Content about Matthew Shay

July 9, 2014

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.

February 7, 2014

The National Retail Federation released its economic forecast for 2014, with projected retail industry sales growth of 4.1%. Its preliminary count for 2013 stands below that at 3.7%.

Additionally, the NRF also said it expects online sales to grow between 9 and 12% in 2014.

January 29, 2014

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.

October 17, 2013

The National Retail Federation (NRF) has followed up its previous statements regarding the government shutdown with a critique of the bipartisan deal reached late last night by the Senate and the House.

October 10, 2013

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.

September 9, 2013

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.”

June 28, 2012

After the Supreme Court upheld the 2010 Patient Protection and Affordable Care Act, the National Retail Federation (NRF) said it will redouble its efforts to repeal the healthcare law.

“We’re disappointed by today’s ruling,” said NRF president and CEO Matthew Shay in a statement. “The Court missed an opportunity to redress the many shortcomings of the law."

June 9, 2011

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. 

December 14, 2010

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.