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RFG settles unconscionable conduct case brought by ACCC

Inside Retail

ACCC chair Gina Cass-Gottlieb said: “We are pleased that RFG has agreed to make payments to certain impacted franchisees. We initially took this action because we were concerned with the alleged conduct and the impact on a number of small business operators. Michel’s marketing fund. Waiving historical debts.

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RFG settles unconscionable conduct case brought by ACCC

Inside Retail

ACCC chair Gina Cass-Gottlieb said: “We are pleased that RFG has agreed to make payments to certain impacted franchisees. We initially took this action because we were concerned with the alleged conduct and the impact on a number of small business operators. Michel’s marketing fund. Waiving historical debts.

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Lumber Liquidators to Liquidate After Failing to Find Buyer

Retail TouchPoints

The retailer, which has been in operation since 1994, filed for Chapter 11 bankruptcy protection on Aug. The company’s website will remain open and operational throughout the liquidation period. Vendor and supplier payments will continue as scheduled under the terms provided following the company’s August bankruptcy filing.

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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

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The Next Generation of Shoppers Needs a Next-Generation Strategy

Retail TouchPoints

They want shopping to be fast and fun — less of a process. That’s why Synchrony partnered with payments startup Skipify, which enables purchases instantly across email, text, social and other channels. Visiting a website, choosing a product, reviewing a “shopping cart,” typing in credit card details, etc.

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Services Spotlight: How Kickfurther Helped Finance Poop Like a Champion’s Inventory

Rangeme

Kickfurther is the world’s first inventory financing platform that enables businesses selling through any combination of direct-to-consumer, online, wholesale, or retail channels to raise working capital. Relaxed payment obligations – After receiving funding from Kickfurther, payment obligations only begin once you achieve sales.

Finance 52
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What Is Cybersecurity?

Small Biz Trends

trillion annually by 2025 – this is up from $3 trillion in 2015. They’re interested in valuable targets, they also can tweak their practices to attack easy targets to steal employee and customer records, bank account information, access business finances, and gain access to larger networks. Why Is Cyber Security Important?