Nrf news and trends

NRF Takes Gloves Off in Swipe Fee Settlement Objection Filing
Retail // April 28, 2024

The National Retail Federation (NRF) on Friday (April 26) asked a federal judge to reject the proposed settlement of a class-action antitrust lawsuit over swipe fees charged to merchants to process Visa and Mastercard credit card transactions. “This ‘settlement’ is a backroom deal struck without...

Mother’s Day Spending Expected to Dip Following 2023 Record
Consumer Insights // April 25, 2024

American consumers are projected to spend $33.5 billion on their moms next month. That’s according to new data from the National Retail Federation (NRF), which noted that amount is the second-highest in the history of its surveys of spending on Mother’s Day, following last year’s...

NRF Expects ‘Moderate but Steady’ Retail Sales Growth in 2024
Retail // March 20, 2024

The National Retail Federation (NRF) expects retail sales to grow between 2.5% and 3.5% in 2024. That forecast is in line with the 2023 annual sales growth and the 10-year pre-pandemic average annual sales growth — both of which were 3.6%, the trade association said in a...

NRF Preview: Retailers Hope Last Year’s Pivots Turn Into 2024 Sales
Retail // January 15, 2024

Last year, the National Retail Federation’s annual show put the spotlight on the return of physical retail and AI. This year, it’s all about checking out how these innovations are hitting the sales floor and making a real impact.  “It’s our Super Bowl,” said Eric...

Interviews & Exclusives
NRF Preview: Retailers Hope Last Year’s Pivots Turn Into 2024 Sales

January 15, 2024
Last year, the National Retail Federation’s annual show put the spotlight on the return of physical retail and AI. This year, it’s all about checking out how these innovations are hitting the sales floor and making a real impact.  “It’s our Super Bowl,” said Eric Olson, vice president of education at NRF, who spoke on […]

Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees

October 19, 2023
Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in a decade. Next week, the...

Slumping Sales Could Stoke Retail Industry’s Appetite for Digital Efficiencies

January 18, 2023
With retailers posting their worst results in a year during their most important month for sales, the time for self-guided digitalization has arrived. Instead of cranking out discounts and relying...

Can FinTechs Get Through A Turbulent Market?

March 10, 2020
There are bad days on the market — and in the wake of COVID-19, the disease caused by the coronavirus, which has spent the last month gaining more and more...

Quick Reads
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO

May 13, 2024
Shein reportedly has some work to do if it wants to court the U.S. retail industry. The fast fashion giant filed for an initial public offering (IPO) in the U.S. last year, but has also been trying to become a member of the National Retail Federation (NRF), CNBC reported Monday (May 13.) So far, those repeated attempts have been unsuccessful, […]

Mother’s Day Spending Expected to Dip Following 2023 Record

April 25, 2024
American consumers are projected to spend $33.5 billion on their moms next month. That’s according to new data from the National Retail Federation (NRF), which noted that amount is the...

NRF Expects ‘Moderate but Steady’ Retail Sales Growth in 2024

March 20, 2024
The National Retail Federation (NRF) expects retail sales to grow between 2.5% and 3.5% in 2024. That forecast is in line with the 2023 annual sales growth and the 10-year pre-pandemic average...

NRF Releases Principles for AI Use in Retail Sector

November 13, 2023
The National Retail Federation (NRF) has released its Principles for the Use of Artificial Intelligence in the Retail Sector, providing a framework for retailers to govern and strategically plan their use of artificial...