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Legislative, Regulatory & Legal

  • RILA, merchant groups express cybersecurity concerns

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) and a group of merchant associations have sent a letter on the state of cybersecurity in the U.S. and how the payments system works in a letter to the Credit Union National Association (CUNA) and the National Association of Federal Credit Unions (NAFCU). The letter dispels what the merchant groups say are many misconceptions the credit unions have been driving regarding recent cyberattacks and the response by retailers and financial institutions. 

  • Voting extended in Family Dollar deal

    Dollar General has extended the deadline for Family Dollar shareholders to approve a buyout deal while it continues to recommend a “no” vote on a competing proposal from Dollar Tree.

  • Dollar General extends tender offer to Family Dollar for a second time

    Goodlettsville, Tenn. -- Dollar General Corp extended its $80-a-share tender offer to acquire rival Family Dollar Stores Inc. from Oct. 31, 2014, to Dec. 31, 2014, unless further extended. It is the second time Dollar General has extended its offer.     About 4 million shares, or some 3.6% of Family Dollar's total share capital of about 114 million, had been validly tendered into the offer as of Oct. 30, Dollar General said in a statement.  

  • Commentary: Chip-and-PIN Increases Cybersecurity

    By Sandy Kennedy, president of RILA
   (Editor’s note: The president of the Retail Industry Leaders Association, Sandy Kennedy, wrote the following op-ed in The Hill, discussing why chip-and-PIN is one important layer of protection retailers, banks and the government can provide consumers.)  

  • NRF and others urge quick resolution to labor negotions on West Coast ports

    New York --A group of 104 national, state and local organizations--representing farmers, manufacturers, retailers, transportation providers and others--signed a letter urging the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) “to quickly conclude a new labor agreement...to allay growing concerns of thousands of businesses who rely on West Coast ports for orderly and timely supply chain operations.”

  • Family Dollar sets Oct. 30 date for Dollar Tree vote

    Matthews, N.C. -- Family Dollar Stores Inc. has set Oct. 30., 2014 as the date for stockholders to vote on a proposed merger agreement with Dollar Tree Inc. Family Dollar has not yet set the time or location of the vote.  

  • Report: Sears clerk steals $3.7 million in merchandise

    Hoffman Estates, Ill. –- An inventory clerk at a Sears Holding Corp. distribution center in Logan Township, N.J., has reportedly been arrested for stealing merchandise worth $3.7 million in retail value and selling it for both cash and bartered services to a network of individuals in the tri-state area. According to the New Jersey Star-Ledger, following an investigation by Sears loss prevention officials and local and county police, Kim Watson, 32, was arrested on Friday, Oct. 17.  

  • Obama signs order supporting move to EMV; American Express offers program to boost adoption

    Washington -- As part of an executive order unveiled on Friday, President Obama set a new policy that requires newly issued and existing government credit and debit cards to be enabled with chip and personal identification number (PIN) technology.  
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