The National Retail Federation (NRF) is publicly criticizing the Senate for blocking consideration of the Bipartisan Congressional Trade Priorities and Accountability Act, which would renew Trade Promotion Authority.
Belgian grocery retailer Delhaize Group and Dutch grocery retailer Ahold N.V. have confirmed they are engaged in preliminary discussions about a possible merger that could create one of the largest supermarket operators in the U.S.
The National Retail Federation has released an op-ed article by association president and CEO Matthew Shay strongly urging Congress to pass Trade Promotion Authority (TPA) legislation. Congress is expected to debate the bill this week.
Lowe's Canada has reached an agreement to acquire the leases of 13 former Target Canada locations and to purchase Target's distribution center in Milton, Ontario, for a total purchase price of about $125 million.