The National Retail Federation today issued the following statements from NRF President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the January jobs report: “While it is always positive to see an increase in private sector hiring and a decrease in unemployment, it is alarming that employment can’t shift into a higher gear,”… Keep reading →
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The National Retail Federation today issued the following statements from NRF President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the December jobs report: “The nation’s retailers continued to add to their payrolls in December even in the midst of the condensed holiday shopping season,” Shay said. “Retailers and merchants, especially those operating… Keep reading →
Retailers Disappointed by Approval of ‘Deeply Flawed’ Credit Card Swipe Fee Settlement
By businesswireThe National Retail Federation issued the following statement from Senior Vice President and General Counsel Mallory Duncan in response to U.S. District Court Judge John Gleeson’s approval of a controversial antitrust lawsuit over credit card swipe fees. “We are very disappointed that this deeply flawed settlement has been approved. It is not supported by the… Keep reading →
The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French on the introduction of a new patent reform bill by House Judiciary Chairman Bob Goodlatte, R-Va.: “Patent trolls intentionally abuse the patent and legal systems to extort payments from companies large and small. Trolls purchase arcane patents… Keep reading →
National Retail Federation on Shutdown Deal: ‘Legislating from Crisis to Crisis is No Way to Govern’
By businesswireThe National Retail Federation today released the following statement from NRF President and CEO Matthew Shay on the expected decision to reopen the government and delay the debate on the debt ceiling: “While there is some satisfaction at achieving a deal, today’s agreement between the House and Senate merely ensures more opportunities to continue the… Keep reading →
Study Says Retailers Have Shared Debit Swipe Fee Savings But Consumers Could Save More if Fed Set Cap Lower
By businesswireThe National Retail Federation welcomed a new study released today that shows retailers have passed along the majority of the savings from debit card swipe fee reform to their customers, and that the resulting increase in consumer spending has boosted job creation across the country. But the study also shows that benefits for consumers and… Keep reading →
The following statement can be attributed to Michael Petricone, senior vice president, government and regulatory affairs, Consumer Electronics Association®, regarding House Judiciary Committee Chairman Goodlatte’s issuance of principles governing collection of sales taxes on products purchased online. “Leaders in both parties recognize that differential tax treatment of online and brick-and-mortar retailers is unjustifiable and unsustainable…. Keep reading →