Retail TouchPoints

SEPTEMBER 15, 2020

With record-setting online sales looming on the horizon for the holiday season, retailers also are bracing for an onslaught of online returns. Those retailers selling primarily or exclusively online are expecting a corresponding hike in the volume of returns, but not much difference in the return rates they have become accustomed to.

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Returns Merchant Services Shipping Location 178

Retail TouchPoints

APRIL 21, 2021

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% The wallets are expected to unseat credit cards as the preferred online payment method in the coming years, according to the FIS Global Payments Report 2021. share of ecommerce payments. of ecommerce spend.

Merchant Services 288

Merchant Services Payment Services Checkout Accounting 288

Retail TouchPoints

JULY 7, 2020

E-Commerce spending has grown by more than 30% , cementing consumer expectations for flexibility, choice and convenience. While we shouldn’t expect online sales to remain at their peak levels when the safety risks of in-person shopping dissipate, merchants cannot hope to weather the storm and return to business as usual.

Merchant Services 192

Merchant Services Payment Services Point of Sale Consumer 192

A1 Retail

DECEMBER 2, 2021

Fintech unicorn and payment processor, Mollie, reveals trends for small and medium-sized merchants during Black Friday, Cyber Week and Cyber Monday. The analysis spans tens of thousands of merchants across Europe, primarily from Germany, U.K., Payment methods and merchant performance.

Merchant Services 81

Merchant Services Payment Services Sporting Goods Accessories 81

Retail TouchPoints

NOVEMBER 16, 2022

Last year, consumers reported spending more than $23 billion shopping small on Small Business Saturday, and we want to exceed that in 2022.”. Amex also has partnered with musical artist Chlöe Bailey to create a “Shop Small Soundtrack” that TikTok users can add to their content. small business owners.

Merchant Services 241

Merchant Services Finance Advertising Marketing 241

Retail TouchPoints

JANUARY 5, 2021

There were fewer last-minute shoppers in 2020 compared to 2019,” said Hilding Anderson, Senior Director of Strategy & Consulting at Publicis Sapient in an interview with Retail TouchPoints. “ 3 shopping day in 2019. It changed consumer behavior and resulted in new buying habits.” 11 through Dec. 24, 2020), or 2.4%

Drop-Shipping 253

Drop-Shipping Merchant Services Returns Shipping 253

A1 Retail

NOVEMBER 18, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 per cent (compared to 2019) as Christmas shopping gets underway. The quarterly SME Barometer combines billions of merchant transactions, processed by Barclaycard Payments, with research data to provide an in-depth look at the UK SME economy .

Merchant Services 75

Merchant Services Payment Services Consumer Shopping 75

A1 Retail

MAY 17, 2021

Industry Analysis: Payment solutions company, UTP Group, reveals consumer spending is up by a third (32%) since restrictions eased compared to same period in April 2019. By contrast, lodging hotels and motels are down 51% in the same period in April 2019.

Merchant Services 79

Merchant Services Consumer Payment Services Outdoor 79

Retail TouchPoints

OCTOBER 6, 2022

Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). In fact, McNamara noted that Mastercard predicts a comeback for Black Friday 2022, with total sales exceeding 2019 results.

Merchant Services 238

Merchant Services Payment Services Promotions Location 238

Retail TouchPoints

OCTOBER 21, 2021

In the world of ecommerce, Google is a bit of an anomaly: while a relatively minor player in the marketplace landscape compared to giants like Amazon and eBay , it is at the same time central to the shopping journeys of millions of consumers every day. We’re Not a Retailer, We’re Not a Marketplace’.

Merchant Services 293

Merchant Services Advertising Shopping Drop-Shipping 293

Inside Retail

DECEMBER 1, 2021

billion on 2019. billion on 2019. billion (+6 per cent on 2019), while Alibaba was at number 8 with US$110.4 In some instances, the diminution in power led to attempts to pivot, for example by leveraging digital infrastructure to turn shopping centres into online marketplaces and food delivery services.

Merchant Services 130

Merchant Services Payment Services Net Profit Sporting Goods 130

A1 Retail

MAY 26, 2021

New Klarna research reveals emerging shopping trends as expectations of returns soar and patience wanes. Eight in ten (82%) consumers say retailers need to improve their returns capabilities. Slow refund processes cited as the most frustrating element of returning items bought online, according to 36% of consumers**.

Merchant Services 40

Merchant Services Returns Payment Services Consumer 40

Inside Retail

OCTOBER 21, 2021

The online payments provider hopes to successfully negotiate and announce a deal by the time it reports quarterly earnings on Nov. The payments behemoth was among the big winners of the Covid-19 pandemic, as more people used its services to shop online and pay bills to avoid stepping out. 8, the source added.

Merchant Services 130

Merchant Services Payment Services Social Commerce Returns 130

Retail TouchPoints

JULY 30, 2020

Households with children in elementary and high school are set to spend an average of $789.49 , far exceeding the 2019 record of $696.70. Only consumers only had 17% of their shopping done by early July, and 54% said they held off on spending because they didn’t know what they needed. per family, up from $976.78 — another record.

Merchant Services 248

Merchant Services Advertising Apparel Planning 248

Inside Retail

APRIL 15, 2021

per cent in 2019 — to sit almost 10 points ahead of the overall market. Assuming Australia continues to manage the virus successfully, we will continue to see an exuberant return to physical retail spaces. Consumers are doing as much as possible through digital and contactless channels, even when shopping in-store.

Merchant Services 130

Merchant Services Payment Services Shopping Customer Experience 130

Inside Retail

JUNE 13, 2023

We speak with Yoox Net-a-Porter’s APAC general manager Natalie Lee about the resilience of luxury spending amidst an economic downturn, the importance of localisation, personalisation and incredible customer service, and how the company is using technology to improve the way it operates. How do you plan to leverage them?

Merchant Services 245

Merchant Services Payment Services Fashion Customer Experience 245

A1 Retail

NOVEMBER 29, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 per cent (compared to 2019) as Christmas shopping gets underway. The quarterly SME Barometer combines billions of merchant transactions, processed by Barclaycard Payments, with research data to provide an in-depth look at the UK SME economy.

Merchant Services 40

Merchant Services Payment Services Consumer Shopping 40

VMS

AUGUST 11, 2021

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. percent versus July 2019. grew for the 11 th consecutive month in July, according to Mastercard SpendingPulse , which measures in-store and online retail sales across all forms of payment.

Jewelry 72

Jewelry Merchant Services Payment Services Department Stores 72

Mass Relators

MARCH 9, 2022

consumer spending maintained its positive momentum in February, according to Mastercard SpendingPulse, which found that overall retail sales (excluding auto) increased 8.7% compared to pre-pandemic (2019) spending levels. compared to pre-pandemic levels, driven by consumers resuming in-person activity. PURCHASE, N.Y. —

Merchant Services 52

Merchant Services Payment Services Department Stores Jewelry 52

Store Growers

JUNE 24, 2023

Last Updated on July 3, 2023 Ecommerce merchants are no strangers to using Google Merchant Center. This powerful platform lets merchants manage, modify, and adjust their ecommerce shops across Google’s various services, such as Google Shopping, Ads, My Business, etc. First, log in to Google Merchant Center.

Merchant Services 36

Merchant Services Drop-Shipping Shipping Accounting 36

Mass Relators

MAY 6, 2021

retail sales had another month of double-digit growth in April, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. compared to April 2019. Mastercard SpendingPulse reports on national retail sales across all payment types in select markets around the world.

Merchant Services 59

Merchant Services Payment Services Department Stores Jewelry 59

Retail TouchPoints

OCTOBER 29, 2020

Economists are predicting a flat or modest increase in holiday sales compared to 2019, but they expect a big increase in online holiday shopping. vs. 2019, when sales amounted to $145 billion. Consumers love it because they avoid shipping fees and delays, since the goods are often available within an hour of making an order.

Merchant Services 152

Merchant Services Accounting Shipping Returns 152

365 Retail

AUGUST 10, 2021

Klarna , the global banking, payments and shopping service, is launching an experiential activation in the heart of Manchester to raise awareness amongst consumers and influencers regarding social media advertising guidelines.

Consumer 64

Consumer Merchant Services Advertising Payment Services 64

A1 Retail

AUGUST 24, 2021

The quarterly SME Barometer combines billions of merchant transactions, processed by Barclaycard Payments, with research data to provide an in-depth look at the UK SME economy. More than four in 10 plan to hire additional staff over the next 12 months in a sign of positivity for the future.

Merchant Services 75

Merchant Services Payment Services Returns Outdoor 75

365 Retail

MAY 7, 2021

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. In fact, recent figures showed that footfall in physical stores dropped by a whopping 50% in comparison to the same figures for 2019. Or how can they maximise this ongoing opportunity?

Merchant Services 96

Merchant Services Payment Services Returns Inventory Management 96

A1 Retail

AUGUST 9, 2021

Launch aims to raise awareness amongst influencers and consumers on advertising rules as Klarna data uncovers that 46% of consumers don’t know that #ad means that an influencer has been paid to promote a product or service.

Advertising 52

Advertising Consumer Merchant Services Payment Services 52

Retail TouchPoints

NOVEMBER 15, 2021

A total of 290,000 brands and 900 million consumers participated across Alibaba’s various platforms — not bad for an event that started with 27 brands 12 years ago. is about how to best leverage Alibaba’s latest technology to support brands and merchants in driving sustainable and inclusive growth in more efficient ways.”. More than 1.3

Merchant Services 290

Merchant Services Consumer Shopping Accounting 290

Inside Retail

AUGUST 5, 2021

Since 2019, livestreaming has been one of the most important ways for a store to engage its followers to make a sale in China. It wasn’t until 2019, that Taobao livestream saw the inevitable way that products had to change to become more appealing to audiences. But livestreaming was not always used for selling items. from the viewers.

Merchant Services 130

Merchant Services Consumer Promotions Fashion 130

Inside Retail

JANUARY 8, 2022

million digitally active customers with Australian retailers, we can save consumers money while boosting retailers’ sales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth. Online shopping hub.

Merchant Services 130

Merchant Services Shopping Consumer Promotions 130

Retail TouchPoints

JANUARY 30, 2023

The company was acquired by Adjmi Apparel Group in 2019, and Mangione has been there since the beginning (he even served as a product model in the early days). We’re trying to touch consumers in as many different places as we can with the brand name, and the voice skill helps us do that in a unique way that not many of our competitors do.

Merchant Services 162

Merchant Services Beauty and Health Payment Services Returns 162

VMS

NOVEMBER 22, 2022

As consumers are creating their gift lists and checking them twice, Deloitte’s “2022 Black Friday-Cyber Monday Survey” examines what retailers can expect from shoppers between Thanksgiving and Cyber Monday. Consumers Count on Credit to Stretch Holiday Budgets. ” Consumers Add Good Deals to Their Holiday Wish Lists.

Merchant Services 52

Merchant Services Payment Services Promotions Planning 52

Indigo 9 Digital

MARCH 17, 2022

Amazon is the first channel consumers turn to when conducting a product search online ahead of even Google. Nike is an example of a high-profile retailer that decided to stop selling on Amazon in 2019. These sellers had record sales that were up 60% over 2019. During Amazon Prime Day in 2020 third party sellers generated $3.5

Merchant Services 96

Merchant Services Advertising Shipping Wholesale 96

Hunton Andrews Kurth

AUGUST 12, 2021

Amazon”) seeking to force the characterization of Amazon as a “distributor” of products under the Consumer Product Safety Act. The CPSC views these steps as insufficient and aims to force Amazon to issue recalls and destroy the returned products. 2052(a)(8). 2052(a)(8). Total Recalls: 22.

Fulfillment 52

Fulfillment Merchant Services Consumer Shipping 52

Retail Geek

NOVEMBER 29, 2023

Consumers were patient, waiting for attractive deals, while retailers managed their inventory and discounting strategies well. They discuss the potential impact of mobile wallets on shopping behavior and note that BNPL resonates with new consumers and has replaced layaway. billion consumers are shaping shopping trends.

Merchant Services 69

Merchant Services Payment Services Consumer Shopping 69

Mass Relators

SEPTEMBER 12, 2022

Consumers flocked online for essential purchases, adding $102.08 Overall in 2021, consumers spent $870.78 merchants, up 14.2% Overall in 2021, consumers spent $870.78 merchants, up 14.2% increase over 2019 — representing the highest annual online sales growth ever, the Commerce Department reported.

Grocer 52

Grocer Merchant Services Fulfillment Supermarket 52

Mass Relators

FEBRUARY 16, 2022

Our investment in our omnichannel platform once again proved its worth during 2021, with group net consumer online sales growing by more than 38% compared to 2020, representing a two-year stack growth of more than 105%. billion, with net consumer online sales growing 27% to €5.5 In Q4, group net consumer online sales grew 13.2%

Payment Services 52

Payment Services Merchant Services Consumer Fulfillment 52

Retalon

AUGUST 2, 2019

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). POS data (sales, returns, etc.). Consumer behavior (average ticket price, product preferences, time, weather, etc.). Traffic cameras (foot / vehicle traffic).

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32