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National Retail Federation

Contact Information
National Retail Federation
325 7th St. NW, Ste. 1100
Washington, DC 20004
DC Tel. 202-783-7971
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 five divisions addressing technology in retail, chain restaurants, advertising and marketing, online merchants, and an international focus. It functions as both an advocacy group and an informational network for its members, lobbying government, hosting conferences, 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 1.6 million US retailers with more than 24 million employees.

Key numbers for fiscal year ending January, 2007:
Sales: $30.6M

Officers:
President and CEO: Tracy Mullin
SVP and CFO: Carleen C. Kohut
SVP and CIO: David (Dave) Hogan

 
 
Business Encyclopedia: National Retail Federation

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

The National Retail Federation is the world's largest retail trade association. 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 estimates that the businesses that it represents include 1.6 million U.S. retail establishments with more than 24 million employees and sales (2005) sales of $4.4 trillion. NRF is also an umbrella group that represents more than 100 associations of state, national and international retailers.

Divisions

Major divisions of the NRF include:

  • The 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 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; he joined NRF in 1976 [1] and became president in 1993.[2] As of 2006, the Board of Directors was chaired by M. Farooq Kathwari, the Chairman, President and CEO of Ethan Allen. Members of the board included board chairs, CEOs, and/or presidents from Liz Claiborne Inc., J.C. Penney, Gottschalks, The Body Shop, PETCO, Saks, Crate & Barrel, and numerous 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 96th annual one is scheduled to be held in New York City in mid-January 2007, with more than 15,000 attendees expected. [3]
  • 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.[4], based on a survey on Friday and Saturday of the weekend. A Wall Street Journal article after the weekend questioned that projection.[5] By comparison, ShopperTrak RCT Corp., a Chicago market-research company with a different methodology, reported a sales decrease of 0.9% on Friday,[6] and an increase for the weekend of just 0.4%.[5]. In July 2006, NRF predicted a substantial increase in back-to-school sales,[7] and in September 2006 it also predicted a large increase in Halloween spending.[8]

National associations represented by NRF

Among the associations that are members of the NRF in its role as an umbrella organization are:

Notes

  1. ^ "National Perspective: Tracy Mullin", Business Strategies Magazine, November 2005
  2. ^ Greg Jacobson, "Mullin ensures NRF stays nimble", MMR, May 2005
  3. ^ "Setting Retail in Motion", NRF 96th Annual Convention & Expo, New York City, January 14-17, 2007
  4. ^ "Blockbuster Black Friday Weekend Sees Sales Near $28 Billion", National Retail Federation, November 27, 2005
  5. ^ a b Carl Bialik, "Holiday Sales Numbers Don't Add Up", Wall Street Journal Online, November 30, 2005.
  6. ^ "Black Friday Sales Flat as Holiday Shopping Season Begins", ShopperTrak, November 26, 2006
  7. ^ "Electronics and Apparel to Fuel Back-to-School Spending, According to Latest NRF Survey", press release, National Retail Federation, July 18, 2006
  8. ^ "As Halloween Shifts to Seasonal Celebration, Retailers Not Spooked by Surge in Spending", press release, National Retail Federation, Septem ber 20, 2006

Among the associations that are members of the NRF in its role as an umbrella organization are:

American Booksellers Association American Nursery and Landscape Association Direct Selling Association Food Marketing Institute Footwear Distributors and Retailers of America International Franchise Association Jewelers of America, Inc. National Association of Chain Drug Stores National Association of Convenience Stores National Council of Chain Restaurants, a division of NRF National Home Furnishings Association National Retail Hardware Association National Shoe Retailers Association Society of American Florists

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Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Business Encyclopedia. Encyclopedia of Business and Finance. Copyright © 2001 by The Gale Group, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "National Retail Federation" Read more

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