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Press Releases Wednesday, April 4, 2001   
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NRF`s New IT Conference, NRFtech, Explores Information Technology as a Tool for Business Success

WASHINGTON, April 3 -- New technologies may have forever changed the retail landscape, but the core components of retail success remain. Success in today`s retail environment is driven by the strategic use of technology to streamline operations, reduce costs and create efficiencies through multiple channels, systems and business functions.

With this in mind, the National Retail Federation today announced that it will launch a new conference, NRFtech, that employs a synchronized approach to educational programming. The conference schedule facilitates a clear path from education to product demonstrations within a given functional area, to networking opportunities with decision-makers and suppliers.

NRFtech is dedicated to helping retail CIOs and other senior executives identify and evaluate technology solutions that will contribute new efficiencies to core business processes and help retailers get closer to their customers.

Retailers will gather for NRFtech October 14-17, 2001 at the Ernest Morial Convention Center in New Orleans, Louisiana. "I`m looking forward to the opportunity of hearing about the technologies that will impact my business in the next 12-18 months, and trying them out in NRFtech`s interactive format," said Paul Singer, SVP and CIO, Target Corporation. "NRFtech should be a high-energy show with specific educational takeaways on increasing revenues and customer satisfaction."

NRFtech will be divided into 5 distinct tracks,
* Retail, the Business -- a how-to track to educate IT people and vendors who are new to retail; sessions will cover core functions such as inventory, merchandising, accounting, etc.
* Infrastructure / Architecture -- addressing issues related to
telecommunications, connectivity, wireless, standards, among others.
* Managing the IT Function -- aimed at the CIO; track to cover topics
such as retention, project management, outsourcing, ROI.
* Technology Solutions -- this track will take a look at new technologies being marketed to retailers, such as Internet-enabled point of sale applications, location-based marketing/GPS, etc.
* The Future -- will explore interesting new alpha or beta developments from leading labs.

NRF`s approach to IT education is drawing praise from leading retail vendors. "Retek is dedicated to NRF and its focus on the retail industry," said Tom Redd, Vice President, Retek, Inc. "We`re excited about the confluence of knowledge and technology facets in this conference and know that they will provide more value for the retailers who attend. We are confident that this will be a great event because it addresses those elements of retail that will never leave: the overall retail technology platform, and the power of people."

The National Retail Federation (NRF) is the world`s largest retail trade association with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet and independent stores. NRF members represent an industry that encompasses more than 1.4 million U.S. retail establishments, employs more than 20 million people -- about 1 in 5 American workers -- and registered 2000 sales of $3.2 trillion. NRF`s international members operate stores in more than 50 nations. In its role as the retail industry`s umbrella group, NRF also represents 32 national and 50 state associations in the U.S. as well as 36 international associations representing retailers abroad.

For more information about NRF and NRFtech, visit the web site at http://www.nrf.com . CONTACT: Pamela Rucker, 202-783-7971, or ruckerp@nrf.com, orSarah Scheuer, 202-783-7971, or scheuers@nrf.com, both of the National Retail Federation

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