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Articles in Category: Retail Operations

Minnesota Job Creators Stand Ready to Enact Pro-Growth Tax Policy

Employees & Employers Oppose Job-Killing, Consumer-Punishing Border Adjustment Tax

Minnesota Job Creators Stand Ready to Enact Pro-Growth Tax Policy

Americans for Affordable Products (AAP) – a collection of more than 400 businesses and trade associations seeking to stop the Border Adjustment Tax (BAT) – released the following statement in response to President Donald J. Trump’s tax policy unveiled yesterday:

“Retailers across Minnesota are encouraged by President Trump and his administration’s remarks yesterday on an approach to tax policy that excludes the ill-conceived Border Adjustment Tax. The Border Adjustment Tax concept is a job-killer to retail—one of Minnesota’s largest job-producing industries,” said Bruce Nustad, president of the Minnesota Retailers Association. “We are grateful the president has chosen not to increase the cost of basic necessities like gasoline, groceries, clothing and medicine. That approach would have hurt Minnesota’s consumers, families, and jobs.” 

To obtain a full list of the AAP coalition, click here.

BACKGROUND:

Consumers Will Feel The Pain In Rising Costs From The Border Adjustment Tax:

Consumers Will Be Hurt By The Border Adjustment Tax Costing American Families As Much As $1,700. Upon passage, the Border Adjustment Tax or BAT will be slapped on everyday necessities costing American families as much as $1,700. (National Retail Federation, Accessed 1/31/17)

Border Adjustment Tax Threatens Largest National Employment Sector Representing One Quarter Of Americans:

PricewaterhouseCoopers LLP: Retail Is The Nation’s Largest Employment Sector Supporting 42 Million Jobs & Representing Employment For One In Four Americans. “Retail is the largest private-sector employer in the United States, supporting one out of every four jobs. A healthy and vibrant retail industry delivers a powerful impact across our economy … Retailers directly provide 29 million American jobs … The retail industry supports a total of 42 million jobs in retail and a host of other industries – 23.4% of total U.S. employment.” (National Retail Federation, Accessed 1/28/17)

Americans for Affordable Products is a coalition of job creators, entrepreneurs, business leaders and consumers united against higher prices on everyday necessities. To learn more, please visit: www.KeepAmericaAffordable.com.

Additional Information:

 

To schedule an interview with an Americans for Affordable Products representative, please email This email address is being protected from spambots. You need JavaScript enabled to view it..

Time For Our Annual Retail Outlook Survey

Holidays and hiring! Share your outlook with MnRA.

Time For Our Annual Retail Outlook Survey

Last year 100 retailers across Minnesota gave MnRA a good look at what they expected over the holiday season and into the new year. That perspective helped MnRA tell the story of retail to the media and legislature.


As we prepare this year’s Retail Outlook Survey results for presentation at our Thursday, October 13 Annual Meeting, could you please take a moment and take our brief survey?

Your thoughts would help us round out the results.

Help us tell retail's story again by completing our quick eight question Retail Outlook Survey now!

Click here for the survey.

Retail Bicycle Shops Urged To Be Vigilant Following Recent Thefts In The Twin Cities

Crime Alert For Bike Shop Owners

Retail Bicycle Shops Urged To Be Vigilant Following Recent Thefts In The Twin Cities

July 11, 2016 Update:

MnRA has learned that approximately three weeks prior to the latest holiday weekend thefts, a metro-located bike retailer fell victim to a bicycle theft from what appears to be the same male assailant in each theft (based upon security camera footage).

Original Post:

A $20,000 rash of thefts from bicycle retailers over the past few weeks has the Minnesota Retailers Association urging shop owners and employees to be on alert and in communication with local law enforcement in the event of suspicious activity.

Similar thefts from bicycle stores in Wayzata, Hopkins and Champlin as recent as this past weekend have law enforcement in multiple communities conducting investigations. Those individual thefts have ranged from a few hundred dollars to upwards of $10,000 as reported by KARE-11 news. Typically thefts have occurred early in the morning before the store opens with accessed gained through a rear store door. In some cases thieves have disabled internal security cameras, indicating they have likely visited the store in advance to plan the theft.

“As usual, vigilant and attentive employees are the first line of defense against these types of crimes. And of course, a security alarm and camera system recording high quality images that can be used by law enforcement are vital to connecting the dots between these crimes and identifying the criminals,” said Minnesota Retailers Association President Bruce Nustad. “It’s hard to see stores that work so hard to serve our communities victimized like this. Fortunately, local law enforcement has responded quickly to these crimes and thanks to a strong partnership among law enforcement and with retailers through the Twin Cities Organized Retail Crime Association, information is being shared quickly to try to shut down these crimes before more neighborhood retailers are victimized.”

The Minnesota Retailers Association recommends the following action steps for bicycle shop owners in light of recent thefts:

__ Talk to employees about the thefts and encourage them to be extra vigilant.
__ Report thefts or suspicious activity to local law enforcement immediately.
__ Encourage law enforcement to share real-time crime information via the Twin Cities Organized Retail Crime Association (www.tcorca.org).
__ Check www.mnretail.org/bikes for up-to-date info on this specific ring of thefts.

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