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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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The 10 Most Profitable Small Businesses to Open in 2022

Korona

Every year, millions of small businesses sprout up across the United States. million businesses in the United States are small businesses. In other words, small businesses are the backbone of the U.S. In other words, small businesses are the backbone of the U.S. Table of Contents.

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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 Mobile Payments Are Taking Over eCommerce

Groove

billion people will be completing transactions through mobile payments by 2025. Recently, some retail stores such as Forever 21, Lululemon, Hollister, 5 Below, etc. Small businesses may also use this system for ease and to avoid the cost of an NFC payment system. What Are Mobile Payments?

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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 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.