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How Retail Businesses can Reduce Credit Card Fees

Retail TouchPoints

A chargeback happens when the credited amount from the initial charge to your business checking account is reversed. Monitor your account regularly to prevent unexpected charges or rate increases. Taking these actions can reduce fees and improve operational efficiency, creating a better experience for both businesses and customers.

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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. As a result, global subsidiaries are struggling to pay suppliers for services rendered during that peak.

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Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

Retail TouchPoints

Meanwhile, the payment team is frustrated, accounting can’t scale efficiently under the demand to reconcile reports, and the retailer’s developer can’t stick everything together. Deploying these new payment types will cause very little friction to backend accounts and fulfillment teams. 4) Scale for Simplicity.

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How the Y2K Revival is Expanding True Religion’s Shopper Community

Retail TouchPoints

Starting as a Senior Designer in 2006, he worked his way up to VP of Innovation before he left the company in 2017. By the end of this year, the brand anticipates that the mobile app will account for 10% of total ecommerce sales.

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How Nana Judy founder started a $30m streetwear brand at 19 years old

Inside Retail

Coleman, who started Nana Judy in 2006 while working part-time in a local surf shop, identified the popularity of skate and surf brands across Australia. So he sold his car, emptied his savings account and named the business after his great-grandmother’s dalmatian.

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Aiwa brand up for auction, its parent bankrupt

Inside Retail

Sony tried to revive the brand as a youth-focused subsidiary but after three years gave up and the brand was effectively shelved in 2006 until US company Hale Devices was granted the brand name in 2015. Listed on the Tokyo Stock Exchange from 1961 it lost profitability in the late 1990s and was taken over and delisted by Sony in 2003.

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Why Ksubi CEO Craig King reads a book a fortnight, and says you should too

Inside Retail

By the time I was 35, I felt fairly polished in accountancy, P&Ls, human resources – areas I would have to be good at. I landed the job of GM at General Pants in 2006, and then in 2010, I became CEO.

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