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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. I wrote a piece in 2014, right around this time, that made the strong case for the decline of physical retail. Like this one.

Retail 309
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FTC and 18 state attorneys general settle action against national retail chain accused of unlawful practices targeting servicemembers

CFPB Monitor

and related entities (collectively, “Harris Jewelry”), a national jewelry retailer that markets and sells military-themed gifts, to resolve their lawsuit which alleged that Harris Jewelry had engaged in unlawful sales and credit practices targeting servicemembers. We expect the settlement to be approved by the court. .

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

Retail 109
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Bonus episode: understanding pay and labour market tightness

BankUnderground

But bonuses could be really important to understand labour market tightness – a topic of much interest at the moment. A frequently used measure of pay by the Bank of England is Average Weekly Earnings (AWE) regular pay for the private sector , published by the Office for National Statistics (ONS). What data is there on bonuses?

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Toy Discounts On The Decline For Holiday Shoppers

PYMNTS

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. The shopping time between Thanksgiving and Christmas is six fewer days this year, the shortest since 2013. Barbie from Mattel is still the most popular holiday toy for girls.

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On National Burrito Day, Chipotle Serves Up Signs Of QSR Innovation

PYMNTS

As far as made-up, non-holiday holidays go, you could probably do worse than National Burrito Day , which takes place on Thursday (April 4). Part of the growth in digital came from online marketing, Niccol told investors when discussing the latest Chipotle financials. Chipotle’s Digital Gains.

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Chinese eCommerce Pet Startup Boqii Eyes IPO

PYMNTS

Boqii had a Series A fundraising round that finished in June 2013, followed by a series B round in 2014. The firm is said to be harnessing increasing affluence as more households take pets into their homes in the Chinese market. The eCommerce firm, which is based in Shanghai, is mulling offering shares in U.S.

National 151