Key Takeaways: Here are the key takeaways for retailers looking to improve their markdown strategy: Plan markdowns based on product lifecycle and demand trends. Use sales data to guide timing and discount levels. Apply staged or progressive markdowns to protect profit...
After years of battling, Visa and Mastercard have each separately reached an agreement with the European Commission over their multilateral interchange fees (MIF) on foreign cards. The move will save retailers about 40% of what they were previously paying in...
