Mass Relators

MAY 11, 2021

WASHINGTON – The Merchants Payments Coalition on Tuesday called for the Federal Reserve to revise debit card swipe fee rules to reflect lower bank costs. The swipe fee regulations were adopted a decade ago, and a new Fed report shows that banks’ average cost of processing the transactions has since fallen by half.

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Retail TouchPoints

OCTOBER 14, 2020

The 2020 RIA program garnered more than 130 nominations, with this year’s 10 winners representing a diverse variety of retail and CPG brands, spanning a myriad of categories from machine learning and personalization to marketing, sustainability innovation, crisis management and more.

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Mass Relators

OCTOBER 25, 2023

WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough. The plan would also increase the amount for fraud prevention to 1.3 The Fed found that banks’ average cost to process debit transactions was 7.7

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Merchant Services Payment Services Consumer Marketing 52

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?

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Retail TouchPoints

OCTOBER 21, 2021

We’re indifferent on where the shopping journey ends, where that transaction takes place ,” said Matt Madrigal, VP and General Manager of Merchant Shopping at Google in an interview with Retail TouchPoints. “It The result is a much lower barrier of entry for merchants looking to capitalize on Google’s massive reach.

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Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

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Mass Relators

MARCH 31, 2024

She has held roles of increasing responsibility, most recently as vice president, human resources for DG’s retail organization since 2021 and was named to the Mass Market Retailers Most Influential Women list in 2023. She was named to the Mass Market Retailers Most Influential Women lists in 2022 and 2024.

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Promotions Merchant Services Planning Beauty and Health 52

Retail TouchPoints

SEPTEMBER 2, 2020

The e-Commerce alcohol market has seen a surge in growth as a result of COVID-19. Vivino , an online wine marketplace and app, is capitalizing on this growth by doubling down on its user-driven ratings process and personalized tools and features. That’s our secret sauce. It’s all about the data we get from the community.”

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Merchant Services Shopping Customer Experience Shipping 228

Retail TouchPoints

FEBRUARY 2, 2021

Global Shopping Festival by stimulating consumption, satisfying consumer demands and supporting the business recovery of merchants in response to the impact of the pandemic. The results were pretty staggering: More than 250,000 brands and 5 million merchants participated, generating RMB 498.2 “We achieved another successful 11.11

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Merchant Services Marketing Planning Shipping 186

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. There was a high degree of folks who were cautious about whether their kids were prepared for the next grade, so there may be a tendency to over-compensate and spend a little more than initially planned.

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Merchant Services Advertising Apparel Planning 248

Retail TouchPoints

NOVEMBER 4, 2021

A recent report from the payments and shopping service Klarna found that 34% of shoppers actually plan to spend more on gifts this year than last year, with Gen Z ( 57% ) and millennials ( 53% ) more likely than other age groups to expand their budgets. Stressed Consumers Spread Out Spending with BNPL. said Pandya. “

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Retail TouchPoints

NOVEMBER 2, 2021

In 2019, NMG joined forces with handbag and accessories reseller Fashionphile to roll out an integrated circularity program that included the debut of six Fashionphile locations inside Neiman Marcus stores. NMG also has teamed up with Give Back Box to let Neiman Marcus customers donate items they no longer use to someone in need.

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Retail TouchPoints

JULY 10, 2020

In fact, 2019 showed great progress for e-Commerce to close the gap in total market share of sales compared to brick-and-mortar retail. As well, many unknowns about pending legislation and its effect on merchants around the world can cause some anxiety for those in the industry. Getting Ahead Of Retail Regulations.

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Merchant Services Customer Experience Checkout Fulfillment 151

Inside Retail

APRIL 15, 2021

per cent in 2019 — to sit almost 10 points ahead of the overall market. This service has jumped as a result of physical retail lockdowns and evolved to include contactless options such as drive-and-collect, in which staff deliver goods directly to a customers’ car. Digital payment. It reached 22.8 More room to Zoom.

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Retail TouchPoints

SEPTEMBER 15, 2020

The good news is that retailers can make a number of adjustments both to reduce return rates and to make the overall process more streamlined and less costly. Consolidating packages in a limited number of locations is much more efficient and less costly than processing single shipments from individual homes.

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Retail TouchPoints

JUNE 3, 2021

Two years ago, online retail’s market share was sitting at 13.6% , according to eMarketer. The pandemic has made omnichannel a business imperative for merchants of all sizes. We’re in a world where if merchants aren’t considering how to turn on an omni strategy, there’s going to be downstream problems later.” Access Now.

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Merchant Services Social Commerce Marketing Consumer 361

Retail TouchPoints

OCTOBER 27, 2023

In September, Amazon announced that it would be following the lead of nearly every other streaming service by running ads on its Prime Video programming beginning in early 2024. This shift will make Prime Video “the largest premium ad-supported service, reaching an estimated 115 million viewers in the U.S.

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Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Richard Maicki.

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Store Growers

MAY 1, 2019

For new clients, these metrics offer a great way to put together a plan to set goals and expectations. Email marketing. This means that you’re missing critical links in addressing the buyer process. The table shows a breakdown of the different conversion rates you can expect for each of your marketing channels.

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Retail TouchPoints

DECEMBER 3, 2020

over the 2019 holiday. Adobe reports that the percentage of retailers offering curbside services also increased year over year, from 15% in 2019 to 23% this year. Although research from Adtaxi reported that 74% of consumers planned to shop small this holiday season, only half said they felt safe venturing to stores.

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VMS

NOVEMBER 22, 2022

19-28, the report surveyed 1,200 adults, ages 18 and over, who plan to shop for holiday gifts. Over the BFCM period, shoppers plan to spend half of their holiday budgets, with all income groups expected to spend more year-over-year. Conducted online Oct. Spending is set to increase across income groups.

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Merchant Services Payment Services Promotions Planning 52

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. Like Sears and Neiman Marcus, Forever 21 simply did not react to changes in the market fast enough.

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Small Biz Trends

JULY 19, 2021

These restricted items include but are not limited to certain firearms and parts, goods or services that promote self-harm, COVID-19 products that flout the rule for the sale of COVID-19 related products, etc. packaged food market size was $ 996.56 cardiovascular equipment market is expected to grow at more than 11% CAGR through 2027.

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Accessories Jewelry Merchant Services Marketing 137

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 9, 2021

Rising consumer spending combined with higher disposable income in the last quarters of 2019, was expected to stimulate industry revenue growth, as more consumers require sporting goods for their health and fitness. Mandatory social distancing radically impacted one of the largest markets in the world. Industry Activities.

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Retail Minded

JANUARY 25, 2022

billion market right now. They’re ready to shop as they scroll and the data supports this: three-quarters of 18-24s plan to shop via alternative channels this holiday season alone, and the same number want retailers to make non-traditional channels easier to shop through in the future, according to Brightpearl’s study.

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Retail Minded

JANUARY 26, 2022

The following guest article has been written by Mark Hook , VP, Global Brand, Communications and PR at Brightpearl, a retail-tailored operating system for omnichannel merchants. billion market right now. Social apps that already allow for commerce include Instagram , Facebook , and Pinterest. Social Commerce: Why You Should Care.

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Social Commerce Merchant Services Inventory Management Shopping 52

Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. Unifying Big Data across Forecasting, Planning, and Operations.

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Merchant Services Fulfillment Accounting Markdowns 39

Retail Geek

AUGUST 29, 2023

So it’s been a very dry IPO market for startups and thus of interior backed investors. And you know a lot of people have been rooming that instacart would be out there there’s a couple other companies in this kind of unicorn Stratosphere stripe is another one that we cover a lot on the show from the payments world.

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Merchant Services Grocer Advertising Payment Services 52

Merchant Marverk

MARCH 25, 2020

Farmer’s markets. Retailers should also promote their online buying and shipping options for their store (if you’re still open), especially on social media and via email marketing. The second way is to use a third-party delivery service, such as Shipt or Instacart. Get Creative With Marketing. Gas stations.

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Merchant Services Payment Services Beauty and Health Sporting Goods 61

Mass Relators

JANUARY 20, 2023

In 1983, Vasos was a recent graduate from Western Carolina University, having earned his degree in marketing. where he led the operations teams and later served as a merchant. Vasos’ career in retail began in a manner as humble as the man himself. At his mother’s request, he applied to a local newspaper advertisement for Eckerd Corp.’s

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Beauty and Health Store Layout Merchant Services Advertising 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.). Unifying Big Data across Forecasting, Planning, and Operations. Merchants and inventory managers attended more co-planning meetings. The result?

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Merchant Services Fulfillment Accounting Markdowns 32

Mass Relators

FEBRUARY 16, 2022

. “Looking back on the past year, I am most proud of how associates brought our values to life in the way they responded to ongoing developments associated with COVID-19 and natural disasters throughout our brands’ markets, including major floods in Belgium, tornadoes in the Czech Republic, fires in Greece and Hurricane Ida in the U.S.

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Retail Prophet

JULY 18, 2022

Soon, merchants everywhere began to experience what many thought could only happen in third-world economies and banana republics – panic buying, empty shelves and bottomless backlogs to fill them. While cotton could indeed be sourced elsewhere, the US had several distinct market advantages. By the time the Civil War ended, and U.S.

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Retail Geek

FEBRUARY 19, 2021

in 2019 E-commerce grew 32% to $792B in sales, vs 15% growth in 2019 E-commerce was 14% of all retail sales (vs 11% in 2019) Jason wrote a detailed recap of 2020 in Forbes: 2020: Not Quite Retail Apocalypse, But Great For E-Commerce. percent good, well 2019 retailgeek rude 3.5% versus 3.5% Walmart Earnings. for the year.

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Merchant Services Payment Services Fulfillment Home Furnishings 60

Retail Adventures

FEBRUARY 17, 2021

We have an active business alliance that plans year round events that draw thousands of people from all over the Fox Valley. People of all ages today practice Lifestyle Marketing: sharing where we are and what we’re doing on social medias. Charles, Illinois does an unexpected twist on “No shoes, no shirt, no service.”

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Promotions Merchant Services Shopping Grocer 52

Inside Retail

SEPTEMBER 23, 2021

As a result, the homewares and furniture market is having a major moment. Although western furniture brands have typically led home decor trends in the past, a new main player has emerged in the market. In late 2019, Taobao opened its first physical store in Funan Mall, Singapore. A makeover moment.

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Merchant Services Shipping Grocer Supermarket 26

Retail Geek

MAY 28, 2021

Scot: [5:29] Yeah and finally had a cat that he maybe he does who knows maybe has a cat that he sits there and pets while he’s planning his next moose. The more reasons Amazon has for people that join Prime the more money they make on this whole ecosystem of services around Prime and it’s.

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Merchant Services Apparel Shipping Marketing 92