Retail TouchPoints

MARCH 29, 2023

Apple has begun the pre-release of its new Pay Later offering, which was first announced at the company’s developers’ conference in June 2022. For its part, Apple says it plans to report Apple Pay Later loans to the U.S. For its part, Apple says it plans to report Apple Pay Later loans to the U.S.

Merchant Services 289

Merchant Services Payment Services Checkout Finance 289

Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. From 2004 to 2014 he served at Yum!

Promotions 243

Promotions Finance Accounting Management 243

A1 Retail

JANUARY 10, 2023

The Barclays report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 4.4 percent rise in consumer price inflation. percent in December 2022, though this was slightly lower than November’s year-on-year growth (7.1

Finance 98

Finance Outdoor Supermarket Department Stores 98

365 Retail

JANUARY 9, 2024

In December 2023, the UK witnessed a modest rise in consumer card spending, increasing by 2.3% However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. year-on-year, which fell short of the CPIH inflation rate of 4.2% and was lower than November’s growth of 2.9%.

Consumer 104

Consumer Supermarket Department Stores Promotions 104

Retail TouchPoints

AUGUST 25, 2022

BB&B has been struggling in recent months: June 2022 saw the departure of CEO Mark Tritton following a Q1 financials report indicating a 25% decline in sales compared to the same period the previous year. BB&B was exploring a sale in April 2022, but that now seems to be off the table. stake in the company.

Finance 298

Finance Shipping Planning Marketing 298

A1 Retail

SEPTEMBER 24, 2021

. Hitachi Capital Consumer Finance, a division of Hitachi Capital (UK) PLC, has announced that it will be rebranding under the new trading style of NOVUNA Consumer Finance by April 2022, while Hitachi Personal Finance will become NOVUNA Personal Finance.

Finance 59

Finance Consumer Point of Sale Customer Experience 59

Retail TouchPoints

JULY 1, 2022

Six years later, Johnson might answer that question differently — his “commerce-at-home” startup Enjoy Technology filed for bankruptcy on June 29, 2022, after a series of setbacks including staffing shortages and dwindling liquidity. The ultimate plan is to sell to the highest bidder. as of July 1, 2022.

Telecommunications 312

Telecommunications Finance Store Operations Consumer 312

Inside Retail

OCTOBER 10, 2023

The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple Pay and Alphabet’s Google Pay. billion in 2022, from 29.2 million in 2018.

Payment Services 278

Payment Services Finance Promotions Planning 278

A1 Retail

NOVEMBER 9, 2022

Barclaycard’s “insperience” index, including digital subscriptions and takeaways, saw its strongest growth in 2022, as Brits spent more evenings in. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 3.5

Consumer 98

Consumer Planning Beauty and Health Finance 98

Retail TouchPoints

AUGUST 31, 2022

27, 2022, has announced a combination of store closures and layoffs designed to reduce its SG&A (selling, general and administrative) expenses by $250 million in fiscal 2022. As of May 28, 2022, the retailer operated a total of 955 stores, including 769 Bed Bath & Beyond locations.

Customer Retention 275

Customer Retention Finance Fulfillment Planning 275

Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall also had missed the previous payment deadline for the same reason in August 2022. featuring styles appropriate for Islamic and other religious consumers). 14 for one floor of a planned two-floor space.

Payment Services 246

Payment Services Department Stores Checkout Finance 246

A1 Retail

MAY 9, 2023

percent) – as rising costs continue to place pressure on Brits’ finances. percent) – as rising costs continue to place pressure on Brits’ finances. percent, due to falling petrol and diesel prices, especially compared to April 2022, when they were much higher due to the Russian invasion of Ukraine. Spending on fuel dropped -9.3

Consumer 52

Consumer Planning Outdoor Finance 52

Rangeme

MARCH 22, 2022

Retailers worldwide are constantly searching for new products to offer consumers – and consumers are more interested in trying new products than ever before. The key to a successful international expansion is good planning. So if you’re targeting international success in 2022, here’s a six-step plan for making it happen.

Finance 52

Finance Shipping Planning Marketing 52

Small Biz Trends

SEPTEMBER 9, 2022

The Handmade Crafts Industry in 2022. The handmade business industry is booming in 2022, with consumers looking for unique products and online marketplaces making them easily accessible. Create a Formal Business Plan. Do you plan on selling crafts online, or utilizing other avenues like craft fairs?

Accounting 119

Accounting Shipping Wholesale Finance 119

A1 Retail

FEBRUARY 6, 2024

However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within their means reached its highest point in over two years. percent), as UK consumers returned to their regular routines after the Christmas break. percent, yet higher than December’s growth of 2.3

Consumer 59

Consumer Supermarket Finance Merchant Services 59

Cisco Retail

MARCH 3, 2022

Many challenges lay ahead for financial services IT in 2022 and beyond. To help define the scope of finance services IT priorities, we have identified five key challenges that must be overcome to realize growth expectations. Starting a planned upgrade without the skilled pros to complete the plan can hinder morale.

Accounting 137

Accounting Finance Planning Marketing 137

Retail Bound

MAY 22, 2022

As we rapidly approach the peak selling season for 2022, I thought it might be beneficial to take a quick look at where retail stores currently stand. headquartered retailers plan to open more 8,100 new stores — nearly doubling the number of stores that closed ( The Daily on Retail ).

Drop-Shipping 52

Drop-Shipping Finance Apparel Consumer 52

Rangeme

JANUARY 11, 2022

Make 2022 your company’s best year yet. and global retailers and consumer packaged goods (CPG) brands focus their efforts and thrive this year, let’s see how the retail industry is changing and which practices can help to drive growth. How the retail and CPG workforce will look in 2022. Will retail trade shows go ahead in 2022

Beauty and Health 52

Beauty and Health Consumer Returns Grocer 52

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. n 2022, inflation drove prices and interest rates higher. And how can that not have an effect on consumers’ minds? In 2022, everything reversed. YOUR MIND.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Small Biz Trends

JUNE 22, 2022

As a small business owner, you need to plan ahead and anticipate changes in the economy that could impact your business. This could make it difficult for you to get the financing you need to grow your business. TIPS bonds pay interest based on the Consumer Price Index (CPI) twice a year which is applied to the adjusted principal.

Payment Services 98

Payment Services Returns Finance Planning 98

Retail TouchPoints

NOVEMBER 30, 2022

Black Friday was a very big day and this continues to be an incredibly important bellwether, reflecting both the consumer psyche as well as the strength of our economy.”. I think it’s turning out to be even bigger than we expected in terms of seeing enthusiasm across consumers and the shopping public.”.

Accounting 248

Accounting Promotions Outdoor Finance 248

Retail Focus

MARCH 27, 2023

The key downfall of a D2C brand in the eyes of a consumer is the lack of physical presence where you get the chance to pick up, turn on or try on its products. My advice – Once you have some locations in mind, visit them in the days of the week you are planning to activate to understand how these locations will work in reality. #3

Marketing 245

Marketing Location Finance Consumer 245

365 Retail

JUNE 6, 2023

Consumer card spending in the UK grew by only 3.6 This can be attributed to the drop in fuel prices compared to May 2022 when prices were much higher due to the Russian invasion of Ukraine. This decrease can be attributed to half of consumers (50 percent) cutting down on discretionary spending to cope with rising household bills.

Consumer 62

Consumer ATS Discount Store Department Stores 62

Retail TouchPoints

DECEMBER 20, 2023

Over three -plus years, I have had the honor of speaking with industry pros who have rich backgrounds in tech, marketing and advertising, operations, finance and so much more. The Retail Remix podcast was developed to feature the founders, executives and practitioners shaping retail’s future.

Advertising 245

Advertising Store Operations Merchant Services Wholesale 245

A1 Retail

SEPTEMBER 27, 2023

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

Merchant Services 59

Merchant Services Consumer Payment Services Checkout 59

Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc.

Department Stores 130

Department Stores Location Finance Planning 130

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

365 Retail

JANUARY 26, 2022

According to ONS data , consumer spending was down 3.7% It comes as data from the British Retail Consortium (BRC) also highlighted significant changes in consumer buying behaviour over the period. As we look ahead to 2022, the new year brings fresh challenges, as both businesses and consumers face ‘the big squeeze’.

Finance 52

Finance Accounting Consumer Location 52

Inside Retail

APRIL 29, 2023

Consumers, too, preferred to use contactless payments or to shop online. 1 Despite the rise in card usage, as of September 2022, 46 per cent of SMEs continued to accept cash 2 and have dropped their focus on discouraging the use of cash. 7 PwC, Frictionless – the future of shopping, November 2022.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

365 Retail

OCTOBER 11, 2022

A new study from FIS ® (NYSE: FIS), shows how the shopping preferences of younger UK consumers have shifted as adoption of embedded finance services reaches mainstream usage among Millennials and Gen Zs, while their older counterparts are less engaged with newer, digitally-oriented financial experiences.

Merchant Services 98

Merchant Services Payment Services Finance Checkout 98

A1 Retail

DECEMBER 7, 2021

Concerns remain over personal finances, with nine in 10 Brits worried about rising household and energy bills. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 16.0 per cent) and electronics (17.2

Consumer 74

Consumer Beauty and Health Finance Outdoor 74

A1 Retail

MARCH 7, 2023

Growth of supermarket spending slowed, as consumers continued to find ways to reduce the cost of their weekly shop Produce shortages are impacting grocery shopping behaviour, with tomatoes, eggs, peppers, cucumbers and lettuce the items most difficult to source Spending on public transport jumped 22.6 percent) than in January (10.4

Consumer 52

Consumer Supermarket Discount Store Planning 52

Inside Retail

JANUARY 28, 2024

American fast-food chain Chipotle made headlines last Wednesday when it announced it would be providing updated benefits for its approximately 110,000 employees and the upcoming surge of workers it is planning to hire this year. 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

A1 Retail

NOVEMBER 16, 2023

percent YoY Cyber Monday retail sales up 6 percent YoY reaching a total of £3.34bn UK retailers to make £2.63m every minute this Black Friday Weekend £22.67bn expected to be spent by consumers over the two-week Black Friday period (20th Nov – 1st Dec), up 0.2 percent from £8.71bn in 2022. percent from £8.71bn in 2022.

Finance 59

Finance Shipping Consumer Promotions 59

Inside Retail

JANUARY 30, 2024

According to data collected by market research firm The Brainy Insights , the global tea market was valued at US$52 billion in 2022, and is expected to grow at a compound annual growth rate of 7.2 With funds completely bootstrapped from their time working in the finance industry, they officially launched the Chaiboy in 2021.

Marketing 130

Marketing Finance Apparel Fashion 130

Retail TouchPoints

DECEMBER 14, 2021

With tracking cookies departing and consumer data privacy concerns rising, first-party data — information that companies collect directly from their customers — represents a much-needed gold mine for retailers and brands. The enormity of this missed opportunity is one of the key messages of the IAB Brand Disruption 2022 report.

Advertising 254

Advertising Consumer Wholesale Finance 254

Inside Retail

NOVEMBER 23, 2021

Amazon said last week that it would stop accepting Visa credit cards issued in the United Kingdom from Jan 19, 2022, saying that despite technology advancements the fees on such transactions remained high or in some cases were rising. “It’s not necessarily a good idea for merchants to restrict consumer choice,” said Prabhu.

Merchant Services 130

Merchant Services Finance Accounting Consumer 130