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Report: Retail Store Traffic Decreases More Than 7% During Government Shutdown

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

Chicago—Think the 16-day U.S. government shutdown and battle over the debt ceiling stalemate is just some political ploy that has little meaning in the “real” world? Think again: the gridlock has had a measureable impact at retail. According to ShopperTrak, a leading provider of shopper analytics, total retail store shopper …

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Week in Review: 10 Must-Remember Online Articles

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New York—“The epicenter of stupidity”…that’s how outspoken L Brands chairman Leslie Wexner referred to Washington, specifically Capitol Hill, this week during the nerve-wracking hours leading up to a temporary debt ceiling solution. Like many retailers and business leaders, Wexner is concerned about how the political gridlock and its subsequent effects …

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Retail, Business Leaders Decry Congress’ Actions in U.S. Budget Gridlock

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Washington—President Obama today took Congress to task over its 11th hour resolution of the government shutdown and lifting the debt ceiling, issues that could have spun the United States into default and wrecked havoc with the international economy. “Probably nothing has done more damage to America’s credibility in the world, …

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NRF Survey: Congressional Gridlock to Stymie Holiday Shoppers?

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Washington–It appears that the proposed bipartisan settlement the U.S. Congress is considering today to avoid default will be welcome relief to the nation’s retailers—not to mention U.S. citizens, stock markets, and other nations of the world. In its annual holiday consumer spending survey conducted by Prosper Insights & Analytics, the …

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AAFA Urges Congress to Pass Trade Bill to Aid U.S. Manufacturers

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Arlington, VA—The American Apparel & Footwear Association (AAFA) joined a chorus of U.S. trade groups today urging Congress to reinstate recently-expired tariff suspensions as part of the “Miscellaneous Tariff Bill (MTB).” Known officially as the “U.S. Job Creation and Manufacturing Competitiveness Act of 2013 (H.R. 2708),” MTB legislation has been …

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NRF Backs Legislation for “Sales Tax Fairness” for Online Retail

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Washington—The National Retail Federation (NRF) today welcomed the introduction of the Marketplace Fairness Act, saying that the new bipartisan bill demonstrates progress on moving sales tax fairness legislation this session in the U.S. Congress. “For far too long local retailers and small business owners have been saddled with a competitive …