Wyoming Retail Association E-Newsletter                                        April 25, 2019

A Message from WRA Director Chris Brown

Welcome to the first WRA e-newsletter of 2019 and thank you so very much for your membership within our association. We hope that you found our weekly legislative updates informative and concise in January, February and March. The Wyoming Retail Association consists of hundreds of retail outlets and allied businesses throughout Wyoming banded together to ensure that legislation on the state and federal level provides for a prosperous retail environment. We provide ideas and information that help you grow your business and we offer money-saving benefits to help enhance the profits of our members.

     

2019 Legislative Recap and Interim Outlook

The 2019 legislative general session is behind us and we are quickly approaching the interim where each standing legislative committee will meet three times to work on issues for the 2020 budget session.

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Proud to be a WRA Member-Heartland Payment Systems

Heartland Payment Systems has long been the preferred credit card processing company for many retailers across Wyoming. In addition to processing, Heartland offers a number of other business friendly, cost efficient solutions to help your business prosper. The Wyoming Retail Association is a proud partner with Heartland Payment Systems and we encourage our members to explore the portfolio of services they offer.

 

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USDOL Releases Proposed Overtime Rule 2.0

We have waited years to see where the U.S. Department of Labor would land with its much anticipated revised “overtime rule”—late yesterday, the agency delivered. The USDOL released its long-awaited proposed rule which, if adopted, would set the minimum salary threshold at $679 per week, annualizing to $35,308 per year. For now, the proposed rule does not include an automatic update provision (which many were concerned would simply serve to periodically inflate the threshold level), nor does it revise the duties test that accompanies the rule.

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March Retail Sales Gains Are ‘Very Encouraging’ And ‘Set the Stage’ For Further Improvements This Year

Retail sales were up 1 percent in March seasonally adjusted from February and up 0.8 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants.

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Retail Imports Rising Again as Summer Approaches

With tariff increases delayed for the foreseeable future and the busy summer season approaching, imports at the nation’s major retail container ports are beginning to climb again, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.


 

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www.wyoretail.org

ChrisBrown, Executive Director l 307.634.8816 chris@wyoretail.org
Copyright 2018 Wyoming Retail Association

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