KHD Buzz – Card Companies Delay Fee Hikes, Future’s Not Bright for US Malls and More

KHD Buzz – Card Companies Delay Fee Hikes, Future’s Not Bright for US Malls and More

March 22, 2021 Off By Koehler Home Decor

Visa and Mastercard Delay Merchant Fee Hikes

After receiving criticism from members of Congress, Visa and Mastercard announced that they would delay their plans to increase interchange fees on card transactions. Both companies have agreed to stall any increase in the fees retailers pay until at least April 2022. Read More

Nordstrom Launching Live Shopping Channel

To boost online sales, Nordstrom has announced the launch of its own Livestream Shopping site. The store intends to host a series of beauty-related shows, including Q&A sessions with celebrity makeup artists and fashion advice shows on how to wear brands like Burberry. Read More

Report Predicts Gloomy Future for US Malls

According to a new report from Coresight Research, one out of every four shopping malls in the United States will close over the next five years as customers increasingly shop online or at non-mall locations. Read More

Unilever: No More Normal

Unilever has revealed that the word “natural” will no longer be used on product packaging to describe hair or skin types. “The decision to eliminate ‘normal’ is one of many steps we are taking to challenge narrow beauty standards as we strive to end discrimination and advocate for a more inclusive view of beauty,” read a statement released by Unilever.

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