Category Archives: Finance

Is cash still king?

Be the first to comment | Also posted in Economy |

We are fast approaching the holiday season. This reminds me of my baby boomer childhood, when a holiday visit by my grandparents would invariably end with grandma or grandpa pulling some coins out of their pockets – a dollar if we were lucky – for each of us seven kids. Back then, cash was king […]

Also posted in: Economy Tagged , , , , , , |
Interact: Permalink | Post a comment
Share:

With the banking industry trying to kill swipe fee reform scheduled to take effect this summer, NRF has created a new video that explains how the fees drive up prices for consumers and why they need to be brought under control. “This is a debit card,” NRF Senior Vice President and General Counsel Mallory Duncan […]

Also posted in: Public Policy | Video Tagged , , , , |
Interact: Permalink | Post a comment
Share:

We likely all agree that less is more when it comes to taxes. But since legislative jargon can be hard to decipher for those outside the Beltway, I tracked down NRF Tax Counsel Rachelle Bernstein to get a better understanding of the exact ways the tax extenders bill, currently lying in wait before Congress, can […]

Also posted in: Public Policy Tagged , , , , , , , , , , , |
Interact: Permalink | Post a comment
Share:

Facing difficult economic times and a cautious consumer in 2009, many retailers focused their efforts on cutting costs in order to survive. Most are now in a significantly more stable position than a year ago and working to sustain their efforts to maintain a competitive edge. In one of the final sessions of Retail’s BIG […]

Also posted in: Education | Events | Retail Companies Tagged , , , |
Share:

This week the “Retail Horizons: Benchmarks and Forecasts” survey was released by the NRF Foundation and new partner KPMG. On Tuesday afternoon, executives from Saks Fifth Avenue, Charming Shoppes and L.L.Bean met on a panel to discuss the survey’s findings and how their companies are managing on some of the survey’s key issues.  The report […]

Also posted in: @NRF | Education | Events | Marketing | NRF Foundation | Research | Technology Tagged , , , , , , , , , |
Interact: Permalink | Post a comment
Share:

The New York Times today did an excellent job of explaining the complicated issue of credit and debit card interchange fees. The Times focused on debit cards in a Page One story titled How Visa, Using Card Fees, Dominates a Market, then addressed interchange more broadly in a video on its web site titled Visa […]

Also posted in: Public Policy | Video Tagged , , , , , , , , , , , |
Interact: Permalink | Post a comment
Share:

As was the case in November, many of December’s most popular pages on NRF’s website were holiday-related, but a big wave of people also headed to NRF’s Annual Convention website, whose pages garnered thousands of hits from people planning their trip to the BIG show in the Big Apple. In the event that you managed […]

Also posted in: @NRF | eCommerce | Events | Holidays | Marketing | Research | Retail Companies Tagged , , , , , , , , , , , , , , , , , , , , , , , , , |
Interact: Permalink | Post a comment
Share:

In the last six months, retail executives (particularly those in audit and IT) have been closely following the debate over changes made to MasterCard’s Site Data Protection (SDP) Program in June 2009. The changes focused on a key area of achieving PCI compliance: the option to have the PCI DSS Attestation of Compliance for Onsite […]

Also posted in: Public Policy | Technology Tagged , , , , , , , , , , , |
Share:

You’ve probably heard by now that CIT Group filed for bankruptcy protection over the weekend. But despite all the hype about this being one of the biggest corporate bankruptcies in U.S. history it looks like most retailers may have dodged a bullet. CIT is important to the retail industry because it provides specialized “factor” financing […]

Also posted in: Public Policy Tagged , , , , , , , , |
Interact: Permalink | Post a comment
Share:

Leases are one of the most complex areas in accounting. There are renewal options, rent holidays, sale-leaseback transactions, executory charges, short-term leases, long-term leases, contingent rentals, and on and on.  Imagine trying to figure out how to account for all of these in your financials… Those in the finance and accounting world have known for […]

Posted in: Finance Tagged , , , , , , , , , , , |
Interact: Permalink | Post a comment
Share: