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10 Finance Tips All Retailers Should Follow

Retail Next

Instead of aiming for your dream space right away, try to find a more modest one that offers you a good location, but costs less. You don’t want to get a bad reputation among fellow business owners as someone who is always late on payments. Shop Around to Lower Credit Card Service Fees.

Finance 59
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Retail Returns Increased to $761 Billion in 2021

VMS

The most common types of payment used during the original purchase that led to a return were credit cards (22.78 The categories with the highest return rates were similar to 2020 metrics: auto parts (19.4 percent), apparel (12.2 percent) and home improvement and housewares (tied at 11.5 percent), cash (12.69 percent) and debit cards (7.04

Returns 52
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These Were the Top Retail Stories of 2022

VMS

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. Starbucks workers organized at many locations in 2022. location voted in favor of starting a union. It was the third company-owned location to so vote.