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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services.

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Obituaries: Co-Founders of Burlington, Dressbarn

VMS

There, she honed the skills in merchandising, sales and store operations that would become essential to her future success as an entrepreneur. billion from an original down payment of $75,000 in savings.” “In To reflect its broadened merchandise assortment, the off-price retailer changed its name to Burlington Stores in 2009.)

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Exploring Different Types of Cryptocurrency: A Comprehensive Guide

Small Biz Trends

Bitcoin’s Dominance: Explore Bitcoin as the first and largest cryptocurrency, facilitating peer-to-peer transactions with enhanced security through decentralization. Examples include Ethereum, which facilitates smart contracts, and Litecoin, known for faster transaction times.

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Revolve SVP’s playbook for going global and the importance of localisation

Inside Retail

Here, Li speaks to how Revolove’s global growth is driven by localisation strategies that deliver the best service to its customers within each region. That involves operations, customer service, logistics, warehousing, currency and finance. We built a good service to increase repeat customers.

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Buy Now, Pay Later: The Gen Z Alternative to Credit Cards

Retail TouchPoints

This generation has taken to this payment option faster than any other, but looking at their history it is easy to see why. Gen Z has grown up with a steady decrease in the use of physical payment, coupled with major advancements in fintech. Late or missed BNPL payments have their own consequences. with Klarna.”.

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Making High Conversion and High Security Play Nicely Together

Retail TouchPoints

Whether your ecommerce storefront is an omnichannel model like BOPIS or just a simple Shopify page, managing card-not-present payments is a persistent challenge. For the sake of user privacy, this is not an invasive process, either. Why Conversion and Security Aren’t Mutually Exclusive. Keeping Security Behind the Scenes.

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Cryptocurrency: The good, the bad and the ugly

Inside Retail

In 1937, Coca-Cola introduced its first coin-operated vending machine in the US, selling a bottle of Coke for a nickel. Cryptocurrencies have evolved beyond their origin as a payment system for a niche group of people who didn’t trust the global banking system. Bitcoin was the first major cryptocurrency, created in 2009.