Associations

Washington, D.C. -- The National Retail Federation praised the Senate’s passage on Wednesday of Trade Promotion Authority

Washington, D.C. - Retailers lose billions of dollars to shoplifting, employee and vendor theft and administrative error, collectively known as inventory shrink.

According to the National Retail Federation (NRF)/University of Florida National Retail Security Survey, inventory shrink averaged 1.38% of retail sales, or $44 billion, in 2014. (The methodology for the survey changed in 2015 and as such, NRF does not have comparable data from prior years for this year’s report.) The report was sponsored by The Retail Equation.  

Retailers are losing billions of dollars to shoplifting, employee/vendor theft and administrative error, according to the National Retail Federation.

Washington, D.C. – Back-to-school spending for both K-12 and college students is on the upswing this year. According to a study of more than 6,400 adults with children in K-12 and college conducted by the National Retail Federation (NRF) and Prosper Insights, 29% of K-12 households plan to spend more in the current year than the previous year, as do almost 30% of college households.

The National Retail Federation is recognizing the nation's top law enforcement officers with the organization's annual loss prevention awards.

Recipients of the Ring of Excellence, Law Enforcement Retail Partnership and Retail Case of the Year will be honored during an awards ceremony at NRF PROTECT, the retail industry’s largest event for retail loss prevention executives in North America.

Shopper marketing firm Saatchi & Saatchi X has promoted one of its senior executives to be its next president.

The National Retail Federation is urging the Senate to quickly consider the stand-alone Trade Promotion Authority bill so that it can move to the president’s desk for his signature.

NRF issued the following statement from Senior Vice President for Government Relations David French: 

Usually it’s California causing regulatory headaches for retailers and suppliers, but now tiny Vermont is getting in on the action with onerous labeling requirements and hefty fines that are expected to be a compliance nightmare.

Arlington, Va. — The Retail Industry Leaders Association (RILA) is publicly urging members of the U.S. House of Representatives to approve H.R. 1314, a bill to renew Trade Promotion Authority (TPA) and extend Trade Adjustment Assistance (TAA) legislation. The bill is scheduled for vote June 12.

Washington, D.C. - Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates.