Tag Archives: National Retail Federation

NRF: Retail Sales to Accelerate in Second Half

NRF

WASHINGTON-U.S. retail sales will grow significantly in the second half of 2014 after a slow start to the year, according to a forecast from the National Retail Federation. After increasing by 2.9 percent in the first half, sales will grow by at least 3.9 percent in the second half, NRF said. Overall, 2014 retail salesMore »

Last updated: July 23, 2014

NRF: Back-to-School Spending to Edge Up

NRF

WASHINGTON-Fueled by purchases for back-to-college, American families are expected to spend slightly more on back-to-school products during this year’s season, according to the National Retail Federation’s 2014 Back-to-School Survey, conducted by Prosper Insights & Analytics. The survey found that the average college student and his/her family will spend $916.48 on dorm furniture, school supplies, electronicsMore »

Last updated: July 17, 2014

Retail Sales Gain in June

Census Bureau

WASHINGTON-U.S. retail sales posted a gain of 0.2 percent in June over May, and 4.3 percent over June of last year, totaling $439.9 billion, according to the U.S. Census Bureau’s monthly report issued this morning. The increases “reinforce the renewed strength of consumer confidence and marked increases in retail employment over the last few months,”More »

Last updated: July 15, 2014

Retail Imports Surge as Contract Talks Continue

Retail Import Cargo

WASHINGTON-With talks about a new contract between the International Longshore and Warehouse Union and the Pacific Maritime Association ongoing, imports at the nation’s major retail container ports are on an accelerating pace, according to the latest Global Tracker Report from the National Retail Federation and Hackett Associates. This month, the report projected, the ports areMore »

Last updated: July 10, 2014

Economy Could Lose Billions in West Coast Port Shutdown, Study Says

Container Port

WASHINGTON-The U.S. economy could lose as much as $2.5 billion a day if a prolonged shutdown of West Coast container ports takes place, according to a study conducted jointly for the National Retail Federation and the National Association of Manufacturers by economists at the Interindustry Forecasting Project at the University of Maryland. Negotiations for aMore »

Last updated: June 30, 2014

Sadove Joins Traub to Launch Traub Accelerator

Stephen Sadove

NEW YORK-Marvin Traub Associates has named Stephen Sadove, former Saks chairman and CEO, to introduce the Traub Accelerator, a new division targeted to grow innovative technologies, concepts and platforms in the retail  and consumer industries. In his new role, Sadove will serve as co-founder and head of Traub Accelerator, and will act as advisor toMore »

Last updated: June 10, 2014

Import Volume Set for Jump in June

Container Port

WASHINGTON-With a potential strike by West Coast dockworkers on the horizon, retailers are expected to rush high quantities of merchandise through the major U.S. container ports in June, according to the most recent Global Port Tracker report issued by the National Retail Federation and Hackett Associates. This month is expected to bring a 7.5 percentMore »

Last updated: June 9, 2014

NRF: Father’s Day Spending to Top $12.5 Billion

NRF

WASHINGTON-Total U.S. spending for Father’s Day gifts should be $12.5 billion for this year’s holiday, according to a survey conducted for the National Retail Federation by Prosper Insight & Analytics. Average spending for the holiday will be $113.80, down from $119.84 last year, the survey found. Spending on personal-care items, such as men’s grooming products,More »

Last updated: June 5, 2014