Tag Archives: NRF

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 »

NRF Cites Badcock as “Retail Champion” Finalist

Wogan Badcock

ROSEVILLE, Calif.-Wogan Badcock III, owner of Badcock Furniture and More, has been named one of the five finalists for the National Retail Federation’s Retail Champion award. The award recognizes retailers for their grassroots advocacy and engagement on federal, state and local issues affecting the retail economy. Badcock was honored with the four other finalists atMore »

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 »

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 »

Import Volume Set for Jump in June

Container Port

WASHINGTON-With a potential strike by West Coast dockworkers on the horizon, retailers are expected to rush high quantities of merchandise through the major U.S. container ports in June, according to the most recent Global Port Tracker report issued by the National Retail Federation and Hackett Associates. This month is expected to bring a 7.5 percentMore »

NRF: Father’s Day Spending to Top $12.5 Billion

NRF

WASHINGTON-Total U.S. spending for Father’s Day gifts should be $12.5 billion for this year’s holiday, according to a survey conducted for the National Retail Federation by Prosper Insight & Analytics. Average spending for the holiday will be $113.80, down from $119.84 last year, the survey found. Spending on personal-care items, such as men’s grooming products,More »