DSCC Welcomes New Board Members

Issue 10.02

January 19, 2024

THIS WEEK IN DOVER

In came the snow and out went the General Assembly! This week was a relatively quiet week in Dover. Session was cancelled on Tuesday due to the weather and the General Assembly planned on holding a joint session today due to the Governor’s State of the State Address, which was postponed this morning. A new date will be announced soon. Read more >

DSCC WELCOMES NEW BOARD MEMBERS

The Delaware State Chamber of Commerce voted on and approved the following new members to its Board of Directors and Board of Governors.

We are pleased to welcome to the Board of Directors:

W. Douglas Mokoid

Delmarva Power

David A. Tam, MD, MBA, CPHE, FACHE

Beebe Healthcare

The following business and community leaders were elected to the State Chamber’s Board of Governors:

Read the full announcement >

RETAIL'S PATH FORWARD

2024 POLICY PRIORITIES WILL ENSURE

SUCCESS FOR THE RETAIL INDUSTRY

By Matthew Shay, National Retail Federation

American consumers demonstrated strength and resilience, despite continued economic pressures in 2023, and household spending kept economic expansion on a path forward. Though consumers have shifted where they are allocating their dollars, spending has held up well in the face of headwinds like inflation, higher gas prices, more stringent credit conditions, and elevated interest rates.

Holiday shopping is in full swing, and at the time of this writing NRF is forecasting record spending and meaningful growth of between 3% and 4% this holiday season. A record 182 million people planned to shop instore and online from Thanksgiving Day through Cyber Monday this year—almost 16 million more than last year. Read more >

The Delaware Retail Council (DRC) is an affiliate of the State Chamber of Commerce and National Retail Federation (NRF). The DRC’s mission is to support and improve the retail climate in Delaware and serves as retailers’ advocate at the state and local government levels. The group meets regularly during the year to discuss challenges retailers are experiencing, help solve challenges facing the industry, and advise State Chamber leadership on retail specific issues. Read more >

FAST FACT: 26% of Delaware jobs are supported by the retail industry. In other words, the industry supports just over 150,000 jobs and has a $4.1 billion direct impact on Delaware’s GDP.

FURTHER READING

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