Governmental Notices December 5- December 11, 2015

Attached is our update of governmental notices that may be of interest to the membership and trade; among the items in this issue are links to: An Update on the Highway Bill with Increases to Customs User Fees; CPSC’s Proposed Rule’s Opportunity for Oral Presentation of Comments addressing the Products…

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Governmental Notices November 28th – December 4

Attached is our update of governmental notices that may be of interest to the membership and trade; among the items in this issue are links to: CPSC’s Proposed Rule regarding the Protection of Human Subjects and a Petition for Labeling Requirements Regarding Slip Resistance of Floor Coverings; CBP’s Rule addressing…

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Sales Jump on Acquisitions, but HBC’s Loss Missed Estimates, Lowers Forecast

Toronto and New York—While its recent European acquisitions helped with a 34% sales increase, Hudson’s Bay Company today reported an adjusted loss that missed analysts’ estimates. For the three months ended Oct. 31, the parent of Lord & Taylor and Saks posted a net profit was C$1 million, or 1 Canadian cent, compared with a […]

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Nearly One Out of Five Want to Shop on Christmas Day: Study

Cincinnati—Why wait until December 26? Throw the doors open on Christmas for returns and sales appears to be the message to retailers, particularly from Millennials. When LoyaltyOne Consulting, a firm specializing in assessing, designing and implementing analytics-driven loyalty and customer experience strategies, asked 1,267 American consumers nationwide in November what they would do if retailers […]

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EU Reforming Its Credit-Card Market While the U.S. Lags

Washington–As of this week, merchants and consumers in Europe will see some relief from the exorbitant fees paid to the credit card companies and banks to process debit and credit card transactions, which will help retailing prosper and save consumers a lot of money, according to the Merchants Payments Coalition. The 28 countries of the […]

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