The nation’s largest retailers are calling on Congress and the Biden administration to quickly hash out a deal on the national debt limit and avoid having the U.S. fall into default.
“Retailers have managed their way through demand shocks, workforce disruptions, supply chain bottlenecks and waves of organized retail crime. What they crave more than anything is a period of relative calm and certainty after three-plus years of managed chaos,” Michael Hanson, senior executive vice president for public affairs at the Retail Industry Leaders Association (RILA), said in a statement emailed to media outlets.
