WASHINGTON (FNS) -- A long-sought reform of the Perishable Agriculture Commodities Act, or PACA, became law when President Clinton signed it last month. PACA was created 65 years ago to govern the conduct of the produce business and ensure prompt payment to suppliers, but had fallen under sharp criticism in recent times as obsolete and unfair to retailers, who said they were paying into a system from which they derived little or no benefit. The signing of the new compromise law signified ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.