“As we head into the holiday shopping season, retailers and consumers need stability and certainty from policymakers in Washington and assurance that the economy will not implode due to their actions or more important, lack thereof. This new norm of legislating from crisis to crisis is no way to govern.
“Our economic recovery is retail-led and consumer-driven, and political leaders on both ends of Pennsylvania Avenue need to stop undermining consumer confidence with partisan posturing. When consumers cut back their spending, it threatens jobs in every industry. If it’s bad for retail, it’s bad for the economy, and ultimately the biggest losers are American taxpayers.
“Today’s decision will provide some breathing room for legislators to negotiate and compromise, but it is not a solution to our long-term economic or fiscal challenges.”
As the world’s largest retail trade association and the voice of retail worldwide, NRF represents retailers of all types and sizes, including chain restaurants and industry partners, from the United States and more than 45 countries abroad. Retailers operate more than 3.6 million U.S. establishments that support one in four U.S. jobs – 42 million working Americans.
National Retail Federation
Apparel/Garments | On 27th Jun 2017
Vietnam's Ho Chi Minh City will build large centres for designing...
Textiles | On 27th Jun 2017
Unitin, a trademark of Industrias Morera SA and a leading textile...
‘Indian footwear market is nascent and largely a trend follower’
Everflow Petrofils Ltd
‘An innovative technology which India needs desperately is the...
Bridalwear is not about reds and whites anymore
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...
The Indian market has huge potential in technical textiles, and by far,...
Yash P. Kotak
Bombay Hemp Company
One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...
"We should not compare India and the West. There are things we do that...
Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...