WASHINGTON -- A bill that would bar retailers from owning savings and loans was moving toward final approval by Congress last week. The Financial Modernization Act, which President Clinton has said he would sign, includes a provision that would keep retailers from thrift bank ownership, a measure that would quash the plans of Wal-Mart Stores, Bentonville, Ark., to buy a thrift in Oklahoma. The discount giant had plans to open branches of the bank in its stores. In late June, Wal-Mart had ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.