Dec 2, 2011 | General, Retail, Supermarkets
A study by the National Retail Federation showed losses of up to $37.1 billion dollars directly to the retailer as a result of inventory shrinkage. In fact, 43.7 percent ($16.2 billion) of total losses was due to employee theft! Internal theft even accounted for more...
Nov 9, 2011 | General, Restaurants
Excerpt from QSRmagazine.com Author: Barney Wolf Restaurants and other businesses that capture and store credit and debit card data on their computers will be required to meet updated security standards beginning next year. Version 2.0 of the guidelines, developed by...
Oct 27, 2011 | General, Retail, Supermarkets
“According to the National Retail Federation’s 2011 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch, holiday shoppers say they plan to shell out an average of $704.18 on holiday gifts and seasonal merchandise, down slightly from last...
Oct 19, 2011 | General, Restaurants, Retail, Supermarkets
Representatives Jason Chaffetz (R-Utah) and Bill Owens (D-N.Y.) are introducing legislation in the U.S. House to repeal the Durbin Amendment, the debit-card interchange fee regulation in the Dodd-Frank Wall Street Reform & Consumer Protection Act. In comes H.R....
