Retail group says "workable and sustainable" Bangladesh plan needed

05/15/2013 | MarketWatch · Reuters

Major U.S. retailers have declined to sign onto a binding five-year agreement designed to improve safety and working conditions at Bangladesh garment factories, which would commit the companies without giving them control over how the group's money is spent. North American retailers may come together on a less-restrictive agreement, the National Retail Federation said. "Retailers are committed to a plan of action that is both workable and sustainable," said NRF President and CEO Matthew Shay.

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MarketWatch · Reuters

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