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

Retail TouchPoints

By negotiating directly with merchants, we have reached a settlement with meaningful concessions that address true pain points small businesses have identified,” said Kim Lawrence, President, North America at Visa in a statement. The settlement is subject to final approval by the Eastern District Court of New York.

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Amazon Generates 11% Revenue Boost in Q2, Forecasts Strong Q3

Retail TouchPoints

Amazon identified several key investments within retail and advertising that supported this jump, including: An expanded Prime Day : Prime members worldwide purchased more than 375 million items during the annual event that took place July 12-13 across various categories. In addition, overall operating income swelled to $7.7 billion to $61.8

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How Inflation Is Affecting Retail Businesses?

Korona

If you are a retail business owner, chances are you have experienced increased prices for your products from your suppliers in the last several months. While economists and the National Retail Federation still expect U.S. While economists and the National Retail Federation still expect U.S. Table of Contents.

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How Resale, Sustainability and its 3,300 Stores Support Goodwill’s Key Mission — Jobs

Retail TouchPoints

120 years on, the unambiguously named Goodwill remains a mainstay on the American retail scene, with an enviable 94% name recognition among U.S. retail, Goodwill isn’t typically the first to come to mind. When most of us hear Goodwill we think of the thrift shop, but the nonprofit’s retail operation is only a means to its larger end.

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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

After surging nearly 34% in 2020 due to the pandemic, ecommerce retail sales are expected to grow a more modest 13.7% Total retail sales will reach a record $5.86 Retail sales will remain steady at around 3.5% yearly growth until 2025, and ecommerce will eventually see slight declines in growth. trillion this year.

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How Robots Can Help Retail Operate Safely Again

Retail TouchPoints

Before COVID-19, the brick-and-mortar shopping differentiator for the consumer was the in-person experience: They could try on the goods, or just see them in context. At large retail outfits you won’t be trying on that shirt. After all, it’s called “retail therapy” — not “retail trauma.”. Let’s Fix The Fear.

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20 Experts Predict the Future of Ecommerce

Smile.io

From the start of the pandemic to the accelerated growth of online retail. To the now looming recession and an increase in prices of everyday goods and services that every consumer is feeling. However, this doesn’t mean that consumers are not spending. Consumers are spending across industries.