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Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees

Retail TouchPoints

history, according to Reuters , and if it receives court approval it would resolve most of the ongoing claims against Visa and Mastercard, which began in 2005. Swipe fees typically include small, fixed fees plus a percentage of the total sale amounts and average about 1.5% The antitrust settlement is one of the largest in U.S.

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People are Talking About RFID Again…Here’s Why

Retail TouchPoints

You’ll likely recall the famous Walmart RFID mandate, announced in 2003 with an effective date of January of 2005. What’s old is new again, but this time around the focus is squarely on the value proposition for stores and consumers instead of the distribution centre (DC).

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

Retail TouchPoints

in August 2022, the fastest pace recorded since 2005, the worry for many people is that with their finances already stretched, costs will continue to climb higher and access to traditional, rigid forms of credit will become more difficult. With UK borrowing on credit cards growing at an annual rate of 12.9%

Finance 260
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Behind American Vintage’s bet on the lucrative Chinese fashion market

Inside Retail

Founded in 2005 in Marseilles, American Vintage draws inspiration from the United States and is known for its T-shirts, knits, denim, and fleece. Experience-driven store concept As Azoulay explained, American Vintage designs its stores to be places of interaction rather than mere points of sale, and the same is true of its Shanghai store.

Fashion 147
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Beyond Yoga Stresses Relaxed Comfort for Brick-and-Mortar Debut’s Design

Retail TouchPoints

Beyond Yoga has opened its first brick-and-mortar store in Los Angeles, where the retailer’s story began in 2005. Thinking about the point of sale, it was also really important that you didn’t have to go to certain places to stand in line for checkout,” said Hart. One year after its acquisition by Levi Strauss & Co.

Checkout 147