Credit, Debit Card “Swipe” Fees Hit Record $187.2 Billion

Led by Visa and Mastercard once again, credit and debit card “swipe” fees reached another record last year, driving up consumer prices and further showing the need for Congress to pass the Credit Card Competition Act (CCCA), according to the Merchants Payments Coalition.

NSSRA Makes Changes to Board of Directors

The National Ski & Snowboard Retailers Association (NSSRA) selected Robb Shepherd of Shepherd & Schaller Sporting Goods (Wausau, Wisconsin) as Board Chair, Jon Morrill of Kittery Trading Post (Kittery, Maine) as Vice Chair and Stefan Hausberger of Zimmermanns Skis, Boards & More (Nashua, New Hampshire) as Secretary/Treasurer at its Board of Directors meeting on March 18, 2025.

US Census Monthly Retail Trade Report – December 2024

According to the US Census Bureau’s Monthly Retail Trade Report, sales for sporting goods stores during the month of December 2024 reached $7.1 billion, representing an increase of 0.9 percent compared to the prior year. 

Corporate Transparency Act Requirements Reinstated

The roller-coaster ride with the Corporate Transparency Act continued February 18 as a District Judge in Texas lifted the temporary injunction preventing the Financial Crimes and Enforcement Network (FinCEN) from enforcing Beneficial Ownership Information (BOI) reporting.

Holiday Season Retail Results Reveal Growth in Line with Expectations 

With another holiday season come and gone, the National Sporting Goods Association (NSGA) has been keeping note of the holiday sales results released by multiple organizations. The overall sentiment from the retail holiday results is modest growth for this past season in line with forecast expectations and inflation.