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Retailers hoping credit card changes will swipe away fraud
Suzanne Mason RetailAccording to Verizon's 2013 Data Breach Investigation Report, 24 percent of data breaches happened in the retail industry. Although the percentage is relatively low, credit card giants Visa and MasterCard are pushing a major change in credit cards as we know it.
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The View from Europe: Supermarkets showing a natural confidence
Andrew Gaved ManufacturingThe supermarket sector in Europe has long been viewed as a driver of change in the world of refrigeration. European supermarkets are often large companies or co-operatives, which provides a naturally dominant position to all their supply chains. But arguably more than any other large companies, food retailers are constantly face-to-face with their customers, as well as their shareholders.
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How to best leverage advisors for your business: Part I
David B. Mandell, JD, MBA Business Management, Services & Risk ManagementMost people realize that success creates complexity. What top practice owners and managers have realized is that the management of complexity and leverage is not the job of a traffic cop. As a practice grows, the number of complicated, technical risks that the practice faces also grows exponentially.
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Stop discounting: 5 easy tips to sell at a premium price
Marc Wayshak RetailHave you ever discounted your price in order to close a deal? Have you ever touted lower prices in order to get a foot in the door? Then you are in the vast majority of companies that view discounting as a necessary evil.
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Cross-cultural approach to small business marketing
Clarice Brough MarketingThe demographic landscape is changing in the United States, and so too in the world of retail. Traditional marketing evolved over decades to engage a number of diverse nationalities. But the number of nationalities comprising Latinos, Asians and other minorities, as well as multiracial Americans is growing and expanding.
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Top wine trends for 2014
Bambi Majumdar Food & BeverageWine consumption and revenue figures have been on a steep rise for the last decade. Even the recession could not make much of a dent in the numbers, and the industry seems to have become even more robust than before.
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The View From Europe: Fridge doors debate heats up
Andrew Gaved ManufacturingThe so-called "doors on fridges debate" has been a constant and at times controversial discussion in the United Kingdom. In the last three or four years, it has often pitted supermarket refrigeration engineers against their retail merchandising colleagues.
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Sometimes it’s better to ask for forgiveness than permission
Harry J. Friedman RetailIf there is an issue of concern that is affecting your store, there is a logical channel to follow in the organization to seek resolution. But if the channel is closed to you, or if upper management is not responding to your requests, what do you do?
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Is CVS blowing smoke about cigarettes?
Jason Poquette PharmaceuticalCVS Pharmacy has been on the front page of the health section of every major newspaper since the company announced recently its decision to stop carrying tobacco products in stores. As a pharmacist who has spent the vast majority of his career in the retail space, I must admit I have surprisingly mixed feelings about this move.
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Success factors of green spas
Beatrice (Vallant) HocheggerFor spa owners or managers who decide to go green, there are many important aspects worth taking into account. The aim of this article is to draw attention to crucial factors that contribute to the success of sustainable spa operations.
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