Retail TouchPoints

DECEMBER 20, 2023

Walmart and Affirm first partnered in 2019 to bring BNPL options to shoppers on its website and app. Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option. year over year.

Checkout 267

Checkout Kiosk Finance Apparel 267

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 260

Consumer Merchant Services Payment Services Drop-Shipping 260

Retail TouchPoints

DECEMBER 28, 2021

Think food services, retail and personal and laundry services, for instance. This included adding ecommerce platforms, touchless payments and contactless delivery such as curbside or buy online, pick up in-store (BOPIS). Reasons cited were that the country’s 1.1 This should not be a one-and-done effort.

Payment Services 274

Payment Services Finance Marketing Promotions 274

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.

Payment Services 246

Payment Services Finance Consumer Accounting 246

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. Because of this ease, merchants have begun relying on POS financing to drive sales growth. Old Fraud Detection Methods Create Customer Friction.

Merchant Services 314

Merchant Services Payment Services Accounting Jewelry 314

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. . Embedded finance . Buy Now Pay Later 2.0 .

Payment Services 73

Payment Services Finance Fast Fashion Consumer 73

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 235

Inside Retail

DECEMBER 14, 2021

Demand for these services isn’t growing as strongly as expected. Credit services have been around for decades. By not charging interest payments, BNPL companies are not subject to the same regulation under the National Credit Code as credit providers such as Visa or American Express. Competition is stiff. A new line of credit.

Merchant Services 130

Merchant Services Payment Services Finance 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

Inside Retail

FEBRUARY 8, 2022

Here, three different retailers discuss the changing consumer mindset and the unique challenges of rental companies. That was my least favourite of all the options, as the assembly process was a nightmare and the quality always made me feel like I was in a temporary home. How does the production and design process work?

Payment Services 130

Payment Services Fashion Returns Customer Experience 130

Small Biz Trends

JUNE 22, 2022

Inflation is when prices for goods and services rise. This could make it difficult for you to get the financing you need to grow your business. You can invest yourself or use discretionary investment management services from a professional money manager. So, if prices rise, the interest payments on your bonds will go up too.

Payment Services 98

Payment Services Returns Finance Planning 98

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 131

Payment Services Planning Accounting Loss Prevention 131

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 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

365 Retail

JUNE 7, 2021

Supply chain operators were caught flat footed by the pandemic. Cancelled orders, deferred payments and sluggish demand left countless small businesses with little option but to run down limited working capital reserves as they sought to ride out the storm. below where it stood in May 2019. Running on empty.

Payment Services 52

Payment Services Finance Returns Customer Experience 52

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

Retail Geek

NOVEMBER 30, 2022

With covid impacts still in place, a global economic crisis, supply chain disruptions, labor shortages, new retailer discounting practices, and new consumer behaviors we have a lot to unpack. billion consumers are shaping shopping trends. This episodes covers a wide range of topics around the most important shopping week of the year.

Fulfillment 52

Fulfillment Returns Shipping Consumer 52

Retalon

JUNE 18, 2019

You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. Financing promotions can change a customer’s mental math. Rather than focus on the total cost of that new dining set, your customer considers their ability to make the monthly payment.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Retalon

JUNE 18, 2019

You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. Financing promotions can change a customer’s mental math. Rather than focus on the total cost of that new dining set, your customer considers their ability to make the monthly payment.

Promotions 32

Promotions Markdowns Inventory Management Payment Services 32

Inside Retail

NOVEMBER 1, 2022

Retailers are caught in a tightening vise between soaring cost of goods and heavy competitive pressures, which places their margins increasingly at risk as long as they cannot pass through the costs to consumers in their entirety. There do seem to be a few exceptions, such as processed meat, but these are unlikely to last much longer.

Wholesale 130

Wholesale Payment Services Finance Consumer 130