Issue 02-27-2023 Archives - Page 2 of 2 - MMR: Mass Market Retailers

Consumers are ‘vastly overestimating’ grocers’ profit margins

February 27, 2023 by MMR dunnhumby Consumer Trends Tracker, grocers, profits 2023, Issue 02-27-2023, Issues

CHICAGO — Americans have an exaggerated perception of food retailers’ profit margins and overestimate the impact of inflation on grocery prices, according to a new report. According to the latest dunnhumby Consumer Trends Tracker, U.S. consumers think the net profit margin for grocery retailers is 35.2%, or 14 times higher than the 2.5% margin actually

China UnionPay viewed as threat

February 27, 2023 by MMR Credit Card Competition Act, Merchants Payment Coalition, opinion, U.S. House committee, UnionPay 2023, Issue 02-27-2023, Issues

WASHINGTON — The Merchants Payment Coalition (MPC) has sent a letter to a U.S. House committee urging passage of the Credit Card Competition Act as a way of limiting Chinese involvement in industry groups that set security standards governing U.S. credit and debit card networks. The letter to members of the Financial Services Committee was