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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Consumers are using BNPL to stretch purchase payments between paychecks.

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The Next Generation of Shoppers Needs a Next-Generation Strategy

Retail TouchPoints

Your grandma shops online. A new generation of shoppers, Gen Z, are bending online shopping to their will. At the same time, just to complicate things further for retailers, Gen Z actually likes to shop in physical retail stores, according to the study. Three suggestions: Adapt to where and how Gen Z wants to shop.

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

Retail TouchPoints

Signifyd has received $205 million in Series E growth equity financing that values the company at $1.34 The funding will be used to expand the Signifyd Commerce Protection Platform and identity graph globally across digital shopping and payments.

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From Retail Experiment to Commercial Phenomenon: The Evolution of Amazon Prime Day

365 Retail

However, before we plunge into this shopping frenzy, let’s take a moment to reflect on the history of this commercial spectacle, its profound influence on consumer behaviour, and Amazon’s evolution. The Evolution of Amazon Prime Day In 2015, Prime Day made its debut on July 15 to commemorate Amazon’s 20th anniversary.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

During that time Sears was so dominant its sales represented 1% of the entire United States’ economy with two thirds of Americans shopping there. Consumers were finally given a way to access merchandise at much lower prices than what was available from nearby merchants. That was back in 1969. It was a runaway success. Retail stores.