Inside Retail

FEBRUARY 4, 2024

Consumers will be even more selective, payment flexibility and innovation will be vital, and new tools to boost online security will gain momentum. Using promotional codes, cashback offers and rewards and spending more time researching before buying were similarly set to remain persistent trends.

Merchant Services 264

Merchant Services Payment Services Accounting Consumer 264

Retail TouchPoints

JUNE 15, 2022

based online sellers” are reportedly participating in the beta test of Buy Direct, but a source told Business Insider that Microsoft hopes the service will drive $25 million in gross merchandising value (GMV) by fiscal 2023, which ends June 30, 2023. At the moment a “ couple hundred U.S.-based

Merchant Services 306

Merchant Services Shopping Payment Services Advertising 306

Retail TouchPoints

JANUARY 5, 2021

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. 24, 2020), or 2.4% However, the larger story of holiday 2020 is still being written. 11 through Dec. during the traditional Nov.

Drop-Shipping 311

Drop-Shipping Returns Merchant Services Shipping 311

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. Retailers Will Continue Pushing Earlier Promotions ….

Merchant Services 321

Merchant Services Payment Services Fulfillment Promotions 321

Retail TouchPoints

APRIL 22, 2022

With the pandemic ushering a wave of traditionally brick-and-mortar merchants online since 2020, the chances of being targeted by scammers is at an all-time high. In 2020, retailers lost $17.5B, with a report projecting an 18% increase in losses last year.

Merchant Services 278

Merchant Services Returns Fulfillment Promotions 278

Retail TouchPoints

AUGUST 5, 2022

Online fraud cost digital commerce merchants $27 billion in 2021 , so it’s no surprise that retailers have redoubled their focus on eliminating these threats. With marketing and advertising costs, discounts, promotions, free shipping, fast deliveries and high returns, leaving money on the digital commerce table isn’t an option.

Merchant Services 288

Merchant Services Returns Shipping Payment Services 288

Retail TouchPoints

JANUARY 12, 2021

They provide the venue that connects merchants with customers and offer services and experiences that a single retailer cannot. While retailers can target and engage with customers online, it’s been a long-time struggle for merchants to convert foot traffic into intelligent data. Post-COVID: Shopping = Buying + Experience.

Shopping 288

Shopping Merchant Services Advertising Customer Experience 288

Retail TouchPoints

NOVEMBER 4, 2021

toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Adobe reports that out-of-stock messages are up 172% compared to January 2020 and up 360% from January 2019. Stressed Consumers Spread Out Spending with BNPL.

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

MARCH 11, 2022

Twitter Lets Merchants Create In-App ‘Shops’. Twitter is testing a new free feature called “Shops” that allows merchants to showcase up to 50 products on their own in-app shop. The offering expands on Twitter’s existing Shop Module , which lets merchants display up to five products directly on their profile. “We

Social Commerce 305

Social Commerce Merchant Services Advertising Shopping 305

Retail TouchPoints

NOVEMBER 11, 2020

Brick-and-mortar stores quickly set up online shops, and organizations offered new services such as online checkout, payout or purchasing options. The result was substantial: all North American online retail orders increased by 126% by May 3, 2020. For others, risks were invited in via third parties.

Merchant Services 194

Merchant Services Consumer Management Checkout 194

Inside Retail

APRIL 29, 2023

The acceptance of cash has started to trend upwards again, but payment technology is helping businesses to deliver consistently better experiences, so what does the future hold? And how can businesses be ready for evolving payment technologies? Consumers, too, preferred to use contactless payments or to shop online.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Retail TouchPoints

NOVEMBER 16, 2022

21, is designed to encourage people to support SMBs throughout the holiday season, and those shopping the guide will have access to special holiday promotions and discounts. Amex also has partnered with musical artist Chlöe Bailey to create a “Shop Small Soundtrack” that TikTok users can add to their content.

Merchant Services 278

Merchant Services Finance Advertising Marketing 278

Retail TouchPoints

AUGUST 7, 2020

However, other potentially even more significant trendlines show fundamental changes in consumers’ decision-making process related to picking brands and demonstrating customer loyalty. It has also meant that many brands have been offering more promotions and discounts than ever in order to stay afloat,” Jefferies added. “We’re

Consumer 309

Consumer Merchant Services Shopping Promotions 309

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

JULY 22, 2021

2020 lasted 11 days , instead of the typical 24 hours, also helped greatly in boosting that number. is much more than just Chinese Prime Day : There is no real American equivalent to the Chinese shopping festival in terms of both pageantry and scale, so a region-specific strategy is a must; Promotions alone won’t cut it : 11.11

Merchant Services 328

Merchant Services Consumer Shopping Accounting 328

Inside Retail

DECEMBER 1, 2021

In the last financial reporting year, covering calendar 2020, the world’s top 20 technology companies booked revenues of US$2.1 Lockdowns, movement restrictions, and other social-distancing initiatives were promoted as quick fixes, but dragged on. The mall operator provided a delivery service there for its tenants.

Merchant Services 130

Merchant Services Payment Services Net Profit Sporting Goods 130

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Richard Maicki. Keith Jelinek.

Drop-Shipping 200

Drop-Shipping Merchant Services Fulfillment Shipping 200

Inside Retail

JUNE 30, 2022

Long-time winemaker Shelley Cox has found a cost-effective way to promote and sell brands from her Barossa community. Cox is the founder of Makers & Merchants Barossa, a collective store showcasing the work of local creatives and producers. And I decided we could do the same for local makers and merchants.”.

Merchant Services 130

Merchant Services Shopping Shipping Promotions 130

Inside Retail

JUNE 30, 2022

Long-time winemaker Shelley Cox has found a cost-effective way to promote and sell brands from her Barossa community. Cox is the founder of Makers & Merchants Barossa, a collective store showcasing the work of local creatives and producers. And I decided we could do the same for local makers and merchants.”.

Merchant Services 130

Merchant Services Shopping Shipping Promotions 130

Retail TouchPoints

JUNE 11, 2020

Even when we look back to early 2020 before COVID-19 was a global pandemic, retail was being shaken at its foundations by the rapid rise of Amazon; consumer shifts to online channels and home delivery; declining brand loyalty among shoppers; and supply chain complexity in the midst of tariff and trade wars.

Management 182

Management Merchant Services Promotions Marketing 182

365 Retail

JULY 20, 2022

in 2020, with e-commerce accounting for more than three-quarters of overall retail growth, and 57% of global shoppers’ spend is now online, and this momentum will only continue to drive the retail industry forward. Their glasses and voice assistants would even offer them special promotions crafted specifically for their needs.

Merchant Services 120

Merchant Services Shopping Customer Retention Department Stores 120

Inside Retail

FEBRUARY 22, 2024

According to her, the expo’s business-matching service plays a crucial role in supporting Australian SMEs looking for opportunities in international markets such as Southeast Asia and China. There is also a growing appetite for natural and genuine products, which is totally resonating with Australian and New Zealand merchants.

Merchant Services 130

Merchant Services Social Commerce Marketing Target Market 130

Retail TouchPoints

NOVEMBER 14, 2022

growth recorded in 2021 and the 26% jump in 2020. was to enhance certainty for our merchants’ operations,” said Chui Xue, President of Industry Development and Operation Center of Taobao and Tmall at Alibaba Group in a statement. “We 10 and featured some of the biggest promotions. 10 and featured some of the biggest promotions.

Merchant Services 147

Merchant Services Jewelry Shopping Shipping 147

Indigo 9 Digital

JANUARY 17, 2023

DoorDash’s revenues in fourth quarter of 2020 were up 226% to reach $970 million, Uber Eats’ revenues were up in a similar fashion by 224% to reach $1.4 Similarly DoorDash has never generated a profit with the exception of the second quarter of 2020 where it made a profit of $23 million. "It Link to source: Marketwatch.

Merchant Services 116

Merchant Services Payment Services Consumer Marketing 116

Independent Retailer

NOVEMBER 2, 2021

Crypto Payments Help Deliver a Competitive Advantage. Crypto payments help businesses attract a new customer segment while also lowering payment costs and eliminating fraud chargebacks. There are four main findings based on interviews with four merchants that accept bitcoin and other cryptos.

Merchant Services 105

Merchant Services Payment Services Shipping Wholesale 105

Mass Relators

MARCH 31, 2024

Dollar General has promoted 18 executives to new roles at the company. Leslie Allen Leslie Allen has been promoted to senior vice president, human resources. Christine Connolly Christine Connolly has been promoted to senior vice president, corporate secretary and assistant general counsel, securities and governance.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

Store Growers

MARCH 9, 2020

Google Merchant Center (Beginner). Google Merchant Center (another free Google tool ) is the place where all the heavy lifting happens. Google is promoting it hard but I’m still not a fan. That process will allow you to find search queries with enough volume and buying intent. So how do you find the right people?

Advertising 75

Advertising Shopping Accounting Checkout 75

Retail Gazette

OCTOBER 24, 2023

Flying on a high off the pandemic online shopping trend, Wish debuted on the Nasdaq stock exchange in December 2020 providing it with an initial valuation of £11.4bn ($14bn). However, some ecommerce platforms have seen an influx of fake reviews promoting poor quality goods. Wish has some way to go to catch up with Shein and Temu.

Drop-Shipping 116

Drop-Shipping Merchant Services Shipping Planning 116

Retalon

AUGUST 5, 2020

Most Important KPIs for the Retail Industry in 2020. How effective are their promotional campaigns? Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Promotions Uplift Retail KPIs that Answer Questions About Customer Behavior 8. In-Stock Percentage 2.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

A1 Retail

FEBRUARY 22, 2022

New data from Klarna, the global retail bank, payments and shopping service, reveals that Klarna’s retail partners received 301 million clicks from consumers via the Klarna app globally in 2021, increasing their traffic by 2.6 times compared to 2020.

Merchant Services 52

Merchant Services Payment Services Comparison Shopping Checkout 52

Small Biz Trends

JULY 19, 2021

These restricted items include but are not limited to certain firearms and parts, goods or services that promote self-harm, COVID-19 products that flout the rule for the sale of COVID-19 related products, etc. billion in 2020. billion in 2020. billion on their pets in 2020. packaged food market size was $ 996.56

Accessories 137

Accessories Jewelry Merchant Services Marketing 137

Rangeme

SEPTEMBER 7, 2021

of all units sold for the 52 weeks ending December 26, 2020, according to Chicago-based market researcher NielsenIQ. Private label done the right way can be a gigantic value-add for merchants,” Cramer says. They might request that you do some promotions throughout the year. Grocery stores’ private offerings constituted 23.4%

Merchant Services 98

Merchant Services Consumer Supermarket Marketing 98

Retail Gazette

DECEMBER 13, 2024

Anthony Hemmerdinger, UK and Ireland managing director, Boots Boots promoted retail and operations director Anthony Hemmerdinger as its new CEO after Seb James resigned from the post. The retailer said he has been “instrumental” in the delivery of its enhanced healthcare and beauty services in-store.

Department Stores 105

Department Stores Beauty and Health Grocer Supermarket 105

Mass Relators

JANUARY 31, 2022

president and chief executive officer John Furner this month announced a number of personnel moves, including the promotion of Tom Ward to executive vice president and chief e-commerce officer. Furner announced Ward’s promotion in an internal memo dated January 20. . — Wal­mart U.S. business.”. Ward arrived at Walmart U.S.

Management 52

Management Merchant Services Promotions Fulfillment 52

Independent Retailer

NOVEMBER 21, 2022

In 2020, lockdown-fuelled online shopping surges led to mass stockouts; 2021 brought global supply chain issues and delays; and this year, among skyrocketing inflation and the cost-of-living crisis, there is a widely expected lack of demand. There is no question that sustaining sales with long-term promotional periods eats into profits.

Shopping 97

Shopping Merchant Services Consumer Planning 97

Retail Minded

NOVEMBER 13, 2022

In 2020, lockdown-fuelled online shopping surges led to mass stockouts; 2021 brought global supply chain issues and delays; and this year, among skyrocketing inflation and the cost-of-living crisis, there’s a widely expected lack of demand. . There’s no question that sustaining sales with long-term promotional periods eats into profits.

Merchant Services 87

Merchant Services Planning Promotions Marketing 87

Indigo 9 Digital

FEBRUARY 28, 2023

Laura Illanes, a 22-year-old student at the University of South Carolina Upstate, said she gets six free pieces of clothing from Shein each month for promoting the brand to her 36,000 Instagram followers. 2020 marked the first time Inditex ended a year with fewer stores than when it started the year. and ultimately profitability.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98