The National Retail Federation released its annual list of the ‘Top 50 Global Retailers’ on Wednesday. The list, developed with help from London-based data analytics company Kantar, is a compilation of the 50 most impactful international retailers based on their…
National Retail Federation
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Arkansas Leaders Back Bill to Ease Shipping Backlogs, Boost US Exports
by AMP Staffby AMP StaffU.S. Senator John Boozman (R-AR) is supporting legislation to reform ocean freight shipping. The Ocean Shipping Reform Act would help level the playing field for American exporters by making it harder for ocean carriers to refuse goods ready to export…
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October Retail Sales Boosted By Early Holiday Shopping
by AMP Staffby AMP StaffThe National Retail Federation reports that retail sales rose in October, due in large part to many consumers beginning holiday shopping early to avoid shortages amid pandemic-driven supply chain disruptions that are dominating businesses and shoppers this holiday season. “Retail…
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Holiday Season Retail Imports Near Record Pace Despite Port Congestion
by AMP Staffby AMP StaffImports at the nation’s congested container ports are expected to remain at near-record levels for the remainder of the year as retailers rush to move merchandise from docks to shelves in time to meet the expectations of holiday shoppers, according…
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National Retail Federation Predicts Highest Holiday Retail Sales on Record
by AMP Staffby AMP StaffHoliday spending has the potential to shatter previous records, as the National Retail Federation on Wednesday forecast that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020, to between $843.4 billion and $859…
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White House Asks National Retail Federation to Address Supply Chain Issues
by AMP Staffby AMP StaffThe National Retail Federation (NRF) has issued a response to President Biden’s recent appointment of John D. Porcari as Port Envoy to address supply chain disruptions. Senior Vice President of Government Relations, David French, stated,“Retailers have faced a number of…
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U.S. Retail Sales Up As Recovery Continues, Group Says
by AMP Staffby AMP StaffRetail sales across the country saw solid growth during June as the recovery from the pandemic continued, according to a National Retail Federation report released Friday. NRF’s calculation of retail sales — which excludes automobile dealers, gasoline stations and restaurants…
After a devastating economic drop in 2020, one economist is optimistic about the economy’s progression during the COVID-19 pandemic. The National Retail Federation’s chief economist, Jack Kleinhenz, wrote that the economy has “come a long way compared to a year…
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Retail Sales Increased Monthly Since June, New Report Shows
by Tyler Haleby Tyler HaleRetail sales have steadily grown since the early months of the COVID-19 pandemic, according to the latest monthly report from the National Retail Federation (NRF). According to NRF chief economist Jack Kleinhenz, retail sales have increased month-over-month since June, in…