The Maryland Retailers Alliance has released its annual holiday sales outlook following the National Retail Federation’s (NRF) nationwide forecast. The NRF anticipates U.S. holiday retail sales will grow between 3.7-4.2 percent this season, surpassing $1 trillion for the first time. The national projection, coupled with Maryland-specific economic indicators, suggests a holiday season marked by steady […]
Tag: National Retail Federation
NRF: March Retail Sales Plummet During Coronavirus Pandemic
Retail sales saw their biggest monthly drop on record during March as the coronavirus pandemic forced restaurants, bars and many stores to temporarily close across the nation and stay-at-home orders also impacted gasoline sales, the National Retail Federation said April 15. But sales soared at grocery stores and were up at other retailers deemed “essential” […]
Wasteless Helps Grocers Sell Perishables Close To Their Date
Wasteless, inventor of a patented markdown optimization engine for perishable goods with a limited expiration date, made its North American debut at the National Retail Federation’s Big Show earlier this year. Headquartered in the Netherlands and Israel, Wasteless offers a solution to reduce food waste—a major issue for grocery stores across the U.S. “Wasteless reduces […]
VICKI: ViaTouch’s AI-Driven Kiosk For High-Theft Items
New York-based ViaTouch has introduced a new solution to make the purchase of high-theft items easier for both shoppers and retailers. ViaTouch’s automated solution is dubbed Via Touch Intellishelf Cognitive Kinetic Interactions, or VICKI. “VICKI is an AI-driven self-checkout device that auto inventories itself and also provides media at the point of sale,” Tom Murn, […]
Retailers Say Customer Service Will Suffer Under California Privacy Law
The National Retail Federation is calling new state privacy legislation signed into law in California yesterday “deeply flawed” and said customer service could be severely hampered if the legislature fails to address retailers’ concerns before the measure takes effect in 2020. The law prohibits retailers from treating customers who opt out of data sharing any […]
Supreme Court Rules In Amex’s Favor In Credit Card Fee Case
In a five to four ruling, the U.S. Supreme Court yesterday backed American Express and its rules prohibiting retailers from steering customers to use other, less expensive credit cards. The response from retail organizations was swift, with the Food Marketing Institute (FMI) saying it was “disappointed” with the ruling and the National Retail Federation calling […]
Industry Organizations Applaud Tax Reform Efforts
The Grocery Manufacturers Association (GMA), the Food Marketing Institute (FMI) and the National Retail Federation (NRF) are welcoming the release of a tax reform proposal by the House Ways & Means Committee that moves the U.S. Congress one step closer to passing tax reform. “This is a critical step forward towards enacting the first major overhaul […]
