Inside Retail

APRIL 11, 2021

billion) – around 4 per cent of its revenues in 2019 – for violating anti-monopoly rules and abusing its dominant market position. It said the practice violates China’s anti-monopoly law by hindering the free circulation of goods and infringing on the business interests of merchants.

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Mass Relators

MAY 11, 2021

WASHINGTON – The Merchants Payments Coalition on Tuesday called for the Federal Reserve to revise debit card swipe fee rules to reflect lower bank costs. The swipe fee regulations were adopted a decade ago, and a new Fed report shows that banks’ average cost of processing the transactions has since fallen by half.

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Merchant Services Payment Services Accounting Marketing 52

Retail TouchPoints

JULY 22, 2022

Uber is expanding Uber Eats’ services with new features such as the ability to place orders when grocery stores aren’t open for later delivery, live tracking of orders from store to door and easier product replacements. The improvements will start in select cities before rolling out across the country throughout the summer. and Costco.

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Retail TouchPoints

NOVEMBER 16, 2022

Square plans to announce additional details about the card in 2023. It will include the Holiday 2022 Meta Foresight Interactive Report , offering insights from the 2019, 2020 and 2021 holiday seasons across 33 key markets as well as tips on turning new holiday customers into returning shoppers after the season ends.

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Merchant Services Finance Advertising Marketing 276

A1 Retail

NOVEMBER 18, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 per cent (compared to 2019) as Christmas shopping gets underway. 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 .

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Mass Relators

OCTOBER 25, 2023

WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough. The plan would also increase the amount for fraud prevention to 1.3 The Fed found that banks’ average cost to process debit transactions was 7.7

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

Retail TouchPoints

OCTOBER 21, 2021

We’re indifferent on where the shopping journey ends, where that transaction takes place ,” said Matt Madrigal, VP and General Manager of Merchant Shopping at Google in an interview with Retail TouchPoints. “It The result is a much lower barrier of entry for merchants looking to capitalize on Google’s massive reach.

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Merchant Services Advertising Shopping Drop-Shipping 299

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

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Retail TouchPoints

NOVEMBER 2, 2021

In 2019, NMG joined forces with handbag and accessories reseller Fashionphile to roll out an integrated circularity program that included the debut of six Fashionphile locations inside Neiman Marcus stores. NMG also has teamed up with Give Back Box to let Neiman Marcus customers donate items they no longer use to someone in need.

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Merchant Services Drop-Shipping Accessories Fashion 251

Inside Retail

JUNE 13, 2023

We speak with Yoox Net-a-Porter’s APAC general manager Natalie Lee about the resilience of luxury spending amidst an economic downturn, the importance of localisation, personalisation and incredible customer service, and how the company is using technology to improve the way it operates. How do you plan to leverage them?

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Merchant Services Payment Services Fashion Customer Experience 245

Mass Relators

MARCH 31, 2024

In this role, Connolly will assist with all aspects of securities disclosure and compliance, as well as NYSE listing compliance, corporate governance, management of DG’s Board and its committees. Melanie Cook Brian Haug Brian Haug has been promoted to senior vice president, margin planning and analytics.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

Retail TouchPoints

NOVEMBER 4, 2021

A recent report from the payments and shopping service Klarna found that 34% of shoppers actually plan to spend more on gifts this year than last year, with Gen Z ( 57% ) and millennials ( 53% ) more likely than other age groups to expand their budgets. Stressed Consumers Spread Out Spending with BNPL. said Pandya. “

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Retail TouchPoints

JULY 30, 2020

Households with children in elementary and high school are set to spend an average of $789.49 , far exceeding the 2019 record of $696.70. There was a high degree of folks who were cautious about whether their kids were prepared for the next grade, so there may be a tendency to over-compensate and spend a little more than initially planned.

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Merchant Services Advertising Apparel Planning 279

Inside Retail

JANUARY 4, 2022

Walmart said on Tuesday it plans to hire more than 3000 US delivery drivers and build out a fleet of all-electric delivery vans to support its “in-home” grocery delivery service, its latest investment in its last-mile fulfillment network. It now services 6 million homes.

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Merchant Services Fulfillment Planning Shopping 130

A1 Retail

NOVEMBER 29, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 per cent (compared to 2019) as Christmas shopping gets underway. 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.

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Merchant Services Payment Services Consumer Shopping 40

Retail TouchPoints

SEPTEMBER 2, 2020

Vivino , an online wine marketplace and app, is capitalizing on this growth by doubling down on its user-driven ratings process and personalized tools and features. Even June 2020 outperformed June 2019 by 140%, alluding to a possible sustained increase in people buying online, even as their pre-COVID channels begin to reopen.”.

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Merchant Services Shopping Customer Experience Shipping 262

Retail TouchPoints

JULY 10, 2020

In fact, 2019 showed great progress for e-Commerce to close the gap in total market share of sales compared to brick-and-mortar retail. As well, many unknowns about pending legislation and its effect on merchants around the world can cause some anxiety for those in the industry. Getting Ahead Of Retail Regulations.

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Merchant Services Customer Experience Checkout Fulfillment 160

Retail TouchPoints

JANUARY 5, 2021

In fact, the impacts of the most unique holiday in decades are still being felt: retailers should plan for continued shipping delays in the short term, and also continue to refine their omnichannel operations as they prepare for the rest of 2021. 3 shopping day in 2019. Contactless Services Can Soothe the Bite of Remote Returns.

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Drop-Shipping Merchant Services Returns Shipping 298

Inside Retail

APRIL 15, 2021

per cent in 2019 — to sit almost 10 points ahead of the overall market. This service has jumped as a result of physical retail lockdowns and evolved to include contactless options such as drive-and-collect, in which staff deliver goods directly to a customers’ car. Digital payment. per cent points of penetration to reach 12.9

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Merchant Services Payment Services Shopping Customer Experience 130

A1 Retail

AUGUST 24, 2021

More than four in 10 plan to hire additional staff over the next 12 months in a sign of positivity for the future. 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.

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Merchant Services Payment Services Returns Outdoor 75

Small Biz Trends

DECEMBER 3, 2022

Calling attention to these local merchants is one of the main goals of a current program in Detroit, supported by a major local sports team and other corporate sponsors. Eligible businesses can start the application process in January. This is the third grant that the organization has received to continue its operations since 2019.

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Inside Retail

JANUARY 6, 2022

Omaha Steaks in the USA began a mail order and home delivery service as early as 1952. The first meal kit as we now know it was launched in Stockholm, Sweden in 2007 when Kicki Theander created Middagsfrid (roughly, ‘dinner peace’ in English) to help families enjoy home-cooked dinners without the logistics of meal planning and purchasing.

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Merchant Services Supermarket Consumer Shopping 130

VMS

NOVEMBER 22, 2022

19-28, the report surveyed 1,200 adults, ages 18 and over, who plan to shop for holiday gifts. Over the BFCM period, shoppers plan to spend half of their holiday budgets, with all income groups expected to spend more year-over-year. Conducted online Oct. Spending is set to increase across income groups.

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Merchant Services Payment Services Promotions Planning 52

Store Growers

MAY 1, 2019

For new clients, these metrics offer a great way to put together a plan to set goals and expectations. This means that you’re missing critical links in addressing the buyer process. So you need a good plan on how to capture mobile traffic. Mass Merchant. $58. Both in terms of traffic and revenue. Food/Drug. $52.

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Retail TouchPoints

DECEMBER 3, 2020

over the 2019 holiday. Adobe reports that the percentage of retailers offering curbside services also increased year over year, from 15% in 2019 to 23% this year. Although research from Adtaxi reported that 74% of consumers planned to shop small this holiday season, only half said they felt safe venturing to stores.

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Small Biz Trends

OCTOBER 27, 2022

It’s the act of defrauding businesses using its return process and it’s a problem in the retail industry. billion worth of merchandise was affected in 2019. It’s the crime of defrauding a retail store through its returns process. Watch for processing refunds to the same people at any retail store.

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Returns Merchant Services Retailing Pricing Customer Experience 105

Indigo 9 Digital

FEBRUARY 28, 2023

Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. Having to fill those boxes on top of having to deal with the complexities of expanding internationally did stress our merchant organization,” said Chang. By 2019 Forever 21’s sales declined from a peak of $4.4

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Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. Unifying Big Data across Forecasting, Planning, and Operations.

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Merchant Services Fulfillment Accounting Markdowns 39

Retail Geek

AUGUST 29, 2023

Jason: [8:04] No I was just I was just thinking that they I assume they left it blank because the underwriters were out of practice. There’s also the others you can think of Jason there’s this one.

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Merchant Marverk

MARCH 25, 2020

Especially as Amazon Prime shipping times increase — Prime delivery times on some items are now as long as a month — this may result in higher demand for smaller retail businesses that offer online sales, as these businesses may be able to provide a level of service that big-box stores are unable to offer right now.

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Merchant Services Payment Services Beauty and Health Sporting Goods 61

Retalon

AUGUST 2, 2019

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). Unifying Big Data across Forecasting, Planning, and Operations. Merchants and inventory managers attended more co-planning meetings. The result?

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Merchant Services Fulfillment Accounting Markdowns 32

Retail Geek

FEBRUARY 19, 2021

in 2019 E-commerce grew 32% to $792B in sales, vs 15% growth in 2019 E-commerce was 14% of all retail sales (vs 11% in 2019) Jason wrote a detailed recap of 2020 in Forbes: 2020: Not Quite Retail Apocalypse, But Great For E-Commerce. percent good, well 2019 retailgeek rude 3.5% versus 3.5% Walmart Earnings. for the year.

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Merchant Services Payment Services Fulfillment Home Furnishings 60

Retail TouchPoints

OCTOBER 14, 2020

The 2020 Retail Innovation Award winners are: Philip Behn, CEO, Imperfect Foods Category: Sustainability Innovation Behn joined Imperfect Foods as CEO in November 2019 to drive the business into its next phase, and to forge deeper commitments around sustainability and building a better food system for everyone.

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Merchant Services Promotions Planning Marketing 277

Mass Relators

JANUARY 20, 2023

where he led the operations teams and later served as a merchant. Fresh produce is now offered in more than 3,000 Dollar General stores, with plans to expand to more than 10,000 total stores in the coming years, with a meaningful number in food deserts. In 2001, Vasos joined Longs Drug Stores Corp. Jeff Owen and himself. “I

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Rangeme

OCTOBER 13, 2022

Armed with these insights, I took to the 2022 Plant Based World Expo floor at New York’s Javits Center to see what retailers, food service operators and brands had to say about mushrooms. since 2019. I was not disappointed. Mushrooms are indeed becoming a favorite among buyers and are no longer just a staple in the produce section.

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Retail Adventures

FEBRUARY 17, 2021

We have an active business alliance that plans year round events that draw thousands of people from all over the Fox Valley. The television show Friends celebrated its 25 th anniversary in 2019 and Central Perk selfie opportunities popped up everywhere. Charles, Illinois does an unexpected twist on “No shoes, no shirt, no service.”

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Retail TouchPoints

SEPTEMBER 15, 2020

The good news is that retailers can make a number of adjustments both to reduce return rates and to make the overall process more streamlined and less costly. Consolidating packages in a limited number of locations is much more efficient and less costly than processing single shipments from individual homes. Happy Returns is not alone.

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