As politicians grapple with the issue of deficit reduction, some pundits such as The Atlantic Monthly’s Derek Thompson, and former chairman of the Federal Reserve, Paul Volcker, are floating the idea of a value added tax, or VAT, to help close the budget shortfall. The National Retail Federation commissioned a study of public opinion on […]
Retail managers need to change their corporate culture if they want to make the most of all their assets, whether digital or physical. That’s the conclusion of a new study conducted by Retail Systems Research, in partnership with the National Retail Federation. According to the study, “Creating a single brand identity across all channels,” remains […]
Visa announced it will be joining with the National Retail Federation (NRF) in an effort to reduce the storage of sensitive information in merchant payment systems, calling for the elimination of account information whenever possible.
Some small, mid sized and regional retailers who still set fees and expiration dates on gift cards could be affected by new card rules in August, 2010. That’s because The Federal Reserve is refusing to give retailers extra time to comply with new restrictions on gift card expiration dates, fees and disclosures, saying the rules […]
Considering the state of the economy last year, any improvement is to be cheered. That’s why the Washington, D.C. based National Retail Federation (NRF) was happy to report U.S. Commerce Department figures showing January 2010 retail industry sales increased 0.5 percent seasonally, adjusted month to month. “We continue to see the economy show subtle signs […]
Hundreds of thousands of law enforcement officers around the country will gain instant access to information on retail crime, through a new partnership between retailers and the Federal Bureau of Investigation, according to the National Retail Federation (NRF). Through the FBI’s Law Enforcement Online network, federal and local law enforcement will be able to directly […]
Sir Terry Leahy, CEO of Tesco, Britain’s largest supermarket chain, offered ten management lessons, recently at the National Retail Federation’s (NRF) Annual Conference in New York. They are: Find the truth. Don’t just rely on research or past experience. Find out where your company stands now by talking directly to the customer. They will be […]
Any increase in retail sales in 2010 is welcome news, after what the economy has been going through. So it is good news that the National Retail Federation is projecting retail industry sales (excluding automobiles, gas stations, and restaurants) will increase 2.5 percent from last year. According to its bi-monthly Retail Sales Outlook, influential economic […]
THE NATIONAL Retail Federation (NRF) expressed disappointment recently in the Senate passage of health care reform legislation, saying the measure does little to reduce costs for businesses, and is likely to result in further retail job losses.
WHAT HAVE RETAILERS learned from the recession?