Feb08
A Senate committee last week voted to confirm a prominent labor union attorney as a member of the National Labor Relations Board despite concerns from NRF and others that he might attempt to implement key provisions of the controversial Employee Free Choice Act union organizing bill administratively rather than waiting for Congress to decide whether to [...]
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Posted in: Public Policy Tagged AFL-CIO, card check, Coalition for a Democratic Workplace, congress, Craig Becker, EFCA, Employee Free Choice Act, Harry Reid, Johnny Isakson, labor relations, National Labor Relations Board, National Retail Federation, NLRB, nrf, Scott Brown, SEIU, Senate Health Education Labor and Pensions Committee, Service Employees Interational Union, Steve Pfister, Tom Harkin, union, union organizing, unionization |
Jan05
The New York Times today did an excellent job of explaining the complicated issue of credit and debit card interchange fees. The Times focused on debit cards in a Page One story titled How Visa, Using Card Fees, Dominates a Market, then addressed interchange more broadly in a video on its web site titled Visa [...]
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Posted in: Finance | Public Policy | Video Tagged congress, credit card interchange, credit cards, debit cards, Government Accountability Office, interchange, mastercard, National Retail Federation, nrf, retail, retailers, swipe fees, visa |
Dec14
A Senate committee last week approved a blanket ban on the import and shipment of pythons, rejecting an NRF request to narrow the restriction and allow pet stores to continue selling smaller varieties of the snake that pose little threat.
“U.S. retailers of pets and pet products support improvements in the regulatory regime to control the [...]
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Posted in: Public Policy Tagged African Rock Python, ball python, Burmese Python, committee, Lacey Act, pet stores, pythons, Sen. Bill Nelson, Senate, Senate Environment and Public Works Committee, snakes |
Dec10
NRF Senior Vice President and General Counsel Mallory Duncan tells CNBC that this week’s $1.1 billion final payout from retailers’ lawsuit over Visa and MasterCard debit card practices “could not have come at a better time than Christmas” for merchants strained by the current economy.
Read more about the lawsuit settlement.
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Dec07
More than half a million retailers should begin receiving checks totaling over $1 billion this week as the result of a federal judge’s approval of an early payout of funds remaining from the 2003 settlement of a lawsuit brought by NRF and others against Visa and MasterCard’s debit card practices.
The funds will give many retailers [...]
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Dec02
NRF is asking the Federal Reserve to reconsider proposed new rules that threaten retailers’ ability to offer customers instant credit.
“The proposed rule would curtail or eliminate many routine credit granting practices that are safe, valued and desired by both retailers and our customers,” NRF Senior Vice President and General Counsel Mallory Duncan said. “The effect [...]
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Nov09
In a major victory for the retail industry, President Obama has signed legislation that will let merchants and other businesses struggling to survive the recession claim more than $10 billion in tax refunds that could help avoid store closings and layoffs.
“This legislation will provide retailers with an important source of capital to finance their operations [...]
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Posted in: Public Policy Tagged H.R. 3548, Harry Reid, Kevin Brady, Max Baucus, Nancy Pelosi, NOL carryback, Olympia Snowe, Patrick Tiberi, Richard Neal, Select Revenue Measures Subcommittee, Unemployment Compensation Extension Act of 2009 |
Nov02
NRF will take senior-level executives from major retail companies to Capitol Hill this week to meet with lawmakers on proposed new rules that could potentially put an end to retailers’ instant credit operations.
Members of the NRF Payments Systems Task Force and Credit Executives Committee will arrive in Washington today and are scheduled to spend Tuesday [...]
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Oct26
In a move that could potentially bring billions of dollars to cash-strapped retailers and other industries, Senate Majority Leader Harry Reid and Finance Committee Chairman Max Baucus are crafting an amendment that would add an expanded operating loss “carryback” provision to unemployment insurance legislation scheduled to be considered this week.
The amendment is expected to give [...]
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Oct19
Thousands of retailers struggling to survive the current recession could see a welcome influx of cash by Christmas if a federal judge approves a request to distribute more than $1 billion remaining from the six-year-old settlement of a lawsuit against Visa and MasterCard debit card practices.
The class-action lawsuit, brought by NRF and about 20 of [...]
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