Content about Money

May 21, 2013
Family Dollar recognizes Trade Area Systems

Family Dollar presented its annual Strategic IT Partner of the Year award to Trade Area Systems at its IT Strategic Partner.

May 21, 2013
Google checks out on Checkout

Menlo Park, Calif. - Google will close down its Google Checkout online payment service for good in November of this year. The online service and technology provider says the move is part of a broader transition to its Google Wallet multichannel commerce platform.

April 26, 2013
Online sales tax bill moves forward in Senate

The U.S. Senate voted to move forward with the Marketplace Fairness Act, legislation that would allow states to force retailers to collect online sales taxes, if the states choose to do so.

March 25, 2013
Dollar General Q4 earnings rise; 635 stores on tap for fiscal 2013

Dollar General reported net income of $317 million for the quarter ended Feb. 1, compared with $293 million in the year-ago period, beating Wall Street expectations.

February 21, 2013
Survey details impact of payroll tax changes on retail

Nearly three-quarters (73.3%) of consumers say their spending plans are taking a hit due to the recent payroll tax changes, according to NRF’s 2013 Tax Returns Survey conducted by BIGinsight.

January 30, 2013
NRF: Retailers unlikely to surcharge for credit card use

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.


January 9, 2013
MasterCard Advisors: December total U.S. retail sales up 2.4% year-over-year

Total retail sales (excluding automotive) for December 2012 grew by 2.4% year-over-year, according to a SpendingPulse report released Wednesday by MasterCard Advisors, the professional services arm of MasterCard.

December 18, 2012
Capital One survey: Holiday shoppers buying with cash, debit

Survey results released by ING Direct – to be rebranded Capital One 360 in 2013 – found that most Americans are purchasing holiday gifts with cash or debit cards this year.

December 17, 2012
Gift card sales to top $110 billion

A report issued by CEB TowerGroup found that sales of gift cards will surpass $110 billion and spillage will drop 20% to $1.7 billion.

November 27, 2012
The Cash Office Goes High-Tech

Traditionally, cash office management and the reconciliation process have relied on manual procedures, such as counting currency and coin by hand, creating handwritten check deposits, and keying totals into the POS system. Many retailers have used the same cash office procedures for years, with the procedures inconsistently executed from store to store. Chain Store Age talked with Balance Innovations’ Janette Davis about how technology is bringing new efficiencies to cash office management.

November 26, 2012
Gift Cards: Tips and Best Practices for Successful Management

By Randy Frischer and Patricia Brandstetter

November 21, 2012
MasterCard Advisors: Hurricane Sandy takes a bite out of early November sales

Spending in most of the key holiday categories, for the first two weeks of the retail month of November was down on a year-over-year basis, according to a SpendingPulse report released by MasterCard Advisors, the professional services arm of MasterCard.

November 14, 2012
Gift card spending to reach record $28.79 billion

The National Retail Federation’s 2012 holiday consumer spending survey conducted by BIGinsight showed that 81.1% of shoppers will purchase at least one gift card and will spend an average of $156.86 on gift cards, the highest amount in the survey’s 10-year history.

November 2, 2012
Target unveils holiday gift card assortment; includes digital option

Target Corp. unveiled its lineup of gift cards for the upcoming holiday season.

October 25, 2012
’Tis the Season

By Mark Putman

Perhaps no time of year epitomizes the evolving trend of the integrated consumer buying experience more than the holiday season. Buyers are quickly realizing that rather than spending hundreds on gifts destined to be quietly returned come January 2013, the most efficient use of their money centers on gift cards and other prepaid methods that offer the recipients flexibility and choice. 

October 24, 2012
The Body Shop launches eGift card program from CashStar

The Body Shop launched a new earth-friendly eGift Card service powered by CashStar, a digital gifting and incentives company.

October 22, 2012
Giftango and Burger King partner on digital gift card program

Digital gift card provider Giftango Corp. announced a partnership with Burger King Worldwide to launch the BK digital gift card program, which will allow customers to redeem BK Crown Cards from web-enabled mobile devices, including iOS 6 and Android phones, at participating U.S. Burger King restaurants.

October 15, 2012
V.me by Visa and 1-800-Flowers.com team for online checkout

Visa Inc. and 1-800-Flowers.com said that V.me by Visa will be offered as a checkout option on the florist’s site, making the digital wallet service more broadly available so more consumers can purchase online by simply entering a username and password.

September 12, 2012
Family Dollar to settle with New York store managers for $14 million

Family Dollar Stores said it plans to settle a class-action matter with more than 1,700 New York store managers who filed suit on claims of unpaid overtime wages.

September 5, 2012
Dollar General Q2 profit jumps 47%; raises fiscal year forecast

Dollar General Corp. said it had earned a better-than-expected $214.1 million in the second quarter, ended on Aug. 3, up from $146 million a year earlier.

September 4, 2012
Whole Foods launches green gift card program

Whole Foods Market said that it has launched two new eco-friendly gift cards, with plans to replace the recycled plastic cards that will be phased out over time.

August 29, 2012
Walmart to offer cardholders gasoline discount through Dec. 24

Walmart will offer holders of its gift cards, credit cards and prepaid debit cards a discount on gasoline of up to 15 cents a gallon until Dec. 24, 2012.

August 15, 2012
Focus on: Gift Cards

Retailers looking to add sparkle to this year’s Christmas season may want to take a new look at their gift card programs. Last year, more than half of consumers bought at least one gift card for the holidays, according to a report from First Data Corp., an Atlanta-based e-commerce processor.

Indeed, consumers seem to be taking more of a shine than ever to these types of spending vehicles.

July 26, 2012
Research report: Most retailers plan to use mobile gift cards

Research released Thursday by Transaction Wireless and Aberdeen Group, which examined the benefits of mobile and digital gifting and emerging trends in mobile and social frontiers, found a shift toward digital gifting.

July 17, 2012
Stater Bros. names CFO

Grocery chain Stater Bros. Markets said it has promoted David Harris to the position of senior VP finance, CFO and principal accounting officer.

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