NRF, RILA End Merger Discussions
The National Retail Federation (NRF) and the Retail Industry Leaders Association announced on Thursday that the two organizations have ended merger discussions.
The two groups had said in April that they reached an agreement in principle to combine.
"Following a deliberative process, RILA and NRF have ended discussions aimed at merging the two organizations," read a statement from the associations' boards of directors. "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."