October 18, 2013

One of the casualties associated with the recent government shutdown and game of chicken that legislators played with the nation's debt ceiling is consumer confidence. And this will have significant ramifications coming into the fourth quarter holiday season, especially as the debate over government spending and the debt ceiling crisis has not been resolved but only delayed until January.

Holding the holiday season hostage means Washington has lost big points with big retail, and IRI measured the impact. Reminiscent of recession shopping behaviors, almost two-in-three consumers are cutting back on non-essential spending; half are again gravitating toward private label or other value propositions and two in five are beginning to scour online resources in search of coupons and deals.

October 17, 2013

Matthew Shay, president and CEO of the National Retail Federation, released a statement on the decision to reopen the federal government through Jan. 15 and raise the debt ceiling until Feb. 7. Shay said that while the agreement provides some satisfaction, it essentially continues debate and postpones difficult economic decisions that must be made.

October 4, 2013

Walgreens president and CEO Greg Wasson and Sona Chawla, Walgreens president e-commerce, on Wednesday made a keynote presentation on the closing day of the Shop.org Annual Summit 2013 here to talk about the opportunities associated with omnichannel retailing.

October 3, 2013

The National Retail Federation expects sales in the months of November and December to increase 3.9% to $602.1 billion, up slightly from last year’s actual 3.5% holiday season sales growth. The forecast is higher than the 10-year average holiday sales growth of 3.3%.

October 3, 2013

Shop.org expects holiday online sales in November and December to grow between 13% and 15% from last holiday season, to as much as $82 billion.

September 13, 2013

According to the National Retail Federation, retail sales increased in the month of August, but came in at a much slower pace than had been anticipated.

September 6, 2013

The retail industry added 43,600 jobs last month, particularly in general merchandise, electronics and clothing, according to an industry trade group.

August 14, 2013

July retail sales saw gains in many back-to-school categories like clothing and sporting goods, but surprising declines in home-based categories, including building materials and furniture stores. Still, according to the National Retail Federation, July retail sales (excluding automobiles, gas stations and restaurants) increased 0.3% seasonally adjusted from June and increased 5% unadjusted year-over-year.

July 31, 2013

The National Retail Federation issued a statement from SVP and general counsel Mallory Duncan on U.S. District Judge Richard Leon’s decision that found that the Federal Reserve misapplied Congress’ intent when it implemented required swipe fees reforms.

July 8, 2013

Of the 195,000 jobs created last month, 37,000 were in retail, according to the latest numbers form the Department of Labor.

June 13, 2013

Retail sales are up nearly 5% from one year ago, according to the latest numbers from the Department of Commerce.

May 28, 2013

A trade group representing the retail industry is requesting that a federal judge throw out a proposed settlement in an antitrust lawsuit over credit card swipe fees.

May 13, 2013

Seasonally adjusted retail sales increased by 0.6% in April over last year, while unadjusted retail sales increased 3.9%, according to numbers released Monday by the Department of Commerce.

March 20, 2013

According to a new spending survey from the National Retail Federation, consumer spending for Easter 2013 will be flat when compared to the holiday last year.

February 13, 2013

Retail sales were up slightly in January as the increases in payroll taxes and energy prices forced consumers to change spending habits, according to a new report by the National Retail Federation.

January 28, 2013

Retail industry sales (which exclude automobiles, gas stations and restaurants) will increase 3.4%, down slightly from 4.2% in 2012 and 5.8% in 2011, according to the National Retail Federation’s 2013 economic forecast.

January 15, 2013

Despite caution among consumers, retailers wrapped up 2012 with a healthy holiday shopping season, according to a new report by a retailing trade group.

December 13, 2012

According to the National Retail Federation, eager holiday shoppers helped November retail sales increase 0.8% seasonally adjusted from October and increase 4.4% unadjusted year-over-year.

November 26, 2012

Consumer spending could drop by almost $200 billion next year while depressing real consumer-spending growth by 1.7% if middle-class taxes rise in response to the fiscal cliff, according to a report released Monday by a White House economic team.

November 14, 2012

Retail sales were down slightly in October on a month-to-month basis while increasing on an annual basis, reflecting Hurricane Sandy and uncertainty in Washington, according to the National Retail Federation.

November 5, 2012

According to a recent BDO USA survey, chief marketing officers at leading U.S. retailers expect a 3.7% increase in holiday comparable store sales, marking the survey’s most optimistic forecast since 2007, when CMOs projected a 5% increase in comparable store sales.

November 2, 2012

The National Retail Federation and more than a dozen retailers on Thusday asked a judge to reject a proposed class-action settlement of a federal antitrust lawsuit filed against Visa and MasterCard because of credit card swipe fees.

October 15, 2012

There’s good news for the upcoming holiday selling season. The National Retail Federation said September retail sales — excluding automobiles, gas stations and restaurants — increased 0.4%, seasonally adjusted from August and 2.1% unadjusted year-over-year.

October 2, 2012

The National Retail Federation released its 2012 holiday forecast on Tuesday, which shows sales increasing 4.1% to $586.1 billion, down from last year's 5.6% growth.