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US Consumers' FICO Score Hits Highest Since 2005

PYMNTS

WSJ states: "Early estimates suggest the average score has held steady through mid-October at the July level, which is the highest since FICO began keeping track in 2005.". 16 that retail sales in September exceeded those in August 2020 and September 2019. The average U.S. Commerce Department reported Oct. gross domestic product.

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Holiday Retail Sales To Hit Highest Since 2005

PYMNTS

Procrastinators and internet shoppers saved the day this holiday season, transforming what was a slow start into the best holiday season for retailers in years. That would represent the largest growth since 2005 when sales increased 6.1 Customer Growth Partners now expects holiday sales growth to come in at 4.9 percent, up from 4.1

Retail 116
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Reliance Industries Weighs Purchases Of Retailer, Delivery Companies

PYMNTS

India’s Reliance Industries is in talks to buy online furniture retailer Urban Ladder in a transaction valued at as much as $30 million, the Times of India reported on Monday (Aug. The company has been led by Mukesh Ambani since a 2005 quarrel among its late founder’s family members.

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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

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How the Mastercard/Visa Settlement with Retailers Could Remake the Payments Business

The Financial Brand

This article How the Mastercard/Visa Settlement with Retailers Could Remake the Payments Business appeared first on The Financial Brand. Settlement of a lawsuit that began in 2005 will shift the balance of power in how consumers pay merchants.

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Charm Pricing in Banking: How To Use The Left Digit

South State Correspondent

Charm Pricing in Banking We have all experienced what is known in the retail trade as “charm pricing.” For example, many banks have retail deposit account fees that end in “95.” Putting This Into Action Charm pricing can increase the perceived value of bank products and is commonly used by major retailers and banks alike.

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What Hurricanes Can Mean For Retailers

PYMNTS

After Hurricane Katrina hit Louisiana in 2005, residents in the area continued to deal with damage from the storm a decade later. While it’s impossible to predict the effects the hurricane will have on retail, a review of the damage from previous storms can shed some light on how hurricanes have historically affected retail businesses.

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