Tag Archives: Matthew Shay

The nation’s leading economic thought-leaders were in Virginia this week for the 30th annual Economic Policy Conference held by the National Association for Business Economics. Attendees heard from top economic policymakers and regulators including former Federal Reserve Chairman Alan Greenspan, former Treasury Secretary Larry Summers, White House Council of Economic Advisers Chairman Jason Furman and […]

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When it comes to protecting customer data, there is more than one stakeholder. As NRF President and CEO Matthew Shay’s letter to Congress reiterated, retailers recognize the need to continue investing in new point-of-sale-technology and take other precautionary measures. But the financial industry also has a critical role to play in making sure their cards […]

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In his opening remarks at Retail’s BIG Show yesterday, NRF President and CEO Matthew Shay outlined a path for continued growth and evolution as an organization and pointed out some recent victories for the industry coming out of Washington D.C. He also took the opportunity to look ahead to 2014 and outlined three policies for […]

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It might not have been neatly wrapped, but the Congressional budget deal passed by the House Thursday night was a gift many had on their holiday wish lists. The news came hours before NRF President and CEO Matthew Shay joined NRF Board Chairman Steve Sadove on CNBC’s Squawk Box program this morning. While there’s work […]

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Dozens of retailers responded to consumer demand by opening stores earlier than ever on Thanksgiving night, including Macy’s, Toys “R” Us, Walmart and Best Buy, to name a few. When asked about the fact that they opened on Thanksgiving for the first time ever, Macy’s President and CEO Terry Lundgren – who admitted to having only […]

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Consistent job growth: it’s not something most industries can claim. But retail is one of them. Between January 2009 and January 2012, the retail sector added nearly 300,000 new jobs. These incremental gains have helped put a dent in an otherwise stagnant U.S. employment rate (7.3%), but it’s not enough. As NRF President and CEO […]

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Today I had the pleasure of representing NRF at the U.S. Manufacturing Summit in Orlando, Florida—an event where we partnered with Walmart to find ways for the retail industry to manufacture more of the goods we sell right here in the United States. In January, we were proud that Walmart chose Retail’s BIG Show to […]

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In an interview today on CNBC, National Retail Federation President and CEO Matthew Shay shared an update on the current state of consumer confidence, the economy, and the impact both are having on back-to-school and college spending. During the segment, Shay noted that retailers are witnessing an “either/or” economy where many consumers are choosing big […]

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“You are going to make our future,” NRF President and CEO Matthew Shay told the Wittenberg University graduating class last week – and he couldn’t have been more right. Of the 1.7 million college students graduating this year with a bachelor’s degree, the retail industry might find the next Mark Zuckerberg, or Terry Lundgren, or […]

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Today is a ground-breaking day at the National Retail Federation, and not just because I’m blogging for the first time on Retail’s BIG Blog. Later this afternoon, I’ll be speaking to hundreds of students from the University of Arizona Lundgren Center for Retailing along with top retailers, including Bloomingdale’s, Macy’s, One Kings Lane, The Hudson […]

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