The National Retail Federation elects new chairman

NEW YORK, 2018-Jan-22 — /EPR Retail News/ — The National Retail Federation today announced that BJ’s Wholesale Club President and CEO Christopher J. Baldwin has been elected chairman of the NRF Board of Directors. In addition, eight other retailers and retail partners have been elected as new members of the board.

“Chris Baldwin is one of the top thought leaders in retail and is well-positioned to guide NRF through the rapid transformation facing our industry as consumers discover new ways to shop and merchants find new ways to serve their customers,” NRF President and CEO Matthew Shay said. “NRF and the entire industry will benefit from his experience and insights. The new members of our board are also among the best in the business, and we look forward to their help in addressing the challenges and opportunities that lie ahead.”

“I’m honored to help lead NRF during such rapid change in the retail industry,” Baldwin said. “Retail is a crucial driver of our economy and provides opportunities for millions of workers across the United States. I’m very optimistic about the opportunities ahead of our industry and look forward to working with NRF staff and board members during this period of retail transformation.”

Baldwin, who will serve a two-year term, was elected as the board held its annual winter meeting in New York as part of NRF 2018: Retail’s Big Show. He succeeds Macy’s Inc. Executive Chairman Terry Lundgren, who assumed the NRF chairmanship last July after former HSNi CEO Mindy Grossman resigned from the board to head Weight Watchers.

Newly elected members of the board are:

  • Miki Racine Berardelli, CEO, KIDBOX
  • John Furner, president and CEO, Sam’s Club
  • Jeff Gennette, CEO, Macy’s Inc.
  • Mike George, president and CEO, QVC Group
  • Steve Joyce, CEO, DineEquity
  • Rachel Mushahwar, general manager, U.S. enterprise, government, SLED and cloud industries, Intel
  • Eva Press, U.S. group lead, consumer packaged goods, government, healthcare and retail, Facebook
  • Brad Weston, CEO, Petco

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private-sector employer, supporting one in four U.S. jobs — 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF.com

SOURCE: National Retail Federation

J. Craig Shearman
(202) 626-8134
press@nrf.com
(855) NRF-Press

The National Retail Federation applauds Senate passage of landmark tax reform legislation

WASHINGTON, 2017-Dec-04 — /EPR Retail News/ —The National Retail Federation welcomed Senate passage early today (December 2, 2017) of landmark tax reform legislation, saying congressional action on the pro-growth plan is helping boost consumer confidence and that savings from reform could be enough to pay for many families’ holiday shopping.

“This vote couldn’t come at a better time,” NRF President and CEO Matthew Shay said. “Holiday shopping was strong throughout the Thanksgiving weekend, and a good part of the reason was optimism about the work Congress is doing to pass tax reform. Consumers and voters are beginning to realize that tax reform will create jobs, leave more money in the pockets of middle-class Americans and give our nation’s economy the biggest boost it’s seen in decades. In fact, the savings is enough to give the average family a free Christmas. It’s time to get this legislation to President Trump so American consumers will know they can count on extra money in their paychecks come January.”

“We look forward to members of the House and Senate sitting down to reconcile the differences between their versions of the legislation so that a final bill can be signed into law as soon as possible,” Shay said. “There is far more that the two chambers agree on than they disagree on. And both clearly agree that the time for tax reform has come.”

According to the Senate Finance Committee, a typical family of four earning the average annual income of $73,000 would see its taxes cut by nearly $1,500 a year, or $125 a month, and some estimates are higher. The number is enough to completely cover the $967.13 NRF expects the average consumer to spend this year as part of up to $682 billion in holiday season sales.

An NRF survey found that 174 million American adults shopped from Thanksgiving Day through Cyber Monday, 10 million more than NRF had projected.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private-sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.

Contact:

J. Craig Shearman
(202) 626-8134
press@nrf.com
(855) NRF-Press

Source: NRF

National Retail Federation and Object Management Group announces new partnership

WASHINGTON, 2017-Mar-14 — /EPR Retail News/ — The National Retail Federation and international technology standards consortium Object Management Group today announced that they have formed a new partnership to manage a portion of the functions previously performed by NRF’s Association for Retail Technology Standards division.

“This arrangement will allow NRF to focus on ARTS’ core mission of collaboration, education and research while ensuring that standards developed over the past two decades are maintained and continue to evolve along with the retail industry,” NRF Vice President for Retail Technology Tom Litchford said. “Retail is a highly innovative industry that uses the latest technology to continually serve its customers, and NRF remains committed to keeping merchants on the cutting edge.”

“NRF and OMG share a passion for delivering real value to our communities, and look forward to a continued partnership to guarantee portability and interoperability in the retail space,” OMG Chairman and CEO Richard Soley said. “The ARTS standards are and will continue to be the key to increasing quality, decreasing cost and increasing choice in retail systems as they continue under the auspices of OMG.”

Under the partnership, OMG will assume responsibility for the following standards:

  • Retail Data Model including an operational data model and a data warehouse model. ARTS’ operational data model offers a transaction-oriented view of retail enterprise data supporting the day-to-day management of a retail enterprise while the data warehouse model supports business reporting and analysis.
  • Unified POS standards for communication between retail point-of-sale equipment such as cash registers, card readers, barcode scanners and receipt printers whether physically attached or web-based.
  • A2A Messaging – Application-to-application messaging “schemas” that allow software applications to communicate and share data.
  • BPM – Retail business process models that map how retailers manage their business.

NRF will continue to handle standard request-for-proposal templates that help retailers research and evaluate technology and software they seek to purchase, and publication of white papers on technology issues ranging from cloud computing to cybersecurity. Members of various ARTS committees will be invited to participate in comparable leadership positions at OMG. The community will continue to meet, network and exchange best practices as part of NRF’s technology leadership councils.

ARTS was founded more than 20 years ago and is best known for making technology less expensive for retailers. Its standards offer reference designs to help retailers build or acquire integrated business applications, help developers and analysts understand basic retail business principles, and offer a suite of data management tools to allow different data formats to communicate.

About OMG
The Object Management Group is an international, open membership, not-for-profit technology standards consortium with representation from government, industry and academia. OMG task forces develop enterprise integration standards for a wide range of technologies and an even wider range of industries. OMG’s modeling standards enable powerful visual design, execution and maintenance of software and other processes. Visit www.omg.org for more information. #OMGTech

About NRF
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF.com

SOURCE: National Retail Federation

(202) 626-8134
(855) NRF-Press

The National Retail Federation supports legislation to repeal and replace ObamaCare

Bills Do Not Include Tax on Employer-Provided Health Benefits

WASHINGTON, 2017-Mar-09 — /EPR Retail News/ — The National Retail Federation today (March 7, 2017) said it supports legislation unveiled by House Republicans to repeal and replace former President Obama’s Affordable Care Act.

“Retailers want reforms that push us toward a more competition-driven private health care market, and the ObamaCare repeal-and-replace bills take us in that direction,” NRF Senior Vice President for Government Relations David French said.

“We believe this reform can be achieved without disturbing the tax treatment of employer-provided benefits, which are the foundation of coverage for more than 175 million Americans,” French said. “Employees are highly sensitive to any change in benefits and younger, healthier workers could choose to drop their coverage altogether rather than pay more taxes. We are pleased that House leadership heard our concerns and that their bills do not disturb this structure. We will work with Congress to repeal all threats to employer-based coverage, including the so-called Cadillac tax on health benefits.”

Retailers oppose proposals to cap the current exclusion from taxable income of employer-provided health benefits, and NRF has been working to educate lawmakers on the consequences of taxing health benefits. While House Republican leadership proposed capping the exclusion last June, the provision was not included in the legislation released on Monday. NRF nonetheless remains wary that the concept will emerge in other legislation later this year.

NRF supports efforts to repeal ObamaCare’s employer mandate and to provide the individual and small group markets with interim stability.

“Health benefits are highly sought after, even for small start-up businesses, and greater stability will help create a better functioning market,” French said.

Retailers are also pleased with the reform bills’ focus on market-driven changes to benefit offerings. Greater variation in what is offered and freeing up where it can be purchased would help lower costs through greater competition. Enhancements to health savings accounts, greater state flexibility in rating factors and the availability of catastrophic coverage are all important reforms NRF supports.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.

Contact:

Robin Roberts
press@nrf.com
(855) NRF-Press

Source: NRF

The National Retail Federation releases its economic forecast for 2017

WASHINGTON, 2017-Feb-09 — /EPR Retail News/ — The National Retail Federation today (February 8, 2017) released its economic forecast for 2017, projecting that retail industry sales, which exclude automobiles, gasoline stations and restaurants, will grow between 3.7 and 4.2 percent over 2016. Online and other non-store/online sales, which are included in the overall number, are expected to increase between 8 and 12 percent.

“The economy is on firm ground as we head into 2017 and is expected to build on the momentum we saw late last year,” NRF President and CEO Matthew Shay said. “With jobs and income growing and debt relatively low, the fundamentals are in place and the consumer is in the driver’s seat. But this year is unlike any other – while consumers have strength they haven’t had in the past, they will remain hesitant to spend until they have more certainty about policy changes on taxes, trade and other issues being debated in Congress.

“Lawmakers should take note and stand firm against any policies, rules or regulations that would increase the cost of everyday goods for American consumers,” Shay said.

“Prospects for consumer spending are straightforward – more jobs and more income will result in more spending,” NRF Chief Economist Jack Kleinhenz said. “Regardless of sentiment, the pace of wage growth and job creation dictate spending. Our forecast represents a baseline for the year, but potential fiscal policy changes could impact consumers and the economy. It seems unlikely that businesses will notably increase investment until tax reform and trade policies are well-defined.”

“It is clear that online sales will continue to expand in 2017 and provide growth for the retail industry,” Kleinhenz said. “But it is important to realize that virtually major retailer sells online and many of those sales will be made by discount stores, department stores and other traditional retailers. Retailers sell to consumers however they want to buy, whether it’s in-store, online or mobile.”

Additional Economic Insights:

  • The economy is expected to gain an average of approximately 160,000 jobs a month. The number is down slightly from 2016 but consistent with labor market growth.
  • Unemployment is expected to drop to 4.6 percent by the end of the year.
  • Economic growth is likely to be in the range of 1.9 to 2.4 percent.
  • The forecast is a baseline, and does not take into account new fiscal measures pending in Washington.

Retail industry sales as defined by NRF include most traditional retail categories including non-store sales, discounters, department stores, grocery stores, specialty stores, and auto parts and accessories stores but exclude sales at automotive dealers, gasoline stations, and restaurants. Non-store/online sales include online sales, kiosks, catalogs, etc. and are a breakout of the overall number.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.

Contact:
Treacy Reynolds
press@nrf.com
(855) NRF-Press

Source: NRF

The National Retail Federation highlighted the negative consequences of Obama’s proposal to expand overtime

WASHINGTON, 2016-Apr-14 — /EPR Retail News/ — The National Retail Federation today increased pressure on the Obama Administration to rethink its proposal to expand overtime and more than double the threshold at which a job can become a salaried career-track position. In a meeting with administration officials and a letter to Congress, NRF highlighted the negative consequences such an extreme change would have on the American workplace for generations to come.

“On behalf of the nation’s retail industry, the National Retail Federation urges you to consider cosponsoring the Protecting Workplace Advancement and Opportunity Act,” Senior Vice President for Government Relations David French wrote in a letter to all members of the House and Senate.

“The Protecting Workplace Advancement and Opportunity Act would provide an important pause in the rulemaking process and require DOL to complete critical analysis of the impacts on businesses, lower-cost regions of the country, non-profit and public sector employers and healthcare providers as well as the non-financial costs incurred by these employers,” French said. “These are studies that DOL should have undertaken before issuing the proposed rules and on which the public deserves an opportunity to comment.”

Retailers will meet this afternoon with the Office of Management and Budget to discuss the negative impacts of the proposed overtime regulations. OMB is currently reviewing the proposal in one of the last steps before a final version is released by the Department of Labor.

An Oxford Economics study commissioned by NRF estimated that DOL’s plan would affect 2.2 million workers in the retail and restaurant industries alone and cost businesses $8.4 billion a year in added wages if fully implemented. Yet, given the tight economy, Oxford found employers would be forced to compensate for these increased payroll costs by reducing bonuses and benefits, replacing full-time employees with part-time workers, and converting salaried employees to clock-punchers with less flexibility or fewer career development opportunities.

Nonetheless, employers would see an estimated $745 million in administrative costs even if workers saw no increase in take-home pay.

The Protecting Workplace Advancement and Opportunity Act was introduced last month by Senator Tim Scott, R-S.C., and Representative Tim Walberg, R-Mich., with Senate Health, Education, Labor and Pensions Committee Chairman Lamar Alexander, R-Tenn., and House Education and Workforce Committee Chairman John Kline, R-Minn., as cosponsors. The legislation would require the Labor Department to conduct a comprehensive economic analysis on the impact of the proposed overtime expansion on small businesses, nonprofits, and public employers before publishing the final rules.

More resources on the impact of the proposed rules are available at nrf.com/overtime.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs — 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

Robin Roberts
press@nrf.com
(855) NRF-Press

The National Retail Federation announces new members to its Board of Directors

Washington, DC, 2016-Jan-20 — /EPR Retail News/ — The National Retail Federation today announced the addition of five retail company executives and a state retail association president to its Board of Directors.

“These new board members are thought leaders with decades of experience in every aspect of the retail industry,” NRF President and CEO Matthew Shay said. “They will be invaluable assets in guiding NRF as we advocate on behalf of retailers everywhere.”

The new board members, who were elected Sunday at NRF’s Retail’s BIG Show annual convention in New York, include:

  • B.J.’s Wholesale Club President, CEO and Director Christopher Baldwin
  • J.C. Penney CEO Marvin Ellison
  • Disney Consumer Products Executive Vice President of Disney Retail Paul Gainer
  • Kentucky Retail Federation President Tod Griffin
  • Saks Fifth Avenue President Marc Metrick
  • STORY Founder and CEO Rachel Shechtman

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

###

Kathy Grannis Allen

(202) 783-7971
press@nrf.com
(855) NRF-Press

 

The National Retail Federation agrees with FBI warning that new chip-based credit cards are safer but need PIN to minimize risk of fraud

WASHINGTON, 2015-10-12 — /EPR Retail News/ — The National Retail Federation today said it agreed with a warning from the FBI that new chip-based credit cards are safer than traditional cards but still vulnerable to fraud and need to be used with a PIN instead of a signature to minimize risk.

“What the FBI is saying is what the rest of the world already sees as common sense,” NRF Senior Vice President and General Counsel Mallory Duncan said. “It’s the right thing to do, and we hope the banks are listening.”

“Retailers are determined to protect their customers,” Duncan said. “That’s why we are pushing the banks to use all of the security the new cards are capable of providing, not just half. They shouldn’t lock the front door but leave the back door wide open.”

In a warning issued on Thursday to consumers, merchants and law enforcement, the FBI praised Europay MasterCard Visa chip cards as being more secure than traditional magnetic stripe cards, but said they are “still vulnerable to fraud.” Despite card industry claims that the chips are difficult to counterfeit, the FBI said the cards “can be counterfeited using stolen card data obtained from the black market.” The bureau also said the chip “will not likely” stop stolen or counterfeit cards from being used online or in telephone purchases.

“When using the EMV card at a point-of-sale terminal, consumers should use the PIN instead of a signature,” the FBI said. “This fully utilizes the security features built within the EMV card.”

The FBI encouraged merchants to require that consumers use a PIN rather than signature, and said merchants should ask for a government-issued photo identification card when customers use a signature.

Despite the FBI warning, virtually all of the chip cards being issued in the United States are chip-and-signature rather than chip-and-PIN, leaving consumers without the option to use a PIN. By contrast, EMV cards used in 80 countries around the world for 20 years or more are routinely chip-and-PIN.

“They’re encouraging consumers to use PIN and they’re encouraging merchants to request PIN – the only thing missing is to encourage the banks to issue PIN cards,” Duncan said.

The FBI warning follows last week’s deadline for merchants to install chip-card readers or face increased fraud liability if a chip card is used in a non-chip reader. The warning is the second time that the federal government has come down in favor of PIN – President Obama last year signed an executive order requiring that credit cards issued to federal government workers have a PIN, and that federal facilities that accept credit cards be equipped for PIN.

NRF has argued for years that the new cards should have both a chip and a secret PIN, or personal identification number, saying that the combination of both is required to provide sufficient security. While chips make the new cards more difficult to counterfeit, the chip can be circumvented, and the chips do nothing to protect lost and stolen cards from being used. A PIN could prevent all of those types of fraud, even without the chip.

NRF has provided a variety of resources explaining the advantages of PIN cards on its data security web page. NRF submitted testimony to a congressional committee on Wednesday arguing in favor of PIN over signature.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

J. Craig Shearman

(202) 626-8134
press@nrf.com
(855) NRF-Press

The National Retail Federation expects November and December sales to increase by 3.7 percent to $630.5 billion

Washington, DC, 2015-10-8 — /EPR Retail News/ — The National Retail Federation announced today it expects sales in November and December (excluding autos, gas and restaurant sales) to increase a solid 3.7 percent to $630.5 billion — significantly higher than the 10-year average of 2.5 percent. Holiday sales in 2015 are expected to represent approximately 19 percent of the retail industry’s annual sales of $3.2 trillion. Additionally, NRF is forecasting online sales to increase between 6 and 8 percent to as much as $105 billion.

“With several months of solid retail sales behind us, we’re heading into the all-important holiday season fully expecting to see healthy growth,” said NRF President and CEO Matthew Shay. “However, while economic indicators have improved in several areas, Americans remain somewhat torn between their desire and their ability to spend; the fact remains consumers still have the weight of the economy on their minds, further explaining the complex retail spending environment we are seeing right now. We expect families to spend prudently and deliberately, though still less constrained than what we saw even two years ago.”

“Potential disruptions from yet another government shutdown in mid-December and a slower pace of job creation and income growth are just a few key factors that will impact holiday shoppers’ spending this year,” continued Shay. “Price, value and even timing will all play a role in how, when, where and why people shop over the holiday season. Retailers will be competitive not only on price, but on digital initiatives, store hours, product offerings and much more.”

Holiday sales in 2014 increased 4.1 percent over the previous year.

HISTORICAL HOLIDAY SALES

The National Retail Federation expects sales in November and December (excluding autos, gas and restaurant sales) to increase a solid 3.7 percent to $630.5 billion — significantly higher than the 10-year average of 2.5 percent.

“Similar to last year in the sense we’re coming off a rather disappointing first half, this holiday season brings to light several crosscurrents that still exist for American households,” said NRF Chief Economist Jack Kleinhenz. “While confidence data is encouraging, slower job growth in 2015, deflationary retail prices and the mix of consumer spending somewhat shifting toward big ticket items and services, as well as the wild card in our government spending debates, will all contribute to the slower growth rate of sales expected for the holiday season.”

“All said, there’s no reason to doubt that we will see solid retail sales growth in the final two months of the year,” continued Kleinhenz.

NRF’s holiday sales forecast is based on an economic model using several indicators including, consumer credit, disposable personal income and previous monthly retail sales releases. It also includes the non-store category (direct-to-consumer, kiosks and online sales.) For historic sales information visit NRF’s Holiday Headquarters and the Retail Insight Center.

NRF Forecasts Seasonal Employment to Grow Between 700,000 and 750,000

According to NRF, retailers are expected to hire between 700,000 and 750,000 seasonal workers this holiday season, in line with last year’s 714,000 new holiday positions.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

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Kathy Grannis Allen
(202) 783-7971
press@nrf.com
(855) NRF-Press

The National Retail Federation issues statement on completion of Trans-Pacific Partnership negotiations

WASHINGTON, 2015-10-6 — /EPR Retail News/ — The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French on completion of Trans-Pacific Partnership negotiations:

“Trade agreements are vital for American retailers large and small. They help merchants provide high-quality, low-cost goods to U.S. consumers, and provide new overseas market opportunities for American companies and workers. It’s taken hard work on the part of U.S. negotiators to conclude this agreement, and we congratulate United States Trade Representative Michael Froman and his team for achieving an agreement.”

“International trade supports millions of jobs in the retail industry, and that number will only grow with passage of TPP. NRF looks forward to reviewing the final agreement with our members to identify the benefits for retailers and their customers.”

NRF’s recent Trade Matters to American Retailers and Families report found that international trade supports 6.9 million U.S. jobs in the retail and restaurant industries alone. Passage of the TPP and the Transatlantic Trade and Investment Partnership – the other major trade agreement currently being negotiated – could help eliminate nearly $6 billion in tariffs that drive up prices of many imported consumer goods.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. NRF.com

press@nrf.com
(855) NRF-Press

SOURCE: National Retail Federation

The National Retail Federation comments on votes in the House jeopardizing final congressional approval of Trade Promotion Authority legislation

7 million restaurant and retail jobs in the U.S supported by trade

WASHINGTON, 2015-6-15 — /EPR Retail News/ — The National Retail Federation issued the following statement from Senior Vice President for Government Relations David French on today’s votes in the House, jeopardizing final congressional approval of Trade Promotion Authority legislation, which provides a legislative framework for consideration of international trade agreements:

“The vote in the House of Representatives that puts final congressional passage of Trade Promotion Authority (TPA) in jeopardy is a victory for those with a narrow agenda that puts petty politics ahead of people, while jeopardizing the futures of millions of men and women in America, both those with jobs striving to grow the middle class and those seeking jobs that can only come with a robust economy.

“It is nothing short of astounding that in the 21st-century anyone would think it is in our country’s best interest to sit back and let foreign governments dictate our role in a global marketplace.

“We are not just disappointed that isolationist fear mongering and political threats carried the day, we are genuinely concerned for the seven million restaurant and retail jobs that are supported by trade as well as the continued viability of the businesses that employ them. As this debate moves forward, make no mistake, the world is watching.”

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

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Stephen E. Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

The National Retail Federation comments on National Labor Relations Board “ambush” election rules

New NLRB Rules Take Effect Today

WASHINGTON, 2015-4-15 — /EPR Retail News/ — The National Retail Federation issued the following statement fromSenior Vice President for Government Relations David French on National Labor Relations Board “ambush” election rules that take effect today:

“This is an overt attempt by the administration to tilt the union election playing field. It is a gift to the White House’s allies in Big Labor and their union organizing efforts.

“These rules are similar to the ‘hurry-up offense’ where one side hopes to catch the other off-guard with misdirection and a hurried pace. In this case, employers will be put on constant defense and always placed at a disadvantage.

“This change will significantly restrict both employees’ and employers’ participation in the union organizing process and severely compress the union election cycle. It muzzles the rights and voices of employees who want to understand the benefits and consequences of union organizing as well as employers who want to rebut and respond to union-backed charges.

“NRF will continue to challenge the NLRB in Congress and in the courts.”

NRF in January joined the Coalition for a Democratic Workplace, National Association of Manufacturers, Society for Human Resource Management and U.S. Chamber of Commerce in filing a lawsuit challenging the regulations. NRF is also involved in a related case that is under appellate review.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

Stephen E. Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

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The National Retail Federation supports the legislation aimed at repealing the Affordable Care Act

WASHINGTON, 2015-2-3 — /EPR Retail News/ — The National Retail Federation expressed its strong support for legislation aimed at repealing the Affordable Care Act in a letter today sent to House Speaker John Boehner, R-Ohio and Democratic Leader Nancy Pelosi, D-Calif. NRF will consider votes on H.R. 596 and all related amendments and motions in its annual voting scorecard. The House is expected to take up the legislation later today.

“Dealing with the ACA’s employer mandate and reporting requirements have already brought unwanted cost and complexity to retail employers, despite the serial delays,” NRF Senior Vice President for Government Relations David French said. “Moreover, the numerous unintended consequences of the law have slowed the creation of new retail jobs and limited the hours available to part-time employees.”

NRF opposed the enactment of the health care law on the grounds that it focused more on government mandates and regulations rather than affordability and accessibility. Even though it opposed the law, NRF has worked to address the most egregious aspects of the law in an effort to reduce its negative impact on employers and employees. In particular, NRF has sought the repeal of the employer mandate provision and its reporting requirements, and has supported bipartisan efforts aimed at restoring the traditional 40-hour workweek.

“NRF has and will continue to work in good faith with congress and the administration to fix and improve the law wherever possible,” French said. “Yet even the most basic of changes – such as changing the definition of a full-time employee – still draw unfounded partisan opposition and veto threats. Improving and fixing the ACA remains challenging at best, and finding real relief from the law’s burdens is elusive. We believe the best course of action would be to repeal the ACA in its entirety and begin a truly bipartisan discussion and debate on the future of our health care system.”

Decisions made every day in Washington have a profound impact on retailers’ ability to do business and serve their customers. But it’s bigger than just retail. These issues are vital to the overall economic competitiveness and growth of the United States, making congressional attention even more critical. Retailers will be measuring congressional support for key issues through NRF’s Retail Opportunity Index – keeping tabs on policies that contribute to a vibrant, healthy retail industry and U.S. economy.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

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Stephen E. Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

The National Retail Federation reiterated support for federal data breach notification standard as congressional panel held a hearing on this issue

Law Should Cover All Entities that Maintain Personal Information

WASHINGTON, 2015-1-28 — /EPR Retail News/ — The National Retail Federation reiterated its long-standing support for a federal data breach notification standard today as a congressional panel held a hearing on this issue, saying legislation should provide consumers with clear, concise and consistent notice whenever and wherever a data breach occurs.

“A single uniform national standard for notification of consumers affected by a breach of sensitive data would provide simplicity, clarity and certainty to both businesses and consumers alike,” NRF Senior Vice President for Government Relations David Frenchsaid. “A federal breach notification law would ensure reasonable and timely notice to consumers while providing clear compliance standards for businesses.”

French’s comments came in a letter to members of the House Energy and Commerce Committee’s Subcommittee on Commerce, Manufacturing and Trade, which is holding a hearing today on what should go into a notification bill.

For the past decade, NRF has called on Congress to pass a federal data breach notification law that would cover all entities that receive, handle and maintain sensitive personal information. NRF believes a national standard would provide retailers a practical framework to handle consumer notification and must preempt the 47 disparate state data breach notification laws retailers now comply with.

“If Americans are to be adequately protected and informed, any legislation to address these threats must cover all of the types of entities that handle sensitive personal information,” French said. “A federal notice obligation applying to all breached businesses would also create significant incentives across industries to invest in technologies to better protect data and to respond appropriately to breaches whenever and wherever they occur.”

“Regrettably, there are those who are spending time and resources casting blame on the victims of cybercrime, but retailers are actively engaged every day in efforts to protect their customers against those who commit the crimes,” French said commenting on the hearing. “Whether pushing for Chip and PIN credit cards or voluntarily and proactively initiating information-sharing platforms, retailers are less interested in finger pointing and far more interested in collaborating with multi-industry stakeholders and law enforcement to stop these crimes from happening in the first place.”

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

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Stephen E. Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

 

The National Retail Federation expressed disappointment at the U.S. Supreme Court’s ruling on swipe fees

WASHINGTON, 2015-1-21 — /EPR Retail News/ — The National Retail Federation today expressed disappointment at the U.S. Supreme Court’s announcement that it would not review an appellate court ruling on whether the Federal Reserve set a 2011 cap on debit card swipe fees higher than the level sought by Congress in legislation passed the year before.

“The court’s decision is disappointing because it leaves merchants and their customers paying far more than intended by Congress,” NRF Senior Vice President and General Counsel Mallory Duncan said. “Federal agencies have flexibility in implementing our nation’s laws, but do not have the discretion to blatantly ignore the wishes of elected officials and the clear language of the statute. The court’s ruling means retailers will keep paying billions of dollars more than they should, and that fee-hungry banks will continue to rake in unearned profits that ultimately come out of consumers’ pockets. We will continue to press the issue.”

“Banks will benefit from this ruling but the battle over swipe fees isn’t over,” Duncan said. “There is still litigation pending on credit card swipe fees, and policymakers continue to be concerned by the anti-consumer and anti-competitive practices of the card industry.”

The court today turned down a petition asking the justices to review the case. The petition was filed in August by NRF, the National Association of Convenience Stores, the Food Marketing Institute, the National Restaurant Association, NRF member Boscov’s Department Store, and NACS member Miller Oil Co., all of whom were plaintiffs in the original lawsuit.

Under the Dodd-Frank Consumer Protection and Wall Street Reform Act of 2010, the Federal Reserve was required to adopt regulations that would result in debit swipe fees that were “reasonable and proportional” to the actual cost of processing a transaction. Incremental costs of authorizing, clearing and settling each transaction were allowed to be considered but fixed costs were not. Federal Reserve staff calculated the average incremental cost at 4 cents per transaction and initially proposed a cap no higher than 12 cents, but the Federal Reserve Board of Governors eventually settled on 21 cents after heavy lobbying from the financial services industry.

While lower than the average of 45 cents before the cap was set, NRF argued that the 21-cent figure included costs that went beyond those allowed under the legislation and filed suit against the Fed in U.S. District Court in 2011 along with other retail groups. In July 2013, Judge Richard Leon ruled in NRF’s favor and ordered the Fed to recalculate the cap at a lower level, but the Fed appealed. In March 2014, the U.S. Court of Appeals for the District of Columbia overturned Leon’s ruling, citing “ambiguity” in the 2010 law and saying the Fed based the cap on a “reasonable interpretation” of the measure.

Last August’s petition argued that the Circuit Court made a number of legal errors and “bent over backward to find ambiguity” in Dodd-Frank while ignoring the ‘text, structure and purpose” of the law.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

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J. Craig Shearman
(202) 626-8134
press@nrf.com
(855) NRF-Press

The National Retail Federation expressed its strong support for H.R. 30, the Save American Workers Act

NRF Key Votes Bipartisan Bill that Restores the Traditional 40-Hour Workweek

WASHINGTON, 2015-1-8 — /EPR Retail News/ — The National Retail Federation today expressed its strong support for H.R. 30, the Save American Workers Act, a bill that would restore the traditional 40-hour workweek standard for health benefits under the Affordable Care Act. NRF sent a letter to each and every House office stating that all votes related to the bill would be considered “key votes” and factored into its annual legislative scorecard.

“Restoring the traditional 40-hour workweek would benefit employers and employees,” NRF Senior Vice President for Government Relations David French said. “It would return power to employers to establish and maintain health care benefit eligibility standards, protect full-time employees and benefit hourly employees with more hours, more income and greater opportunity to advance to full-time employment.”

The bipartisan bill was introduced earlier this week by Reps. Todd Young, R-In. and Dan Lipinski, D-Ill. along with their colleagues, Reps. Pete Olson, R-Texas., Mike Kelly, R-Pa. and Tim Walberg, R-Minn. The bill, which would repeal the ACA’s definition of a 30-hour workweek, is expected to come to the House floor for a vote during the inaugural week of the 114th Congress.

“The Save American Workers Act is a commonsense piece of legislation that will restore an established workforce precedent and protect business owners and their employees,” French said. “The Affordable Care Act is in serious need of revision and reform, and we urge Congress to further that process by approving this bipartisan piece of legislation to restore the traditional definition of a 40-hour workweek.”

A corresponding Senate bill, authored by Sens. Susan Collins, R-Maine. and Joe Donnelly, D-In., will likely will be introduced this week.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

Stephen E. Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

NRF’s Jonathan Gold: The National Retail Federation welcomes the news that the ILWU and PMA have agreed to federal mediation

NRF Key Votes Bipartisan Bill that Restores the Traditional 40-Hour Workweek

WASHINGTON, 2015-1-7 — /EPR Retail News/ — The National Retail Federation today expressed its strong support for H.R. 30, the Save American Workers Act, a bill that would restore the traditional 40-hour workweek standard for health benefits under the Affordable Care Act. NRF sent a letter to each and every House office stating that all votes related to the bill would be considered “key votes” and factored into its annual legislative scorecard.

“Restoring the traditional 40-hour workweek would benefit employers and employees,” NRF Senior Vice President for Government Relations David French said. “It would return power to employers to establish and maintain health care benefit eligibility standards, protect full-time employees and benefit hourly employees with more hours, more income and greater opportunity to advance to full-time employment.”

The bipartisan bill was introduced earlier this week by Reps. Todd Young, R-In. and Dan Lipinski, D-Ill. along with their colleagues, Reps. Pete Olson, R-Texas., Mike Kelly, R-Pa. and Tim Walberg, R-Minn. The bill, which would repeal the ACA’s definition of a 30-hour workweek, is expected to come to the House floor for a vote during the inaugural week of the 114th Congress.

“The Save American Workers Act is a commonsense piece of legislation that will restore an established workforce precedent and protect business owners and their employees,” French said. “The Affordable Care Act is in serious need of revision and reform, and we urge Congress to further that process by approving this bipartisan piece of legislation to restore the traditional definition of a 40-hour workweek.”

A corresponding Senate bill, authored by Sens. Susan Collins, R-Maine. and Joe Donnelly, D-In., will likely will be introduced this week.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

Stephen E. Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

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The National Retail Federation comments on the news that the International Longshore and Warehouse Union and Pacific Maritime Association agreed to federal mediation

Federal Mediation and Conciliation Service to Supervise ILWU-PMA Talks; Federal Mediation Long-Sought by NRF

WASHINGTON,  2015-1-7 — /EPR Retail News/ — The National Retail Federation issued the following statement from Vice President of Supply Chain and Customs Policy Jonathan Gold on the news that the International Longshore and Warehouse Union and Pacific Maritime Association have agreed to federal mediation under the auspices of the Federal Mediation and Conciliations Service:

“The National Retail Federation welcomes the news that the ILWU and PMA have agreed to federal mediation to help settle their ongoing contract dispute.

“After months of heated rhetoric and increasing cargo congestion, this is the first positive news from the West Coast ports in some time.

“On behalf of the supply chain community, we sincerely hope the FMCS-supervised negotiations will progress quickly and that final agreement on a new labor contract will be reached relatively soon.

“While there are a number of outstanding and unresolved issues before the parties, we all share a commitment to the long-term viability and competitiveness of the West Coast ports.”

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

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Stephen E. Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

Wincor Nixdorf’s program for the National Retail Federation (NRF) conference & expo on January 11-14, 2015 in New York City

Together with numerous customers and partners, Wincor Nixdorf demonstrates how its newly enhanced technology enables a seamless experience for Shoppers and merchants

Paderborn, Germany, 2014-11-25 — /EPR Retail News/ — Wincor Nixdorf, a global leader in advanced retail and banking IT solutions, discloses its program for the National Retail Federation (NRF) conference & expo, taking place January 11-14, 2015 at the Javits Convention Center in New York City.

Wincor Nixdorf is leveraging the event to advance a number of retail initiatives, including: seamless omni-channel retailing; customer and retail staff mobility; back office automation; and new innovations at the point of sale.

Several partners and customers are sharing their experiences at NRF, to illustrate how they are leveraging Wincor Nixdorf’s latest technology to accomplish their objectives. Customers and partners on hand include: food retailer Hershey’s; grocer Waitrose; grocer & pharmacist Kroger; apparel retailer Kiabi; and IT and solutions provider Retail Pro, who is demonstrating Wincor Nixdorf’s solutions in booth #1503.

Senior level executives from notable international retail companies are participating in a briefing, where they will discuss their retail growth strategies.

Throughout NRF, Wincor Nixdorf will showcase several new and newly enhanced technologies in booth #4217. In the weeks ahead, additional details will be announced for technologies such as:
•BEETLE /iSCAN Easy, an automated checkout solution that can be converted from attended to self-checkout mode at the touch of a button;
•Cash Office Solution – which automates the entire cash cycle from POS to back office;
•W1000 Interactive Kiosk Solutions – which reduces queue times at the POS;
•Mobile POS Solutions, enabling the retailer to server customers anywhere in the store;
•And Wincor Nixdorf will provide an update on its newly enhanced TP.net 5.5 software, which enables consumers to interact with retailers through all important touch-points.

“Our IT solutions bring an array of intelligence to retailers that help them run their businesses more efficiently, while delivering a better overall experience to their customers,” said Patrick Leonard, Vice President Retail at Wincor Nixdorf, North America. “We’ll showcase these solutions at NRF, and we’ll also work with our partners and customers to share specific examples for how these solutions are being successfully implemented all around the globe,” adds Javier López-Bartolomé, Senior Vice President, Region Americas, and Wincor Nixdorf USA President & CEO

If you would like more information on Wincor Nixdorf’s retail solutions, please plan to visit booth #4217 at NRF.

The National Retail Federation’s statement regarding retailers’ adoption of mobile payment platforms and services

WASHINGTON, 2014-10-28— /EPR Retail News/ — The National Retail Federation today issued the following statement from Senior Vice President and General Counsel Mallory Duncan regarding retailers’ adoption of mobile payment platforms and services:

“Merchants large and small make business decisions every single day based upon what makes the best sense for the business, their associates and most importantly, their customers. The payment systems they decide to implement are no different. Data security is paramount, but so is flexibility, cost and ease of use.

“There are a number of new technologies reaching the marketplace, and a number of other systems on the horizon. It is easy to second guess why a specific retailer chooses one technology or another, or what payments they will or will not accept, but you can be sure that the bottom line consideration is what is best for their company and their consumer.”

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

Stephen E Schatz
202-626-8119
press@nrf.com
(855) NRF-Press

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The National Retail Federation kicks off Retail Jobs Week to highlight value retail jobs

National Retail Federation Takes a Stand to Highlight Value of Retail Jobs, Transform Policymaker Perceptions

Chairman and CEO Join in Launching Retail Jobs Week

WASHINGTON, 2014-10-13— /EPR Retail News/ — The National Retail Federation today kicked off Retail Jobs Week, a multi-faceted effort to push back against long-held misperceptions about working in the retail industry. Through this initiative, NRF aims to continue educating Washington lawmakers about the value retail jobs deliver for workers and the economy.

”Stubborn misperceptions have existed about retail and the jobs our industry provides,” NRF President and CEO Matthew Shay said. “Once again, we are asking that elected officials join us and stand up for the millions of people who make this industry great, are proud of their work and provide value to our daily lives.”

Lingering false stereotypes about retail wages and skills undermine the value of retail employment in the minds of lawmakers in Washington. Through research, facts and real-life stories, NRF will use Retail Jobs Week to promote the power of retail employment to Washington decision-makers.

“Retail jobs equip American workers with the valuable skills vital for success in today’s service economy,” Shay said. “Retail offers American workers opportunities other industries simply do not, like the flexibility to supplement family income while the kids are at school, or to pursue a degree. Retail jobs are good jobs and they deserve bipartisan support. There is a perception gap in Washington by those who choose to ignore proof to the contrary and NRF wants to close it.”

Retail, the largest private sector employer in this country, supports 42 million jobs and adds $2.6 trillion to the national economy. Over the last decade, retail has played a critical role in generating much-needed job growth in this country.

The five-day initiative will include the release of original research, new content showcasing retailers from every state in the country, social engagement of the retail community and a focused discussion highlighting the benefits of retail jobs.

“The hard work, passion, creativity and dedication displayed by retail workers are unmatched in any economic sector,” said Chairman of NRF and former Chairman and CEO of Saks Fifth Avenue, Stephen Sadove. “Lawmakers in Washington know the truth about the value of working in retail and retail’s value to our country, and need to enact policies that support these men and women while creating additional opportunities for sustained growth in this dynamic industry.”

RETAIL JOBS WEEK SCHEDULE OF EVENTS

Monday, October 13 – Retail Jobs Week Launch: Retail Jobs Week will launch with an open letter to NRF’s 12,000 members and strategic content placed throughout NRF communications channels, including NRF Smartbrief, NRF.com and social media.

Tuesday, October 14 – Retail Drives the U.S. Economy: NRF will release an updated version of its 2011 PricewaterhouseCoopers study, underwritten by American Express, quantifying the impact of the retail industry on the U.S. economy and jobs, including specific state and congressional district data. Additionally, NRF will release Retail Across America: 50 States, 50 Stories, which highlights retailers from around the country.

Wednesday, October 15 – Retail’s Capital Impact: This day will be an opportunity to showcase all the good jobs retail offers and the countless opportunities it provides for meaningful life-long careers and more. NRF will release the findings of focus groups, a University of Georgia wages study showing that retail wages are highly-competitive with other sectors of the economy and content showcasing retail workers who started in-store and have made retail a career. NRF will host a series of conference calls to share these findings and hear from prominent industry leaders on the subject of jobs in retail.

On Wednesday night, NRF will host and partner with CityCenter DC to introduce Retail’s Night Out, a Washington event for congressional staffers and other opinion leaders that will celebrate shopping in the nation’s capital by showcasing local and national brands. The event will demonstrate retail’s economic impact in the city and the entrepreneurial spirit of retail business owners.

Thursday, October 16 – Retail is Small Business: NRF will showcase small businesses featured in its This is Retail campaign, highlighting their contributions to their communities, the economy and the job market. The Retail Small Business Council, launched in July at the Retail Advocates Summit, will also announce its steering committee.

Friday, October 17 – Retail Empowers People: NRF will take to social media to engage with key retail groups including employees, small business owners and other NRF communities like its Talent Acquisition Group and Small Business Retail Council, about what retail taught them. NRF will also release videos of President and CEO Matthew Shay discussing his first job in retail and what retail taught him.

NRF President and CEO Matthew Shay On, “What Retail Taught Me”

As the head of the world’s largest retail trade association, NRF President and CEO Matthew Shay knows a thing or two about retail. Watch as Shay describes what his first job in retail taught him, and how the skills he learned at 16 have helped him succeed.

Retail Taught Me: Matthew Shay

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

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Kathy Grannis
(202) 783-7971
press@nrf.com
(855) NRF-Press