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“Not surprised”: Experts react to Amazon’s reported department store plan

Inside Retail

Since opening its first bricks-and-mortar store, a bookstore, in 2015, Amazon now runs more than 20 bookstores and more than two dozen 4-star stores in the US. The Wall Street Journal offered few details about the look and feel of the stores Amazon is reportedly planning to open. What would an Amazon department store look like? .

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Signifyd Raises an Additional $205 Million, Eyes Further Expansion in Latin America

Retail TouchPoints

Last year we saw ecommerce sales and influence propelled into 2025, and yet the online checkout experience is stuck in 2015,” said Raj Ramanand, CEO of Signifyd in a statement.

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Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

Since spinning off from eBay and going public for a second time in 2015, PayPal has expanded its reach well beyond that one digital marketplace to more than 30 million merchants worldwide. For example, what you generally find in most checkouts [in a sector like grocery] are your standard Visa and Mastercard.

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5 Things to Know About Amazon’s New ‘Style’ Clothing Stores

Retail TouchPoints

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. Amazon Style will actually be the company’s seventh physical retail format, which all began with Amazon Books way back in 2015. There will be humans working the store too.

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Boost Revenue With Upsells and Cross-Sells

Wiser

An example of this is a warranty being offered on big-ticket items at checkout. You find what you want and as you make your way to checkout, a suggestion pops up for a product that perfectly complements your needs. You should know how they plan on using your products so you can provide them with the best options.

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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015. BNPL are essentially layaway plans in reverse. Merchants too should weigh the benefits against the drawbacks of offering installment options at checkout.

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Myth or Truth: Is Brick & Mortar Actually Dying?

Rangeme

Dollar General plans to open 1,100 new locations and remodel 1,750 stores this year. Dollar General reports profit decline, plans for more than 1,100 new stores in 2022. Off-price retailers TJX and Ross plan to open more stores, as does German grocery discounter Aldi. retail sales, nearly double the 2015 figure of 10.7%.