National Retail Federation Welcomes Veto of the Large Retail Accountability Act
By Mel Fabrikant Thursday, September 12, 2013, 03:28 PM EDT
The National Retail Federation (NRF) today issued the following statement from Senior Vice President for Government Relations David French on the announcement that District of Columbia Mayor Vincent C. Gray’s vetoed the Large Retailer Accountability Act, which would have set an arbitrarily-high wage scale for select national retailers:
“As the world’s largest retail trade association, which represents businesses and employers both large and small, on-line and on Main Street, we thank Mayor Gray for his leadership on this important issue. With a stroke of his pen, the Mayor brought power back to D.C.’s ‘Open for Business’ sign.
“The Mayor recognizes the positive role that retail plays in economic development, and retailers’ unmatched ability to improve communities and provide desperately-needed jobs and careers. His veto is a testament to the commitment he has to DC residents, especially young people.
“The retail industry will continue to talk about its positive contributions to the District of Columbia – one in ten D.C. jobs is supported by retail – and demonstrate retail’s economic and employment importance to the City Council and the Mayor.
“Despite the narrow agenda pushed by special interests that motivated this legislation, retailers are focused on creating jobs and opportunities, and are grateful to the Mayor for recognizing this.”
As the world’s largest retail trade association and the voice of retail worldwide, NRF represents retailers of all types and sizes, including chain restaurants and industry partners, from the United States and more than 45 countries abroad. Retailers operate more than 3.6 million U.S. establishments that support one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com