Invariant has signed on the National Retail Federation as the world’s largest retail association gears up for what it hopes to be a record holiday shopping season.
The DC shop represents NRF on COVID-19 restrictions/mandates, supply chain issues, taxes and labor matters.
It has Mary Beth Stanton, aide to former Senator Herb Kohl (whose family owned the Kohl department store chain); Nicole Venable (staffer to Reps. Lee Hamlton and William Jefferson); and Noah Marine (legislative director to Rep. Ed Perlumtter) on the NRF case.
The NRF forecasts holiday sales will reach an all-time high in the range of $843.4B to $859B, up 8.5 percent to 10.5 percent from a year ago.
NRF Chief economist Jack Kleinhenz noted that while pandemic supply chain disruptions have caused shortages of merchandise, retailers could enjoy a “stellar holiday sales season,” if they can keep their shelves stocked.
He also warned that the emergence of a new COVID-19 variant could potentially sidetrack consumer spending.