Mass Relators
APRIL 25, 2024
household more than $1,100 last year, the Merchants Payments Coalition said. By contrast, net profit for general retail averages only 3 percent. But the settlement applies only to the banks’ portion of swipe fees, and Mastercard is already increasing a key network fee, costing merchants an estimated $259.1
Inside Retail
DECEMBER 1, 2021
Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 billion (+6 per cent on 2019), while Alibaba was at number 8 with US$110.4
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365 Retail
APRIL 4, 2024
Providing excellent customer service, whether you’re working within a B2B or B2C focussed industry remains paramount for successful business growth and retention. Georgia Hartley-Brewer, Senior Consultant at people advisory business New Street Consulting Group examines the reasoning behind this upwards industry trend.
Inside Retail
JUNE 22, 2023
Today, JD is said to be the biggest retailer, online or otherwise, in China , and according to the strategic roadmap presented by CEO Sandy Xu at the company’s recent anniversary celebrations, it is just the beginning. JD.com also aims to contribute RMB 100 billion in taxes and create over 1 million jobs.
Retail TouchPoints
OCTOBER 12, 2021
My days as a merchant are long over, yet I remain a retailer at heart. As an advisor for industry groups such as the Ascendant Network and the Digital Shelf Institute Executive Forum, I‘m surprised to hear my industry friends are still frustrated by ongoing online profitability hurdles. Translation: You can’t do this alone.
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