Retail TouchPoints

NOVEMBER 4, 2021

Inflation is driving up shopping prices as we head into the holiday season, a time when many people already feel pressured to go all out on gifts for family and friends,” said Colleen McCreary, consumer financial advocate and Chief People Officer at Credit Karma in an interview with Retail TouchPoints.

Consumer 262

Consumer Merchant Services Payment Services Drop-Shipping 262

Retail TouchPoints

JULY 21, 2020

At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup ; Piloting “micro fulfillment centers” within supercenters to speed up fulfillment of pickup and delivery orders ; and Deploying digitization, robotics and Internet of Things (IoT) technologies to make stores smarter.

Fulfillment 223

Fulfillment Payment Services Beauty and Health Checkout 223

A1 Retail

DECEMBER 8, 2021

The Naturally Fast Food brand has introduced Adyen Giving charity donation service for payments on its new in-store kiosks. Adyen , the global payments platform, has announced the extension of its partnership with Naturally Fast Food brand, LEON to include Adyen Giving.

Payment Services 59

Payment Services Kiosk Fulfillment Returns 59

Inside Retail

MARCH 10, 2022

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. During the Christmas rush, Myer saw sales growth of 17 per cent ending Jan 1, compared to the same period of 2020.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

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.

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Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

MAY 23, 2022

After nearly a decade of underinvestment in its tech stack, FTD began making significant solution investments in early 2020 centered on its upgraded Mercury HQ (MHQ) solution. Part of FTD’s growth plan is to expand from the approximately 2,000 florist member customers currently using the platform to at least 5,000 within the next two years.

Payment Services 251

Payment Services Customer Experience Fulfillment Point of Sale 251

Retail Focus

APRIL 7, 2022

For many SME retailers, the thought of scaling their businesses to enter new markets has many perceived barriers, particularly if you’re managing multiple roles within your business from stock procurement to marketing, quality control and customer services. Simplifying the schemes available. Moving your stock to an EU distribution centre .

Payment Services 130

Payment Services Drop-Shipping Fulfillment Shipping 130

Retail TouchPoints

SEPTEMBER 29, 2020

Retailers seeking guidance as they look ahead to an uncertain Q4 will find plenty of solid, practical advice in the 2020 Retail Strategy and Planning series of webinars, now available on-demand. As a result, many retailers must move beyond manual processes to calculate their sales tax obligations.

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Payment Services Fulfillment Location Shipping 264

Inside Retail

JULY 17, 2022

Decathlon’s Data Lab in Singapore is the latest facet of the brand’s pursuit of innovation and part of its efforts to develop new digital services and incubate data projects, in collaboration with partners such as Sport Singapore, research agencies, and schools.

Payment Services 130

Payment Services Kiosk Checkout Fulfillment 130

Retail TouchPoints

SEPTEMBER 8, 2021

According to a 2020 survey, over half of U.S. It’s not just possible but inevitable that retailers can thrive on Amazon and compete with it at the same time. A business model that was only possible with their unparalleled investment in the systems and shipping, fulfillment and supply chain infrastructure to support it.

Merchant Services 223

Merchant Services Payment Services Fulfillment Shipping 223

Retail TouchPoints

NOVEMBER 20, 2020

As of mid-September, at least 27 major retailers had filed for Chapter 11 bankruptcy protection in 2020, compared to 17 in all of last year, according to Retail Dive. With the pandemic affecting everyone, there has been more transparency and open-mindedness among the various constituents in the process.

Payment Services 258

Payment Services Consumer Management Planning 258

Retail TouchPoints

OCTOBER 4, 2021

Flexible Payments Will Gain Further Ground. Flexible payments are continuing to gain steam, particularly among younger generations. A survey by Klarna found that 75% of Gen Z, 76% of millennials and 60% of Gen X are looking for more flexible payment options. Let the countdown begin….

Merchant Services 314

Merchant Services Payment Services Fulfillment Promotions 314

Inside Retail

NOVEMBER 28, 2022

Following in the footsteps of Instagram, which launched its shop in 2020, TikTok has entered the competitive space with its new shop function, enabling merchants, brands and creators to showcase and sell products directly to over 1 billion users through in-feed videos, LIVEs, and the ‘product showcase’ tab. Higher customer expectations .

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

Retail TouchPoints

JULY 8, 2021

Up to 70% of people still agree that the coronavirus situation concerns them “hugely,” a slight drop from 79% in April 2020. However, these positive attitudes are dependent on factors like physical alternatives, costs and a dependable means of payment, along with credit terms. However, in the U.S.,

Payment Services 286

Payment Services Consumer Shopping Returns 286

Retail TouchPoints

APRIL 13, 2021

The 15 sessions, now available on demand, encompass critical areas of the retail enterprise, including: customer loyalty strategies; visual tech developments such as AR and 3D modeling; fulfillment and delivery management; the power of social networks; fast-growing Buy Now, Pay Later services; and the all-important customer experience.

Consumer 139

Consumer Payment Services Fulfillment Advertising 139

Inside Retail

APRIL 15, 2021

We’ve seen extraordinary e-commerce growth as a result of the pandemic, and Australian retailers have stepped up to the challenge by innovating at a speed we never realised was possible. per cent points in the five years to October 2020, reaching about 9.8 What transpired in 2020 is beyond even the most bullish of predictions.

Merchant Services 130

Merchant Services Payment Services Shopping Customer Experience 130

Inside Retail

FEBRUARY 22, 2022

We’ve made significant investments in the last few years, and when you look at where our e-commerce business is today, compared with where it was two years ago, we’ve invested a lot, but there’s profitability there.”. When we look at our e-commerce customers, they’re still shopping in stores. Remuneration costs left unresolved.

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Payment Services Supermarket Fulfillment Planning 130

Retail TouchPoints

AUGUST 17, 2023

The retailer began offering same-day delivery in partnership with DoorDash in December 2020. Our expanded partnership with DoorDash makes Petco’s differentiated assortment of health and wellness products accessible to even more pet parents across the country,” said Darren MacDonald, Chief Customer Officer at Petco in a statement.

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Payment Services Planning Consumer Shopping 237

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.

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Payment Services Finance Fulfillment ATS 109

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 Next

FEBRUARY 11, 2020

Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates. Here are some of the most significant retail shipping trends to look for in 2020. With so many moving parts in a business, it can be hard to know where someone’s package is heading at any given moment.

Shipping 59

Shipping Drop-Shipping Payment Services Supply Chain Management 59

Retail TouchPoints

JANUARY 22, 2021

The IDC FutureScape 2021 webinar took a close look at some of the biggest, most impactful developments retailers can expect in the coming years. Part of the redesign of the store is all about finding the right balance of consumer pickup locations where inventory exists, where we store it and where and how fulfillment happens. ”.

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Payment Services Store Layout Fulfillment Consumer 213

Retail TouchPoints

JUNE 5, 2023

The Aldi Express service is now available from more than 2,100 Aldi supermarket locations across the U.S. “We We know our customers live hectic lives, and sometimes that means they don’t have time to make it to the grocery store — even for a quick trip,” said Scott Patton, VP of National Buying at Aldi in a statement.

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Payment Services Supermarket Location Shopping 232

Retail TouchPoints

FEBRUARY 5, 2021

Holiday season 2020 has come to an end, so what now? The transaction cycle does not end after purchase, and successful retailers should ensure that their omnichannel systems and processes are able to seamlessly handle the recovery period that comes after the holidays. Creating a Frictionless Returns Process.

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Payment Services Returns Specialty Retailers Promotions 175

Retail TouchPoints

JUNE 12, 2020

during Q1 2020, and unlike many other retailers that made up some of the difference with e-Commerce growth, its online sales, including rentals, fell 31.9%. However, the pandemic forced Tailored Brands to close all its shops and e-Commerce fulfillment centers in the U.S. operational as of June 5. stores; Down about 78% at Jos.

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Payment Services Operating Expenses Fulfillment Planning 133

Rangeme

APRIL 22, 2024

The application process is simplified, especially with well-organized inventory records, and loans are secured by the inventory itself, reducing the reliance on personal or business credit history. They expedite growth by injecting funds directly into the business operating account, eliminating the need to wait for slow cash cycles.

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Payment Services Finance Promotions Marketing 78

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.

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Planning Beauty and Health Payment Services Checkout 130

A1 Retail

JUNE 15, 2021

A new wave of digital payments is underway, with growing consumer demand for digital wallets, QR codes, and crypto. Study based on views of 10,000 European consumers and 550 senior execs at Europe’s top eCommerce retailers. In 2020, lockdowns across the world accelerated the shift towards online retail.

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Merchant Services Payment Services Consumer Shopping 58

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. over the six weeks of Christmas 2020, the worst-ever outcome. If services involve remote assistance, e-tailers should evaluate the software they are putting into use.

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Merchant Services Payment Services Returns Inventory Management 96

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.

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Checkout Returns Shipping Promotions 182

Inside Retail

JULY 25, 2022

The retailer expects to open at least four more stores – two full-line locations and two Home locations – this calendar year, with many more in the pipeline. Aggressive expansion has been a top priority for the business since it was acquired by Spotlight Retail Group in 2020.

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Payment Services Apparel Location Department Stores 130

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

JANUARY 31, 2022

The launch follows similar efforts elsewhere: UK supermarkets Tesco and Sainsbury’s have both launched their own variations on the Shop&Go formula; Amazon’s larger Go Grocery store launched in Seattle in 2020 and focuses on produce and household essentials; and, locally, Woolworths has made an attempt.

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Checkout Shopping Supermarket Payment Services 130

Retail Gazette

JUNE 3, 2024

“Ocado’s share price irrationally rose in the stock market nonsense of 2020 when certain investors thought we would never go back to stores, which was nonsense, but Ocado did a good job feeding the frenzy,” he says. M&S chief executive Stuart Machin said the “binary” performance-based payment was not met.

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Payment Services Supermarket Inventory Management Grocer 59

Retail TouchPoints

OCTOBER 22, 2020

Target is rolling out multiple initiatives aimed at improving in-store safety during the holiday season, including contactless self-checkout, skip-the-line technology and doubling the number of contactless pickup parking spots. They can then check out with an associate or at self-checkout as they normally would.

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Checkout Payment Services Location ATS 210

Retail Minded

MARCH 10, 2022

Very few retail leaders would argue that the role of physical stores are the same as they were at the start of 2020. Quite simply, retailers need to rethink traditional ideas around assets and operations. Most would agree that they are very different in direct response to the global pandemic.

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Dead-Stock Fulfillment Payment Services Clienteling 98

Retalon

SEPTEMBER 11, 2020

Demand is an economics concept that describes the willingness of consumers to purchase a specific product at a specific price. Forecasting is a statistical process that uses existing data to predict future performance. Demand forecasting is, as mentioned above, the process that generates forecasts of customer demand.

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Payment Services Promotions Accounting Fulfillment 41