NRF

140 Million Shoppers Expected Thanksgiving Weekend

Shoppers at R.H. Macy's, Herald Square in New York City

Sixty-one percent of shoppers, about 140 million, say they will or may shop either Thursday, Friday, Saturday or Sunday during Thanksgiving weekend, according to the National Retail Federation's Thanksgiving Weekend Expectations survey, conducted by Prosper Insights & Analytics.

Retailers Prepare for Surge in Online Shopping

Retailers are assertively preparing their shipping operations to avoid delivery and service issues this year, according to Shop.org’s eHoliday survey, conducted by Prosper Insights & Analytics, which found that nearly 80% of retailers surveyed will set their standard shipping deadlines for guaranteed Christmas delivery to expire at least one week before the big day, compared to just over 73% who said so last holiday season. Additionally, roughly 21% will set those deadlines to expire Dec.

NRF Launches Small Business Retail Council

The National Retail Federation has announced the formation of the Small Business Retail Council to organize, recruit and engage main street merchants and independent community retailers in grassroots advocacy activities. The council will represent and be responsive to the needs, concerns and interests of local shops, and provide the association’s small business members a forum to discuss the most pressing public policy issues and priorities.

NRF Requests Review of Swipe Fee Ruling

The National Retail Federation has told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and has asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.

Father’s Day Spending to Top $12.5 Billion

Father’s Day Spending to Top $12.5 Billion

Total spending for Father's Day this holiday season is expected to reach $12.5 billion, according to the National Retail Federation’s 2014 Father’s Day Spending Survey, conducted by Prosper Insights & Analytics. Though slightly down from last year ($119.84), the average person will spend $113.80 on neckties, tools, electronics and other special gifts for dad.

NRF Launches Information-Sharing Platform

National Retail Federation

The National Retail Federation is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies and partners in the financial services sector. The program, developed in consultation with the Financial Services Information Sharing and Analysis Center, will launch with the establishment of an information-sharing platform for retail-industry information security specialists, and plans call for a retail ISAC to be established in June.