Major Retail Trade Groups Nix Merger

National Retail Federation and Retail Industry Leaders Association won't bring merger proposal to boards

Two of the nation's largest retail trade groups said yesterday that they have closed merger talks.

 

The National Retail Federation and the Retail Industry Leaders Association, which represent the country's biggest chain stores, were scheduled to present a merger proposal to members this summer. However, board members have decided not to move forward.

 

“Following a deliberative process, RILA and NRF have ended discussions aimed at merging the two organizations. NRF and RILA will devote all resources to continuing the work they are each doing to address the serious issues that America’s consumers and retailers are facing in today’s economic environment,” the two boards of directors said in a joint statement.

 

Arlington, Va.-based RILA has an estimated 200 members that include retail suppliers, service providers and 60 mass chains. It promotes consumer choice and economic freedom through public policy.

Washington, D.C.-based NRF is the world's largest retail trade association, with approximately 2,500 members that include national chains, mom-and-pop shops, restaurants and online retailers. NRF's mission is to advance and protect the interests of the retail industry.

 

(Source: Journal of Commerce)