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Tag Archives: NRF

Retailers See Record Number of Shoppers Over 2022 Thanksgiving Weekend

2022 Thanksgiving Weekend

A record 196.7 million Americans shopped in stores and online during the 2022 Thanksgiving weekend, which included the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey by the National Retail Federation (NRF) and …

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NRF Predicts Healthy Growth for Holiday Retail Sales

holiday retail sales

In light of inflation woes and continued supply chain issues, the National Retail Federation predicts holiday retail sales during November and December will grow 6% to 8% from 2021. That amount of growth would put sales between $942.6 billion and …

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NRF Study Finds Retail Shrink Is a $100 Billion Problem 

retail shrink

In its annual retail survey, the National Retail Federation (NRF) found that retail shrink is an almost $100 billion problem. NRF’s Retail Security Survey is an annual survey of retail loss prevention professionals that covers national retail security issues such …

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NRF Says Consumers Still Spending in Light of Inflation Woes

consumers spending inflation

In the latest Monthly Economic Review from the National Retail Federation (NRF), chief economist Jack Kleinhenz says that consumers are worried about high inflation and increased interest rates but are still spending. Overall retail sales reported by the Census Bureau …

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3 Retailer Resources for Loss Prevention

retailer resources

Theft, fraud and shrinkage can wreak havoc on a business, with the 2021 National Retail Security Survey reporting that the average dollar loss increased from 2019 to 2020. The average loss for shoplifting was up 71%, and dollar loss from …

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Independent Retailer Attends NRF Small Business Summit

Small Business Summit

Bringing together retail industry players from around the country, the National Retail Federation’s (NRF) Retail Advocates Summit gave retailers an opportunity to directly connect with policymakers. A highlight of this year’s small business summit was The Retail Experience, featuring six …

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Inflation Hits Highest Point in 40 Years

inflation 40 years

The inflation rate topped 9.1% in June, the highest percentage in 40 years, according to the U.S. Bureau of Labor Statistics. The Consumer Price Index was up 1.3% in June on top of the 1.0% increase in May. The energy …

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NRF Honors Independent Home Improvement Retailer

NRF honors

Each year at its annual Retail Advocates Summit, the National Retail Federation (NRF) honors the work of small business owners who are going above and beyond to advocate for the independent retail industry. The America’s Retail Champions program features 34 …

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