Designated by Forbes magazine as one of the "100 Greatest Living Business Minds," the author of Good to Great will speak during the Tuesday Business Program at the 2018 NACDS Annual meeting.
The NACDS Retail Advisory Board (RAB) conducted its most recent meeting in New York City last week with a focus on where retail is right now, where it is headed and on cutting-edge innovation.
Consumers overwhelmingly prefer to hear from retailers via email for order updates, product recommendations and more.
Products ranging from baby care to home healthcare were on display in the “Product Showcase” in the NACDS Total Store Expo Exhibit Hall. The Product Showcase provided increased visibility for suppliers to market their products to retailers - who evaluated the products.
The National Association of Chain Drug Stores (NACDS) is commending Congressional leaders and the White House for the decision announced on Thursday to set aside consideration of a border adjustment tax.
NACDS outlined concerns about the border adjustment tax (BAT) to the Senate Finance Committee before its hearing this week, "Comprehensive Tax Reform: Prospects and Challenges."
NACDS submitted testimony this week to the House Ways and Means Committee opposing a Border Adjustment Tax.
The NACDS Retail Advisory Board conducted its 8th—and largest—Market Immersion in Minneapolis this week with a focus on millennials and their shopping habits.
Arlington, VA – The National Association of Chain Drug Stores (NACDS) has joined with more than 200 members of the Americans for Affordable Products coalition in laying out a strong case to Congress against the perils of the Border Adjustment Tax.
From a health and wellness perspective; from a total-store perspective; from a consumer perspective; from an employee perspective; and from an employer perspective the Border Adjustment Tax would prove devastating and it should be considered a non-starter in the public policy arena.
In a letter to the bipartisan Congressional leadership, the coalition – including NACDS – wrote: “The goal of tax reform should be to lower effective tax rates for businesses of all sizes and ensure Americans benefit with more money in their wallet. We believe the Border Adjustment Tax would do the exact opposite by raising effective tax rates for many companies to well over 100%.
“The Border Adjustment Tax is not simple or fair. It proposes a massive tax increase on consumers and would result in increased costs on everyday necessities like food, clothing, gasoline and prescription drugs – necessities that Americans rely on daily – by as much as $1,700. It is really a ‘cost of living tax’ that will make the lives of millions of middle-class Americans harder and more expensive.”
Companies and associations that are members of Americans for Affordable Products speak for nearly one out of every four jobs in the nation.
“The Border Adjustment Tax would take the term ‘unintended consequences’ and redefine it for the ages,” said NACDS President and CEO Steven C. Anderson, IOM, CAE. “From a health and wellness perspective; from a total-store perspective; from a consumer perspective; from an employee perspective; and from an employer perspective the Border Adjustment Tax would prove devastating and it should be considered a non-starter in the public policy arena.”
For its part, NACDS supports the “Made in the U.S.A.” movement, as demonstrated by the success of programs to call attention to qualifying products at the NACDS Total Store Expo trade show and strategic exchange.
More information about Americans for Affordable Products is available at KeepAmericaAffordable.com.
Last month, Achieve, a research and marketing agency for causes, released The Millennial Impact Report Retrospective: Five Years of Trends. The study provides insight into millennials’ attitudes towards cause-engagement, volunteering, and donations.
The study’s 2016 post-election survey of millennials found that 78 percent of millennial survey respondents reported voting in the presidential election and that their top three issues were employment/wages (32 percent), the economy (29 percent) and—significantly—healthcare (27 percent). The retrospective and the upcoming 2016 research are a useful guide for developing millennial outreach strategies.
