I Vend

SEPTEMBER 23, 2020

September 23, 2020 – CitiXsys, developer of the enterprise retail management solution, iVend Retail, is being recognised for supporting the global retail community with a 2020 Tech Cares Award from TrustRadius. The post iVend Retail Wins 2020 Tech Cares Award from TrustRadius appeared first on iVend Retail Blog.

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RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

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Jewelry Specialty Store Point of Sale Inventory Management 52

Inside Retail

APRIL 30, 2024

In 2020, Tattarang, a prominent Australian investment group, acquired RM Williams with a vision to propel the brand into the digital age while preserving its heritage. NewStore has essentially made the traditional cash wrap obsolete, as all associates now serve as points of sale.

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Retail TouchPoints

JUNE 7, 2021

A recent study from Adobe revealed that online spending grew by $183 billion in 2020 , highlighting the tremendous impact of the pandemic on shopping habits. . Quickly casting a broad net is also valuable for companies that deal with seasonality, especially in an environment where some seasons can happen at any time, as was the case in 2020.

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Retail TouchPoints

MARCH 11, 2021

retail executives whose stores offered at least one method of store-based online order fulfillment — revealed that the pandemic triggered a 5X increase in ecommerce volume in 2020 compared to the same period in 2019. View the Point-of-Sale Software for High-Touch Retailers Buyers’ Guide to learn more about the report.

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Retail TouchPoints

JANUARY 13, 2021

The credit cards will closely connect with Walgreens’ new myWalgreens customer loyalty program, which launched in November 2020. The retailer plans to explore a number of Mastercard solutions including services such as insight and analytics, customer engagement and loyalty, cybersecurity and point-of-sale financing, including installments.

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RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2020, $27.4B. 2010, $14.1B. 2015, $18.9B. 2019, $ 20.7B.

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Jewelry Specialty Store Point of Sale Inventory Management 40

Retail Next

FEBRUARY 28, 2020

To cover this idea in more detail, this article identifies five specific ways in which the in-store experience is shaping retail in 2020. A previous post on the ‘Top Tech Trends Shaping Retail in 2020’ covered some noteworthy examples, including the use of augmented and extended reality. Prioritizing Experience Over Inventory.

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Retail TouchPoints

NOVEMBER 30, 2021

Amazon announced that it would make its JWO technology available to other retailers in March 2020 , and deployed the technology at an Amazon Fresh store in June 2021. A checkout-free Chartwells convenience store debuted in November 2020 at its University of Houston location using technology from Standard.

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Retail TouchPoints

JUNE 7, 2022

Brok, who took the CEO job in September 2020, is a retail and brand veteran with more than 30 years’ experience, most recently as President of EMEA for Starbucks. He will be replaced by his predecessor, Chris de Lapuente, Chairman and CEO of the Selective Retailing division of LVMH Moet Hennessy Louis Vuitton , Sephora’s parent company.

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Retail TouchPoints

MARCH 3, 2022

These tech upgrades are part of the retailer’s three -year, $250 million growth plan announced in October 2020. Bed Bath & Beyond also is trimming its store footprint; in January 2022 the retailer revealed that it would close 37 stores this year as part of the 2020 plan to shutter a total of 200 underperforming store locations.

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Retail TouchPoints

JUNE 2, 2022

Couche-Tard first deployed the Mashgin technology in 2020 across nearly 500 Circle K locations in the U.S. We look forward to introducing this new platform to stores across our network.”. and Sweden and at the Couche-Tard retail innovation lab store at Montreal’s McGill University.

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Inside Retail

JANUARY 17, 2023

“From a sales perspective […] we’ve started off incredibly well this year,” Creed CEO Sarah Rotheram told Inside Retail. The brand launched in China via Tmall in late 2020, and instantly recognised that there was a huge demand for its products. Rotheram revealed that the brand will be exploring new markets in 2023.

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Retail TouchPoints

MARCH 12, 2021

Vend generated revenue of approximately $34 million and gross transaction value of more than $7 billion in the trailing twelve-month period ending December 31st, 2020. The acquisition of Vend follows just months after Lightspeed acquired cloud commerce platform provider ShopKeep in November 2020, a deal that expanded the company’s U.S.

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Retail TouchPoints

FEBRUARY 24, 2021

The rollout, which began in September 2020, was completed within only four weeks, according to Nedap , the technology provider. In July 2020, Encuentro Moda began working with Nedap by integrating the provider’s !D The rollout was completed in October 2020. Adding Real-Time Inventory Data.

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Inside Retail

DECEMBER 7, 2022

per cent increase over 2020. Esser revealed that there are more than 4000 points of sales in the APAC region. The company has bounced back from the dip in sales during the pandemic, and is on track to deliver growth as the company returns to pre-pandemic levels of commercial success. “Our per cent to US$227 million.

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Retail TouchPoints

APRIL 27, 2021

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

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Inside Retail

AUGUST 11, 2021

“We’re building a new e-commerce site, we’re implementing marketing cloud and service cloud, we’re implementing a customer data platform (CDP), and on top of that, we’re implementing a new order management system and mobile point of sale platform,” Alexander told Inside Retail.

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Retail TouchPoints

APRIL 3, 2024

So when the retailer makes changes to the integrated system — which can be anything from a point-of-sale system to an Excel sheet with inventory items — these changes are automatically implemented into the signage. Dynamic templates are pre-designed layouts that update themselves based on data they receive from an integrated system.

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Inside Retail

MARCH 6, 2023

In 2020, we relaunched the website, and that allowed us to accelerate during Covid-19. We also announced our partnership with Porsche in 2020. VM: Back in 2018, we had 93 points of sale, including wholesale and stand-alone boutiques. We’ve now consolidated that down to around 69 points of sale.

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Retail TouchPoints

APRIL 21, 2021

ecommerce share in 2020, up from 23.7% of 2020 North American POS spend, and FIS doesn’t expect that pace to slow down in the coming years. in 2020 due to demand for contactless payment methods. The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% of ecommerce spend.

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Inside Retail

JULY 12, 2023

Taking to LinkedIn last month, Chang, who was elected as a City of Melbourne councillor in 2020, said the struggles of operating the business carried a significant mental toll. “I The platform also offers point of sale integrations, table ordering, and pickup and delivery solutions.

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Retail TouchPoints

APRIL 12, 2024

Back in 2020, Walgreens was sued in class action for improperly taxing protective face masks in Pennsylvania. While the damages to any one taxpayer are very small, the aggregate harm for applying tax incorrectly in many locations for multiple products for a long period of time can be substantial.

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Retail TouchPoints

JULY 8, 2021

million customers have set up an Afterpay Card to shop in person since the solution went live in fall 2020. A number of brands with Westfield locations have recently begun to accept contactless and flexible payment solutions from Afterpay in their stores, including Lush Cosmetics , Aldo , The Children’s Place and The Container Store.

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Promotions Advertising Returns Customer Experience 264

Retail TouchPoints

JULY 7, 2020

market is expected to see an 800% increase in people using at least one form of a digital wallet between 2020 and 2024. And contactless is not limited to the point of sale. Installment payment solutions offer greater flexibility at the point of sale, but not all buy-now-pay-later options offer the same benefits.

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Merchant Services Payment Services Point of Sale Consumer 197

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 22, 2020

Despite the plummeting jewelry sales during the first period of confinement between March and April of 2020, the mood is on the up-swing again. With the rise of new entrants every day, every sale count; hence the importance of having the right Jewelry point of sale system to make informed decisions.

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Jewelry Point of Sale Management Consumer 120

Retail TouchPoints

JANUARY 18, 2022

Retailers frequently ask customers to enroll in a loyalty program at point of sale — especially during the holiday shopping season. In fact, 61% of consumers have joined a loyalty program to get discounts for holiday shopping. News & World Report.

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Retail TouchPoints

JULY 27, 2020

Earlier this year, we released a report, titled “The Best Vision is Insight,” outlining our predictions for the top retail trends of 2020. Faster checkouts can reduce long lines conditioned by social distancing, while the greater cleanliness associated with contactless appeals to consumers reluctant to touch anything at the point-of-sale.

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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. Our attitude is the members are most important ,” said Powell.

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365 Retail

MAY 2, 2024

Retail is, naturally, making the most of the internet as a point of sale. The prime example would be Sale. High street still on top in retail Even in November 2020, internet sales only made up 37.2 per cent of total retail sales. Due to the sales, this is the biggest month of the year for UK shoppers.

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Point of Sale Shopping Marketing Consumer 52

Retail TouchPoints

JULY 12, 2022

First deployed in 2020 , Dash Carts are already available at many Amazon Fresh stores across the U.S. Now the new version will roll out at the Whole Foods store in Westford, Mass., which will be the first Whole Foods in the country to have access to the high-tech carts.

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Inside Retail

MARCH 23, 2022

Lanvin Group operates in more than 80 countries with some 1200 points of sale – including more than 300 stores – and 3600 employees. About half of Lanvin’s sales come from the Europe, Middle East and African market. Online sales soared 407 per cent compared with 2020 and were 14 times the rate of 2019.

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Retail TouchPoints

FEBRUARY 7, 2023

First announced at NRF 2020, COVID has supercharged the adoption of alternative channels for medical care and wellness. We also see significant new investments in the point-of-sale solution to complement past investments in digital.

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Retail TouchPoints

FEBRUARY 17, 2021

in March 2020, consumer buying behavior began shifting. 2020 has created a slew of new challenges for retailers, but by investing in technology, retailers can analyze consumer behavior and test out promotional campaigns in order to create a more targeted and efficient marketing strategy for the future.

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365 Retail

JUNE 18, 2021

The company published its latest results with Companies House, which showed revenues in the year to September 2020 fell £243 million, down 32.7% There was some recovery for the company when stores were allowed to reopen in the summer, with UK city centres trading at 34% of levels the previous year, rising to 56% by September 2020.

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Retail TouchPoints

APRIL 16, 2021

Even before 2020, brick-and-mortar retailers had been fighting a fierce battle against leading ecommerce players. The Point of Experience (POE) is to replace the Point of Sale (POS) in the future. Yet we cannot attribute this development exclusively to the pandemic. Re-thinking the in-person experience.

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Retail TouchPoints

FEBRUARY 5, 2021

Holiday season 2020 has come to an end, so what now? In addition to enabling a seamless add-on process for your customer, your brick-and-mortar and digital storefronts should be able to acknowledge the original point of sale of your customer’s purchase. Gene Bornac is Chief Strategy Officer at enVista.

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