“Retailers know that if they don’t pass along the savings the store across the street will,” says NRF president. With the first anniversary of debit card swipe fee reform approaching next week, U.S. retailers and their customers are benefiting from savings of up to $18 million a day that previously went to card companies and…
NRF To Fight Swipe Fee Settlement
“The proposal is a lose-lose-lose for merchants, consumers and competition,” says NRF CEO. The National Retail Federation’s Board of Directors has authorized the Federation to go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over skyrocketing Visa and MasterCard credit card swipe fees that cost consumers hundreds of dollars…
NRF Appoints Davis SVP, Executive Director
“With her deep understanding of retail and consumer trends, her love of our industry and her strategic communications background, Ellen is the perfect candidate to re-imagine the possibilities for our Foundation,” says NRF CEO. The National Retail Federation announced today that Ellen Davis has been named senior vice president and executive director of the NRF…
2012 Gets Off To A Strong Start
“As a traditionally slower sales month for the industry, it’s encouraging to see such sustained growth in consumer spending and sentiment,” says NRF CEO. Building on the momentum of a strong holiday shopping season and propelled by gift card redemptions and warm weather, retailers’ January sales saw solid growth across the board. According to the…
Duane Reade Flagship Store Wins Design Award
Location at 40 Wall Street is named winner of the Convenience Store/Pharmacy Category in the Retail Design Institute’s 41st Annual International Design Competition. Duane Reade’s flagship store in Manhattan’s financial district took first place honors in the Convenience Store/Pharmacy category at the Retail Design Institute’s 41st annual international awards program last month. Occupying the ground…
Rutter’s Wins Top Mobile App at NRF
Blackberry, iPhone and Android users can access the Rutter’s mobile app for information on gas prices and more. Rutter’s mobile app was named the Best Mobile Application at the recent Customer Engagement Awards held during the National Retail Federation’s (NRF) annual convention in New York City. “It is great to have our innovation being recognized…
Securing the Convenience Store
Security remains an ongoing concern for convenience store operators, but new technologies and approaches are offering some great help. And great help is a great asset, because there is a lot of work to be done. Bad economic times mean increases in petty theft at retail. In fact, U.S. retailers lost $34.8 billion in stolen…