Tag Archives: National Retail Federation

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

Forrester: U.S. M-Commerce Will Top $114 Billion in 2014

Showrooming Shows Up Big in Harris Poll

CAMBRIDGE, Mass.-Mobile-phone and tablet commerce sales should total more than $114 billion this year and $293 billion by 2018, according to a study from Forrester Research. The firm said sales through tablets should account for more than $76 billion in revenues, while sales made from smart phones are expected to reach $38 billion. The reasonsMore »

Last updated: May 28, 2014

Retail Sales Relatively Flat in April

Census Bureau

WASHINGTON-U.S. retail sales totaled $434.6 billion in April, up a bare 0.1 percent from March and 4 percent from April of last year, according to this morning’s monthly retail sales report from the U.S. Census Bureau. The sales figures for the channels that sell home furnishings presented a mixed bag last month. Furniture and homeMore »

Last updated: May 13, 2014

Retail Import Volume to Gain in May

Container Port

WASHINGTON-Import volume at the nation’s major retailer container ports is projected to rise 3.5 percent in May, according to the most recent Global Port Tracker report from the National Retail Federation and Hackett Associates. A statement on the report added that negotiators are preparing to begin negotiations on a new contract for West Coast dockworkers.More »

Last updated: May 7, 2014

NRF Addresses Cybersecurity Threats

NRF

WASHINGTON-To meet the challenges posed by cybersecurity threats, the National Retail Federation has introduced a program that will provide retailers access to information on these issues as identified by retailers, government and law-enforcement agencies, and the financial-services sector. Developed in consultation with the Financial Services Information Sharing and Analysis Center (FS-ISAC), the program will launchMore »

Last updated: April 16, 2014