retailers

New financial reform will help retailers avoid paying swipe fees

July 14, 2010 - 8:52am | News | Plastic cards

The financial reform bill that’s been moving toward a final vote in Congress has cast light on the relationship between consumers, paying by credit card, debit card or cash, and retailers.

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Halloween sales to decline by 18% this year

September 29, 2009 - 6:56am | Figures | News

While retailers and different industry measures are projecting improved sales from last year, Halloween sales this year are expected to be haunted.

After reaching $5.77 billion last year, their highest in at least four years, Halloween sales this year are expected to decline 18% to $4.75 billion, according to a survey from trade group National Retail Federation. Average spending also is expected to decline 15% to $56.31 from $66.54.

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Retailers want all benefits to themselves: accept cards without paying costs

September 18, 2009 - 1:34am | News | Plastic cards

According to the results of the new survey conducted by Visa, “consumers believe retailers benefit far more from accepting credit and debit cards than they pay in costs."

Visa also found clients believe vendors see card cost acceptance as a part of doing business, much like paying for utilities such as electricity.

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Tight financial belts won’t prevent Americans from holiday spending

September 8, 2009 - 8:50am | Figures | News

According to a survey released on Tuesday, U.S. holiday shoppers are more willing to crack open their wallets in 2009, but still intend to hunt for discounts.

Information Resources Inc, a market research firm, polled about 1,000 U.S. households online in the last two weeks of August and found that about 77 % of respondents said they were willing to splurge on a gift for the 2009 holidays even if times are tough.

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Microsoft reaches settlement with dodgy software sellers

August 13, 2009 - 8:15am | Law aspects | News

As it became known, the software giant Microsoft has reached settlements with 11 companies accused of selling dodgy copies of its products. The 11 computer retailers all faced court action and admitted illegal hard disc loading and selling illegal software.

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