Inside Retail

JUNE 20, 2021

Some 61 per cent believe that retailers and providers of personal care and hospitality services adapted well to the circumstances and to consumers’ changing needs. More generally, many consumers took a cautious approach to their finances amid the pandemic. Understanding the consumer of 2021.

Consumer 242

Consumer Beauty and Health Payment Services Finance 242

Independent Retailer

OCTOBER 19, 2022

Determining the right mix of financing options comes down to having a deep understanding of your customer and your product set. Nearly half (46%) of consumers surveyed said they are more likely to purchase from retailers who offer a variety of financing options. by Mike Rittler. by Mike Rittler. The Federal Reserve and the U.S.

Finance 74

Finance Payment Services Promotions Consumer 74

Retail TouchPoints

DECEMBER 13, 2021

In fact, the growth of BNPL is hitting record-breaking levels — in 2021 Cornerstone Advisors say that consumers will make nearly $100 billion in retail purchases using BNPL. In fact, Cornerstone Advisors found that Gen Z consumers using BNPL grew from 6% in 2019 to 36% in 2021, and millennials’ use of BNPL is up to 41%.

Payment Services 257

Payment Services Consumer Returns Management 257

Retail TouchPoints

NOVEMBER 14, 2022

billion in construction financing loans, according to NJBIZ. American Dream’s success continues to grow with dramatically increasing traffic and spend at the complex,” said Don Ghermezian, President and CEO of American Dream in a statement. “We American Dream missed a payment of $8.8 million on Aug.

Payment Services 233

Payment Services Finance Accounting Shopping 233

Inside Retail

JANUARY 10, 2023

BNPL services are gradually gaining prominence in Singapore, with a growing preference for flexible payment methods among consumers,” Neralla Rama Ravi Teja, a retail analyst at GlobalData, told Inside Retail. BNPL payments were expected to reach US$1.1 BNPL payments were expected to reach US$1.1

Payment Services 130

Payment Services Consumer Finance Apparel 130

Inside Retail

DECEMBER 14, 2021

But if you took a punt and bought shares in any of them over 2021, there’s a good chance you’ve lost money. The state of the sector isn’t as bad, however, as suggested by news reports claiming stock have plunged an average of 80% in 2021. Demand for these services isn’t growing as strongly as expected. Competition is stiff.

Merchant Services 130

Merchant Services Payment Services Finance Marketing 130

Inside Retail

DECEMBER 1, 2022

With Christmas just around the corner, it’s important to stay vigilant as scams and fraud can happen to any business that accepts debit and credit card payments, and can have a significant financial and reputational impact at this time of year. Tools like 3DSecure can help with these additional security processes.

Merchant Services 147

Merchant Services Payment Services Accounting Finance 147

Retail TouchPoints

APRIL 13, 2022

Many people in finance and retail considered 2021 the “year of the cryptocurrency.” Other retailers notice when leading industry players like Walmart or Circle K make a move, so many brands are now likely considering adding crypto payment options and Bitcoin ATMs to their stores. Pick the right location(s).

Payment Services 227

Payment Services Finance Location Consumer 227

Inside Retail

MARCH 27, 2023

In February, ShopBack, a shopping, rewards and payments platform, partnered with Sunway Pyramid, a mall in Malaysia, on the ShopFiesta event to reward shoppers with promotions and giveaways. We are gearing up for retail and e-commerce trends in 2023, where the Malaysian retail industry is forecasted to grow at 3.5

Merchant Services 130

Merchant Services Payment Services Marketing Spend Finance 130

365 Retail

MAY 13, 2022

The new function enables individual sellers and small businesses to accept contactless payments in-person directly on their Android mobile devices, with no additional hardware and no additional fees. in September 2021 to £15.30 in December 2021. The solution works on devices with Android 8.0 and NFC capabilities.

Payment Services 73

Payment Services Finance Accounting Shopping 73

Inside Retail

JANUARY 28, 2024

As we push toward our long-term goal of operating 7,000 restaurants in North America, it’s crucial that we listen to and adapt to the needs of our team members, so they can grow with us.” In 2021, 47.8 million workers quit their jobs, followed by 50 million in 2022, before the trend gradually slowed down to 30.5

Payment Services 130

Payment Services Planning Finance Apparel 130

Retail TouchPoints

JANUARY 15, 2021

A closer look at these metrics allows you to revisit your business strategy, sharpen the systems you have in place and increase sales. But when looking at these numbers, the excess data can feel overwhelming, so we’ve rounded up the most important retail metrics to leverage in 2021. Evaluating 2020 Metrics and Planning for 2021.

Payment Services 149

Payment Services Promotions Shipping Planning 149

Retail TouchPoints

MAY 28, 2021

Thoughts of poor customer service probably ring a bell in your own mind, and these opinions are hard to change — but there is hope. Customer service is changing rapidly to meet consumer behavior, providing smoother, more integrated experiences than ever before. 3 Data-Backed Reasons why Customer Service is Essential.

Payment Services 163

Payment Services Customer Retention Customer Experience Marketing 163

Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She also will draw upon prior experience at roles in private equity firms to help the retailer continue scaling its business.

Finance 253

Finance Payment Services Accounting Returns 253

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

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

365 Retail

JANUARY 6, 2022

Payment providers are ready to help online retailers upgrade their payments process to support SCA compliant transactions, if they have not done so already. For retailers, implementing SCA will provide customers peace of mind that payment processes are more secure. . “The

Payment Services 109

Payment Services Finance Shopping Management 109

365 Retail

JUNE 2, 2021

The same applies to the numerous reputable banking apps people are utilising in 2021, too. You can also view and delete direct debits, transfer money between current and savings accounts, make payments to a mobile number, make payments using Siri. The apps on offer are mightily impressive.

Finance 52

Finance Payment Services Accounting Planning 52

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

Retail TouchPoints

NOVEMBER 4, 2021

31, 2021. “We’re The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 262

Consumer Merchant Services Payment Services Drop-Shipping 262

Inside Retail

JULY 14, 2023

Buy now, pay later (BNPL) services have changed the retail landscape, with many customers and retailers alike using these services from companies such as Afterpay, Zip and Klarna. In the survey of Australian shoppers, 42 per cent of respondents said they had used a BNPL service in the last 12 months.

Payment Services 130

Payment Services Apparel Finance Consumer 130

Inside Retail

APRIL 4, 2022

per cent) are now aware of BNPL services, overtaking traditional online payment platforms like Paypal, Visa and Western Union, according to Roy Morgan’s Digital Payments Report last year. Not only has awareness of BNPL services grown quickly but already over 3.3 Dion Appel, CEO at Openpay Australia & New Zealand.

Merchant Services 130

Merchant Services Consumer Payment Services Management 130

Inside Retail

OCTOBER 19, 2021

In a recent report , Riskified looked at the impact of the recent shift to e-commerce on fashion retailers. Online shoppers want variety – and they want it for everything, including their payment options. Buy-Now, Pay-Later solutions can also bring in new users that were previously unable to finance an entire purchase at once.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

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

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 percent) and home improvement and housewares (tied at 11.5 This accounts for an average of 16.6 percent of total U.S.

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

Small Biz Trends

NOVEMBER 10, 2022

By being vigilant and knowing the warning signs, you can protect yourself and your finances. READ MORE: Zelle Forecasted to Soon Be Most Popular P2P Payments App, But Can It Help Your Business? When using payment apps like Zelle, it’s important to be aware of the most common scams. Let’s get started! Phishing Scam.

Payment Services 133

Payment Services Accounting Finance Consumer 133

A1 Retail

JANUARY 10, 2022

Payment providers are ready to help online retailers upgrade their payments process to support SCA compliant transactions, if they have not done so already. For retailers, implementing SCA will provide customers peace of mind that payment processes are more secure. .

Payment Services 74

Payment Services Finance Shopping Management 74

Inside Retail

APRIL 10, 2022

Luxury streetwear label Off-White is the latest fashion brand to offer its customers payment with cryptocurrencies at its three flagship stores in Paris, Milan and London. Transactions are managed through a sophisticated digital payment system by Berlin-based technology company Lunu.

Payment Services 162

Payment Services Point of Sale Finance Accessories 162

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. versus $212.9 for China, data from CLSA showed. .

Beauty and Health 130

Beauty and Health Payment Services Consumer Finance 130

Inside Retail

FEBRUARY 27, 2023

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. Awareness Online channels should be leveraged to promote broader awareness of their products and services to potential customers across multiple platforms.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Small Biz Trends

AUGUST 13, 2022

If you want to invest in a small business that is already established, here are some businesses you should look at. 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. Sales have continued to increase doubling 2020 sales in 2021, and 2022 is also going up.

Payment Services 97

Payment Services Sporting Goods Location Finance 97

Independent Retailer

JANUARY 5, 2023

Because consumers currently have unlimited options when buying online, their expectations are at an all-time high. This also gives brands the opportunity to capture more data about the customer journey,” Anushka Lokesh, Head of Growth at Breinify , said. Omni-Channel Will Drive Retail in 2023. User-generated Content. back to top.

Payment Services 84

Payment Services Wholesale Consumer Finance 84

Inside Retail

JANUARY 5, 2023

Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13 per cent reduction of its workforce as the advertising market cratered. While overall venture capital (VC) financing fell 33% globally to about $483 billion in 2022, early-stage funding was robust, with $37.4

Payment Services 130

Payment Services Finance Advertising Returns 130

Cisco Retail

JULY 27, 2021

According to Cisco’s Accelerating Digital Agility Research , 61% of CIOs and IT decision makers agree that they are unsure what the future of work will look like for their business in 2021. Payment Solutions for the Future. Flexible payment solutions can support customers on their journey.

Payment Services 145

Payment Services Operating Expenses Returns Planning 145