Merchandising

A change in federal tax law that decreased the take-home pay of many working Americans is impacting household budgets. According to NRF’s 2013 Tax Returns Survey conducted by BIGinsight, nearly three-quarters (73.3%) of those polled say their spending plans are taking a hit.

Shop.org is launching today a multi-part initiative to engage the industry in examining how retailers are integrating all things “digital” into their business structures.

The Association for Retail Technology Standards (ARTS), the National Retail Federation’s technology standards division, today announced the release of three diverse standards for the retail technology community, all of which will be available for review in the ARTS Pavilion, booth 2253, at Retail’s BIG Show.

As shoppers become increasingly connected, online retailers in 2013 will get back to basics, focusing on strategies and tactics to improve the customer experience and increase web conversion and loyalty across all devices

Bringing together the world’s leading retailers and their business partners, Retail’s BIG Show is set to commence next week, offering a speaker lineup never seen before. The four-day convention, held January 13-16, 2013 at the Jacob K. Javits Convention Center in New York City, will feature topics ranging from digital and mobile retailing to corporate and social responsibility to economic and consumer trends in the new year.

The NRF Foundation and American Express today announced the winners of their annual Aspire2Retail Intercollegiate Challenge, which is designed to increase understanding of diverse career paths in retail by engaging university students in a competitive, collaborative role play that involves implementing a multi-tiered business strategy.

Christmas came early for 24 college students when they learned they were recipients of a $5,000 scholarship through the NRF Foundation’s Ray M. Greenly Scholarship fund. Each student, nominated by educators at their schools based on their high scholastic achievements and passion for retail, will receive a $5,000 scholarship to cover educational costs and a stipend to attend Retail’s BIG Show in January.

The New England Patriots and the Washington Redskins weren’t the only winners this Thanksgiving Day as more than 35 million Americans visited retailers’ stores and websites Thursday – up from 29 million last year – scoring deals on everything from hot electronic items to cashmere sweaters and toys. According to a National Retail Federation survey conducted by BIGinsight over the weekend, traffic and spending grew over the entire weekend*.

Even the post-turkey coma couldn’t keep a good shopper down last night as millions of people across the country lined the sidewalks late Thursday night and by midnight on Black Friday to stock up on discounted toys, laptops, tablets, apparel, and more.

Children’s wish lists this holiday season are full of the latest gadgets such as Apple iPads and the Nintendo Wii U, but there’s still demand for some classic gifts like LEGOs, dolls and toy cars according to NRF’s 2012 Top Toys survey conducted by BIGinsight.

According to a preliminary Black Friday shopping survey, up to 147 million people plan to shop Black Friday weekend (Friday, Saturday and Sunday), a slight decrease from the 152 million who planned to do so last year.

With retailers providing increasingly creative ways for gift cards to be personalized and delivered, NRF’s 2012 holiday consumer spending survey conducted by BIGinsight shows that 81.1 percent of shoppers will purchase at least one gift card and will spend an average of $156.86 on gift cards, the highest amount in the survey’s 10-year history.

According to the National Retail Federation’s holiday consumer spending survey conducted by BIGinsight, 52.8 percent of Americans have already started their holiday shopping, up from 51.4 percent last year.

The Retail Advertising and Marketing Association (RAMA), a division of The National Retail Federation, announced today Kevin Brown, group vice president, and chief marketing officer at Meijer Inc. will serve as the Chairman of its Board of Directors. . In addition to electing a new Chairman, RAMA also welcomes five new members to its Board of Directors.

The National Retail Federation announced today that Bill Simon, president and chief executive officer of Walmart U.S. will keynote Retail’s BIG Show, January 13-16, 2013 at the Jacob K. Javits Center in New York City.

More than two dozen colleges and universities have joined the NRF Foundation as partners through a program that provides educators and students exclusive access to retail industry research, educational events and other industry networking opportunities.