365 Retail

APRIL 27, 2023

It’s fair to say that self-service checkouts are not universally popular with shoppers. The biggest reason is the irritation we experience when the process doesn’t work smoothly, particularly from the ‘unknown items in the bagging area’ Many of us have felt this frustration at the grocery store.

Checkout 52

Checkout Payment Services Supermarket Point of Sale 52

Retail TouchPoints

DECEMBER 8, 2020

The store combines a manned checkout with the use of computer vision as part of checkout-free shopping powered by AiFi Solutions. Consumers shopping autonomously check in using an AiFi app, or they can continue to shop as usual with a cashier at checkout ( check out a video demo here ).

Shopping 317

Shopping Checkout Payment Services Consumer 317

Inside Retail

OCTOBER 19, 2021

As global apparel revenues plummeted almost 20 per cent in 2020, e-commerce has emerged as the silver lining of the fashion industry’s challenging year. E-commerce fashion sales are expected to grow almost 39 per cent between 2020 and 2023. Online shoppers want variety – and they want it for everything, including their payment options.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

MARCH 5, 2024

The retailer will still offer its free-to-join Target Circle loyalty program and plans to enhance it by providing its 100 million+ members with access to automatic deals applied at checkout. Walmart debuted its Walmart+ program in September 2020, followed by Kroger ’s Boost program in November 2021.

Checkout 170

Checkout Returns Shipping Promotions 170

Retail TouchPoints

JUNE 29, 2021

Namely, the conversations focus on how traditional brick-and-mortar stores can incorporate AI into their operations as more and more fully autonomous stores pop up around the world. Retail stores typically had to guess what changes will have a positive impact on sales and operational efficiency. The Pandemic’s Initial Impact on Retail.

Payment Services 221

Payment Services Checkout Customer Retention Kiosk 221

Retail TouchPoints

APRIL 13, 2021

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. 5 Social Advertising Trends for Retailers to Know in 2021: Featuring Under Armour. Retail CX Trends 2021: New CX for a New World.

Consumer 135

Consumer Payment Services Fulfillment Advertising 135

Retail TouchPoints

FEBRUARY 15, 2022

Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) Ultra-rapid grocery delivery will gain further influence.

Grocer 296

Grocer Payment Services Checkout Value Offer 296

Inside Retail

JANUARY 5, 2023

Chen joined TikTok’s parent company Bytedance in December 2020, and was the president of its news aggregator app Jinri Toutiao. In this company, he led platform product and operations. While Meta also offers shops on Facebook and Instagram, TikTok now offers checkouts and payments within the app.

Payment Services 130

Payment Services Checkout Social Commerce Promotions 130

Inside Retail

JANUARY 5, 2023

Chen joined TikTok’s parent company Bytedance in December 2020, and was the president of its news aggregator app Jinri Toutiao. In this company, he led platform product and operations. While Meta also offers shops on Facebook and Instagram, TikTok now offers checkouts and payments within the app.

Payment Services 130

Payment Services Checkout Social Commerce Promotions 130

Retail TouchPoints

MARCH 5, 2024

[Update from 3/6/2024] Over the next decade, Target plans to build more than 300 new stores and upgrade the vast majority of its brick-and-mortar fleet, with projects ranging from full remodels to adding Ulta Beauty locations, upgrading fixtures and supporting same-day services.

Planning 130

Planning Beauty and Health Payment Services Checkout 130

A1 Retail

JANUARY 27, 2022

The value of payments made contactlessly increased 40.2 per cent compared to 2020. The contactless limit increase to £100 in October 2021 increased the average number of transactions by 27.5 Thursday 23 December was the busiest day for contactless payments with the value of eligible transactions 121.4 per cent**.

Merchant Services 75

Merchant Services Payment Services Outdoor Checkout 75

365 Retail

APRIL 28, 2021

Fashion brands are pivoting to offer new, value-add delivery services and improved post-purchase experiences to enhance sales, encourage customer loyalty and protect margins, the latest data from parcelLab , the leading operations experience platform, reveals.

Merchant Services 52

Merchant Services Payment Services Fashion Checkout 52

Retail TouchPoints

JULY 21, 2020

Expanded checkout options designed to reduce human-to-human contact will include bigger self-checkout areas, tap-to-pay and “Check Out With Me” technology, to allow customers to pay for merchandise anywhere in the store with mobile devices carried by store associates.

Fulfillment 221

Fulfillment Payment Services Beauty and Health Checkout 221

Independent Retailer

SEPTEMBER 2, 2021

2020 may have thrown us all for a loop, but consumers are excited to get out there and do their gift shopping in person. Independent Retailer has put together a survival guide to help indie retailers navigate the 2021 holiday season — Black Friday, Cyber Monday, Christmas, and everything in between. In the U.S.,

Jewelry 101

Jewelry Checkout Shopping Consumer 101

A1 Retail

JULY 2, 2021

The global ecommerce market is expected to continue to grow in 2021, illustrating that there is a strong a market for cross-border ecommerce. This trend is fueled by online shoppers willing to purchase goods outside of their country’s borders, so long as the process is smooth, and reliable. Compliance is Key.

Payment Services 98

Payment Services Checkout Shipping Consumer 98

Inside Retail

NOVEMBER 2, 2021

Demand for online alcohol services has grown significantly in recent years, particularly during the pandemic when bars and restaurants were closed. According to an OECD report published in May 2021, while the majority of people did not change how much they drank, most of those who did drank more. Off-premise sales, such as e?commerce

Payment Services 246

Payment Services Checkout Consumer Fashion 246

Retail TouchPoints

DECEMBER 30, 2021

In 2020, consumers spent approximately $630 billion on online shopping, and merchants lost $12 billion to fraud. Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. K eep bots out of your customers’ accounts and checkout. Monitor your brand for impersonation.

Merchant Services 247

Merchant Services Accounting Payment Services Returns 247

I Vend

AUGUST 10, 2021

They quote research from NielsenIQ , that shows that sales for February 2021 grew by 10.6% iVend Supermarket iVend helps supermarkets offer uninterrupted service to their customers. Learn how our retail technology drives process transformation in grocery. year on year. Online is essential. Delivery options.

Supermarket 104

Supermarket Payment Services Checkout Grocer 104

Retail TouchPoints

SEPTEMBER 8, 2021

According to a 2020 survey, over half of U.S. today, meaning that in terms of purchasing power, 2021 Amazon Prime members are only paying ~$10 more per year than they were 15 years ago. These companies, like Shipbob and Flexport, streamline operations and make ecommerce more accessible for brands.

Merchant Services 201

Merchant Services Payment Services Fulfillment Shipping 201

Inside Retail

APRIL 29, 2021

billion in the quarter ended March 31, 2021, outperforming analyst expectations. Amazon expects net sales in the quarter ended June 30, 2020, to be between US$110 billion and US$116 billion, an increase of between 24 per cent and 30 per cent year on year. billion on sales of US$108.5 They are now the default’. billion in 2019. “As

Payment Services 246

Payment Services Department Stores Checkout Supermarket 246

Mass Relators

OCTOBER 25, 2023

According to the National Retail Federation (NRF), retailers lost $112 billion due to shrink in 2022, up from nearly $94 billion in 2021. Seven in 10 retailers say the pressure is mounting to improve the efficiency and expense of managing online orders, returns, and the fulfillment process.

Checkout 52

Checkout Payment Services Returns Shrinkage 52

Inside Retail

JUNE 22, 2021

Consumers over 65 were the fastest growing group of online shoppers in the US in 2020, according to NPD Group’s Checkout Tracking, and they accounted for 30 per cent of goods purchased online in the UK last year compared to 20 per cent the year before, The Economist reported. Font size and payment options.

Payment Services 236

Payment Services Department Stores Shopping Consumer 236

CJ Retail Solutions

FEBRUARY 23, 2021

Retail Displays in 2021 – COVID Trends & Tips. Physical screens, usually transparent, have been erected in self-service POS stations, checkouts and security areas, and where deli counters have reopened, some form of screening has been included. These will no doubt continue through 2021.

Payment Services 40

Payment Services Outdoor Supermarket Checkout 40

Mass Relators

SEPTEMBER 20, 2021

The Food Industry Speaks 2021” tells the story of the food retail industry’s resilience and transformation in 2020, and identifies how the landscape continues to shift, FMI said today in releasing the report, which is free to its members. “We Some 11% of retailers are already using microfulfillment, with 15% expecting to do so in 2021.

Payment Services 52

Payment Services Checkout Customer Experience Supermarket 52

Inside Retail

FEBRUARY 8, 2022

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. IR: Tell me about the furniture design process and your partners, like West Elm. How does the production and design process work?

Payment Services 130

Payment Services Fashion Returns Customer Experience 130

Retalon

SEPTEMBER 22, 2021

Major retailers survived 2020 by transforming how they got their products into customers’ hands. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations. What is BOPIS?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Rain Pros

JANUARY 15, 2023

trillion by 2021. Overhead Costs are Low Operating an online business means you don’t have to absorb inflated overhead costs common among brick-and-mortar stores. Additionally, make sure you use security badges to let consumers know that their payment information is protected.

Payment Services 52

Payment Services Target Market Shipping Returns 52

Independent Retailer

FEBRUARY 24, 2022

and Australia said they experienced online payment fraud between March 2020 and March 2021. For example, a simple fraud tool might run an order through AVS (Address Verification Service) and check the card number and CVV code. Rising Rates of False Declines in Ecommerce. Fifteen percent of survey respondents in the U.S.,

Merchant Services 90

Merchant Services Payment Services Checkout Consumer 90

Small Biz Trends

JUNE 19, 2022

million followers, earned just $1,664 from the Creator Fund through January 2021 to May 2021, Business Insider reported. Peer-To-Peer Payments. platforms and Web3, giving creators a way to escape from the proprietary payment systems they were previously compelled to use, and receive tips from their fans in cryptocurrency.

Payment Services 98

Payment Services Promotions Checkout Finance 98

Retail TouchPoints

JUNE 8, 2022

in March 2020 and by 11.2% in April 2020 , while in the U.S. retail sales plunged by 20% from February to April 2020. between 2020 and 2021 in the U.S. and by 10% from 2019 to 2020 in the EU. Facilitating a Seamless Customer Experience with Technology Features.

Merchant Services 215

Merchant Services Payment Services Consumer Checkout 215

Retail TouchPoints

JUNE 8, 2022

in March 2020 and by 11.2% in April 2020 , while in the U.S. retail sales plunged by 20% from February to April 2020. between 2020 and 2021 in the U.S. and by 10% from 2019 to 2020 in the EU. Facilitating a Seamless Customer Experience with Technology Features.

Merchant Services 211

Merchant Services Payment Services Consumer Checkout 211

VMS

NOVEMBER 30, 2022

In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. The palm images, after being entered in a kiosk at the 65 locations, link shoppers’ palms to payment cards. In the Covid years of 2020 and 2021, it had closed a great number of stores to improve profitability. OF YOUR HANDS.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Retail TouchPoints

AUGUST 4, 2023

The travel and tourism industry went through a shock in 2020, with the COVID-19 pandemic leading to a decrease in passenger traffic and significant economic challenges for airports. This, combined with workforce shortages, has caused airports to move more toward automation, with self-service check-in kiosks, baggage drops and mini stores.

Payment Services 212

Payment Services Kiosk Marketing Shrinkage 212

I Vend

JANUARY 20, 2021

2020 was a difficult year for the world and offline retail in particular was hit hard. Here are our predictions on the tech trends that will shape retail in 2021. Cloud-based POS systems process and store transaction data online while an on-premise POS system stores data locally on the retailers store server.

Payment Services 98

Payment Services Social Commerce Checkout Fulfillment 98

Retail Geek

JANUARY 22, 2021

Episode 251 is our annual predictions episode for 2021 and a recap of our 2020 predictions. 2020 Recap – Predictions made on episode 204. 2020 Predictions Recap. 5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). 2021 Predictions. Owned brands continue to grow.

Drop-Shipping 73

Drop-Shipping Payment Services Merchant Services Returns 73

Retail TouchPoints

AUGUST 18, 2022

Buy now, pay later (BNPL) was the trendiest way to pay for all those lockdown purchases back in 2020. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service.

Merchant Services 237

Merchant Services Payment Services Consumer Point of Sale 237

Retail Geek

FEBRUARY 19, 2021

Episode 254 is a breakdown of Walmart and Shopify Q4 2020 earnings reports, a recap of 2020 sales data from the US Dept Commerce, and Amazon News. 2020 Sales Data. US Dept of Commerce released it’s retail data for December, which gives us a full picture of 2020, as well as the Q4 e-commerce data. versus 3.5%

Merchant Services 60

Merchant Services Payment Services Fulfillment Home Furnishings 60