News

Retailers applaud Gov. Snyder’s signing of Main Street Fairness legislation

LANSING – Michigan’s retail industry applauded Gov. Snyder’s signing today of the Main Street Fairness bills and said the new law marks a giant step forward in leveling the retail playing field for Michigan businesses competing against out-of-state online merchants.

Defining a good profit margin

Although a retail store’s typical initial markup on merchandise could be 40 percent or more, actual profitability takes into account all expenses, such as payroll, rent, utilities, insurance and advertising.

MRA promotes credit card processing expert

LANSING – Michigan Retailers Association (MRA) announced the promotion of Darcy Gates CPP, one of MRA’s expert staff members in the increasingly complex merchant processing arena, to Manager of Sales Support.