Tag Archives: credit card

A Supreme Court Victory for American Express — But Not for Retailers

Posted on June 29, 2013 by bermanevansretail

In a major June 2013 business ruling, the U.S. Supreme Court sided with American Express and against the firms’ retail clients. This is especially significant for smaller retailers. As reported by Lawrence Hurley and Andrew Longstreth for Reuters: “The U.S. Supreme … Continue reading →

Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , , , | Leave a comment

A New Advance in Mobile Technology: Payment Processing

Posted on April 21, 2013 by bermanevansretail

Jack Dorsey is best-known as the creator of Twitter. However, it is his most recent venture — Square, Inc. — that is impacting the payment-processing system in retailing. The firm is a mobile payment-processing provider. Here’s how Issie Lapowsky, writing for Inc. describes … Continue reading →

Posted in Online Retailing, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Technology in Retailing | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Mastercard and Visa Are Losers. Who Are the Winners?

Posted on July 14, 2012 by bermanevansretail

As reported by Reuters and other news sources around the world, Mastercard, Visa, and various banks just signed off on billions of dollars in payments to retailers due to the credit card companies’ trade practices. There is no doubt that … Continue reading →

Posted in Part 1: Overview/Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , | 1 Comment