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Swipe fee costs average household more than $1,100

Mass Relators

household more than $1,100 last year, the Merchants Payments Coalition said. It’s time for the card industry to stop gouging American consumers and small businesses and compete to offer market-based, competitive fees. Congress needs to pass the Credit Card Competition Act to fix the broken credit card market.”

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Analysis: As technology marches on, Asia’s retail property huffs and puffs

Inside Retail

Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 The mall operator provided a delivery service there for its tenants. billion on 2019.

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Distribution and Wholesale Seek Retail Skillset to Gain Competitive Edge

365 Retail

Providing excellent customer service, whether you’re working within a B2B or B2C focussed industry remains paramount for successful business growth and retention. It calls for seamless integration into the category and buying processes and it opens the low-cost option of supplier APIs.

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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

The company’s goals include establishing three enterprises that generate over RMB 1 trillion in revenue and RMB 70 billion in net profits, having five enterprises that rank on the Fortune Global 500 list, and bringing seven publicly listed companies to obtain a market value of RMB 100 billion.

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The Profitability Challenge: Why SKU-Level Visibility Matters

Retail TouchPoints

My days as a merchant are long over, yet I remain a retailer at heart. As an advisor for industry groups such as the Ascendant Network and the Digital Shelf Institute Executive Forum, I‘m surprised to hear my industry friends are still frustrated by ongoing online profitability hurdles.