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The National Retail Federation (NRF) is the world’s largest retail trade association, representing all retail formats and channels of distribution, including department stores, specialty, discount, catalog, Internet, independent stores, chain restaurants, drug stores, and grocery stores. The NRF advocates for the retail industry in the United States and provides valuable resources, research, and networking opportunities for its members.
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The National Retail Federation’s (NRF) newly released 2025 Retail Returns Landscape reveals an eye-popping forecast: U.S. retailers are expected to process $849.9 billion in merchandise returns this year, representing nearly 15.8% of total sales—a slight decrease from 2024 but still…
The world’s largest retail trade association, National Retail Federation (NRF) recently found itself in the spotlight for a significant correction regarding inventory loss figures. Initially, the NRF reported that nearly half of the $94.5 billion in industry shrink—a term encompassing…
In recent years, the retail industry has been grappling with a significant rise in thefts, substance abuse, and vandalism. This issue has become so severe that some major brands are exiting markets completely and closing stores due to theft. In…
Shrinkage, sometimes referred to as “shrink,” is the loss of inventory between when it arrives at your facility and when it’s sold or used. This issue can be easily overlooked because it tends to occur in small increments over time.…
The global economy is facing a potential recession as we approach mid-2023, which will significantly impact consumer spending behavior. One of the most notable trends that will emerge during this period is the rise of price-conscious high-end consumers. These individuals,…
Zara, a popular European fashion brand, has recently implemented a new policy that charges U.S. customers for returning online purchases to third-party drop-off points. This change came into effect for orders placed from June 1 onwards, with a fee of…