An improving economy kept January retail sales nearly as good as the holiday season’s strong showing – dropping only 0.26 percent seasonally adjusted from December – and fueled a healthy 5.4 percent increase year-over year.
NRF says any new data breach notification law passed by Congress should cover all industries that handle consumer data and "leave no roles" that would allow events like last year's Equifax breach to remain hidden.
The National Retail Federation announced that it has hired Christian Beckner, a top Washington cybersecurity think tank expert and former U.S. Senate homeland security advisor, to head its cybersecurity program.
The National Retail Federation released its economic forecast for 2018, projecting that retail industry sales, which exclude automobiles, gasoline stations and restaurants, will grow between 3.8 and 4.4 percent over 2017. Online and other non-store sales, which are included in the overall number, are expected to increase between 10 and 12 percent.