National Retail Federation

Retailers Lose Billions in Holiday Return Fraud

Retailers Lose Billions in Holiday Return Fraud

Retailers will lose about $3.39 billion to return fraud this holiday season, as part of a total $8.76 billion expected overall in return fraud for 2013, according to the National Retail Federation’s 2013 Return Fraud Survey.

The survey, which was completed by loss-prevention executives at 62 retail companies, notes that 5.8% of holiday returns are fraudulent, up from 4.6% last year.

NRF Forecasts Modest Sales Gains This Holiday Season

NRF Forecasts Modest Sales Gains This Holiday Season

Sales in November and December are expected to increase 3.9% to $602.1 billion, according to the National Retail Federation. The forecast is over 2012’s actual 3.5% holiday season sales growth and higher than the 10-year average holiday-sales growth of 3.3%.

“Our forecast is a realistic look at where we are right now in this economy—balancing continued uncertainty in Washington and an economy that has been teetering on incremental growth for years,” says NRF president and CEO Matthew Shay.

How Consumers Plan to Pamper Mom This Mother’s Day

How Consumers Plan to Pamper Mom This Mother’s Day

May 12, Mother's Day, is almost here! Consumers will spend an average of $168.94 on mom this year, up 11% from last year’s $152.52, and total holiday spending is expected to reach $20.7 billion. That's according to the National Retail Federation's Mother’s Day spending survey conducted by BIGinsight.

NRF Debuts "This is Retail: Careers, Community, Innovation" Campaign

NRF Debuts "This is Retail: Careers, Community, Innovation" Campaign

The National Retail Federation has announced a new initiative to broaden and enhance perceptions of the retail industry beyond providing consumers with great products. Its "This is Retail: Careers, Community, Innovation" campaign will highlight the industry’s opportunities for lifelong careers, how retailers strengthen communities at home and abroad, and the critical role that retail plays in driving innovation.

National Retail Federation Forecasts 3.4% Increase in Retail Sales for 2013

National Retail Federation Forecasts 3.4% Increase in Retail Sales for 2013

General retail-industry sales will increase 3.4%, according to the National Retail Federation’s recently released 2013 economic forecast. The projection follows the recent 3% growth seen in holiday sales, as well as the NRF’s preliminary projection of 4.2% growth seen in 2012.

Online sales are expected to grow between 9% and 12%—possibly just above the 11.1% growth seen in online sales this past November and December—according to Shop.org, NRF’s digital division.

Walmart Executive to Keynote Retail’s BIG Show 2013 in January

Walmart Executive to Keynote Retail’s BIG Show 2013 in January

Bill Simon, president and CEO of Walmart U.S., will keynote Retail’s BIG Show on Jan. 13-16, 2013, at the Jacob K. Javits Convention Center in New York City.

“A Job to Do: Retail’s Role in an American Renewal” is scheduled for Tuesday, Jan. 15, 2013, at 8:30 a.m.