Retail groups urge Congress to prevent penny shortage
Retailers across the US warn of escalating penny shortages, urging federal guidance and quick laws to avoid disrupting cash transactions.
Retailers across the US warn of escalating penny shortages, urging federal guidance and quick laws to avoid disrupting cash transactions.
Industry warns of higher consumer costs, shortages, and unintended fallout from national security measures.
During her tenure, McGuigan became a central figure in the organization’s legal and regulatory efforts.
This year’s Retail Asset Protection Conference features several major initiatives and findings aimed at addressing retail crime and restoring vitality to communities served by retailers.
Over 30 industry groups submitted comments opposing the proposed remedies in the Section 301 investigation. They cited a study that found the measures would lead to higher costs across multiple sectors, including retail.
RILA warns that stacked tariffs might unintentionally raise the costs of everyday household goods.