Economy

NRF: Pandemic's Impact on Imports Easing
June 10, 2020 at 3:58 pm

The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast, according to the National Retail Federation.

Retail Imports to See Double-Digit Annual Declines
May 8, 2020 at 3:32 pm

Imports at major U.S. retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

NRF Chief Economist Sees a ‘Fits and Starts’ Recovery
May 6, 2020 at 3:23 pm

With some stores starting to reopen as governors lift stay-at-home orders across the country, economic recovery from the coronavirus pandemic is likely to come gradually and may vary by location, National Retail Federation Chief Economist Jack Kleinhenz said.

NRF Launches Operation Open Doors
May 1, 2020 at 9:50 am

NRF President and CEO Matthew Shay explains that the smart, iterative strategies NRF members are building will help guide policymakers and business leaders through dozens of critical topics as we work to restore the American economy.

Deloitte: As Pandemic Spreads, Most Consumers Retreat
April 29, 2020 at 11:23 am

As a global health crisis potentially morphs into an economic one, Deloitte is conducting a series of biweekly surveys around the globe to better understand the interplay between personal safety and economic vulnerability.

Best Buy Furloughing 50,000 Workers
April 16, 2020 at 8:52 am

Best Buy Company CEO Corie Barry has announced massive job cuts as the CE retailer is furloughing more than 50,000 workers in its stores in the wake of the coronavirus outbreak.