Star Tribune
Star Tribune
March 17, 2013“Successful Minnesotans have long headed to Florida’s Gulf Coast to escape the cold, and many go into business once they get there.” Check out this Star Tribune article featuring Traditions’ owners Mike and Suzanne Schumann, and many other successful snowbirds who now call Southwest Florida home.
St. Louis Park Magazine
St. Louis Park Magazine
February 2013Looking for some design tips? Look no further! Our very own designer Carolynn Lund recently shared with St. Louis Park Magazine a few tips on transforming a small house into a big design success that is not only stylish, but functional too!
Pioneer Press
Pioneer Press
February 2, 2013In a February Pioneer Press article, highlighting some of St. Louis Park’s unique retail gems, Traditions was deemed a retail hot spot on Excelsior Boulevard. The “home store at the intersection of Joppa Avenue South, sells built-to-last, stately and contemporary furniture.”
North Oaks Holiday Home Tour
Minneapolis Star Tribune
November 25, 2012Traditions designer Rhonda McElroy help decorate long time customer Linda Pederson’s home for the North Oaks Holiday Home Tour this fall. This Minneapolis Star Tribune feature article showcases the two homes on the tour and gives you some great holiday decorating tips.
Home Furnishings Business
Home Furnishings Business
October 2012Check out Home Furnishings Business October Look Book article attributing Traditions’ growth to our ability to get on our high-end clientele’s “bee path,” and an unwavering commitment to maintaining our merchandising philosophy.
Visa / MasterCard Antitrust Suit Settled
On Friday July 13, 2012 Visa and MasterCard agreed to settle the class action antitrust litigation that Traditions and four other retailers filed over 7 years ago. The $7.25 Billion agreement is the largest antitrust settlement in history. In addition to the payment of damages, Visa and MasterCard have agreed to eliminate rules that prohibited merchants from steering customers towards using lower cost forms of payment, and will permit merchants to institute surcharges to recover the costs associated with credit card acceptance.
While it remains to be seen if credit card surcharges become commonplace, the potential threat that retailers will institute these fees will provide a very powerful economic incentive for Visa and MasterCard to reduce the costs imposed on merchants for credit card transactions.
The Wall Street Journal
Saturday July 14, 2012St. Paul Pioneer Press
Saturday July 14, 2012Star Tribune
Saturday July 14, 2012KARE 11 5PM News
Saturday July 14, 2012KARE 11 10PM News
Saturday July 14, 2012Naples Daily News
Wednesday July 18, 2012Furniture Today
Tuesday August 21, 2012Star Tribune
Saturday Oct 20, 2012Newsmakers interview with Jeff Lytle
ABC 7 News, Naples, FL
Sunday Nov 25, 2012
Credit Card Fees Squeeze Retailers
The Wall Street Journal
Thursday July 12, 2012An interesting Wall Street Journal article featuring Traditions, discussing the costs incurred by retailers when accepting Visa, Master Card, or American Express cards and the escalating costs of interchange fees charged by banks for credit card transactions.
Traditions Celebrates its 25th Anniversary
Mpls St. Paul Business Journal
Friday May 25, 2012An overview of Traditions’ 25 year history as a high end fashion forward home furnishings retailer and how Traditions has been able to survive some very challenging economic times.
Traditions Files Antitrust Suit against Visa and MasterCard
On Wednesday June 22, 2005, Traditions, along with four other retailers, filed a Class Action Antitrust Lawsuit against Visa, MasterCard, and numerous large national and international banks, including Bank of America, JP Morgan Chase, Citigroup, MBNA, and Wachovia, alleging price fixing in the setting of interchange fees charged to merchants for accepting Visa and MasterCard credit card transactions. These articles provide background on the issues at stake and discuss the potential impact of this lawsuit on the banking and retail industries:
The Wall Street Journal
Thursday June 23, 2005St. Paul Pioneer Press
Friday June 24, 2005Naples Daily News
Friday July 1, 2005The New York Times
Thursday October 6, 2005
