Retail Profits

The major US retail stores make the majority of their profits from their credit cards, not their merch sales →

https://marginalrevolution.com/marginalrevolution/2024/07/u-s-a-retail-fact-of-the-day.html

This is nuts, and you’ll want to read all the comments to get more details on it, and how it’s been this way for awhile. No wonder they push the cards so hard when you’re checking out.