365 Retail

JULY 26, 2021

Transaction volumes across Chinese supply chains had been growing at a phenomenal rate in the second half of 2020, but Tradeshift’s data suggests a significant slowdown since the beginning of 2021. Supply chain operators are walking a tightrope in order to keep recovery on track.

Payment Services 109

Payment Services Finance Fulfillment ATS 109

Retail Gazette

JULY 23, 2023

However, as they made losses last year – mostly due to large interest payments on the debts loaded onto their balance sheets – no tax was due, The Sunday Times reported. Asda was acquired in 2020 by billionaire brothers the Issas, who made their fortune from EG Group. for every pound spent with it.”

Payment Services 98

Payment Services Finance Supermarket 98

Retail Gazette

SEPTEMBER 4, 2023

In a letter to one of the billionaire brothers who bought the supermarket with private equity firm TDR Capital back in 2020, Darren Jones, the chair of parliament’s business and trade select committee, has asked for details of its corporate structure, capital investment and profit margins on petrol.

Payment Services 105

Payment Services Finance Supermarket Wholesale 105

365 Retail

AUGUST 3, 2022

New data from Barclaycard Payments on the ‘subscription economy’ sheds light on how demand for sign-up products and services is evolving following growth during the pandemic – and the impact on consumer spending as the cost-of-living takes its toll*. Barclaycard Payments found that the average UK household spends £41.70

Payment Services 52

Payment Services Beauty and Health Finance Consumer 52

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

Nvidia

JANUARY 27, 2022

From the largest firms trading on Wall Street to banks providing customers with fraud protection to fintechs recommending best-fit products to consumers, AI is driving innovation across the financial services industry. AI for underwriting increased fourfold, from 3 percent penetration in 2021 to 12 percent this year.

Payment Services 95

Payment Services Planning Customer Experience Management 95

Small Biz Trends

JULY 11, 2022

COVID entered most Americans’ consciousness in March of 2020 and had an almost immediate impact on many small businesses. Fortunately, one year later, a Bill.com survey showed that 75% of SMBs took actions ranging from price changes, new business models, new customer outreach, and new product offerings and services.

Payment Services 98

Payment Services Accounting Finance Consumer 98

VMS

JANUARY 25, 2022

retail sales, which soared to $4.583 trillion in 2021. “As The 2021 total rate of returns (16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8 The categories with the highest return rates were similar to 2020 metrics: auto parts (19.4 This accounts for an average of 16.6

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

A1 Retail

AUGUST 5, 2021

Digital and ‘Deliver-to-Door’ services continue to soar in popularity with the value of Britain’s subscription economy up 23 per cent year-on-year. This provided a lifeline to the 32 per cent of retailers who offer subscriptions, with 71 per cent saying the services helped save their business during lockdown. 54 per cent.

Payment Services 76

Payment Services Consumer Finance Planning 76

365 Retail

JULY 6, 2022

The third annual report on sign-up products and services by Barclaycard Payments reveals how the subscription economy has evolved as the cost of living starts to impact consumer spending, following the huge growth seen during the pandemic*. per cent fall in subscription spending in May 2022 when compared to May 2021.

Payment Services 57

Payment Services Consumer Beauty and Health Finance 57

Small Biz Trends

AUGUST 2, 2022

Business leaders can expect more incidents of attack surface expansion, data security breaches, digital supply chain attacks, ransomware attacks, distributed denial-of-service (DDoS) attacks, identity theft, and remote code execution attacks than in the previous year if they don’t take proactive cybersecurity measures. billion in 2021.

Payment Services 111

Payment Services Wholesale Finance Accounting 111

365 Retail

JULY 5, 2022

The Very Group, operator of multicategory digital retailers Very and Littlewoods, has appointed former president and CEO of Walmart Japan Lionel Desclée as group CEO. Before joining Walmart, Lionel spent three years as president and CEO of Tom & Co, which operates over 160 pet care stores in Belgium, Luxembourg and France.

Payment Services 120

Payment Services Supermarket Finance Fulfillment 120

Inside Retail

APRIL 3, 2023

India crossed that threshold in 2021, according to the bank’s latest available data, which could put it on a similar growth trajectory even though weak job growth and income inequalities in the country pose a risk to this outcome. in 2020 and $389.3 versus $212.9 for China, data from CLSA showed. for China, the data showed.

Beauty and Health 130

Beauty and Health Payment Services Consumer Finance 130

Inside Retail

FEBRUARY 27, 2023

From 2020-22, retailers took the opportunity to accelerate their digital transformations. However, over the 12-month period from November 2021 to November 2022, online purchases were down 3.8 per cent due to lockdown-driven spending in 2021. Customer service This is often a buyer’s primary point of contact with a brand.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Small Biz Trends

AUGUST 13, 2022

With almost 20 years in business, it is pre-qualified for an SBA 7(a) loan, with a 15% down payment, and a 10-year loan term. This best-in-class laboratory process and facility is a full-service reference lab with multiple pillars of revenue sources. On-Site Car Wash Service. Sporting Goods Store.

Payment Services 97

Payment Services Sporting Goods Location Finance 97

Small Biz Trends

JULY 20, 2022

Benlevi had been charged for submitting 27 PPP loan applications to four banks between April and June 2020 on behalf of eight companies owned by Benlevi. This includes cash withdrawals, payments on his credit cards, and transfers to other personal and business accounts he controlled. million of the PPP’s 11.8

Payment Services 105

Payment Services Accounting Finance ATS 105

Inside Retail

AUGUST 5, 2021

In our latest webinar with customers, CommBank economists outlined how the New South Wales lockdown was impacting the otherwise strong economic recovery from the events of 2020. At this stage, our economists expect the total value of goods and services sold in NSW (State Final Demand) to contract by 9 per cent in the September quarter.

Merchant Services 147

Merchant Services Payment Services Finance Management 147

Small Biz Trends

OCTOBER 17, 2022

A Proofpoint report states that smishing attacks doubled in US users in 2021. And data from Federal Trade Commission (FTC) revealed that 378,119 SMS-related fraud reports were filed in 2021. Here are industries that are the main data breach victims, according to the Verizon Data Breach Investigations Report: Finance. from 2021.

Payment Services 144

Payment Services Finance Consumer Accounting 144

Independent Retailer

JANUARY 5, 2023

More ecommerce engagement and transactions should be facilitated through the likes of chatbots, AR/VR, and similar interactive tools. Loyalty will be a low priority for shoppers as they focus on their personal finances. Shoppers are more willing to finance, including those reluctant before. . Conversational Commerce.

Payment Services 84

Payment Services Consumer Wholesale Finance 84

Small Biz Trends

AUGUST 16, 2022

They’re interested in valuable targets, they also can tweak their practices to attack easy targets to steal employee and customer records, bank account information, access business finances, and gain access to larger networks. million in 2020 to $2.98 million in 2021, a 26.8% Why Is Cyber Security Important?

Payment Services 98

Payment Services Accounting Finance Advertising 98

A1 Retail

SEPTEMBER 17, 2021

Whilst traditionally using cash or plastic cards for payments, the country has embraced more digital forms of payment over the last few years with almost half (46%) of Brits saying they were more willing to pay digitally at the peak of the lockdown in 2020.

Merchant Services 67

Merchant Services Payment Services Shopping Finance 67

Retail Insider

OCTOBER 28, 2021

After its most-recent fundraising, digital payments company Stripe achieved a value of an incredible $95bn, as it follows in the wake of the likes of Uber, Deliveroo, Darktrace, Square, Airbnb and Palantir in hitting eye-watering valuations before even considering resorting to the public markets to access late-stage funding.

Marketing 52

Marketing Payment Services Finance Location 52

365 Retail

SEPTEMBER 14, 2021

Whilst traditionally using cash or plastic cards for payments, the country has embraced more digital forms of payment over the last few years with almost half (46%) of Brits saying they were more willing to pay digitally at the peak of the lockdown in 2020.

Merchant Services 52

Merchant Services Payment Services Shopping Finance 52

Retail TouchPoints

APRIL 5, 2021

The decline in COVID-19 cases and continued vaccine rollout is already having positive effects: consumer anxiety levels have dropped 10% and worldwide anxiety is at its lowest level since April 2020, according to data from the Deloitte State of the Consumer Tracker.

Returns 178

Returns Apparel Jewelry Payment Services 178

Inside Retail

MAY 11, 2021

The 2021-2022 Budget includes $1.1 A national plan on women’s safety will focus on preventing violence, delivering frontline services and providing financial support for women leaving a violent relationship. billion for women’s safety measures, $20.5 million to prevent and respond to workplace sexual harassment and $1.9

Payment Services 130

Payment Services Planning Returns Finance 130

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

A1 Retail

NOVEMBER 10, 2021

SMEs say digital acceleration during the pandemic has been crucial to their prospects of a profitable finish to 2021. 81 per cent invested in their digital and online services during the pandemic, while 71 per cent expect to do all or the majority of their Christmas business online this year.

Shopping 40

Shopping Payment Services Finance Consumer 40

Small Biz Trends

JUNE 27, 2022

Dating apps are overrun with cryptocurrency scams and about 20% of the money lost in romance scams from October 2020 through March 2021 was sent by cryptocurrency to fake accounts, according to the Federal Trade Commission (FTC). Make sure they have a product or service and that it’s something you’re interested in.

Payment Services 98

Payment Services Returns Accounting Promotions 98

Retail Geek

OCTOBER 29, 2021

Episode 279 is breakdown of Amazon, eBay, Shopify, and Snap Q3 2021 earnings, and a discussion of Rent the Runway’s IPO. October 28th, 2021. It was a rigorous process. A weekly podcast with the latest e-commerce news and events. We also discuss the Rent the Runway IPO. Transcript.

Advertising 52

Advertising Merchant Services Payment Services Finance 52

Small Biz Trends

JUNE 19, 2022

The TikToker Preston Seo, a personal finance influencer with more than 2.1 million followers, earned just $1,664 from the Creator Fund through January 2021 to May 2021, Business Insider reported. Peer-To-Peer Payments. On average, he earns between $9 and $38 per day from the fund.

Payment Services 98

Payment Services Promotions Checkout Finance 98

VMS

NOVEMBER 30, 2022

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. In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. BEYOND AWFUL.

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

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 2020 those impatient buyers became scared buyers who weren’t sure if they should spend money or not. The grocery industry created curbside service, meal kits, and deliveries within crazy time frames.

Suggestive Selling 52

Suggestive Selling Payment Services Returns Accounting 52

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 TouchPoints

MARCH 29, 2022

Sessions illustrate the increasingly complex nature of the customer experience, and how the lines between commerce, marketing, service, and even supply chain and fulfillment, continue to blur. trillion was spent globally on marketplaces in 2021, and two-thirds of B2C ecommerce sales now happen on marketplaces. A whopping $3.23

Payment Services 192

Payment Services Merchant Services Consumer Customer Experience 192

365 Retail

JUNE 7, 2021

Analysis by Tradeshift shows that the volume of transactions across retail supply chains dropped by nearly 50% when lockdown restrictions came into effect in April 2020. Supply chain operators were caught flat footed by the pandemic. Even as high streets begin to re-open, the latest data suggests that footfall in May 2021 was 27.5%

Payment Services 52

Payment Services Finance Returns Customer Experience 52

Retail TouchPoints

OCTOBER 7, 2020

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions.

Payment Services 210

Payment Services Point of Sale Specialty Retailers Customer Experience 210