Retailers Rush To Adapt Before Tax Hike

Retailers rush to adapt before tax hike

Small retailers in Japan are scrambling to replace their cash registers, in the lead-up to a hike in the consumption tax.

Stores will need models that can handle two different tax rates to be introduced from October 1. Shoppers will be charged 8 percent for food and non-alcoholic beverages and 10 percent for other items. Large retailers like convenience stores don't need to make the switch, as they do their transactions online. But many small businesses have to adapt.

Retailers Asked To Sign Up For Rebate Program

Retailers asked to sign up for rebate program

Cashless payment service operators in Japan are urging small and medium-sized retailers to register for a government-subsidized rebate program that will launch in October along with a planned consumption tax hike.

Flea market app Mercari's mobile phone payment service, Merpay, carried out a campaign earlier this month in a shopping district in Tokyo to encourage retailers to sign up.

Sony Will No Longer Allow Retailers To Sell Ps4 Digital Game Codes

Sony Will No Longer Allow Retailers To Sell PS4 Digital Game Codes

This was ideal for customers who would prefer not to hand over payment information like credit card details to companies such as Sony. Unfortunately, that will no longer be an option. Speaking to The Verge, Sony has confirmed that starting 1st of April, retailers will no longer be able to sell digital game codes for the PS4.

A company spokesperson was quoted as saying, “We can confirm that as of April 1, 2019, Sony Interactive Entertainment will no longer offer full games through SIE’s Global Digital at Retail program. This decision was made in order to continue to align key businesses globally. To support full games and premium editions, SIE will introduce increased denominations at select retailers. DLC, add-ons, virtual currency, and season passes will still be available.”

Diablo 3 For The Nintendo Switch Listed On Retailer's Website

Diablo 3 For The Nintendo Switch Listed On Retailer's Website

Will they? Won't they? That is the question that some gamers are trying to figure out because according to the rumors, Diablo 3 for the Nintendo Switch is in the works. However Blizzard seemed to have dashed the hopes of many when they said they had nothing to announce regarding Diablo on the Switch.

Despite the somewhat official stance, the rumors have persisted and now according to a listing on retailer Coolshop which is based in the UK, Diablo 3 for the Nintendo Switch has been spotted yet again. Now it is possible that Coolshop is simply listing the game based on the rumors and is trying to get ahead of the competition.

Us Retailers Reportedly Looking To Phase Out Cd Sales

US Retailers Reportedly Looking To Phase Out CD Sales

How do you purchase your music or movies these days? Given how much more convenient digital purchases are (you can buy and listen/watch it right away), it's not surprising that more people are turning to digital versus purchasing physical copies or their music and movies, and it looks like retailers are picking up on that.

So much so that according to a report from Billboard, retailers in the US are looking to phase out the sales of CDs. The report claims that Best Buy, who used to be the most powerful music merchandiser in the US, has told music suppliers that they will pull CDs from its stores starting from the 1st of July, 2018. Apparently CD sales for the retailer has dropped to $40 million annually, which we guess isn't enough for them.

Retailers Tailor Wardrobes For Business

Retailers tailor wardrobes for businessMore women hold management and administrative positions these days, boosting demand for business clothes such as functional jackets for work and smart dresses for social events. Retailers are presenting a series of new items and setting up special areas to meet the needs of working women.

Nec Launches New Dcmstar/chainstore Solution With Enhanced Functionality For International Chain Retailers

NEC launches new DCMStar/ChainStore solution with enhanced functionality for international chain retailersNEC Corporation (NEC; TSE: 6701) today announced the launch of a new addition to its lineup of DCMStar/ChainStore solutions for international retailers (chain stores) in the Asia Pacific (APAC) region and elsewhere. Primary functions of the new product include the provision of product order recommendations, a function providing real-time access to sales and inventory information from each store, and a CRM function that can be used to implement a wide variety of point card services.