The Trump administration is making changes to the way businesses operate to make them more efficient and help them keep costs down, according to the heads of the nation’s largest retailers.
Mark Krikorian, chief executive of the American Retail Federation, and David Cohen, the chief executive officer of Costco, said on Tuesday that the administration is considering expanding the types of retailers allowed to sell on its website.
They said the changes are expected to make it easier for companies to set up shop online.
Costco and Walmart, the two largest U.S. retailers, said they would begin selling on the White House website this week.
They said online shopping has become increasingly important as the economy recovers from the recession and the Affordable Care Act is rolled back.
“Online shopping is an incredibly important part of the retail ecosystem, especially for businesses that have been operating offline for years,” Krikorians said.
The rules were part of a broader effort by the Trump administration to ease regulations for the industries that rely on commerce.
The Department of Labor is reviewing the rules and will issue a final rule in about two weeks, Cohen said.
Krikorian said that Walmart has already made the decision to sell its goods online.
Walmart has also created an online shopping portal that allows customers to shop for its merchandise.
“We’re working with our partner retailers and they’re already using it to bring goods in, to stock shelves, and to provide inventory,” Krieorian said.