Frank Blake, former CEO and current chairman of The Home Depot, will receive the National Retail Federation’s prestigious Gold Medal Award at Retail’s BIG Show in New York City next month, NRF announced today.
The National Retail Federation performed an internal shuffle, first by hiring Paul Martino as VP and senior policy counsel and second by promoting Beth Provenzano to VP for Federal Government Relations.
The National Retail Federation has issued a statement in response to President Obama's State of the Union address, in which he announced that he would sign an executive order to raise the federal minimum wage to $10.10 per hour for workers under new government contracts.
The National Retail Federation (NRF) sent a letter to congressional leaders Oct. 9 urging the government to end its ongoing shutdown with a continuing resolution.
“We strongly support passage of both a continuing resolution to provide for funding of the federal government into the next fiscal year and a measure to raise the nation’s debt ceiling,” NRF president and CEO Matthew Shay said in the letter.
In a statement following the recent ho-hum employment situation report, the National Retail Federation (NRF) CEO said the “economy continues to sputter along.”
NRF President and CEO Matthew Shay said. “Employers and retailers are adding to their payrolls and ranks, but still remain guarded. The business community is hiring yet waiting for stronger signs of sustained economic growth before extending too many job offers.”
The National Retail Federation describes a kind of pent-up demand for Father's Day spending as one reason for positive signals from its Consumer Intentions and Actions Father's Day survey.
As June 19 approaches, research suggests Americans will spend an average of $106.49 on fathers across the country -- the highest figure in the survey's eight-year history, and up significantly from $94.32 last year.
The National Retail Federation (NRF) has revised its consumer spending forecast for the 2010 holiday season, raising it from a 2.3% increase over last year to a 3.3% growth rate.
The upward revision is due to improvement in a variety of economic indicators, the group said, including stock market gains, recent income growth and savings built up during the recession - all giving consumers the capacity to spend.