Sept 8, 2023
NRF acquires Reverse Logistics Association
The National Retail Federation (NRF) has announced its acquisiton of the Reverse Logistics Association (RLA), a global trade association focused on the returns and reverse industry. The announcement was made during the RLA Leadership Summit in Atlanta.
Matthew Shay, NRF president and CEO, emphasized the importance of sustainability in retail. "NRF has a long history of convening supply chain professionals to collaborate and develop resources that improve the retail industry. Retailers understand the importance of sustainability practices and the environmental, economic, social and consumer benefits that accompany them,” he said.
“As consumer demand for sustainable offerings continues to increase, RLA’s reverse logistics expertise will help our members to ‘close the loop’ and accelerate the emergence of the circular economy.” The circular economy aims to promote the reuse and recycling of products and resources.
RLA executive director Tony Sciarrotta expressed excitement about the partnership, highlighting how NRF recognizes the pivotal role of reverse logistics in the circular economy and broader sustainability initiatives for the retail industry. “Through this partnership, RLA will continue to reach industries investing in the circular economy and enhance NRF’s long-term commitment to retail’s supply chain and sustainability efforts.”
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