by Jacob Musselman | Aug 16, 2024 | Industry News
Retail sales data released by the U.S. Census Bureau shows consumers continued to increase their spending in July while the growth of the economy is moderating, says Jack Kleinhenz, National Retail Federation chief economist. Retail trade sales were up 1.1% from June...
by Jacob Musselman | Jul 18, 2024 | Industry News
The National Retail Federation (NRF) released its annual list of the Top 100 Retailers. The 2024 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. The list was compiled by Kantar, a global marketing data, insight and consultancy...
by Lindsey Thompson | Jul 8, 2024 | Operational Insights
As artificial intelligence (AI) continues to expand throughout all industries, the National Retail Federation (NRF) has published a series of guidelines called the Principles for Use of Artificial Intelligence in the Retail Sector. These guidelines strive to encourage...
by Jacob Musselman | Jun 4, 2024 | Industry News
Consumers are still willing to buy even as smaller job and wage gains and high interest rates are slowing the growth of consumer spending, National Retail Federation (NFR) chief economist Jack Kleinhenz says. “U.S. economic growth for the remainder of this year will...
by Jacob Musselman | May 9, 2024 | Industry News
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, says Jack Kleinhenz, National Retail Federation (NRF) chief economist. “The U.S. economy lost some spring in its step during the first quarter as...
