Retail TouchPoints

FEBRUARY 13, 2023

According to one report , the total cost of ecommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. Digital payments misuse accounted for 21% of the total number of fraudulent transactions. Incidents of identity theft and related fraud rose nationwide in 2021, according to the FTC.

Merchant Services 267

Merchant Services Payment Services Accounting Promotions 267

Retail TouchPoints

JANUARY 20, 2022

marketplace, while CNBC has reported that the company plans to create its own cryptocurrency and collection of NFTs. The invitation to Indian retailers will initially include only a select number of participants, adding to existing merchants including Delphi Leather India , Mahi Exports , Touchstone Gems & Jewelry and Welspun.

Merchant Services 300

Merchant Services Supply Chain Management Sporting Goods Jewelry 300

Retail TouchPoints

JANUARY 16, 2022

Retailers and CPG brands can use that strong desire to support like-minded businesses by developing CSR plans that resonate with their target audience, whether that’s a customer segment or a pool of key job candidates. Accenture, April 2021 Developing a Holistic CSR Strategy. Powered by these twin engines of growth, they’re 2.5X

Planning 271

Planning Merchant Services Beauty and Health Consumer 271

Retail TouchPoints

MAY 13, 2021

PayPal has acquired ecommerce returns solution Happy Returns as it continues to expand beyond payments, with the aim of becoming a “digital commerce enablement engine.” The Happy Returns purchase follows PayPal’s acquisition of coupon plug-in Honey in January 2021. Terms of the deal were not disclosed.

Merchant Services 159

Merchant Services Returns Payment Services Checkout 159

Inside Retail

AUGUST 1, 2021

Square Inc will purchase buy now, pay later (BNPL) firm Afterpay Ltd for about $39 billion (US$29 billion) in Australia’s biggest-ever buyout, creating an online payments giant to tap into explosive growth in the niche payments sector. where its fiscal 2021 sales nearly tripled to A$11.10 billion ($8.15

Merchant Services 246

Merchant Services Payment Services Planning Consumer 246

Inside Retail

SEPTEMBER 1, 2021

Founded in July 2020 and launched in February 2021, Refundid is a fintech tool designed to cut, or essentially eliminate, waiting times for refunds for products bought online. Over the past five or six years we’ve seen huge strides in payments technology, co-founder and chief Brad Karney adds. The time is now.

Merchant Services 130

Merchant Services Payment Services Returns Planning 130

Retail TouchPoints

MAY 29, 2024

Additionally, Shari White has been appointed as Interim Chief Merchant, reporting directly to Mohan. Amy College, current Chief Merchandising and Supply Chain Officer, will be leaving the company on August 17, 2024, and the company will conduct a search for a permanent Chief Merchant. ” . ”

Merchant Services 232

Merchant Services Promotions Advertising Brand Management 232

Retail TouchPoints

JANUARY 26, 2021

Meanwhile, for merchants that had already built their businesses online before the pandemic, a larger addressable market buoyed most, but created scalability challenges for all (including Amazon). Culled from this agile, iterative survey data, here are six things we learned consumers want from retailers heading into 2021: 1.

Consumer 312

Consumer Drop-Shipping Shipping Returns 312

Independent Retailer

JULY 15, 2021

“We recognize that there is a big challenge to selling CBD products, because a significant number of credit card processing companies refuse to process for CBD retailers, making many CBD sales a less-than-desirable, cash-only purchase. NRS PAY happily services credit card transactions through its credit card processing programs.

Merchant Services 96

Merchant Services Point of Sale Checkout Accounting 96

Retail TouchPoints

JUNE 14, 2022

announced in October 2021 that it planned to change its name to Meta, searches for the term “metaverse” skyrocketed. And just as the metaverse will change the way that we shop, communicate and socialize, it will also change how customer service is delivered. Customer Service Opportunities for Retailers in the Metaverse.

Merchant Services 246

Merchant Services Social Commerce Customer Experience Fashion 246

Retail TouchPoints

SEPTEMBER 10, 2021

United Parcel Service (UPS) plans to buy Roadie , a delivery platform supporting local same-day delivery across the country. Financial terms of the acquisition, which is expected to close in Q4 2021, were not disclosed. Roadie will continue to operate under its own name following the purchase’s completion.

Merchant Services 225

Merchant Services Marketing Shipping Planning 225

A1 Retail

NOVEMBER 18, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 The quarterly SME Barometer combines billions of merchant transactions, processed by Barclaycard Payments, with research data to provide an in-depth look at the UK SME economy . per cent (compared to 2019) as Christmas shopping gets underway.

Merchant Services 75

Merchant Services Payment Services Consumer Shopping 75

Mass Relators

OCTOBER 20, 2021

ATLANTA — InComm Payments released the results of its 2021 Holiday Report on Wednesday, which found that consumers are already preparing for the holiday season and plan to get a head start on shopping – beginning as early as right now. The study drew responses from 2,552 U.S. The study drew responses from 2,552 U.S.

Merchant Services 52

Merchant Services Shopping Planning Consumer 52

Retail TouchPoints

MARCH 17, 2022

Walmart has open positions across multiple segments of the company, including merchants, marketers, pharmacists, optometrists, software engineers, data scientists, distribution, store and club managers. In September 2021, Walmart raised its minimum wage $12 per hour , lower than competitors Target and Amazon.

Merchant Services 258

Merchant Services Payment Services Promotions Management 258

Independent Retailer

AUGUST 29, 2022

BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase. BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase.

Merchant Services 88

Merchant Services Payment Services Checkout Accounting 88

Retail TouchPoints

FEBRUARY 25, 2021

The retailer also has launched an expediated review process through BigCommerce, letting merchants who use the platform become approved Walmart sellers more quickly than applying on their own. In June 2020, the retailer opened the marketplace to Shopify merchants as part of a push to add 1,200 sellers during the course of the year.

Merchant Services 182

Merchant Services Planning Management Shopping 182

Retail TouchPoints

JULY 22, 2022

Uber is expanding Uber Eats’ services with new features such as the ability to place orders when grocery stores aren’t open for later delivery, live tracking of orders from store to door and easier product replacements. billion in February 2021. The upgrades are aimed at benefiting retailers as well as customers.

Customer Experience 257

Customer Experience Merchant Services Inventory Management Grocer 257

Retail Times

APRIL 1, 2022

Mollie, one of the fastest growing payment service providers in Europe, today reveals the average growth rates of UK small and medium-sized (SME) e-commerce merchants in 2021 and insight into their future plans. The data indicates impressive growth and encouraging ambitions, including major international expansion.

Merchant Services 52

Merchant Services Planning Payment Services 52

Retail TouchPoints

NOVEMBER 16, 2022

Square plans to announce additional details about the card in 2023. It will include the Holiday 2022 Meta Foresight Interactive Report , offering insights from the 2019, 2020 and 2021 holiday seasons across 33 key markets as well as tips on turning new holiday customers into returning shoppers after the season ends.

Merchant Services 260

Merchant Services Finance Advertising Marketing 260

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 million Australians (15.7 Laybys are a thing of the past.

Merchant Services 130

Merchant Services Consumer Payment Services Management 130

Retail TouchPoints

NOVEMBER 4, 2021

31, 2021. “We’re 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. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S.,

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Mass Relators

OCTOBER 25, 2023

WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough. The plan would also increase the amount for fraud prevention to 1.3 The Fed found that banks’ average cost to process debit transactions was 7.7

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

Inside Retail

JUNE 13, 2023

We speak with Yoox Net-a-Porter’s APAC general manager Natalie Lee about the resilience of luxury spending amidst an economic downturn, the importance of localisation, personalisation and incredible customer service, and how the company is using technology to improve the way it operates. How do you plan to leverage them?

Merchant Services 245

Merchant Services Payment Services Fashion Customer Experience 245

Retail TouchPoints

OCTOBER 21, 2021

We’re indifferent on where the shopping journey ends, where that transaction takes place ,” said Matt Madrigal, VP and General Manager of Merchant Shopping at Google in an interview with Retail TouchPoints. “It The result is a much lower barrier of entry for merchants looking to capitalize on Google’s massive reach.

Merchant Services 298

Merchant Services Advertising Shopping Drop-Shipping 298

Independent Retailer

DECEMBER 20, 2022

As companies try to get tighter control over the flow of goods from factories to consumers, Amazon recently launched a supply-chain management service to its web services business. . But from 2020-2021, there was almost a 67 percent increase. In general, supply chain disruptions have been on the rise the past three years.

Supply Chain Management 78

Supply Chain Management Merchant Services Management Wholesale 78

Mass Relators

JUNE 8, 2022

NEW YORK — As consumers progressively purchase a wider spectrum of goods and services via digital currencies, U.S. merchants are reflecting a greater optimism, prioritization and implementation of alternate payments to meet this demand. Banking and Capital Markets Payments Leader.

Merchant Services 52

Merchant Services Payment Services Fashion Consumer 52

Inside Retail

SEPTEMBER 11, 2021

Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. We also own our user acquisition channels and after-sales services, which ensures the best products and services being delivered to our customers. In June, the brand went public on the NASDAQ.

Payment Services 130

Payment Services Merchant Services Fulfillment Marketing 130

Retail TouchPoints

DECEMBER 6, 2021

In the last year, startups such as Jokr , Gorillas and GoPuff have left legacy delivery services like Uber Eats and Instacart scrambling to keep up in the speed wars. Just last week, reports surfaced that instant grocery delivery service 1520 was shutting down after exhausting its funding. Beginning Dec.

Merchant Services 286

Merchant Services Location Planning Consumer 286

A1 Retail

SEPTEMBER 15, 2021

Almost a fifth of UK adults are signed up to a food or restaurant meal subscription service. Consumer appetite is here to stay as two in five Brits with subscriptions plan to take out more subscription services because of the convenience they offer.

Merchant Services 75

Merchant Services Payment Services Consumer Planning 75

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

Merchant Services 259

Merchant Services Payment Services Promotions Location 259

Retail TouchPoints

AUGUST 1, 2022

Amazon is continuing to expand its last mile services beyond its own retail ecosystem with the addition of same-day delivery service from a number of leading retailers’ stores, including PacSun , GNC , SuperDry and Diesel. Amazon said it plans to expand to additional retailers and cities around the country in the months ahead.

Merchant Services 258

Merchant Services Fulfillment Checkout Location 258

A1 Retail

NOVEMBER 29, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 The quarterly SME Barometer combines billions of merchant transactions, processed by Barclaycard Payments, with research data to provide an in-depth look at the UK SME economy. per cent (compared to 2019) as Christmas shopping gets underway.

Merchant Services 40

Merchant Services Payment Services Consumer Shopping 40

Retail TouchPoints

SEPTEMBER 8, 2021

today, meaning that in terms of purchasing power, 2021 Amazon Prime members are only paying ~$10 more per year than they were 15 years ago. Emphasized in an article from the New York Times Magazine last fall, Shopify’s key to success has been putting the merchant first. . The purchasing power of $79 in 2005 equals about $109.90

Merchant Services 232

Merchant Services Payment Services Fulfillment Shipping 232

Retail TouchPoints

SEPTEMBER 7, 2022

In her newly created role at Qurate, she will lead the company’s streaming commerce business, which includes the recently launched QVC+ and HSN+ online streaming services; expand QVC’s and HSN’s presence on digital livestreaming TV; and other opportunities. Sriraman was most recently Head of Prime Video Channels at Amazon.

Merchant Services 260

Merchant Services Apparel Accessories Shopping 260

Retail TouchPoints

NOVEMBER 14, 2022

billion ) in gross merchandise volume (GMV) for Alibaba alone in 2021 — and the fact that 1,009 overseas brands saw GMV more than double year-over-year proves that it remains a great way for Western brands to break into China. growth recorded in 2021 and the 26% jump in 2020. billion ( $84.54 to 3.6% , according to Reuters.

Merchant Services 147

Merchant Services Jewelry Shopping Shipping 147

Frank Mayer

JANUARY 5, 2021

s point of purchase display experts to weigh in on what they foresee for 2021, based on what transpired in 2020. Read on to discover their thoughts on what 2021 has in store for retail and the point of purchase industry. And to merchants, it became a crucial game plan to weather the storm. Convenience is King.

Kiosk 97

Kiosk Merchant Services Returns Shopping 97

Mass Relators

MARCH 31, 2024

She has held roles of increasing responsibility, most recently as vice president, human resources for DG’s retail organization since 2021 and was named to the Mass Market Retailers Most Influential Women list in 2023. Melanie Cook Brian Haug Brian Haug has been promoted to senior vice president, margin planning and analytics.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52