DIRS.INFO The most relevant business & tech news

☆ Thanksgiving Day online sales jump as discounts motivate holiday shoppers
▼ + stars: | 2023-11-24 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Online spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to Adobe Analytics, a reflection of holiday shoppers who are buying more of their gifts online and responding to discounts. It does not cover in-store purchases, where the majority of U.S. holiday purchases still take place. And shoppers responded: Online purchases of toys shot up 182% compared to average daily sales in October. Jewelry sales rose 126%, apparel rose 124% and personal care products rose 67%. Mobile shopping played a big role in Thanksgiving sales, with nearly 60% of sales coming through a mobile device — an all-time record for Thanksgiving, Adobe said.

Persons: That's, it's, Mario, Adobe Organizations: Adobe Analytics, National, Target, Disney, Adobe, Marvel, Mobile Locations: U.S

☆ What is retail shrink, and how does it differ from theft?
▼ + stars: | 2023-11-21 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

"Shrink" has come up frequently as retailers like Walmart and Target talk about theft at their stores. AdvertisementExecutives at retailers like Walmart and Target often mention "shrink" or "shrinkage" when they talk about theft at their stores. In 2022, retailers lost $122.1 billion in shrink, or 1.6% of all retail sales, according to the National Retail Foundation. External theft represented 36% of shrink that year, while 29% came from employee theft. And executives at Dick's Sporting Goods said in August that higher-than-expected shrink from theft pulled the retailer's profits down during its second quarter.

Persons: —, it's Organizations: Walmart, Service, National Retail Foundation, Dick's Sporting Goods, CNBC

☆ Black Friday came early this year, signaling worries about holiday demand
▼ + stars: | 2023-11-17 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

Mario Tama | Getty Images News | Getty ImagesEarly Black Friday discounts were far higher this October compared to prior years, signaling retailers are concerned that demand could be tepid during the crucial holiday shopping season. Last year, about 30% of overall holiday sales happened online and other non-stores versus physical retail locations, according to the NRF. On average, 7.8% of all items were on sale at some point during the month compared to just 4.9% in 2019 and 3.3% in 2021. In Oct. 2022, prices were down just .7% compared to the prior year and in Oct. 2021, prices were up 1.9% compared to the prior year. The following year, when both inventories and inflation had grown and consumers were starting to feel the burn of high prices, promotions rose.

Persons: Barbie, Mario Tama, GlobalData, They're, it's, Daniel Rubin, John's University's Peter J, Brett House, we've Organizations: Walmart, Getty, Adobe Analytics, Adobe, CNBC, National Retail Federation Retail Monitor, ., Tobin College of Business, Columbia Business School Locations: Burbank , California, GlobalData

[1/4] Consumers struggle to enter a store to buy shoes in a store at a shopping center during Black Friday sales, in Caracas, Venezuela November 25, 2022. WILL SHOPPERS FIND BLACK FRIDAY DEALS THIS YEAR? HOW MUCH ARE SHOPPERS EXPECTED TO SPEND? Spending online during Black Friday is expected to rise 5.7% to roughly $9.6 billion, according to Adobe Analytics. Macy's CEO Jeff Gennette on Thursday said the competitive landscape has shifted to Black Friday deals prior to Black Friday.

Persons: Leonardo Fernandez Viloria, Marcus Collins, Collins, Dana Telsey, Jane Hali, Max, Lancome mascaras, Bobbi Brown concealers, Jeff Gennette, Mattel, Steve Totzke, Juveria Tabassum, Savyata Mishra, Richa Naidu, Helen Reid, Josie Kao Organizations: Black, REUTERS, Retailers, Department, Ross School of Business, University of Michigan, Labor, National Retail Federation, Telsey Advisory, Sensormatic Solutions, U.S, Adobe Analytics, Dollar, Walmart, Associates, Nordstrom, Adobe, Consumers, Deloitte, Electronics, Mastercard, Reuters, Thomson Locations: Caracas, Venezuela, U.S, Europe, Philadelphia, Panama, United States, United Kingdom, China, Bengaluru, London

☆ As Biden and Xi meet, Asian manufacturing slowdown returns to a 2020 low, led by a softer China
▼ + stars: | 2023-11-15 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

The GEP Global Supply Chain Volatility Index, produced by S&P Global and GEP, tracks supply chain orders which show rising spare supplier capacity as a result of a pullback in global demand. As President Biden meets with Chinese President Xi Jinping in San Francisco, the Asian manufacturing sector is experiencing a slowdown not seen since the 2020 peak of the Covid pandemic. The GEP index shows a depressed level of demand for raw materials, components, and commodities since manufacturing orders are down. A negative meeting would signal that firms may need to act faster to get in front of an evolving and changing U.S.-China relationship by adjusting their supply chain strategies." The NRF continues to call on the Biden Administration to restart a dialogue with China about the tariffs and ultimately remove them.

Persons: Biden, Xi Jinping, John Piatek, Piatek, Xi, Jon Gold Organizations: P, GEP's, International Monetary Fund, CNBC, Chain Survey, GEP, U.S, Biden, China, National Retail Federation, Biden Administration Locations: U.S, San Francisco, China, North America

☆ CNBC Daily Open: Moody’s downgrade won’t dent the Treasury market
▼ + stars: | 2023-11-14 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. South Korea's Kosdaq index rose around 2.2%, snapping a five-day losing streak. Hence, Biden and Xi will likely focus on "prevent[ing] a crisis," according to a political commentator. Consumer spending fellU.S. October retail sales, excluding autos and gas, fell 0.08% month on month, while core retail, which excludes restaurants, declined 0.03%, according to the new CNBC/NRF Retail Monitor.

Persons: Australia's, Biden, Xi, Joe Biden, Xi Jinping, That'll, Exxon, Morgan Stanley Organizations: CNBC, Dow Jones, NRF, Exxon, Exxon Mobil Locations: Asia, Pacific, U.S, Arkansas

Consumer prices held stable in October, bringing the annual inflation rate down to 3.2% from 3.7% a month ago as energy prices receded, the Bureau of Labor Statistics said on Tuesday. “Further evidence of disinflation inside the October inflation report,” RSM US Chief Economist Joseph Brusuelas posted on social media, noting that month-over-month inflation was flat at 3.2% and core inflation was up 0.2 percent to 4% over the same period. Although prices for a wide variety of goods and services have cooled this year, the current inflation rate is well above the 2% target set by the central bank. “Inflation expectations over the next 5 years dipped to 2.7%, slightly above the Fed’s long-run target of 2%. “We don’t think the last mile of disinflation will be particularly hard,” Goldman Chief Economist Jan Hatzius wrote in the outlook.

Persons: Joseph Brusuelas, Stocks, Matt Bush, Patrick De Haan, “, ”, Piyush Patel, Jeffrey Roach, Goldman Sachs, Jan Hatzius Organizations: of Labor Statistics, RSM, Federal, Treasury, Dow Industrial, Guggenheim Partners, CNBC, National Retail Foundation, NRF, Affinity Solutions, Wall Street, Travel, Gas, New York Federal Reserve Bank, University of Michigan’s, LPL, Investment, ” Goldman Locations: U.S

☆ Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
▼ + stars: | 2023-11-13 | by ( Steve Liesman | ) www.cnbc.com time to read: +1 min

watch nowThe consumer took a spending break ahead of the holiday season, with October retail sales, excluding autos and gas, falling by 0.08%, and core retail, which also removes restaurants, declining by 0.03%, according to the new CNBC/NRF Retail Monitor. The new Retail Monitor, debuting Monday, is a joint product of CNBC and the National Retail Federation based on data from Affinity Solutions, a leading consumer purchase insights company. The data differs from the Census Bureau's retail sales report as it is the result of actual consumer purchases, while the Census relies on survey data. The government data is frequently revised as additional survey data becomes available. The CNBC/NRF Retail Monitor is not revised as it's calculated from actual transactions during the month.

Persons: Matthew Shay, Dan Colarusso Organizations: CNBC, NRF, Retail Monitor, National Retail Federation, Affinity Solutions, Affinity, Business

☆ As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks
▼ + stars: | 2023-11-13 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Melissa Repko | CNBCIn the Harlem neighborhood of New York City, Target 's first store to open in Manhattan has permanently shut its doors. This week, Target for the first time since the surprise store closures will update investors on its sales trends and efforts to overcome a string of challenges. Some other retailers, such as Nordstrom and Walmart , have also shut stores in major cities — though they have not specifically blamed theft. A bumpy ride for TargetFor more than a year, Target has endured rocky sales and stock performance. Target cut its full-year forecast in August, after already warning investors it expected lower sales than a year ago.

Persons: Melissa Repko, John Mulligan, Paul, Target's Mulligan, Greg Melich, They've Organizations: CNBC, NRF, Target, Nordstrom, Walmart, Evercore ISI Locations: Harlem, New York City, Manhattan, New York, Minneapolis, St, Chicago, San Francisco, Seattle, Portland

Holiday retail sales are expected to increase between 3% and 4% in 2023, according to trade group the National Retail Federation. In 2022, sales jumped 5.3%, according to the NRF. Owner Kimberley Yurkiewicz said the store had strong sales in 2021 and 2022 and sales are up again so far this year. Instead of one customer spending $200, 10 customers are spending $20 each. Then she’ll restock with gift items that can sell not only during the holidays but in January and beyond.

Persons: ”, Max Rhodes, Rhodes, Barbie, Taylor Swift, Rick Haase, Owner Kimberley Yurkiewicz, “, ” Andy Wilkerson, Heather Haynie, ” Haynie, she’s, Sierra Wallis, ” Wallis, Wallis, won’t Organizations: Holiday, National Retail Federation, Owner, Blackhawk Locations: St, Paul, Minneapolis, Minnesota, Brooklyn , New York, Charlotte , North Carolina, Charlottesville, Va, Decatur , Ga

☆ Deal-hungry shoppers will squeeze holiday sales growth to pre-pandemic levels, retail group says
▼ + stars: | 2023-11-02 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Over the past decade, holiday sales have grown roughly 5% year over year on average, according to the NRF. Elevated prices are driving the reported sales growth, too. NRF's holiday forecast is not adjusted for inflation, which means the actual sales gains may not be as large as they seem. Despite the NRF's expectations for sales growth, major retailers including Target and Macy's have tempered expectations for the holidays. In the year-ago holiday season, retail sales rose 5.3% compared with 2021 and reached $936.3 billion, according to the NRF.

Persons: Jack Kleinhenz, Matt Shay, Shay, Brian Cornell, they're, Prosper Organizations: National Retail Federation, Bureau, Labor, Target, Walmart, Home Depot

☆ Retailers urge Congress to crack down on theft, as industry ramps up lobbying effort
▼ + stars: | 2023-10-26 | by ( Courtney Reagan | ) www.cnbc.com time to read: +5 min

"[Organized retail crime] has to be dealt with in a comprehensive way. The retail lobby group dubbed its event "Fight Retail Crime Day." Representatives from more than 30 retailers joined a major industry lobbying group on Capitol Hill on Thursday, as they ramped up pressure to pass a law that backers say will curb retail theft. Organized retail crime is different from shoplifting. The Combating Organized Retail Crime Act was reintroduced earlier this year.

Persons: Sen, Chuck Grassley, Matthew Shay, William Blair, Scott McBride, McBride, Dina Titus Organizations: Capitol, National Retail Federation, Retailers, Department of Homeland Security, American Eagle Outfitters, Walgreens Locations: Iowa, Washington

CNN —Target is closing nine stores in four metropolitan areas: the San Francisco Bay Area, Portland, Seattle, and New York. Here are four charts showing what retailers are facing in those areas where Target is closing stores. The six counties where Target is closing stores saw exoduses in high earners larger than the average for similar counties. Census data also shows that the six counties where Target is closing stores had a higher percentage of remote workers compared to their states as a whole. In the markets where Target is closing stores, the shortages persist.

Persons: it’s, David Johnston, Connor O’Brien, ”, O’Brien, ” O’Brien, Johnston Organizations: CNN, Coresight Research, National Retail Federation, Economic, Group, McKinsey, Department of Commerce, of, Labor Locations: San Francisco Bay Area, Portland, Seattle, New York, it’s, O’Brien

☆ Uber will now do your returns for you
▼ + stars: | 2023-10-04 | by ( Jennifer Korn | ) edition.cnn.com time to read: +2 min

New York CNN —Uber is looking to help with a much-dreaded chore: returning packages. Uber’s newest tool aimed at tackling the problem is part of Uber Connect, the company’s existing service that lets users send items for day-of local delivery. With just a tap of the button in either Uber or Uber Eats, customers can now call a courier to collect as many as five pre-paid, sealed packages to be driven to the nearest needed shipping venue, be it a post office or a location for another shipper. Packages sent via Uber must be valued at under $100 and weigh in at under 30 pounds, according to the company. All packages will be returned for a flat fee of $5, the company said, though Uber One members get a discount as part of their subscription benefits.

Persons: New York CNN —, Uber, ’ Organizations: New, New York CNN, FedEx, UPS, CNN, National Retail Federation, Uber Connect Locations: New York

☆ No current talks with Taliban, Afghanistan's Massoud says, promising guerrilla warfare
▼ + stars: | 2023-09-29 | by ( John Irish | ) www.reuters.com time to read: +3 min

Massoud, who operates from overseas, said the NRF had been forced to change tactics because it could not fight the well-equipped Taliban conventionally. Massoud dismissed any suggestion of returning to Afghanistan as part of a Taliban reintegration scheme of former officials. "Those people who left Afghanistan, they left for more than just house or a car. "If the Taliban announced that they accept elections, today we all can return because this is what we want." The most recent elections in Afghanistan were held under the U.S.-backed administration which Taliban deposed in August 2021 when Western troops withdrew.

Persons: Ahmad Massoud, Ahmad Shah Massoud, Massoud, John Irish, Michael Perry Organizations: National Resistance, of, Taliban, U.S, Western, Thomson Locations: of Afghanistan, Soviet, Paris, France, PARIS, Afghan, Afghanistan, Panjshir, Kabul, Ukraine

☆ Holiday shoppers are getting an early jump on the season, but student loan payments weigh heavily
▼ + stars: | 2023-09-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Twenty/20October is unofficial start of holiday shopping seasonThis year, half of shoppers plan to begin their holiday shopping by Halloween, according to a recent Bankrate report. Early estimates point to a strong shopping seasonWith more shoppers getting an early start on the season, holiday retail sales are likely to increase between 3.5% and 4.6% in 2023, according to Deloitte's annual forecast. "We expect healthy employment and income growth to keep the volume of sales growing for the 2023 holiday season," said Daniel Bachman, Deloitte's U.S. economic forecaster. Student loan payments could weigh on wallets"Student loan payments are another drag on the consumer," said Brett House, professor of professional practice in economics at Columbia Business School. "On the other hand, labor markets remain strong," House added.

Persons: RetailMeNot, Daniel Bachman, Matthew Shay, Jack Kleinhenz, Brett House Organizations: National Retail Federation, Columbia Business School Locations: Deloitte's U.S

☆ Retail theft isn't actually increasing much, major industry study finds
▼ + stars: | 2023-09-26 | by ( Courtney Reagan | ) www.cnbc.com time to read: +3 min

Total retail shrink grew to more than $112 billion in 2022, up from $93.9 billion the year before, according to the newest National Retail Security Survey. The metric, which accounts for various types of inventory loss including theft, damage and vendor error, generally rises as retail sales climb. External theft, which includes organized retail crime, was again reported as the largest source of shrink last year at 36.15%, but that was slightly below 37% in 2021. The NRF conducted the online survey of senior loss prevention and security executives in the retail industry. The results for 2022 include 177 retail brand respondents, which the organization said accounted for 22% of retail sales in 2022.

Persons: Duane Reade, Angela Weiss, Locker, David Johnston Organizations: Afp, Getty, Target, National Retail Federation, National Retail Security Survey, Retail Security Locations: New York City

☆ US retailers' financial losses jump as retail crime escalates - NRF
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

In 2022, inventory "shrink" as a percentage of total retail sales accounted for $112.1 billion in losses, up from $93.9 billion in 2021, according to the NRF report on Tuesday. Retailers are either being forced to close a specific store location, reduce operating hours or alter in-store product selection to deal with the spike in retail crime, the report added. Dollar Tree (DLTR.O) has said it plans to remove goods like men's underwear, an item most prone to retail theft, from its stores. Retailers are ramping up prevention methods with 34% of respondents increasing internal payroll to support risks related to retail crime and 46% increasing the use of third-party security personnel among other methods, according to NRF. The NRF survey was conducted online among senior loss prevention and security executives in the retail industry with insights from 177 retail brands.

Persons: Brendan McDermid, David Johnston, John Rainey, Ananya Mariam Rajesh, Savyata Mishra, Siddharth Cavale, Shounak Dasgupta Organizations: Black, REUTERS, National Retail Federation, U.S, Kroger, Asset Protection, Retail, Retailers, Walmart, Telsey, Thomson Locations: Brooklyn , New York, U.S, New York, San Francisco , Los Angeles, Houston, Britain, Bengaluru

New York CNN —Target is closing nine stores across four states, claiming theft and organized retail crime are creating an unsustainable business environment. “We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance,” Target said in a release. The retailer said it had added more security and implemented other anti-theft tools before deciding to close the stores. Affected employees will be able to transfer to other Target locations. Battle against theftTarget’s announcement comes on the same day that the National Retail Federation released new figures on the state of retail theft.

Persons: ” Target Organizations: New, New York CNN, Oakland, National Retail Federation Locations: New York, Harlem, New York City, Seattle, Portland, San Francisco, East Harlem, Manhattan

NEW YORK (AP) — Target will close nine stores in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers. Political Cartoons View All 1182 ImagesWhile the store closings account for just a fraction of the 1,900 stores Target operates nationwide, the move is significant. For example, the Target store in East Harlem is located in a heavily Hispanic area, and residents have few choices to buy good quality healthy foods. “Our team continues to face an unacceptable amount of retail theft and organized retail crime,” Cornell told analysts. More than two-thirds of respondents said they were seeing even more violence and aggression from perpetrators of organized retail crime compared with a year ago.

Persons: Target, ”, Brian Cornell, Cornell, ” Cornell, Anne Organizations: Target, University of Washington, Month, Pride Month, Dick's Sporting Goods, National Retail Federation, ACT, U.S . Department of Homeland, Security Investigations Locations: East Harlem , New York, San Francisco, Portland , Oregon, Seattle, East Harlem, Folsom

☆ How Tractor Supply managed to shrink theft rates when they're surging almost everywhere else
▼ + stars: | 2023-09-07 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Tractor Supply Co.'s CEO says retail crime is a major problem, but his company is bucking the trend. He revealed four factors that have helped Tractor Supply see lower rates of inventory shrink this year. AdvertisementAdvertisementIf it costs a lot at Tractor Supply, it's probably also heavy. "You basically get greeted and you're checked out right in the front of our store," Lawton said. Hard-to-steal merchandiseOf course, the types of products that Tractor Supply sells — livestock feed, gun safes, truck boxes, etc.

Persons: Jahi, Hal Lawton, Lawton, it's, Dominick Reuter, Jason Aldean Organizations: Target, Tractor Supply, Service, Dick's Sporting Goods, National Retail Federation, Giant Food, Washington, Getty, Tractor, Home, eBay, Retail Industry, Association, Supply, Costco Locations: Wall, Silicon, Macy's

☆ Back-to-school US spending set to hit record high in 2023
▼ + stars: | 2023-09-01 | by ( Kailyn Rhone | ) www.reuters.com time to read: +4 min

The National Retail Federation, a retail trade group, predicts spending will surpass $135 billion, an increase of more than $24 billion from last year. “The larger the school, the more they are needed,” said Leslie Sparacello, a school superintendent in Austin, Texas, whose former school required clear backpacks. Clear backpacks available on Amazon.com's (AMZN.O) marketplace are priced starting at $9.97, according to its website. A spokesperson said Walmart has recorded an increase in demand for clear backpacks in the last two back-to-school seasons, specifically in Texas, Florida and Mississipi. The company has a separate section for clear backpacks under its backpack category starting at $4.89.

Persons: Mike Blake, jean, ”, Chip West, Melissa Cohen, Polo Ralph Lauren, Nikki Mcneri, Mcneri, Leslie Sparacello, Calvin McDonald, West, Matthew Bilunas, Josie Kao Organizations: REUTERS, National Retail Federation, MBC Consulting, Walmart, Kailyn Rhone, Thomson Locations: Encinitas , California, U.S, Georgia, jorts, Austin , Texas, Canada, Texas , Florida

☆ At least 26 killed as railway bridge collapses in India
▼ + stars: | 2023-08-23 | by ( Zarir Hussain | ) www.reuters.com time to read: +2 min

GUWAHATI, India, Aug 23 (Reuters) - A railway bridge being built in India collapsed on Wednesday killing at least 26 workers and injuring two, police said, as the state-run railway authority opened an investigation. The accident happened in Sairang town in the northeastern state of Mizoram, its chief minister, Zoramthanga, said on messaging platform X, formerly known as Twitter. Media reported that up to 40 workers were at the site when the bridge collapsed but police said 28 workers were present. The Northeast Frontier Railway (NFR) said in a statement on the messaging platform X, formerly known as Twitter, that the mishap occurred during work on the Bhairbi-Sairang New Line Railway Project. In October last year, a colonial-era suspension bridge collapsed in the western state of Gujarat killing 135 people.

Persons: Zoramthanga, NRF, Narendra Modi, Sakshi Dayal, Andrew Heavens, Michael Perry Organizations: Twitter, Media, Northeast Frontier Railway, Thomson Locations: GUWAHATI, India, Sairang, Mizoram, India's, Gujarat

☆ Credit card spending growth is slowing — it’s 'inevitable,' expert says
▼ + stars: | 2023-08-23 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

In the last year, credit card debt spiked to a record high, while the personal savings rate fell. But revolving debt, which mostly includes credit card balances, contracted in June, according to the Fed's G.19 consumer credit report released earlier this month. After a strong start to the year, credit and debit card spending started to slow in the spring, Bank of America's most recent consumer checkpoint found. Already, the average credit card rate is more than 20%, an all-time high. 'A consumer spending slowdown is inevitable'

Persons: Jack Kleinhenz, Kleinhenz, Matt Shay, Shay Organizations: National Retail Federation, Federal Reserve Bank of New, Bank of, Amazon Locations: Federal Reserve Bank of New York

New York CNN —Dick’s Sporting Goods warned Tuesday that retail theft is damaging its business and would lead to lower annual profits. Retail “shrink” is a term that refers to merchandise that goes missing due to theft, fraud, damage, accounting errors or other reasons. The retailer reported a large number of incidents of shoplifting and organized retail crime in its stores nationwide. Need and opportunity become forceful catalysts for driving up incidents of retail crime, experts said. According to the National Retail Federation, the industry’s biggest trade group, large-scale store theft is becoming a bigger part of retail shrink.

Persons: Lauren Hobart, can’t, ”, Read Hayes, criminologist, Gucci, – Organizations: New, New York CNN —, Goods, Walgreens, University of Florida, Prevention Research Council, Walmart, Target, National Retail Federation, eBay, Facebook, Westfield, Westfield Topanga Shopping, Nordstrom, FBI, New York Police Department, New York State, Police Locations: New York, Pittsburgh, Los Angeles, Chicago, Westfield Topanga, Burbank , Glendale, Beverly Hills, Santa Monica, New York City

Search resuls for: "NRF"

25 mentions found