NEW YORK – U.S. chain-store sales posted a gain of 3.2 percent for the fiscal month of May on a year-over-year basis, the strongest gain since January's 4.5%, according to a tally of comparable-store sales compiled by the International Council of Shopping Centers (ICSC.)
NEW YORK — Retail chain stores in the United States posted a modest gain of 1.7 percent for the fiscal month of February on a year-over-year basis, according to a tally of comparable-store sales compiled by the International Council of Shopping Centers (ICSC).
Chart: SageWorks, Inc. Data: U.S. Department of Energy
NEW YORK CITY — Financial information firm SageWorks points out despite the high price of gas, just how little gas station dealers (franchisees) make on pumping gas compared to all other types of private companies.
ALEXANDRIA, Va. — Visa, MasterCard and major banks announced on July 13 that they had entered a memorandum of agreement to pay $7.25 billion to settle a seven-year lawsuit with retailers and merchants over card swipe fees.
Franchisee Vincent Tan, Malaysian’s ninth-richest person, is looking to sell 49% of his 7-Eleven Malaysian franchise, which operates more than 1,300 convenient stores, generating revenue of US$432.8 million.
The U.S. Consumer Financial Protection Bureau has told at least four banks that it may sue them over vehicle loans and interest-rate markups by auto dealers that appear discriminatory, according to three people briefed on the matter.
In the next few weeks, Dish Network Corp plans to close approximately 300 underperforming Blockbuster stores, resulting in 3000 employees losing their jobs. After the closures, Blockbuster will be left with only 500 locations in the U.S., 26 in Colorado where it is headquartered.
While all Australians are now being ripped off by the introduction of a ‘carbon tax’, business has been warned not to use the tax as an excuse to hike up prices unless they can back it up and definitely do not blame the federal government for price hikes.