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The Latest Breaking News from NRF

I Asked ChatGPT What Would Happen to the Economy If Holiday Spending Dropped by 50%

Nobody predicts that holiday spending will drop 50% -- or even anywhere close to that. But what would happen if the economy did experience such a decline?

GOBankingRates

Visa and Mastercard Swipe-Fee Deal Could Reshape Credit Card Rewards and UK Spending

Visa and Mastercard's settlement could lower swipe fees for merchants but may reduce credit card rewards for shoppers.

International Business Times UK

Holiday Hiring To Plunge To 15-Year Low, Says NRF: Here's What Jobseekers Need To Know

Retailers are expected to add just 265,000 to 365,000 seasonal jobs this year, the National Retail Federation said on Thursday. The forecast is the lowest holiday hiring tally in at least 15 years, down from 442,000 last year and NRF said, is consistent with a softer labor market.

Benzinga

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National Retail Federation forecasts first-ever $1 trillion holiday season

The U.S. holiday season is expected to break new records despite inflation and tariffs.

Axios

National Retail Federation predicts first $1 trillion holiday shopping season

American shoppers are expected to spend more during the holiday shopping season this year, compared with a year ago, despite shoppers’ downbeat attitude amid all the economic uncertainty and rising prices from President Donald Trump’s tariffs

The Independent UK

Fearing tariff-induced price hikes, parents are back-to-school shopping earlier than any year on record

More than two-thirds of families started buying pencils, pens, paper, and folders in early July.

Fortune

Apple Stock A Back-To-School Winner? Nine States Offer Sales Tax Holidays, Big Savings

Consumers facing inflation concerns and worries of future tariffs on products from Apple Inc (NASDAQ:AAPL) could be in for a surprise sale during July and August, thanks to annual state sales tax holidays in participating states.

Benzinga

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Hundreds arrested across 28 states in effort to curb organized retail theft

Illinois taskforce brought together more than 100 law enforcement agencies and over 30 retailers for crackdown

The Guardian - US

Father’s Day spending expected to hit record high despite economic uncertainty

Retailers expect Americans to spend $24bn this year on gifts for dad

The Independent UK

How Tariffs Could Cause Shortages in American Stores

A sharp decline in ocean freight from China during April is a sign of the supply chain issues that will begin hitting in May.

Reason

Roses Are Red, Violets Are Blue, These 68 Valentine’s Day Fails May Mortify You (New Pics)

Ah, Valentine’s Day! It’s supposed to be romantic from start to finish, but failure, rejection, and tragedy don't take any time off. The post Roses Are Red, Violets Are Blue, These 68 Valentine’s Day Fails May Mortify You (New Pics) first appeared on Bored Panda.

Bored Panda

This Analyst Gave Super Micro Stock an Unexpected Price Target Hike

Investors should take a wait-and-see approach ahead of a key filing deadline for SMCI on Feb. 25.

Barchart

Toy stores could go bust under Trump’s proposed international tariffs

Nearly 80 percent of U.S. toys are manufactured in China, one of the countries the president-elect has threatened to target with immediate charges on imports

The Independent UK

Nature restoration in Highlands facing long-term challenges, communities warn

Funding and depopulation are putting a strain on projects that could take years if not decades to yield meaningful change.

The Independent UK

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news in one place.

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Fortune

Walmart is experimenting with body cameras for employees—like the ones used by cops—to ward off 'unprecedented levels' of shopper violence

Walmart is piloting a program at select stores where employees are required to wear body cameras.

International Business Times

Retailers Report Strong Sales Over Holiday Weekend

The post-Thanksgiving weekend is a key stretch in the holiday shopping season.

Kiplinger

How Tariffs Will Impact Clothing and Toy Prices in 2025

U.S. toy makers warned customers of fewer toys and higher prices this year.

Salon

Walmart: Tariffs likely to raise prices

The retailer is the latest company addressing how Trump's proposal could affect consumers

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The Independent UK

Retailers are already preparing for Trump’s tariffs that threaten to upend the economy

‘The adoption of across-the-board tariffs on consumer goods and other non-strategic imports amounts to a tax on American families,’ the CEO of the National Retail Federation warned

Latin Times

Trump's Tariff Plan Could Cost American Consumers up to $78 Billion in Annual Spending, Study Reveals

A report from the National Retail Federation (NRF) says the proposed tariffs would mainly impact consumer product categories

Bored Panda

People Went All Out With Their Halloween Decorations And Shared The Results Online (New Pics)

Rejoice, Spooky Pandas! Halloween is once again upon us! The post People Went All Out With Their Halloween Decorations And Shared The Results Online (New Pics) first appeared on Bored Panda.

Bored Panda

133 Times People Didn’t Hold Back When Decking Out Their Houses For Halloween (New Pics)

The most spooktacular selection of houses that scream Halloween. From those covered in spider webs, to witches perched on the roof, some families have left the neighbors spellbound with their creepy and creative exterior decorations. The post 133 Times People Didn’t Hold Back When Decking Out Their Houses For Halloween…

The Conversation

Breast cancer: why it’s difficult to treat and what new approaches are on the horizon

Breast cancer is the number one cancer among women: more than 2 million cases were diagnosed worldwide in 2022. It is also particularly challenging to treat. Physiologist Anna-Mart Engelbrecht, who heads the Cancer Research Group at Stellenbosch University, explains why this is so and how precision medicine could help.

International Business Times

Holiday Spending Expected To Increase This Year Despite Consumers Acting 'More Cautiously'

The National Retail Federation forecast that total sales in November and December would grow between 2.5% and 3.5%, compared to the same period in 2023.

The Conversation

The remarkable career of Tito Mboweni: from South African freedom fighter to central bank governor and trusted politician

It is sad to write about Tito Mboweni in the past tense.

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