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The Latest Breaking News from the National Retail Federation

Are you ‘loud budgeting’ or ‘doom spending’? Finance according to gen Z

US schools fall short on financial literacy. So a generation saddled with money woes has developed language of its own

The Guardian - US

The End of Free Returns

The end of free merchandise returns is at hand, as total retail returns amounted to $743 billion in 2023, according to a new report by the National Retail Federation and Appriss Retail.

Kiplinger

Holiday spending is up. Shoppers are confident, but not giddy

Consumer spending from Nov. 1 through Christmas Eve rose 3.1% year over year, new data show, a figure in line with the decade leading up to the pandemic and another positive sign for the economy.

WEKU

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The secret life of gift cards: Here’s what happens to the billions that go unspent each year

Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation. But many gift cards wind up forgotten or unused.

Chicago Sun-Times

Gift Card Guide: Maximizing Value, Avoiding Expiration, and Claiming Unclaimed Funds

Discover the untapped potential of gift cards! From expiration dates to resale options, this creative guide sheds light on their hidden secrets.

Top News

The secret life of gift cards: Here's what happens to the billions that go unspent each year

Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation

The Independent UK

Which States Are Most And Least Impacted By Retail Crime?

A survey reveals that the vast majority of small business retailers nationwide have experienced theft at their stores.

Zenger

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Retail group pulls back on claim organized retail crime accounts for nearly half of inventory loss

The National Retail Federation has revised a report released in April that pulls back the claim that organized retail crime accounts for nearly half of overall industry shrink, which measures overall loss in inventory, including theft

The Independent UK

Thanksgiving Weekend Shopping Rises To Record And Beats Expectations

Online shopping attracted more consumers than physical stores, the National Retail Federation said.

International Business Times

Still looking for deals on holiday gifts? Retailers are offering discounts on Cyber Monday

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday

The Independent UK

Roll your eyes, but Black Friday's still got it. So here's what to look for

Americans say Black Friday is overhyped, but nearly 1 in 5 still plan to do most of their shopping then. This holiday season is expected to break shopping records.

WEKU

Email fraud poses challenges for consumers and companies during the holiday season

Keep an eye out for cyber scams during the holiday shopping season. New research suggests companies could be doing more to protect consumers from being tricked.

WEKU

The crime epidemic in places like San Francisco causing stores to flee could actually just be bad management, investment bank suggests

While crime has risen slightly, the numbers don’t match up, William James said in a research note, citing “potentially ulterior, more opportunistic motives.”

Fortune

Videos of 'flash mob' thefts are everywhere, but are the incidents increasing?

Retailers are implementing new strategies to thwart thieves, such as locking up merchandise and limiting the number of customers. Companies say thefts are on the rise across the U.S.

WEKU

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The Independent UK

6 tips for cutting costs on back-to-school shopping

An estimated $135 billion will be spent on back-to-school and back-to-college shopping in 2023, according to the National Retail Federation, representing the second-largest spending period of the year, behind only the holidays

WEKU

Back-to-school shopping season could be most expensive for Kentuckians yet

This year’s back-to-school spending could reach an all-time high. A prediction from the National Retail Federation says nationwide spending could reach more than $41 billion dollars.

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