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Analysis: Synergies begin to show after merger of SEA hypermarkets

Inside Retail

The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 Year-on-year sales growth on the retail side, which is now mostly accounted for by Lotus’s, is not available, since the base period was prior to the Lotus’s acquisition. billion baht ($9.4 billion) in sales through the first half of the year.

Wholesale 130
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“A big opportunity”: Amazon betting big on palm-only payment tech

Inside Retail

How it works Customers who want to enrol in Amazon One and link their MyPanera account simply need to hover their palm over the Amazon One device in store, and a Panera associate will help them to get signed up. Customers can choose loyalty linking, payment, or both. But all is not well on this front.

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How AirRobe’s Circular Wardrobe is taking resale mainstream

Inside Retail

When Hannon Comazzetto started Australian re-commerce platform AirRobe in 2018, resale was still quite niche locally – pursued by a small but passionate group. Back then, Hannon found that brands were interested and willing to learn more about re-commerce, but they weren’t all that convinced it would work for them.

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One to watch: APAC goes all in on social commerce

Inside Retail

In 2021, it was projected to generate $363 billion in sales, up 36 per cent, year on year, accounting for 13 per cent of total e-commerce sales. Facebook’s market-leading position is in part due to the sheer volume of traffic it generates, accounting for 65 per cent of all social media traffic to Shopify.

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The Global State of Autonomous Stores

365 Retail

According to Business Insider Intelligence , the number of global stores with autonomous capabilities rose from only 350 in 2018 to a forecasted 10,000 stores in 2024, with a sales transaction volume of under $70 million to over $20 billion. The sky is the limit for autonomous stores.

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The China Syndrome: Japan department stores missing tourist shoppers

Inside Retail

billion at today’s exchange rates, accounting for close to a quarter of the revenue from the company’s department store business. This year, Isetan-Mitsukoshi projects sales to return to pre-pandemic levels and even beat the record set in 2018. This was one of the factors leading to the introduction of dedicated tax-free checkouts.).

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How to Combat the Changing Face of Shopping Fraud

Retail TouchPoints

In 2018, 151 million conventional (non-bot) attacks were observed, and of these, 91 million were directed at online merchants. Characteristic patterns are assigned to customers, merchants, user accounts and devices, and the respective profiles are constantly updated. Ralf Gladis is CEO of payment services provider Computop.