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News ARCHIVE

The Debit Swipe Fee Cap is Still Too Damn High  Mar 28, 2016 10:23 AM By Tim Parry

A cap on debit card swipe fees enacted by the Federal Reserve five years ago has helped reduce costs for retailers and consumers but is still higher than intended by Congress and should be lowered, according to the National Retail Federation.

Week in Review: Rolling Out the Red Carpet in Cincinnati  Mar 24, 2016 1:47 PM By MCM Staff

The red carpet will be rolling out in Cincinnati on April 14. That’s when Multichannel Merchant will announce the winners of its annual Excellence in Customer Experience Awards its 2016 Operations Summit.

Bonobos, Fossil, Lowe’s Lead 2016 Excellence in Customer Experience Awards Finalists  Mar 23, 2016 5:40 PM By MCM Staff

Multichannel Merchant has announced it has selected finalists for its annual Excellence in Customer Experience Awards. Winners will be announced at a luncheon ceremony at the annual Operations Summit.

FedEx Rebrands Bongo International as FedEx CrossBorder  Mar 23, 2016 4:55 PM By Tim Parry

FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., has announced the re-launch of Bongo International as FedEx CrossBorder. The announcement highlights the FedEx investment in expanding its international ecommerce offerings.

Ringier Africa Deals Group Acquires Nigerian Online Shopping Platform DealDey  Mar 23, 2016 2:04 PM By MCM Staff

The acquisition of DealDey represents an expansion of Ringier Africa’s portfolio beyond publishing and digital marketing in Nigeria and Silvertree’s first ecommerce investment in the country.

American Apparel Goes Same-Day Delivery with Postmates  Mar 22, 2016 12:02 PM By Mike O'Brien

American Apparel has begun offering one-hour delivery through a partnership with Postmates, leveraging RFID technology to provide real-time inventory availability via the Postmates Order app. The program is in place at 79 stores in 31 U.S. markets, making 50 “on-demand basics” items like hoodies, t-shirts and socks available to consumers who desire the items right now.

Week In Review: Bubble Wrap Becomes Unbreakable  Mar 18, 2016 9:41 AM By MCM Staff

Pop… Pop… Pop Pop… Pop…
Well, that’s a series of sounds we may not hear anymore, shortly after a co-worker or a family member opens a package. That’s because Sealed Air’s “unpoppable” Bubble Wrap protective packaging solution is now commercially available worldwide.
Read on and find out what this means for Bubble Wrap aficionados and your packaging, and what else was big news this week.

FedEx Says Amazon Business Not a Concern  Mar 18, 2016 9:28 AM By Mike O'Brien

FedEx told analysts on a third quarter call that Amazon was simply addressing capacity issues with its own assets a la other major retailers, so they weren’t worried about the business. For the quarter, FedEx’s net income fell 19% to $507 million, while Ground revenue was up 30% to $4.41 billion. However higher costs due in part to network expansion and peak season demand caused the segment’s operating income to drop from $559 million to $557 million.

Amazon Said to be Eyeing Office Depot Assets  Mar 17, 2016 9:46 AM By MCM Staff

Amazon is reportedly considering an acquisition of Office Depot’s corporate business assets to jumpstart its Amazon Business office supply operation. The deal is contingent on FTC approval of the Office Depot-Staples merger, which it has opposed to date, but may be close to signing off on.

Vantiv and Credorax Partner to Expand Card-Not-Present Payments Acceptance  Mar 15, 2016 10:06 PM By MCM Staff

Vantiv and Cerdorax announced a partnership that bolsters the capabilities of Vantiv’s merchants to serve global consumers via card-not-present channels. Read why this relationship will allow Vantiv merchants to process and settle card payments in the local currencies of 34 countries.






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