Example: a specific goal of increasing retail sales in a given region might result inspecial Nascar packaging or driver appearances in stores in that area.
"The accord veers away from commonsense solutions and seeks to advance a narrow agenda driven by special interests, " said National Retail Federation President and CEO Matthew Shay in a statement.
Tom Ironside from the British Retail Consortium warned the proposed tax could undermine the special role supermarkets play in attracting consumers from wide and far into town centres.
Instead, there will be more opportunity for its retail clients to get in on public offerings, private equity funds or a special commodities fund, and lending, explains Hintz.