News

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.

Lynch Sales Company receives Centennial honors

GRAND RAPIDS, MI – Michigan Retailers Association (MRA) presented a special plaque and certificate to Lynch Sales Company in Grand Rapids in honor of the company’s 100th anniversary.

MRA President and CEO James P.