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How Retail Businesses can Reduce Credit Card Fees

Retail TouchPoints

For retail executives, finding ways to reduce these processing fees is crucial to improving profit margins and staying competitive in todays increasingly cashless economy. However, the complex and often unclear credit card processing system can make this difficult. Manage chargebacks effectively.

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The store associate of the future

365 Retail

Retailers need urgently to digitise store management processes, and communications and training as the role of the store worker changes, says Fabrice Haiat, CEO of YOOBIC. This then becomes a problem of competitiveness and customer loyalty as retailers are unable to provide the experience consumers are seeking.

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3 Post-COVID Benefits of Contactless Payments for Retailers (and 3 for Customers)

Retail TouchPoints

Contactless payments skyrocketed in popularity during the COVID-19 pandemic while cash payments plummeted. This was partially attributed to the diminished capacity to shop in-store, but was also connected to the fear of viral transmission via both shared payment terminals and cash itself. Benefits for the Retailer.

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How Private Equity Failed North America’s Oldest Retailer

Retail Prophet

By the 20th century Hudsons Bay was a staple in almost every downtown Canadian shopping district and suburban mall, earning a reputation as a provider of quality products backed by solid customer service and guarantees for Canadian families. Lord & Taylor shut down in 2020, and Baker took HBC private the same year.