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The National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) said yesterday that the two organizations have discontinued merger discussions.
“Following a deliberative process, RILA and NRF have ended discussions aimed at merging the two organizations,” the boards of directors of the two trade organizations said in a statement. “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.”
The trade organizations offered no explanation for the end of the talks beyond the statement.
RILA promotes consumer choice and economic freedom through public policy and industry operational excellence, while the NRF’s membership 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.