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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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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 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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Elf on the Shelf CEO on the Brand’s Unlikely but Enduring Success

Retail TouchPoints

Image courtesy The Lumistella Company The success of the brand feels like something of a Christmas miracle to Co-founder and Co-CEO Christa Pitts, who launched the Elf on the Shelf with her twin sister, Chanda Bell, and mother, Carol Aebersold, in 2005. Lastly, it’s genuine. We just wanted to share our family tradition with the world.

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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. Consumers were finally given a way to access merchandise at much lower prices than what was available from nearby merchants. Struggling to achieve its past dominance Sears merged with Kmart in 2005.

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

Retail Geek

The hosts touch on the resale market and the growing popularity of Buy Now, Pay Later (BNPL) options and mobile wallets. So that’s 17.5 thousand new merchants. [4:58] 4:58] And then he said, in total, 55 thousand merchants set their all-time daily record on Black Friday.

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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.