Retail TouchPoints

DECEMBER 26, 2023

year-over-year increase in both online and in-store retail sales, according to the Mastercard SpendingPulse , which measures sales across all forms of payment and is not adjusted for inflation. compared to 2022. Preliminary data for the period from Nov. 24 showed a 3.1% The data also excludes automotive sales. increase for this period.

Jewelry 298

Jewelry Payment Services Promotions Apparel 298

Retail TouchPoints

SEPTEMBER 12, 2023

Photo courtesy of TikTok Shop While the ecommerce functionality has been available to at least some users since late last year, today marks the service’s debut to the wider TikTok community, and to say that both consumers and brands have been eagerly anticipating this development might be an understatement. in November 2022.

Merchant Services 265

Merchant Services Payment Services Shopping Checkout 265

Retail TouchPoints

MAY 13, 2022

Her career, spanning more than 20 years, includes general management, marketing and commercial responsibilities including global consumer goods, payments, ecommerce and digital marketing. Trove clients include lululemon , helping the retailer launch a trade-in and resale pilot in 2021 and expanding the Like New program in April 2022.

Promotions 272

Promotions Payment Services Management Marketing 272

Retail TouchPoints

JULY 13, 2022

Secondhand furniture reseller Kaiyo has introduced its services on the West Coast with a launch in Los Angeles following its generation of $36 million in Series B funding. With the expansion of Kaiyo’s services to the West Coast, the company hopes to grow the furniture resale category. Kaiyo’s L.A.

Payment Services 290

Payment Services Sporting Goods Apparel Promotions 290

Retail TouchPoints

NOVEMBER 28, 2023

Consumer spending on Cyber Monday surpassed initial projections to reach $12.4 Amazon alone said it sold 1 billion products during its extended promotion period, which kicked off earlier than the traditional Cyber Week start of Thanksgiving Day, on Nov. million consumers opting to visit brick-and-mortar locations, up from 72.9

Payment Services 264

Payment Services Promotions Finance Consumer 264

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. It’s across the income spectrum.

Payment Services 344

Payment Services Promotions Consumer Inventory Management 344

Retail TouchPoints

NOVEMBER 13, 2023

However, consumers are still spending, the labor market remains tight, and the Adobe Digital Price Index recently posted an overall 40-month low, an encouraging sign for online shoppers: Adobe reported that online prices fell for 11 out of 18 tracked product categories on an annual basis. But there are possible headwinds on the horizon.

Consumer 313

Consumer Merchant Services Sporting Goods Promotions 313

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. Pay Later — which will let users split purchases into four payments spread over six weeks with no interest and no fees — is now available for some randomly selected Apple Wallet users in the U.S.,

Merchant Services 297

Merchant Services Payment Services Checkout Finance 297

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. Digital payments misuse accounted for 21% of the total number of fraudulent transactions.

Merchant Services 275

Merchant Services Payment Services Accounting Promotions 275

365 Retail

APRIL 2, 2024

The risks of gaming not only harm consumers but also reduce people’s trust. In this guide, we’ll explore why gaming retailers should promote cybersecurity. A 2022 survey revealed that two-thirds of gamers have experienced a cyberattack. Gaming hacks cost consumers an average of more than £250.

Promotions 57

Promotions Payment Services Accounting Consumer 57

Inside Retail

NOVEMBER 14, 2022

Having embraced digital shopping channels during the pandemic, Australian consumers have become well used to the personalisation and tailored content offered online. Research by Google, published in the company’s Spring/Summer Shopping Behaviours 2021 study, found 50 per cent of consumers say they now shop both in-store and online.

Kiosk 289

Kiosk Payment Services Promotions Customer Experience 289

Retail TouchPoints

AUGUST 24, 2022

As consumers engage with online storefronts on an increasingly regular basis and even more options emerge, they’ll be less patient with slow and wonky checkouts that are held back by inferior tech. For brands selling internationally, local tax codes, compliance and support for a variety of currencies are hurdles that can’t be ignored.

Checkout 283

Checkout Payment Services Shipping Promotions 283

Retail TouchPoints

APRIL 13, 2021

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. By automating this process and creating a cross-border catalog, Under Armour was able to double the ROI of its social campaigns.

Consumer 144

Consumer Payment Services Fulfillment Advertising 144

Retail TouchPoints

AUGUST 18, 2022

As younger consumers gain greater spending power, once notoriously inaccessible brands are now expanding from exclusive boutiques into virtual worlds and experiences. During its July 26, 2022 earnings release, LVMH reported revenue of approximately $37.3 billion , which is a 28% increase compared to the same period in 2021.

Clienteling 263

Clienteling Payment Services Boutique Promotions 263

Retail TouchPoints

MARCH 8, 2022

Each day, more electric vehicles (EVs) are hitting the road as consumers and commercial drivers look to reap the potential long-term financial and environmental benefits of the technology. The driver payment process at retailers’ charging stations should be frictionless for shoppers.

Payment Services 274

Payment Services Accounting Promotions Customer Experience 274

Retail TouchPoints

JANUARY 3, 2023

2022 saw the fastest pace for inflation in decades. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions.

Merchant Services 303

Merchant Services Payment Services Accounting Checkout 303

Retail TouchPoints

JULY 17, 2023

billion in 2022 and is expected to grow at a CAGR of 28.4% The statistics show that more and more retail businesses are implementing IoT solutions to explore new ways of connecting with customers, boost sales and streamline business operations. Smart merchandising helped GetGo improve the consumer experience and increase sales.

Payment Services 242

Payment Services Checkout Inventory Management Customer Experience 242

Retail TouchPoints

OCTOBER 19, 2022

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. .

Finance 234

Finance Merchant Services Payment Services Consumer 234

Retail TouchPoints

NOVEMBER 14, 2023

District Court for the Northern District of Illinois alleging trademark infringement against 20 website domains, saying they created fake coupon codes and promotions in an effort to mislead consumers into believing they were engaging with genuine Temu offerings. years each by local authorities.

Fast Fashion 237

Fast Fashion Customer Experience Promotions Fashion 237

Independent Retailer

NOVEMBER 2, 2021

Independent Retailer has rounded up some of the most important emerging trends in retail to watch out for in 2022 from top retail experts in the industry. Meet Consumers Where They Want to Shop. “I Crypto Payments Help Deliver a Competitive Advantage. Engaging Customers with Experiential Retail.

Merchant Services 96

Merchant Services Payment Services Shipping Wholesale 96

Retail TouchPoints

JANUARY 12, 2024

This steady growth is being driven by an increasing number of social media users (expected to reach 5 billion worldwide this year) and the emergence of the “creator economy,” with influencers playing a significant role in promoting and selling products to their audiences. trillion by 2026, more than doubling its current value.

Social Commerce 302

Social Commerce Beauty and Health Advertising Merchant Services 302

Retail TouchPoints

JANUARY 14, 2022

As consumers grew concerned around the emerging Omicron variant and wanted to order past shipping cutoff dates, retailers who were able to sell an item online and fulfill the order via curbside or in-store pickup captured a larger percentage of these late-season sales.”. But when it came to alternative payments, BNPL was the star.

Social Commerce 301

Social Commerce Fulfillment Drop-Shipping Payment Services 301

Inside Retail

JANUARY 5, 2023

Her appointment follows a seven-month search after the brand’s former CEO Patrik Frisk announced his resignation in May 2022. In this company, he led platform product and operations. Social commerce – the use of social media to promote and sell products – is estimated to be a US$1 trillion industry in APAC by 2025.

Payment Services 130

Payment Services Checkout Social Commerce Promotions 130

Inside Retail

JANUARY 5, 2023

Her appointment follows a seven-month search after the brand’s former CEO Patrik Frisk announced his resignation in May 2022. In this company, he led platform product and operations. Social commerce – the use of social media to promote and sell products – is estimated to be a US$1 trillion industry in APAC by 2025.

Payment Services 130

Payment Services Checkout Social Commerce Promotions 130

Small Biz Trends

DECEMBER 9, 2022

Detroit Pistons, Corporate Sponsors Support Small Businesses Through Grants and Promotions. On a related financial news makes sure to stay on top of what the Internal Revenue Service (IRS) will demand of you as an employer in 2023 related to the 1099 tax form. Small Business News December 9, 2022. Even worse?

Payment Services 120

Payment Services Accounting Shipping Promotions 120

365 Retail

NOVEMBER 8, 2023

This collaboration marks a significant addition to the roster of retailers adopting Clearpay’s payment services. The timing of this partnership coincides with a notable shift in consumer purchasing behaviour. This trend underscores the alignment of Clearpay’s services with current consumer demands.

Payment Services 57

Payment Services Clienteling Checkout Fashion 57

365 Retail

NOVEMBER 8, 2022

The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions, in a bid to make things faster, easier, and more streamlined for both businesses and consumers. . Alongside this, data shows the term “Banking as a service” has seen 176% global increase, too. .

Payment Services 73

Payment Services Finance Fast Fashion Consumer 73

Retail TouchPoints

JULY 14, 2023

Retailers are adapting their store environments to meet consumers’ heightened demand for ease and convenience. Nearly half ( 46% ) of retailers surveyed in Retail TouchPoints’ Store Operations Survey noted that they provide mobile POS to associates — and an additional 31% plan to implement the technology this year. Marrufo said.

Payment Services 230

Payment Services Accessories Point of Sale Store Operations 230

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Here Are The Ten Emerging Retail Trends We Predict For 2022. Personalization in the data mining age. New Look Stores.

Retail Trends 94

Retail Trends Consumer Payment Services Fulfillment 94

Inside Retail

JULY 6, 2021

Let’s look at four key forecasts: Continued rise of digital Shift in the role of bricks-and-mortar Increased value of personalised experiences Greater influence of young consumers. Indeed, 79 per cent of consumers say that the customer experience is as important as a brand’s products and services.

Retail Trends 236

Retail Trends Payment Services Promotions Returns 236

Retail TouchPoints

FEBRUARY 21, 2023

This growth will be driven not just by an increase in new social commerce buyers but also by an increase in the average spend per user, with Insider Intelligence predicting that more than 114 million consumers will spend an average of nearly $1,000 a year on social purchases by 2025. social network ad spending forecast by $16.21

Social Commerce 235

Social Commerce Advertising Merchant Services Shopping 235

Mass Relators

JUNE 14, 2022

Sellers approved to join the marketplace will be offered the services of a dedicated onboarding team, as well as access to powerful tools and services to help them rapidly scale up across the Atlantic, including the opportunity to get their goods to U.S. retailing and comes as the British government increases efforts to promote U.K.

Payment Services 52

Payment Services Fulfillment Sporting Goods Promotions 52

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. Using a sound PPC and SEO strategy to support enticing promotions is a surefire tactic to create a buzz around your brand early on. Leveraging 3PL services to drive efficiencies is key.

Merchant Services 57

Merchant Services Payment Services Inventory Management Fulfillment 57

Retail TouchPoints

AUGUST 21, 2023

As high inflation continues to pose a challenge for the American consumer, research shows that two-thirds of Americans plan to still spend the same or more on retail purchases in 2023. However, it’s no surprise that many of those consumers plan to prioritize shopping for bargains in-store.

Payment Services 216

Payment Services Promotions Consumer Planning 216

365 Retail

AUGUST 31, 2021

Users of iOS who pay for services in-app could soon receive email offers about buying outside Apple’s marketplace, allowing developers to bypass the technology giant’s fees. Until now, developers were not allowed to contact users promoting alternative payment options. OpenTheAppStore. Our statement: [link].

Payment Services 52

Payment Services Promotions Planning Consumer 52

Inside Retail

AUGUST 1, 2022

1 position in the hearts, minds, and wallets of Indonesia’s consumers. Although both superapps boast a number of digital services, the main business lines are e-commerce, on-demand services (primarily ride-hailing and food delivery) and fintech (financial services, consisting mainly of e-payment systems).

Merchant Services 130

Merchant Services Dead-Stock Payment Services Marketing 130

Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. However, over the 12-month period from November 2021 to November 2022, online purchases were down 3.8

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130