Stimulus Package May Help Spur Investment

The $787 billion economic stimulus package signed into law last week should provide some tax breaks for retailers who invest in new equipment or hire certain individuals, according to industry trade groups. There are a number of things that could potentially affect retailers and wholesalers, said Tom Wenning, executive vice president, National Grocers Association here. The new bill

ARLINGTON, Va. — The $787 billion economic stimulus package signed into law last week should provide some tax breaks for retailers who invest in new equipment or hire certain individuals, according to industry trade groups.

“There are a number of things that could potentially affect retailers and wholesalers,” said Tom Wenning, executive vice president, National Grocers Association here.

The new bill extends the ability of small businesses to write off investments in eq

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