BaFin approves the stock exchange listing for METRO Wholesale & Food Specialist AG

Exchange listing of the shares of new METRO expected by Mid-July 2017 Current METRO AG shares to become CECONOMY shares Listing of the stock in the Prime Standard of the Frankfurt Stock Exchange intended Düsseldorf, 2017-Jun-27 — /EPR Retail News/ — The Federal Financial Supervisory Authority (BaFin) has approved the stock exchange listing for METRO […]

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Kroger stores in the Atlanta ratifies new labor agreements with UFCW Local 1996

ATLANTA, 2017-Jun-19 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) Atlanta division associates working at Kroger stores in the Atlanta metro and surrounding area have ratified new labor agreements with UFCW Local 1996. “We are pleased to reach agreements that are good for our associates. These agreements provide good wage increases, affordable health […]

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Overstock.com supports H.R. 2887, The No Regulation Without Representation Act

Company Urges Legislators to Resolve Cross Boarder State Tax Regulation SALT LAKE CITY, 2017-Jun-15 — /EPR Retail News/ — Overstock.com, Inc. (NASDAQ:OSTK) spoke in favor of H.R. 2887, The No Regulation Without Representation Act, introduced by Rep. Sensenbrenner (R-WI) today (June 13, 2017 ). The company added this bill to the list of “reasonable” federal legislation […]

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NRF condemns House Ways and Means proposal to phase in Border Adjustment Tax over five years

Brady Suggestion Remains a ‘Massive Middle Class Tax Hike’ WASHINGTON, 2017-Jun-14 — /EPR Retail News/ — The National Retail Federation today (June 13, 2017) condemned a proposal by House Ways and Means Chairman Kevin Brady to phase in a Border Adjustment Tax over five years. “Phasing in a job-killing plan like the Border Adjustment Tax […]

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RILA announces support for the Financial CHOICE Act

Arlington , VA, 2017-Jun-09 — /EPR Retail News/ — Today ( 6/8/2017), the Retail Industry Leaders Association (RILA) announced its support for the Financial CHOICE Act, urging lawmakers to take an important first step in addressing regulatory reform in the financial services sector. Austen Jensen, vice president for government affairs, issued the following statement regarding […]

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Signet Jewelers extends its “Conflict-Free” reporting under Section 1502 for four consecutive years

Signet Jewelers extends its “Conflict-Free” reporting under Section 1502 for four consecutive years   HAMILTON, Bermuda, 2017-Jun-02 — /EPR Retail News/ — Signet Jewelers Limited (“Signet”) (NYSE:SIG), the world’s largest retailer of diamond jewelry, recently submitted its fourth consecutive Conflict Minerals Report to the SEC in accordance with Section 1502 of the Dodd-Frank Act. Signet was […]

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The Florida Retail Federation: Disaster Preparedness Sales Tax Holiday, June 2-4

With hurricane season almost upon us, now is the time for Floridians to stock up on important supplies to help keep them prepared and safe following a natural disaster TALLAHASSEE, FL, 2017-May-31 — /EPR Retail News/ — The Florida Retail Federation (FRF), the state’s premier trade association celebrating its 80th year of supporting Florida’s retail […]

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Food Marketing Institute (FMI): no room for border adjustments in tax reform

ARLINGTON, VA, 2017-May-25 — /EPR Retail News/ — Food Marketing Institute (FMI) submitted a statement for the record to the U.S. House of Representatives Committee on Ways and Means hearing on Increasing U.S. Competitiveness and Preventing American Jobs from Moving Overseas: How Border Adjustment and Other Policies Will Boost Jobs, Investment, and Growth in the […]

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International Trade Commission issued final ruling in favor of Diebold Nixdorf in its patent infringement case against Nautilus Hyosung

International Trade Commission prohibits import of Hyosung ATMs with infringing technology NORTH CANTON, Ohio, 2017-May-25 — /EPR Retail News/ — Diebold Nixdorf, Incorporated (NYSE: DBD) today (May 23, 2017) announced that the International Trade Commission (ITC) has issued a final ruling in favor of Diebold Nixdorf in its patent infringement case against Korea-based Nautilus Hyosung. […]

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NRF’s David French: The border tax proposal would cause the tax burden on retailers to skyrocket

WASHINGTON, 2017-May-24 — /EPR Retail News/ — Retailers would “have no choice” but to pass the higher costs on to consumers if Congress passes a proposed $1 trillion border adjustment tax as part of tax reform, the National Retail Federation said today (May 23, 2017). “The border tax proposal would cause the tax burden on […]

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RILA’s Brian Dodge: The new border adjustable tax is a dangerous and untested proposal built upon deeply flawed economics

Dollar Will Not Adjust As Backers Claim, Even In Long-Term, Hurting Consumers And Importers Arlington , VA, 2017-May-24 — /EPR Retail News/ — An economic report released today (5/22/2017) from the international macroeconomics firm Capital Economics finds the economic theory behind the border adjustment tax to be a “gross simplification” of today’s currency markets. The report […]

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RILA’s Jennifer Safavian: The border adjustment tax would jeopardize 42 million jobs retailers currently support

A Border Adjustable Tax Will Be ‘Uniformly Devastating’ To Retailers And Consumers Arlington , VA, 2017-May-24 — /EPR Retail News/ — ​Today (5/23/2017), Retail Industry Leaders Association Executive Vice President for Government Affairs Jennifer Safavian issued the following statement as the House Ways and Means Committee began its hearing examining the economic and consumer impact […]

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NRF urges Congress to focus on updating the existing federal income tax system rather than moving toward a consumption tax

WASHINGTON, 2017-May-19 — /EPR Retail News/ — The National Retail Federation today (May 18, 2017) urged Congress to focus on updating the existing federal income tax system through comprehensive reform rather than moving toward a consumption tax. Under either approach, Congress should reject a proposed $1 trillion border adjustment tax that would drive up prices […]

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RILA EVP for Government Affairs Jennifer Safavian comments on retail community’s support for comprehensive tax reform

Arlington , VA, 2017-May-19 — /EPR Retail News/ — Jennifer Safavian, RILA Executive Vice President for Government Affairs, issued the following statement regarding the retail community’s support for comprehensive tax reform following today’s House Ways and Means Committee hearing “How Tax Reform Will Grow Our Economy and Create Jobs.” “Retailers have a significant impact on […]

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RILA welcomes Administration’s notice to Congress of its intent to renegotiate NAFTA

Arlington , VA, 2017-May-19 — /EPR Retail News/ — Today (5/18/2017), RILA Vice President of International Trade Hun Quach, issued the following statement regarding the Administration’s notice to Congress of its intent to renegotiate NAFTA: “RILA welcomes the Administration’s announcement to open talks with Mexico and Canada — vital trading partners for the retail industry. […]

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NGA applauds House Ways and Means Committee’s hearing on tax reform

ARLINGTON, VA, 2017-May-19 — /EPR Retail News/ — Today (May 18, 2017), the National Grocers Association (NGA), the trade association representing the independent supermarket industry, released the following statement on the House Ways and Means Committee’s hearing on tax reform: “We applaud the House for taking an important first step towards a once-in-a-generation tax reform […]

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New RILA ad campaign calls on Congress to protect debit swipe fee reform

RILA Ads Tell Congress To Hold Wall Street Accountable And Protect Reform Vital To Industry Arlington , VA, 2017-May-11 — /EPR Retail News/ — Today (5/9/2017), the Retail Industry Leaders Association (RILA), the trade association for America’s largest retailers, launched a national ad campaign urging Congress to protect debit swipe fee reform as the House […]

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John Lewis Partnership announces provision of £36m to cover potential costs of complying with National Minimum Wage Regulations

London, 2017-May-11 — /EPR Retail News/ — In its Annual Report and Accounts published today (9 May 2017), the John Lewis Partnership announces it has made a provision of £36m to cover the potential costs of complying with the National Minimum Wage (NMW) Regulations. While the Partnership’s contractual hourly rates of pay have never been […]

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Florida Retail Federation celebrates major accomplishments as 2017 Legislative Session comes to a close

TALLAHASSEE, FL, 2017-May-10 — /EPR Retail News/ — As the 2017 Legislative Session comes to a close, three days later than expected, the Florida Retail Federation (FRF) is celebrating several major accomplishments for retailers including the passage of a reduction in the business rent tax and 3-day sales tax holidays for back to school and disaster […]

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Lexos patent lawsuit against ChannelAdvisor’s customer Costco Wholesale dismissed

Research Triangle Park, NC, 2017-May-10 — /EPR Retail News/ — ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and branded manufacturers to increase global sales, today (May 8, 2017) announced the patent lawsuit filed by Lexos Media IP, LLC (“Lexos”) against ChannelAdvisor’s customer Costco Wholesale Corporation has been dismissed. After a […]

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ARA urges Government to make cuts to concurrent spending instead of slugging consumers with a Medicare levy tax hike

ARA urges Government to make cuts to concurrent spending instead of slugging consumers with a Medicare levy tax hike   Melbourne, Australia, 2017-May-10 — /EPR Retail News/ — The Australian Retailers Association (ARA) believe this year’s Federal Budget brings some relief for retailers through reducing Government debt, but at the undesirable cost of increasing taxes […]

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Retail Industry Hopes for Tax Reforms, Infrastructure Investment, and Skills Funding

Melbourne, Australia, 2017-May-08 — /EPR Retail News/ — The Australian Retailers Association (ARA) and its members are hoping next week’s Federal Budget announcement will bring relief to the industry through tax reform, smart infrastructure investment and additional skills funding. Russell Zimmerman, Executive Director of the ARA said the retail industry have been looking to both […]

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BRC Publishes Recommendations For Next Government That Promotes Interests of Retail Industry Consumers

London, 2017-May-08 — /EPR Retail News/ — The British Retail Consortium (BRC) has today (May 04, 2017) published its recommendations for the next Government. ‘Pioneers’ sets out the retail industry’s vision for a plan that promotes the interests of consumers in the Brexit negotiations and supports a pioneering, responsible and vibrant industry for the future. HELEN […]

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BRC And Other Trade Bodies Request For Fundamental Reform of Business Rates System

London, 2017-May-08 — /EPR Retail News/ — The BRC, along with a number of other trade bodies, are co-signatories to a letter sent to the three political parties to make the case for fundamental reform of the business rates system. The challenges businesses face as the UK negotiates its future relationship with Europe has made reducing […]

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House Action To Repeal Obamacare Welcomed By Retailers

WASHINGTON, 2017-May-08 — /EPR Retail News/ — The National Retail Federation today (May 4, 2017) applauded the House for passing the American Health Care Act, legislation that would repeal the Affordable Care Act. “Nothing in health care is ever easy or simple, but the House has shown its commitment to closing the book on Obamacare,” […]

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NRF calls on the House Financial Services Committee to reject efforts to repeal debit card swipe fee reform

WASHINGTON, 2017-May-03 — /EPR Retail News/ — The National Retail Federation today (May 2, 2017) called on the House Financial Services Committee to reject efforts to repeal debit card swipe fee reform as it considers approval of the Financial Choice Act. “Debit card swipe fee reform has brought competition and transparency to the debit card […]

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Florida Retail Federation (FRF) concerned for the Disaster Preparedness Sales Tax Holiday omission

TALLAHASSEE, FL, 2017-May-03 — /EPR Retail News/ — Below is a quote from FRF President & CEO R. Scott Shalley regarding the legislature’s recent decision NOT to fund the Disaster Preparedness Sales Tax Holiday: “The Florida Retail Federation (FRF) applauds Legislative leaders for their work on the 2017 tax package. We are, however, concerned to […]

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FMI comments on the House Financial Services Committee consideration of The Financial CHOICE Act of 2017

ARLINGTON, VA, 2017-May-03 — /EPR Retail News/ — Food Marketing Institute (FMI) President and CEO Leslie G. Sarasin issued the following statement regarding the House Financial Services Committee consideration of The Financial CHOICE Act of 2017 (H.R. 10). “H.R. 10 allows the country’s largest banks to take $10 billion a year out of the hands of Main Street grocers […]

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NGA releases statement after OMB directed FDA to re-examine the menu labeling regulation

Arlington, VA, 2017-May-02 — /EPR Retail News/ — Greg Ferrara, senior vice president of government relations and public affairs at the National Grocers Association (NGA), today (May 1, 2017) released the following statement after the Office of Management and Budget (OMB) directed the Food and Drug Administration (FDA) to re-examine the menu labeling regulation that had […]

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Australian Retailers Association opposes delay in implementing GST to low-value imports

Wellington Parade, East Melbourne, 2017-May-01 — /EPR Retail News/ —The Australian Retailers Association (ARA) opposes any delay in implementing GST to low-value imports and strongly supports the Government in closing the Low Value Threshold (LVT) loophole for the purchase of offshore tangible goods under $1000. Executive Director of the ARA, Russell Zimmerman said any delay […]

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