NRF, RILA End Merger Discussions

The National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) today announced that the two organizations have ended merger discussions.

"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," said the two boards of directors in a joint statement.

Earlier this week, NRF President and CEO Tracy Mullin shared details about the end of merger discussions with NRF members and the retail community. You can read the open letter here on the NRF homepage.

The Retail Industry Leaders Association (RILA) promotes consumer choice and economic freedom through public policy and industry operational excellence. RILA members include the largest and most successful companies in the retail industry. RILA provides its members with unique educational forums, effective public policy advocacy, and advancement of the retail industry.

The National Retail Federation 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, independent stores, chain restaurants, drug stores and grocery stores as well as the industry's key trading partners of retail goods and services. NRF's mission is to advance and protect the interests of the retail industry and to help retailers achieve excellence in all areas of their business.

SOURCE: National Retail Federation (NRF)