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National Retail Federation

 
Hoover's Profile: National Retail Federation
Contact Information
National Retail Federation
325 7th St. NW, Ste. 1100
Washington, DC 20004
DC Tel. 202-783-7971
Toll Free 800-673-4692
Fax 202-737-2849

Type: Private - Association
On the web: http://www.nrf.com
Employees: 96

The National Retail Federation (NRF) wants everyone to shop 'til they drop. The group is a trade association representing the retail industry that works through four divisions addressing technology in retail, chain restaurants, advertising and marketing, and online retail. It functions as both an advocacy group and an informational network for its members, lobbying government, hosting conferences and seminars, and publishing newsletters and books. The NRF magazine, Stores, is published monthly. NRF includes more than 100 US national, state, and international retail associations and more than 1.6 million US retailers with about 25 million employees.

Key numbers for fiscal year ending January, 2008:
Sales: $34.7M

Officers:
Chairman: Myron E. (Mike) Ullman III
President, CEO, and Director: Tracy Mullin
SVP and CFO: Carleen C. Kohut

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Business Encyclopedia: National Retail Federation
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The National Retail Federation (NRF) strives to protect and advance retail industry interests by providing services and conducting programs in government affairs, information technology, education, training, and research. NRF members represent leading merchandise, independent, specialty, discount, and mass-merchandise stores; key suppliers to the retail industry; and more than a hundred trade organizations across the globe. NRF's interactive boards and committees, comprised of industry experts in their areas of specialization, are designed to represent and reflect industry's diversity and breadth. These boards and committees formulate and implement policies, standards, guidelines, and strategies that are consistent with retail industry objectives.

The NRF believes lobbying is a "necessary tool to ensure that [NRF] interests and…way of doing business is preserved" (Mullin, 1999). Fortune magazine, one of the premier publications in the business world, ranked the NRF among the top thirty lobbying organizations in the nation. Additionally, to assist members financially, NRF's member discount program pools the membership's buying power to negotiate reductions on a variety of services and products.

NRF's information technology component serves as the retail industry's information technology headquarters. NRF's groups (the Information Technology Council and various committees) help configure the retail technology environment. They analyze existing and upcoming technologies, as well as potential regulatory and legislative initiatives, and educate private and government entities about retail technology concerns and needs.

Further, through the NRF's various publications (STORES Magazine, Management of Retail Buying, Small Store Survival, Combined Financial, Merchandising and Operating Results of Retail Stores in 1997, and many others), valuable information, which can be transformed into best practices, is disseminated. For example, the NRF developed standard color and size codes (used to implement Universal Product Codes) and published them in its Standard Color and Size Code Handbook.

More information is available from the NRF at 325 7th St., NW, Suite 100, Washington, D.C. 20004; (202) 783-7971 or (800) NRF-HOW2; or http://www.nrf.com.

Bibliography

Mullin. T. Archived at: http://www.nrf.com/dir/presletter/. 1999.

National Retail Foundation (NRF). Archived at: http://www.nrf.com/dir/standing/. 1999.

NRF. "Information Technology: The Headquarters of Technology Across the Retail Industry." Archived at: http://www.nrf.com/hot/it/. 1999.

NRF. "Member Discount Program." Archived at: http://www.nrf.com/services/group/. 1999.

NRF. "Mission Statement." Archived at: http://www.nrf.com/about/. 1999.

NRF. "Publications." Archived at: http://www.nrf.com/pubs/. 1999.

[Article by: MARY JEAN LUSH; VAL HINTON]

Wikipedia: National Retail Federation
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The National Retail Federation is the world's largest retail trade association.[1] Its members include department store, specialty, discount, catalog, Internet, and independent retailers, and chain restaurants and grocery stores. Members also include businesses that provide goods and services to retailers. NRF represents an industry that contains over 1.6 million U.S. retail establishments with more than 24 million employees and (2005) sales of $4.4 trillion. NRF is also an umbrella group that represents more than 100 associations of state, national and international retailers.

Contents

Divisions

Major divisions of NRF include:

  • Association for Retail Technology Standards (ARTS), an organization with international membership, which works to reduce the costs of technology by helping the implementation of technology standards. ARTS has four standards: The Standard Relational Data Model, UnifiedPOS, ARTS XML and the Standard RFPs.
  • The National Council of Chain Restaurants (NCCR), the leading trade association exclusively representing chain restaurant companies, which has existed since the early 1960s.
  • Retail Advertising & Marketing Association (RAMA), a trade association of marketing and advertising professionals working at retail companies, and their counterparts who work at advertising agencies and media and service-providers.
  • Shop.org, an association of retailers who sell online.
  • International Retail Federation (IRF), which serves the needs of retailers based outside the United States through networking events, education, products, services and other resources.

The NRF also has a research and education arm, The NRF Foundation (NRFF), a non-profit 501(c)3 organization created in 1981. It conducts industry research, develops education and workforce development programs, and promotes retailing as a career.

Leadership

The president and CEO of the NRF is Tracy Mullin, who joined NRF in 1976.[2]. She became president in 1993.[3] She announced in April 2009 that she was retiring as of late 2009.[4] In July 2009, Mullin was named one of the top association CEOs in the country by CEO Update.[5]

As of 2009, the NRF Board of Directors was chaired by Myron E. (Mike) Ullman III, Chairman and CEO of J.C. Penney. His predecessor was M. Farooq Kathwari, the Chairman, President and CEO of Ethan Allen. Members of the board include board chairs, CEOs, and/or presidents from Liz Claiborne Inc., The Body Shop, PETCO, Saks, Crate & Barrel, and other well-known retailers.

Activities

  • NRF publishes STORES Magazine, monthly, covering the entire range of interests of NRF members, and LPinformation Magazine (formerly LP&Security Trends), bi-monthly, covering loss prevention. STORES also publishes, annually, its Retail Industry Buying Guide and its Software Sourcebook.
  • Each of the divisions of NRF has one or more conferences annually. In addition, NRF has an annual conference/convention. The 97th, in New York City in January 2007, had more than 15,000 attendees and 500 vendors.[6] Attendance in January 2008 was 18,500; in January 2009 it dropped by 8%, to a total of 17,000.[7]
  • The organization regularly does sales projections. For example, for the Thanksgiving weekend in 2005, the NRF projected that sales would be 22% above the prior year.[8], based on a survey on Friday and Saturday of the weekend. A Wall Street Journal article after the weekend questioned that projection.[9] By comparison, ShopperTrak RCT Corp., a Chicago market-research company with a different methodology, reported a sales decrease of 0.9% on Friday,[10] and an increase for the weekend of just 0.4%.[9]. In July 2006, NRF predicted a substantial increase in back-to-school sales,[11] and in September 2006 it also predicted a large increase in Halloween spending.[12]

2009 merger with RILA

In April 2009, NRF and the Retail Industry Leaders Association (RILA) announced that they would merge.[1]NRF has about 100 employees; and has been based in Washington, D.C. since it moved from New York City in 1993; it had been in New York for 81 years.[4] RILA is based in Arlington and has a staff of about 30.[13]

The process was expected to be completed by summer 2009, after both NRF and RILA went through a due diligence process. The boards of directors of both associations had to recommend the merger, and members of both groups had to approve it.[14] The combined association was be run during the transition by RILA President Sandy Kennedy. Kennedy said in May that she envisioned a smaller staff of about 75, down from 135 now employed by the existing associations.[15]

In late June, the NRF and RILA announced that the merger had been called off.[16] }} The decision was by the boards; members had not yet been asked to vote on the matter. "NRF and RILA will devote all resources to continuing the work they are each doing to address the serious issues that America's consumers and retailers are facing in today's economic environment," the groups said in a joint statement.[17]

National associations and members represented

The NRF has about 2,500 members, including department, specialty, discount, catalog, Internet, independent stores, chain restaurants, drug stores and grocery stores.[1] Among the associations that are members of the NRF in its role as an umbrella organization are:

References

  1. ^ a b c "National retail groups to merge". Pacific Business News. April 22, 2009. http://www.bizjournals.com/pacific/stories/2009/04/20/daily26.html. 
  2. ^ "National Perspective: Tracy Mullin", Business Strategies Magazine, November 2005
  3. ^ Greg Jacobson, "Mullin ensures NRF stays nimble", MMR, May 2005
  4. ^ a b "NRF President and CEO Tracy Mullin Announces Retirement". Retail Solutions Online. April 22, 2009. http://www.retailsolutionsonline.com/article.mvc/NRF-President-and-CEO-Tracy-Mullin-Announces-0001?VNETCOOKIE=NO. 
  5. ^ "NRF chief named a top association CEO". Chain Store Age. July 22, 2009. http://www.chainstoreage.com/story.aspx?id=110811. Retrieved 2009-07-24. 
  6. ^ "Setting Retail in Motion", NRF 97th Annual Convention & Expo, New York City, January 13-16, 2007
  7. ^ Don Davis (September 2009). "NRF/RILA Bust-up: Small fry find it hard to make common cause with retailing industry's great white sharks". Internet Retailer. http://www.internetretailer.com/article.asp?id=31669. 
  8. ^ "Blockbuster Black Friday Weekend Sees Sales Near $28 Billion", National Retail Federation, November 27, 2005
  9. ^ a b Carl Bialik, "Holiday Sales Numbers Don't Add Up", Wall Street Journal Online, November 30, 2005.
  10. ^ "Black Friday Sales Flat as Holiday Shopping Season Begins", ShopperTrak, November 26, 2006
  11. ^ "Electronics and Apparel to Fuel Back-to-School Spending, According to Latest NRF Survey", press release, National Retail Federation, July 18, 2006
  12. ^ "As Halloween Shifts to Seasonal Celebration, Retailers Not Spooked by Surge in Spending", press release, National Retail Federation, Septem ber 20, 2006
  13. ^ Ylan Q. Mui (April 22, 2009). "Retail Groups Plan Merger To Boost Lobbying Efforts". Washington Post. http://www.washingtonpost.com/wp-dyn/content/article/2009/04/21/AR2009042103986.html. 
  14. ^ "NRF, Retail Industry Leaders Association to Merge". Home Furnishings Business. Apr 24, 2009. http://www.hfbusiness.com/article/national-retail-federation-retail-industry-leaders-association-agree-merge-406251_1.html. 
  15. ^ Mark Albright (May 5, 2009). "Tampa's new Ikea to feature 2010 style". St. Petersburg Times. http://www.tampabay.com/news/business/retail/article998066.ece. 
  16. ^ "Trade groups NRF and RILA call off planned merger". InternetRetailer.com. June 25, 2009. http://www.internetretailer.com/dailyNews.asp?id=30934. 
  17. ^ Ylan Q. Mui (June 25, 2009). "National Retail Trade Groups Decide to Nix Planned Merger". Washington Post. http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062403615.html. 

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