News

What happens to a store when the owner dies?

Ray Gronevelt and Mike McDonald, both financial planners with AAA Michigan, provided the following answer to this important question.

Every retail business should have a plan that ensures the business is secure in the event an owner or a partner dies unexpectedly or becomes permanently disabled and can no longer participate in the business.

Apple Pay changing payments landscape

Early signs point to ApplePay indeed becoming the predicted “rising tide” that floats all payment boats, at least the contactless ones.

With the recent rollout of Apple’s new iPhone 6 and 6 Plus,

Retailers praise lawmakers for passage of Main Street Fairness

LANSING – James P. Hallan, president and CEO of Michigan Retailers Association (MRA), issued the following statement following legislative approval of Michigan Main Street Fairness legislation that MRA has strongly advocated for years:

“We are extremely pleased that lawmakers passed Main Street Fairness legislation,

Governmental Affairs News: December 19, 2014

Lame-duck session ends after passing Main Street Fairness

The 97th Michigan Legislature wrapped up its lame-duck session shortly before 7 a.m. today and delivered a huge victory for retailers before adjourning.

Green flag is out for holiday shopping

LANSING – Conditions are good for the official start of the holiday shopping season (regardless of whether it begins on Thanksgiving or the day after): brisk weather, lower gasoline prices,

What to know about increasing store hours

An Arthur Andersen study showed that most small stores are open about 50 hours a week, with 10 of those hours outside the 9:00 a.m. to 5:00 p.m. window.

With the rise in two-income and single-parent households,

2014 Election Results: November 6, 2014

Voters agree Gov. Snyder earned four more years

Few experts imagined the governor’s race would be among the earlier calls of the night, but news outlets began projecting Republican Gov.

Michigan retailers’ holiday sales forecasts blend optimism and caution

LANSING – Michigan retailers expect better holiday sales this year, their forecasts a blend of optimism and caution, according to the Michigan Retail Index, a joint project of Michigan Retailers Association (MRA) and the Federal Reserve Bank of Chicago.