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Recent Articles

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NRF argues that class action settlement between Visa, Mastercard and merchants, who claim they had been overcharged, is 'meager'; settlement would only save merchants US$6B/year, compared to the US$100B in fees that Visa, Mastercard collected last year

US retail sales will increase in 2024 between 2.5% and 3.5% to between US$5.23T-US$5.28T, according to NRF report

US retail industry supported 55 million full-time and part-time jobs in 2022, accounting for 26% of total US employment and remaining the largest private-sector employer, according to NRF report

US consumer spending expected to reach a total of US$22.4B this Easter, the second highest in the survey's history, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics

Inbound cargo volume at major US container ports expected to see year-over-year increases through H1 despite attacks on ships in Red Sea, per Global Port Tracker; carriers are using surplus of capacity from pandemic to ease impact as voyages are diverted

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