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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.

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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. .

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Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011

PYMNTS

The severe delinquency rate on private label retail credit cards jumped 57 basis points from March of last year and stands at 4.65 percent, according to Equifax ’s latest National Consumer Credit Trends Report. percent from the same period last year, with delinquencies rising steadily on a seasonal basis since 2013.

Retail 101
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Bulk Nation And The Frill-Free Customizable Grocery Future

PYMNTS

But Bulk Nation had a radical idea about fixing that problem. This was the founding question for the alternative grocery company when it first opened in Sarasota, Florida, in 2013. And, he noted, customers who are coming to Bulk Nation are also going to experience a much wider range of goods than they might otherwise.

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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). Chipotle’s Digital Gains.