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  • NRF: Holiday sales won’t be as bad as feared

    Washington, D.C. -- The National Retail Federation on Wednesday was quick to shine a more positive light on holiday sales 2012, suggesting that reports of the worst holiday results since 2008 are not correct.

    Matthew Shay, president of the NRF, said he's still predicting a 4.1% increase. "We're still pretty optimistic it's going to be a solid year," Shay said Wednesday on CNBC’s "Squawk on the Street." "We're still going to have year-over-year growth" of 4.1%. But that is down from 5.6% growth last year.

  • BBC exec joins HSN, Inc. board

    ST. PETERSBURG, Fla. — Interactive multichannel retailer HSNi has appointed BBC executive Ann Sarnoff to its board of directors.

    Sarnoff will also serve on HSNi’s Compensation and Human Resources Committee. Her appointment expands the number of board members to ten.

  • NRF weighs in on fiscal cliff

    WASHINGTON — The National Retail Federation welcomed the House vote on legislation intended to avoid middle-class tax increases in the fiscal cliff, saying progress on the issue is critically important.

  • Amazon and Kohl’s execs among those honored by NRF

    Washington, D.C. -- Executives at Amazon, Kohl’s, Crocs and Lululemon have been named recipients of the National Retail Federation’s annual awards. Amazon founder and CEO Jeff Bezos received the Gold Medal Award, recognized for serving the industry with distinction and achieving a national reputation for excellence.

  • Coke app is play with purpose

    ATLANTA — The Coca-Cola Company has introduced a free-to-play mobile game called Thred, which will enable users to have fun while getting involved in the global campaign to fight AIDS, tuberculosis and malaria.

    Coca-Cola teamed up with Red, an organization founded in 2006 by Bono and Bobby Shriver to engage businesses and people in the fight against AIDS.

  • Chain drug association CFO retires

    ALEXANDRIA, Va. — The National Association of Chain Drug Stores’ EVP and CFO Jim Huber is retiring after 25 years of service.

    He will be succeeded by David Fitzsimmons, who has been promoted to SVP of finance and administration, effective December 21. Fitzsimmons currently serves as VP of finance and accounting.

  • Lynn Gust secures top job at Kroger division

    Long time Fred Meyer executive Lynn Gust was named president of the 133 store Kroger division.

    Gust, 59, joined Koriger in 1970 as a parcel clerk and most recently served as the company’s SVP of operations. Gust was appointed to that position in 2011 and prior to that he served as EVP of corporate merchandising and advertising. During his career Gust also served as vp of the Fred Meyer food group and SVP of store operations.

  • Crisis averted, supply chains rebound in December as 2013 trouble looms

    Cargo volumes at U.S. ports are forecast to increase 3.9% this month following a 5.6% decline in November. That’s the good news, but now retailers and suppliers have to worry about the possibility of a strike at East coast ports.

    The strike by workers at the ports of Los Angeles and Long Beach negatively affected container volumes in November, but resolution of the strike after eight days meant disruption in December was limited to just two days, according to the monthly Global Port Tracker report compiled by the National Retail Federation and Hackett Associates

  • Cargo volumes rebounding in December despite port strikes

    Washington, D.C. -- A report released Tuesday by the National Retail Federation and Hackett Associates found that cargo volumes at U.S. ports are forecast to increase 3.9% in December following a 5.6% decline in November.

    According to the monthly Global Port Tracker report, container volumes were negatively impacted in November by the West coast strike by workers at the ports of Los Angeles and Long Beach, but resolution of the strike after eight days meant disruption in December was limited to just two days.

  • Tracking report: U.K. holiday shopping accelerates

    London -- An increasing number of U.K. consumers are spending more time at the nation’s shopping centers, according to a newly launched weekly statistic released Wednesday by the International Council of Shopping Centers and Path Intelligence.

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