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Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees

Retail TouchPoints

merchants worth an estimated $30 billion that will lower the interchange fees (commonly referred to as swipe fees) that merchants are charged when customers use credit or debit cards. Additionally, the settlement provides funding for new programs to educate small businesses about payment acceptance options and how to best manage costs.

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The Home Depot Promotes Insider to President and COO

Retail TouchPoints

As the company’s chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and vendor management, marketing and in-store environment. Michael Rowe has been promoted to President of The Home Depot Canada.

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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

Since Amazon Prime’s inception 15 years ago, Amazon has only increased the annual membership cost three times — rising from $79 per year in 2005 to $119 in 2018. The purchasing power of $79 in 2005 equals about $109.90 grocery market. One way we see this changing rapidly is the changing model of grocery stores.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

A few decades later when Sears merged with Kmart in 2005 the combined organization generated a substantial $55 billion in revenue. Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2 It was a runaway success. Retail stores.

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Jason & Scot Show Episode 315 – 2023 Turkey5 Recap with Salesforces Rob Garf

Retail Geek

Episode 315 is a recap of Turkey5 (The five days from Thanksgiving through Cyber Monday) 2023 with Rob Garf , Vice President and General Manager, Retail at Salesforce. Consumers were patient, waiting for attractive deals, while retailers managed their inventory and discounting strategies well.

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The Ultimate Wholesale Fashion Clothing Suppliers List: Take Your Retail Business to the next level!

I Love Fashion

Fashion Digital Marketing Agency Planning to start clothing dropshipping online? Wholesale clothing supplier sells large amounts of products to online store owners or retailers at a comparatively lower price than the market. Considering the process of wholesale clothing can be divided into 3 categories. Let’s know about them.

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What Do Network Operators Need for Profitable Growth?

Cisco Retail

For the past 30 years, service providers have built networks using technology that was limited in terms of speed, cost, and performance. High complexity due to multiple switching points, control, and management planes. This new architecture will lead to simplification and drive higher scale and lower TCO for IP services.