FINANCE

NRF expresses support for Obama’s business tax reform

BY Staff Writer

Washington, D.C. — The National Retail Federation expressed its support for President Obama’s proposal for business tax reform, and pledged to work with the White House and Congress to win passage of legislation that would significantly lower rates in order to help retailers and other businesses create jobs.

“Tax reform is a monumental undertaking that can only be achieved with the backing of the President,” said NRF president and CEO Matthew Shay. “President Obama has put the power of his office behind this goal and made it clear we can no longer tolerate having American businesses saddled with the second-highest tax rates in the world. Lower taxes will make U.S. businesses more competitive at home and abroad, and will help create the jobs out-of-work Americans are looking to fill.”

The White House announced Wednesday that Obama will seek to reduce the current 35% top corporate tax rate to 28% in return for “broadening the base” by eliminating dozens of current tax credits and deductions. He also pledged to provide adequate transition periods to allow businesses to adjust to the new tax rules. But he also called for special benefits for manufacturing that would reduce that industry’s effective rate to 25%.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
OPERATIONS

Lowe’s names senior VP store operations

BY Staff Writer

Mooresville, N.C. — Lowe’s Cos. announced the promotion of Kevin S. Measel to senior VP store operations for the company’s West division. Measel replaces Jim Frasso, who retired from Lowe’s following a 17-year career with the company.

Measel has more than 28 years of retail experience in both store operations and merchandising, having served most recently as merchandising VP nursery.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Harp’s Food selects NCR POS checkout technology

BY Marianne Wilson

Duluth, Ga. — NCR Corp. announced that the company’s point-of-sale terminals will now be the preferred checkout technology at Springdale, Ark.-based Harp’s Food Stores, an employee-owned company, which operates 66-plus grocery stores in Arkansas, Missouri and Oklahoma.

NCR’s RealPOS 60 checkout terminals will be used in all new Harp’s stores and will replace checkout equipment at 10 existing Harp’s stores. The grocer chose the NCR technology due to its high serviceability, compact size and price-to-performance ratio.

The ability of the terminal to be mounted to a wall was also a key selling point for Harp’s.

“By allowing us to mount the terminal to the wall of our cashier stations, we are able to ensure the device is up and away from spills and this wall mounting allows us to maximize the use of space in this area,” said Mark Pierce, director of store systems, Harp’s Food. “Overall the NCR RealPOS 60 terminals provide an outstanding blend of performance and value.”

NCR RealPOS 60 has been pre-integrated and tested with the grocer’s existing point-of-sale software, NCR Advanced Checkout Solution.

In addition to the POS terminals, NCR will supply Harp’s stores with its RealPOS Dynakey, which allows cashiers to focus on customer interaction while minimizing mistakes that can cost time and lower customer satisfaction, and its RealPOS Cordless Handheld Imager, a cordless device allows cashiers to easily and quickly scan large, bulky or heavy items on the cashier belt or left in the shopping cart.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...