FOR IMMEDIATE RELEASE
Ryan McLaughlin, 312-588-4102
Statement from the Illinois Retail Merchants Association in Response to Governor Rauner’s State of the State Address
SPRINGFIELD – Illinois Retail Merchants Association (IRMA) has issued the following statement regarding Governor Rauner’s State of the State address:
“Governor Rauner has laid out an ambitious agenda reflective of a desire to see Illinois return to the role of an economic leader. We are concerned about proposals to increase the minimum wage as those mandates fall disproportionately on the retail industry, but attempts to offset those costs are welcomed as they recognize such mandates impose significant costs. Retailers will withhold judgment until we see the details, how those benefits accrue to Illinois retailers, and what other proposals may come from the upcoming budget address. We stand ready to work with Governor Rauner and the legislature to help grow the economy and jobs accordingly,” said Rob Karr, President/CEO, Illinois Retail Merchants Association.
Economic facts about the retail industry in Illinois:
- 144,715 retail establishments
- 1.6 million retail jobs
- $65 billion in total labor income
- $50 billion in direct impact on GDP
About The Illinois Retail Merchants Association (IRMA)
One of the largest state retail organizations in the United States, IRMA serves as the voice of retailing and the business community in state government. Founded in 1957,IRMA represents more than 23,000 stores of all sizes and merchandise lines. From the nation’s largest retailers to independent businesses in every corner of the State, merchants count on IRMA to fight for the best possible environment in which to do business in Illinois.