Latest National Retail Federation News
US retail sales to increase between 2.5% and 3.5% in 2024, trade group forecasts
NEW YORK (AP) — The largest U.S. retail trade group is forecasting that the country's retail sales will increase anywhere between 2.5% and 3.5% this year, a solid but still slower pace than the 3.6% seen last year. The National Retail Federation said Wednesday that it expects...
Saks CEO Marc Metrick on how he's tackling online return fraud, a growing industrywide issue
NEW YORK (AP) — At Saks Fifth Avenue’s return area at its Manhattan flagship, shoppers now see a camera and signage highlighting the enhanced video surveillance and a new policy: customers must now show a photo ID. The company is also looking at ways to better scrutinize returned...
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