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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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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. With UK borrowing on credit cards growing at an annual rate of 12.9% What Increased Regulation will Mean for Consumers and Retailers.

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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

It’s not just possible but inevitable that retailers can thrive on Amazon and compete with it at the same time. 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

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What Do Network Operators Need for Profitable Growth?

Cisco Retail

For the past 30 years, service providers have built networks using technology that was limited in terms of speed, cost, and performance. Layered architecture requiring manual service stitching across network domains that presents challenges to end-to-end cross-loop automation needed for remediation and shorter lead times.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

By Tricia McKinnon Did you know that at one time Sears was the largest retailer in the world? A few decades later when Sears merged with Kmart in 2005 the combined organization generated a substantial $55 billion in revenue. That insight was the impetus for Sears’, at one time, immensely popular, catalog. That was back in 1969.

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Brits’ uptake of new pastimes provides big boost to small businesses

A1 Retail

New research from American Express Shop Small 1 reveals that over a third (38%) of Brits have taken up at least one new hobby in an effort to keep themselves busy during lockdown, which has provided a welcome boost for the nation’s small businesses. Research conducted by Censuswide among 2005 general UK consumers between 14 – 17 May 2021.

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The Ultimate Wholesale Fashion Clothing Suppliers List: Take Your Retail Business to the next level!

I Love Fashion

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. For that reason, brokers are also called commission merchants. Let’s know about them.