News@Nine THURSDAY 30TH JUNE 2016
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Visa countersues Wal-Mart in debit card PIN vs signature case

30 June | 12:07 AM | | Business News

Visa Inc filed a lawsuit against Wal-Mart Stores Inc on Wednesday, claiming the retailer secretly began testing a protocol that eliminated the need for signature verifications for transactions paid for with a Visa debit card. The lawsuit comes about a month after Wal-Mart had sued Visa saying the payments network operator was resisting the use of personal identification numbers (PINs) by customers for purchases made on debit cards at Walmart stores.

Wal Mart logo


Pier 1 shares drop 6% on bigger than expected loss

Pier 1 Imports reported a wider-than-expected loss on Wednesday, pushing shares sharply lower in after-hours trading.

Morrisons - bags and store

Morrisons plans to complain about another Aldi advert

Supermarket Morrisons says it plans to make a fresh complaint to the Advertising Standards Authority about discount chain Aldi.


Kanye West's new deal with Adidas to open stores is set to make a LOT of money for the star

Kanye West's new partnership with Adidas could allegedly make the star a BILLION dollars. According to TMZ star, the rapper announced on Wednesday he's penned a new deal to start building the Yeezy empire with retail shops stocking hawk shoes, apparel, and accessories.

My Tube: Highlights from the Louis Vuitton Men's Spring-Summer 2017 Fashion Show
Highlights from the Louis Vuitton Men's Spring-Summer 2017 Fashion Show


Dixons Carphone sees Brexit as its chance to steal march on rivals

Dixons Carphone is plotting to profit from potential Brexit upheaval and win market share from smaller rivals.


Brexit Vote Sends Tourists Flocking to London to Purchase Luxury Goods

By voting to leave the European Union, Britons have delivered a potential windfall to tourists eager to snatch up Burberry trenchcoats, Harrods Stilton and Liberty scarves on the cheap.

Harvey Nichols

The fashion industry has hit negative growth for first time in six years

The fashion industry is in negative growth for the first time in six years, as the high street struggles with retail failures and declining footfall. Figures from Kantar Worldpanel show a 0.1 per cent fall in the spend on fashion goods such as clothing, footwear and accessories in the year to 5 June.

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