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RETAIL SALES GREW 0.3 PERCENT IN MARCH

In Industry News, What's New by Accessories StaffLeave a Comment

Retail sales in March increased 0.3% seasonally adjusted over February and 3.5% unadjusted year-over-year, according to calculations released recently by the National Retail Federation. The numbers exclude automobiles, gasoline stations and restaurants. “Various factors were at play in the first quarter, but we are again seeing a pattern similar to previous years …

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NRF AND OBJECT MANAGEMENT GROUP PARTNER ON RETAIL TECHNOLOGY

In Industry News, Retail News, What's New by Christine GalassoLeave a Comment

The National Retail Federation (NRF) and Object Management Group (OMG) have announced their new partnership that allows for OMG to manage a portion of the functions previously performed by NRF’s Association for Retail Technology Standards division. Under the partnership, OMG will assume responsibility for the following standards: • Retail Data …

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NRF: RETAILERS READY TO WORK WITH PRESIDENT TRUMP

In Retail News, What's New by Accessories StaffLeave a Comment

Following President-elect Donald Trump’s stunning victory last night, National Retail Federation President and CEO Matthew Shay congratulated the winners of today’s federal elections and issued several statements addressing industry concerns over the new administration and its policies. In a pledge to work with Trump and the new Congress on a pro-growth, …

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INDUSTRY EXPERTS ARE PREDICTING A MERRY AND BRIGHT HOLIDAY SHOPPING SEASON

In eCommerce, Retail News, What's New by Accessories StaffLeave a Comment

According to several forecasting firms and economists, this holiday shopping season should be merry and bright for retailers. The National Retail Federation (NRF) predicts that retail sales for the season will reach $655.8 billion, a rise of 3.6% since last year and well above the 10-year average of 2.5%. Two other consulting firms …