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Tom Ford opens its first Australian Beauty concept store

Inside Retail

The space will house the whole Tom Ford Beauty Collection, personalisation services and exclusive Tom Ford Christmas presents, as well as private blend scents including the recently announced Myrrhe Mystère. Tom Ford opened its first store in Australia in Sydney in 2011, and it was acquired last year by beauty behemoth Estee Lauder in a US$2.8

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Mastercard to raise credit and debit card fees

Mass Relators

WASHINGTON – Almost immediately after agreeing to reduce “swipe” fees charged to merchants to process credit card transactions, Mastercard plans to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said Wednesday.

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Small Business Grants Support Rent, Technical Assistance, Employee Retention

Small Biz Trends

Today’s small businesses need resources for a huge variety of operational needs, from rent to technical support. Business that missed payments between March 24, 2020, and August 19, 2021 may be eligible for this relief funding, which is covered through federal American Rescue Plan Act dollars. LISC Jacksonville Grants.

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As France weighs fast-fashion ban, is the circular economy the future of retail?

Inside Retail

Not the risk your mortgage payment kind of addiction – more the ‘I shop because it makes me feel good’ kind. In the UK, Selfridges has taken its sustainability commitment to a new level launching ‘ Reselfridges’ where the brand offers both re-sell and repair services. Full disclosure, I have a bit of a shopping addiction.

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What Are Commercial Real Estate Loans?

Small Biz Trends

Commercial real estate loans can provide many benefits for business owners, including the following five: Flexibility in repayment terms – You can typically choose from a variety of repayment options, including interest-only payments, balloon payments, and more. Cons of Commercial Property Loans. JPMorgan Chase.

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IRS Announces 2023 Mileage Reimbursement Rate

Small Biz Trends

14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2022. An annual study of the fixed and variable costs of operating an automobile is used to set the standard mileage rate for business use. Lease payments. So, Who Can Deduct Car Expenses on Their Tax Returns?

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Retailers say proposed swipe fee cut is not enough

Mass Relators

WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough. The plan would also increase the amount for fraud prevention to 1.3 The Fed found that banks’ average cost to process debit transactions was 7.7