Retail TouchPoints

JUNE 15, 2022

Called “Buy Direct,” the third-party marketplace is being integrated into Bing’s existing ecommerce experience, Start Shopping, where consumers can find products and are then directed to a retailer’s website to make the purchase. Bing accounts for approximately 25% of total monthly search volume in the U.S.,

Merchant Services 306

Merchant Services Shopping Payment Services Advertising 306

A1 Retail

FEBRUARY 6, 2023

Co-op has ‘clicked’ with digital payment provider, PayPal, to offer additional choice for shoppers to make simple, safe and secure purchases of groceries through the convenience retailer’s online shop. The convenience retailer launched its online shop in 2019 and has since expanded at pace.

Payment Services 97

Payment Services Accounting Shopping Consumer 97

Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. In 2019 , the total market share of online U.S. Digital fraud can take many forms, with the most common being account takeover ( 29.8% The Harmful Impact of Digital Fraud.

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Inside Retail

JULY 6, 2021

Accordingly, brands spend significant time and money positioning themselves to create positive associations with consumers, whether that’s through communicating their purpose or engaging in worthy environmental or social partnerships. Until a payment is missed. And yet, consumerism isn’t slowing down. Then late fees are charged.

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Payment Services Finance Consumer Accounting 246

Frank Mayer

APRIL 30, 2021

Self-service technology has empowered patrons to take actions on their own, while businesses benefit from the enhanced customer service and added revenue these tools provide. From countertop and tablet units to large format floor kiosks, a typical price range for a standard self-service kiosk runs between $1,500 to $5,000.

Kiosk 74

Kiosk Payment Services Grocer Planning 74

Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. It’s essentially a ‘Virtual Try-On’ service that becomes a social experience.

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Shopping Payment Services Social Commerce Checkout 262

Retail TouchPoints

OCTOBER 18, 2023

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. For retailers with overseas customers, the returns process can be more complex, with potentially more loopholes for returns fraud. Return fraud scams are not solely practiced by individuals.

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Returns Payment Services Shipping Accounting 277

Retail TouchPoints

AUGUST 14, 2020

Understanding consumer behaviors will be key to building (or rebuilding) a successful retail business in a post-pandemic world. Data will fuel the shift to digital, according to expert contributors to the recent Retail TouchPoints (RTP) webinar, Analyzing The Shift To Digital From 7,000 Marketers And 1B Consumers Worldwide.

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Marketing Consumer Checkout Customer Experience 289

Retail TouchPoints

AUGUST 15, 2022

And yet, a recent study from LeaseQuery , which compares the number and value of retail leases from 2019 to 2022, tells a slightly different story. Lease liabilities offer a useful glimpse into the future because this number quantifies the dollar value of future lease payments.

Payment Services 260

Payment Services Returns Consumer Accounting 260

Inside Retail

NOVEMBER 9, 2022

Retailers are potentially facing significant headwinds in the months ahead, with rising interest rates and cost-of-living pressures dragging on consumer confidence. The figures indicate a fall in sales in all categories as consumers became able to return to in-store purchasing. The online sales outlook. Australia Post reports 5.4

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Payment Services Consumer Returns Accounting 241

Inside Retail

JANUARY 4, 2024

Worse, Carrefour’s exit is as messy as it gets because of a running legal battle with Suning, which has allegedly reneged on payments that were part of a deal to take over Carrefour’s China business in 2019. In November, the consumer price index (CPI) declined by 0.5 Globally, of the $160.8 billion, Canada $5.8

Payment Services 147

Payment Services Accounting Apparel Consumer 147

Inside Retail

APRIL 11, 2021

Online orders, home delivery and in-store pick up have become fundamental to the running of food and beverage businesses in the last year as consumers navigated the pandemic. As part of its efforts to create a seamless online customer experience, Domino’s introduced contactless services in all markets to make customers feel safe.

Payment Services 130

Payment Services Beauty and Health Customer Experience Accessories 130

Retail TouchPoints

JULY 22, 2021

When the economy is growing, consumers flock to stores. On the other hand, when a recession is imminent, consumers and their wallets generally stay put and are more conservative. This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. Cyber threats.

Payment Services 306

Payment Services Consumer Customer Experience Accounting 306

365 Retail

NOVEMBER 8, 2022

The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions, in a bid to make things faster, easier, and more streamlined for both businesses and consumers. . Alongside this, data shows the term “Banking as a service” has seen 176% global increase, too. .

Payment Services 73

Payment Services Finance Fast Fashion Consumer 73

A1 Retail

OCTOBER 11, 2021

Spring launches trials in Co-op convenience stores today (11 October), helping customers recirculate their old electronic devices to be used again, making it simpler for increasingly environmentally conscious consumers to avoid e-waste. An account can be set up quickly and easily at Spring.co.uk.

Payment Services 52

Payment Services Supermarket Kiosk Accounting 52

Inside Retail

SEPTEMBER 6, 2022

They grew quickly, relatively unchallenged by local operators. Figures from Euromonitor show that the number of convenience stores in Vietnam increased from just 565 in 2014 to 1289 by 2019 when revenues reached US$103 billion. The key players at the time were FamilyMart, Circle K, and B’s Mart, with market shares of 21.4 per cent, 20.7

Payment Services 130

Payment Services Supermarket Marketing Kiosk 130

Inside Retail

DECEMBER 7, 2021

And gaining unique insights into consumers’ likely purchasing behaviour is now possible through the CommBank Household Spending Intentions (HSI) Index. The CommBank HSI Index uses advanced analytics to help retailers better understand consumer or household spending intentions. Notably, it has achieved a correlation of 0.90

Payment Services 130

Payment Services Inventory Management Accounting Consumer 130

A1 Retail

AUGUST 24, 2021

The quarterly SME Barometer combines billions of merchant transactions, processed by Barclaycard Payments, with research data to provide an in-depth look at the UK SME economy. More than four in 10 plan to hire additional staff over the next 12 months in a sign of positivity for the future.

Merchant Services 75

Merchant Services Payment Services Returns Outdoor 75

Inside Retail

APRIL 27, 2022

Throughout the months of lockdown and quarantine, shoppers have become far more demanding than ever before – and their expectations of immediate service, payment and deliveries have accelerated beyond all forecasts made prior to the advent of Covid-19. According to the data, an average consumer makes 2.1

Payment Services 130

Payment Services Consumer Advertising Shipping 130

Inside Retail

OCTOBER 21, 2021

There is not only the cost of the ceremony, but also grooms and their families are often expected to shoulder more of the costs and furnish new brides with items such as large cash payments, jewellery, property or cars. Consumers need to wait only about 10 to 15 minutes to start eating. Furry friends. Online companions.

Payment Services 130

Payment Services Consumer Accounting Marketing 130

365 Retail

MAY 7, 2021

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. In fact, recent figures showed that footfall in physical stores dropped by a whopping 50% in comparison to the same figures for 2019. Or how can they maximise this ongoing opportunity?

Merchant Services 96

Merchant Services Payment Services Returns Inventory Management 96

Independent Retailer

JULY 5, 2022

One of the most significant economic impacts of the COVID-19 pandemic was the dramatic increase in ecommerce as consumers avoided brick-and-mortar stores. The industry was quick to pivot and enable businesses to operate without requiring a physical presence, which helped them reduce operating costs and minimize their infrastructure.

Payment Services 52

Payment Services Accounting Consumer Shopping 52

Cisco Retail

JANUARY 19, 2022

Over the past decade, there has been a growing consensus in the humanitarian community that cash — in the form of vouchers, prepaid debit cards, mobile transfers, bank account transfers, or paper money — is a preferable form of support as compared to in-kind aid such as food, hygiene, or winterization kits. From paper to innovation.

Payment Services 98

Payment Services Shipping Shopping Accounting 98

Retail TouchPoints

JANUARY 30, 2023

I love that the name Copper Compression is spoken in people’s homes on their devices — for us, it’s around 1,500 to 1,600 times a month,” said Matthew Mangione, Head of Growth Strategies and Operations at Copper Compression in an interview with Retail TouchPoints. This is Drew Brees,’” explained Mangione.

Merchant Services 162

Merchant Services Beauty and Health Payment Services Returns 162

Inside Retail

AUGUST 9, 2021

When it comes to the biggest markets in the world, in terms of consumers, China is at the top of the list. As times change, the behaviour of this consumer group is also shifting and how they’re spending isn’t the same as 10 years ago or even five years ago. This large group of men is the foundation of China’s “he economy”.

Consumer 130

Consumer Payment Services Marketing Shopping 130

Wiser

SEPTEMBER 15, 2020

From changing customer habits and the rise of direct-to-consumer to COVID-19 upending every reasonable expectation the retail industry had for 2020, successful brands and retailers have to be creative to stay ahead of the game. People who owned a Google Home system would be able to integrate that system with Target’s payment card, REDcard.

Payment Services 78

Payment Services Home Furnishings Returns Consumer 78

Retail TouchPoints

JANUARY 12, 2022

decrease from 2019 primarily driven by the decrease in single-site operators. To account for this rapidly evolving environment, savvy convenience retailers have focused on closing the gap between what consumers expect and what retailers can deliver. Focus on service. despite less than desirable market conditions.

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Payment Services Wholesale Inventory Management Consumer 277

Retail TouchPoints

OCTOBER 15, 2020

Even before the pandemic completely upended the world economy, how consumers shopped had been changing — and mobile devices were at the forefront of that change. Mobile devices have become powerful payment instruments, on the way to replacing traditional cards for in-store purchases in many markets around the globe.

Payment Services 147

Payment Services Planning Accounting Loss Prevention 147

Retail Next

OCTOBER 17, 2019

So far in 2019, Macy’s, and even Walmart, have announced plans to close some of their stores, while Barney’s New York has filed for bankruptcy. The way consumers are shopping has changed and many larger chains have failed to keep up with the trends. According to research , reviews account for 15.44

Payment Services 52

Payment Services Dead-Stock Promotions Consumer 52

Retail Adventures

JANUARY 4, 2022

Creating and delivering consistently good customer service is a battle that happens every day right on your sales floor. In 2019 we had impatient buyers who wanted what they wanted, no matter what. The grocery industry created curbside service, meal kits, and deliveries within crazy time frames. Accounting for 55 percent of U.S.

Suggestive Selling 52

Suggestive Selling Payment Services Returns Accounting 52

Retail TouchPoints

JANUARY 14, 2022

With the increase of mobile wallets and more consumers hopping on the e-gift card bandwagon, merchants must practice a heightened sense of vigilance around issues of gift card fraud. Here’s some insight as to how merchants and consumers can avoid scams and gift card fraud: Consumer vs. Merchant. growth we saw in 2019.

Merchant Services 328

Merchant Services Payment Services Management Accounting 328

Retail Geek

NOVEMBER 29, 2023

Consumers were patient, waiting for attractive deals, while retailers managed their inventory and discounting strategies well. They discuss the potential impact of mobile wallets on shopping behavior and note that BNPL resonates with new consumers and has replaced layaway. billion consumers are shaping shopping trends.

Merchant Services 69

Merchant Services Payment Services Consumer Shopping 69

Retail TouchPoints

JANUARY 11, 2021

year-on-year through September 2020, boosting ecommerce’s share of its total sales from 33% in 2019 to 59% during this period. Sokolova recognizes that ongoing data collection and powerful analytics are vital for any retailer, but particularly for one in the process of a digital transformation. year-on-year.

Payment Services 301

Payment Services Location Fulfillment Customer Experience 301

Inside Retail

MARCH 21, 2024

With travel curtailed, home-bound, experience-starved consumers flocked to luxury shopping to lift their spirits and spend some of their discretionary funds accruing thanks to Covid-19 government assistance, stimulus checks, tax relief, suspended student debt payments and the pandemic-induced restrictions.

Jewelry 228

Jewelry Fashion Consumer Payment Services 228

Inside Retail

JUNE 17, 2021

Many habits they developed during 2020 — such as shopping online through WeChat and making mobile payments — will become permanent. According to a 2019 study by McKinsey, young Chinese consumers will account for 65 per cent of the growth in luxury fashion and accessories globally heading into 2025. Retail the New Way.

Payment Services 113

Payment Services Fulfillment Specialty Retailers Social Commerce 113

Retail TouchPoints

JULY 27, 2020

While customer loyalty remains a top priority for executives, less than half believe their current approach is effective, according to a Mastercard-sponsored Harvard Business Review Analytic Services (HBR-AS) report of more than 400 executives globally. Cyber Security Flexes To Meet An Evolving Threat .

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Retail Trends Payment Services Checkout Sporting Goods 165

Retail Geek

OCTOBER 29, 2021

It was a rigorous process. Jason: [3:54] That that is awesome I’m going to assume the one slight negative is you get some good news like that you get all those those post cooking on LinkedIn and I’m assuming, every vendor under the planet has I read your news and is now pitching you for something.

Advertising 52

Advertising Merchant Services Payment Services Finance 52