National Retail Federation (NRF)

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Definition of 'National Retail Federation (NRF)'

The National Retail Federation (NRF) is the world's largest retail trade association. Headquartered in Washington, D.C., the NRF represents retailers of all sizes, including department stores, specialty stores, independent retailers, chain restaurants, e-commerce retailers, and more. The NRF's mission is to "promote, protect, and advance the interests of the retail industry."

The NRF has a membership of more than 1.5 million retailers from the United States and more than 90 countries. The NRF's members account for more than 95% of all retail sales in the United States.

The NRF provides its members with a variety of services, including:

* Advocacy: The NRF lobbies on behalf of its members on issues such as taxes, trade, and labor.
* Education: The NRF offers a variety of educational programs for its members, including workshops, webinars, and conferences.
* Research: The NRF conducts research on a variety of retail topics, including consumer spending, e-commerce, and retail technology.
* Networking: The NRF provides its members with opportunities to network with each other and with industry experts.

The NRF also hosts a number of annual events, including the National Retail Federation Annual Convention and Expo, the NRF Big Show, and the NRF Retail Technology Conference.

The NRF is a valuable resource for retailers of all sizes. The NRF's advocacy, education, research, and networking programs help retailers stay informed about the latest industry trends and challenges. The NRF also provides its members with access to a variety of resources and services that can help them improve their businesses.

The NRF is a non-profit organization that is funded by its members. The NRF's annual dues are based on a retailer's annual sales.

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