Tag Archives: National Retail Federation

August Retail Import Volume Projected for Record

Retail Container Imports

WASHINGTON-Import volume at the major U.S. container posts is expected to hit an all-time record this month, as retailers attempt to rush through merchandise for the holiday season in fear of an impasse in the contract talks between the Pacific Maritime Association and the International Longshore and Warehouse Union. The most recent contract expired onMore »

Wayfair Among Fastest-Growing Retailers on Stores List

Wayfair.com

WASHINGTON-Online home retailer Wayfair finished number two on Stores magazine’s 2014 list of the nation’s fastest-growing retailers. The company’s sales for 2013, which totaled $915 million, were 52.5 percent ahead of its sales for 2012, according to the list compiled by the magazine, which is a publication of the National Retail Federation. Finishing fourth onMore »

NRF: Retail Sales to Accelerate in Second Half

NRF

WASHINGTON-U.S. retail sales will grow significantly in the second half of 2014 after a slow start to the year, according to a forecast from the National Retail Federation. After increasing by 2.9 percent in the first half, sales will grow by at least 3.9 percent in the second half, NRF said. Overall, 2014 retail salesMore »

NRF: Back-to-School Spending to Edge Up

NRF

WASHINGTON-Fueled by purchases for back-to-college, American families are expected to spend slightly more on back-to-school products during this year’s season, according to the National Retail Federation’s 2014 Back-to-School Survey, conducted by Prosper Insights & Analytics. The survey found that the average college student and his/her family will spend $916.48 on dorm furniture, school supplies, electronicsMore »

Retail Sales Gain in June

Census Bureau

WASHINGTON-U.S. retail sales posted a gain of 0.2 percent in June over May, and 4.3 percent over June of last year, totaling $439.9 billion, according to the U.S. Census Bureau’s monthly report issued this morning. The increases “reinforce the renewed strength of consumer confidence and marked increases in retail employment over the last few months,”More »

Retail Imports Surge as Contract Talks Continue

Retail Import Cargo

WASHINGTON-With talks about a new contract between the International Longshore and Warehouse Union and the Pacific Maritime Association ongoing, imports at the nation’s major retail container ports are on an accelerating pace, according to the latest Global Tracker Report from the National Retail Federation and Hackett Associates. This month, the report projected, the ports areMore »

Economy Could Lose Billions in West Coast Port Shutdown, Study Says

Container Port

WASHINGTON-The U.S. economy could lose as much as $2.5 billion a day if a prolonged shutdown of West Coast container ports takes place, according to a study conducted jointly for the National Retail Federation and the National Association of Manufacturers by economists at the Interindustry Forecasting Project at the University of Maryland. Negotiations for aMore »

Sadove Joins Traub to Launch Traub Accelerator

Stephen Sadove

NEW YORK-Marvin Traub Associates has named Stephen Sadove, former Saks chairman and CEO, to introduce the Traub Accelerator, a new division targeted to grow innovative technologies, concepts and platforms in the retail  and consumer industries. In his new role, Sadove will serve as co-founder and head of Traub Accelerator, and will act as advisor toMore »