Content about Fee

March 28, 2014

Wal-Mart Stores Inc. filed suit with the U.S. District Court for the Western District of Arkansas suing Visa for $5 billion, alleging that the financial services company overcharges on the credit and debit card swipe fees it charges retailer.

March 14, 2014

Amazon Prime’s recent decision to raise its annual membership fee probably didn’t come as a surprise to anyone within the online retail or subscription e-commerce industries. The company had been talking about increasing its subscription fees by $20 to $40 since at least January, so the biggest news might have been the price point Amazon chose.

January 17, 2014

The National Retail Federation (NRF) has asked an appeals court to uphold a judge’s ruling that the Federal Reserve set its cap on debit card swipe fees far higher than intended by Congress and that the cap needs to be recalculated at a lower level.

August 21, 2013

The National Retail Federation issued the following statement from VP for government affairs public relations J. Craig Shearman in reaction to the Federal Reserve’s announcement Wednesday that it will appeal a U.S. District Court judge’s ruling that the cap it set on debit card swipe fees in 2011 was too high.

May 23, 2013

A group of large U.S. retailers – including Macy’s, Target and J.C. Penney – filed suit against Visa and MasterCard on Thursday, abandoning a proposed $7.2 billion settlement reached last year over allegedly inflated credit card processing fees.

March 12, 2013

Costco Wholesale Corp posted a better-than expected 39% increase in quarterly profit, helped by increasing sales and a rise in membership fees.

January 30, 2013

Despite some groups’ claims, the National Retail Federation said that few, if any, merchants are expected to surcharge customers for using a credit card as theoretically allowed under a controversial proposed lawsuit settlement with Visa and MasterCard being debated in the courts.


November 9, 2012

The National Retail Federation said it will explore all legal options following a judge’s preliminary approval of a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.

November 9, 2012

Lawyers representing the National Retail Federation and many of the nation’s most prominent retail companies are set to appear in court today to ask a federal judge to reject a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.



November 1, 2012

The National Retail Federation and more than a dozen of the nation’s most prominent retailers today asked a judge to reject a proposed class-action settlement of a federal antitrust lawsuit, saying it would not bring credit card swipe fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

September 11, 2012

The National Retail Federation announced that its board of directors has authorized the Federation to go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over skyrocketing Visa and MasterCard credit card swipe fees that cost consumers hundreds of dollars a year.

November 23, 2011

A coalition of retail organizations, including the National Retail Federation, the Food Marketing Institute and the National Association of Convenience Stores, have filed a lawsuit charging that the Federal Reserve failed to comply with a new law requiring it to reduce fees bank charge retailers when shoppers use credit cards.

November 1, 2011

The Retail Industry Leaders Association on Tuesday issued a statement in response to Bank of America’s decision to abandon its plan to charge new fees on debit card users.

October 5, 2011

Costco Wholesale Corp. reported an 11% increase in its fourth quarter net income, below forecasts.

September 30, 2011

Retailers and their customers will save billions of dollars when new Federal Reserve regulations cutting debit-card swipe fees roughly in half take effect this weekend, the National Retail Federation said.

June 30, 2011

The National Retail Federation said Thursday that it is disappointed in the final debit card swipe-fee regulations set by the Federal Reserve.

June 9, 2011

On Wednesday, the Senate rejected the Tester-Corker amendment to delay swipe-fee reform.

May 9, 2011

A trustee for bankrupt retailers Movie Gallery and Hollywood Video reached an agreement on Thursday with all 50 states over how the defunct company collects late fees and other charges from its former customers, the Associated Press reported.

December 28, 2010

Smart phone Mobile Apps! Just like the accessibility of airplane travel for the masses revolutionalized the travel industry, smart phones will revolutionalize the retail industry.

November 18, 2010

BJ’s Wholesale Club plans to raise its annual membership fees by $5, to $50, and invest the increased revenues in store remodels.

June 24, 2010

The Retail Industry Leaders Association (RILA) applauded the inclusion of language to reform the swipe...

June 17, 2010

The National Retail Federation Friday launched a radio campaign urging the House and Senate to...

June 14, 2010

The National Retail Federation is continuing its rallying cry to make sure an amendment requiring...

December 14, 2008

Until a recent change in operations, Jack in the Box had a veritable recipe...

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