Change Is in the Air

You may have already heard about the proposed merger between NRF and the Retail Industry Leaders Association. This decision will likely be finalized by the end of this summer, after each respective board has the opportunity to vote on the merger. I wanted to give you a bit more insight into what to expect, as well as share some additional news.

In my opinion, the announcement that two powerful trade associations will merge could not come at a better time for our industry. This new partnership will allow retailers to have a cohesive, powerful voice on important public policy issues and enable greater networking for retailers in all categories. Our vendor community will be able to take advantage of some economies of scale, reaching out to potential customers through a series of coordinated industry events instead of trying to make decisions on which competing conferences to attend.

NRF would not be where it is today without our extraordinary membership base. Please be assured that our entire staff will be working diligently to ensure that this transition is smooth. It is my hope that most of you will be unfazed by the merger — except that those of you with membership in both associations will not be paying two sets of dues! I’m sure I speak for both the NRF and RILA staffs when I say that we value your commitment to our organizations, will do everything we can to make this new partnership valuable to you and look forward to having you as our ally in this next step.

From a personal perspective, the timing is perfect. After more than 30 years at NRF, my employment contract is set to expire, and late last year I informed NRF leadership of my intention to retire. After assisting NRF through this transition period, I look forward to tackling some new projects and embarking on new adventures.

During my incredible ride at NRF, I have seen the retail industry undergo a real transformation. From watching a small Arkansas discounter catapult to the top of the charts to seeing how the Internet is changing the way our customers shop, it’s been a powerful movement to watch.

I’ve had the remarkable opportunity to serve as NRF’s CEO since 1993, and have helped secure some remarkable victories for the industry in that time. But I am most proud of the fantastic staff that we have built; what they continue to accomplish on Capitol Hill, with our retail members, in the press, and at our events amazes me every single day. These committed people, who give their heart and soul to the retail industry, are my legacy. I can’t think of a more fitting tribute.

I will never lose my love of retailing, and it’s bittersweet to move on. That said, it is time for new leadership. Please know that I wholeheartedly support this merger and believe that, while the transition may be challenging, it will be worthwhile.

All the best,