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01 Apr, 2020
Macy’s Holiday Season Sales Results Give Investors Hope
Macy’s, Inc. (NYSE: M) announced Wednesday comparable sales results for the months of November and December 2019.November/December 2019 Comparable Sales:November/December 2019Comparable sales (owned)(0.7)%Comparable sales (owned plus lice..
Kroger considering ban on Visa credit cards
American retail company Kroger Co. (NYSE: KR) is considering expanding its ban on Visa credit cards imposed by one of its subsidiaries, preparing to fight back against the over USD 90 Billion annual swipe fee payment.The Company stated that its Food..
UPS Reaches Record Holiday Package Returns as Online Shopping Grows
United Parcel Service, Inc. (NYSE: UPS) has seen a record number of returns this holiday season as the amount of online shopping continues to reach new heights. UPS said on Wednesday the increasing rates of online shopping are expected to incre..
Strong Retail Sales for Holiday Season
Retail sales from the period of November 1 through Christmas Eve were up 4.9 percent from last year, indicating the highest growth rate since 2011.Online sales, which were up 18.1 percent for the season, contributed to the large growth in total reta..
U.K. Bans Credit Card Surcharges
On Wednesday, the U.K.’s Treasury Ministry announced that British retailers will be forbidden from forcing customers to pay surcharges when they pay for a transaction using a credit card. British consumers tend to face up to 20 percent of surc..
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