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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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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. It is in nobody’s interest to onboard financially delinquent customers or customers with affordability problems.

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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 Larger Companies Rely on Physical Stores for Last-Mile Shipping. Walmart Marketplace as an Amazon alternative.

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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.

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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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Brits’ uptake of new pastimes provides big boost to small businesses

A1 Retail

Dan Edelman, General Manager, UK Merchant Services at American Express said, “Our Shop Small research shows that Britain is in the throes of a real hobby revival; one that is capable of providing a real and sustained boost to the nation’s independent retailers, as these hobbies turn into habits. e) 19,832,569 x 285.72