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NRF: Economic Uncertainty Taints Holiday ’12 Retail Sales

In Industry News, Reports, What's New by Accessories Staff

New York–While they may not have hit the heights that the National Retail Federation (NRF) originally wanted, 2012 holiday sales wound up solid despite economic uncertainty and the concerns around the so-called fiscal cliff. The NRF, the world’s largest retail association, reported Tuesday that total holiday spending (November/December) increased 3.0% …

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NRF Applauds “Fiscal Cliff” Legislation

In Industry News, What's New by Accessories Staff

Washington—As Americans breathe a collective sigh of relief as the legislation passed Tuesday to avert the so-called “fiscal cliff” heads to President Obama’s desk for his signature, retailers especially should be relieved. According to Jack Kleinhenz, chief economist at the National Retail Federation (NRF), the nation’s largest retail trade association, …