to expect

NRF Retail Big Show is returning to New York in 2023. The leading retail event covers topics like innovation, new technology, leadership, new business models, omnichannel, and many more. The event features a 300,000 square foot exposition space, an NRF Innovation Lab, a Startup Zone, and an educational curriculum about the industry and future...

Retail

NRF raises 3.22 million dollars to fund programmes supporting future retail leaders

The National Retail Federation (NRF) has raised 3.22 million dollars at its seventh annual NRF Foundation Honors, an event to raise funds for the organisation’s programmes supporting careers in retail. Set at the Marriott Marquis Times Square, the event was co-hosted by Macy’s chairman and CEO, Jeff Gennette, and former Qurate Retail president...

Business|ANALYSIS Featured

From policy abuse to friendly fraud: Retailers face billions in revenue loss

As consumers and brands alike settle into the new ways of commerce, businesses have been facing a rising volume of fraudulent activities. From account takeover to policy abuse, to chargeback and friendly fraud, retailers are looking for ways to mitigate different types of fraud costing them billions in revenue annually. Whenever a customer asks...

Fairs

Handheld aims to improve shipping efficiency

In this world of e-commerce, there is nothing more imperative to retailers than shipment. Handheld is helping make the shipping process more seamless using their new SP500X ScanPrinter. The device is currently the only device of its kind that allows workers to scan a barcode with one swipe and with the next swipe prints information (like which...

Fairs|Interview

Surefront aims to centralize retail communication

COVID-19 threw the world into a global supply chain crisis. The tech industry took notice and realized there was an increase in demand for product lifecycle management (PLM) software. With necessity being the mother of invention, this led to the creation of Surefront, a PLM software that is becoming well known for saving the sanity of suppliers...