Home / Knowledge / News / RILA and NRF agree to merge
RILA and NRF agree to merge
30
Apr '09
The National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) announced that the executive committees of both associations have unanimously agreed in principle to a merger that will create a single trade association representing retail interests in the nation's capital.

The new organization will provide enhanced value to both RILA and NRF's members and help to ensure that the retail industry speaks with one voice to advance the industry and its more than 15 million workers.

“This is an historic time for our industry. The challenges and opportunities before our members are unprecedented. Now is the right time to bring these associations together,” said RILA Chairman, Robert A. Niblock, Chairman & Chief Executive Officer of Lowe's Companies, Inc. and NRF Chairman Myron E. (Mike) Ullman, III, Chairman and CEO of J.C. Penney Company, Inc. in a joint statement.

According to Niblock and Ullman, in addition to enhancing member value, the new (and as yet unnamed) association will accrue substantial benefits to all members collectively, small and large, including:

- A unified and stronger voice on policy, communications, and public affairs issues in Washington, DC
- A host of exciting member events and conferences open to the combined membership of NRF and RILA and, including NRF's “Big Show” and RILA's annual Logistics Conference scheduled for January and February, 2010;
- Focused educational offerings and operational services for independent retailers
- A single point of integration and dialogue with state retail associations and business groups in state capitals across the United States; and
- A fully-integrated staff.
- Completion of the merger requires that both NRF and RILA submit to a thorough due diligence process. The details of the merger are being developed by representatives from RILA and NRF. Both associations' boards of directors must recommend the merger, and both memberships must approve it.

Both RILA and NRF expect the process to be completed by this summer.

National Retail Federation

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search