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Tag Archives: NRF

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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May Inflation Hits Highest Point Since 1981

May inflation

The U.S. Bureau of Labor Statistics released its Consumer Price Index for All Urban Consumers last week, which showed an increase of 1% in May, after rising 0.3% in April, and an inflation rate of 8.6%, the highest the U.S. …

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U.S. Ports Still Experiencing High Volume

Ports high volume

According to the most recent Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, major retail container ports are expected to see near-record volume during June, hindering retailers’ attempts to meet still-high consumer demand.  Ports …

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U.S. Adds 390,000 Jobs in May

jobs may

While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in …

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Back-to-School Trends for 2022

back to school supplies

According to the National Retail Federation’s Annual 2021 Back-to-School Survey, 51 percent of K-12 and college shoppers begin shopping for the items they need as early as July. Make the grade by taking note of trending back-to-school items and the …

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