Retail TouchPoints
NOVEMBER 28, 2024
As the holiday shopping season approaches, retailers face increased pressure to facilitate a seamless and secure shopping experience. Payments technology is central to the shopping experience. During the holiday rush the security and ease of the payments experience can be as crucial as product price or availability.
Retail TouchPoints
DECEMBER 31, 2024
Consider these facts: total returns amounted to $743 billion in merchandise in 2023 and in 2022; approximately 16.5% Returns negatively impact brands in several ways including processing costs, shipping fees, unsellable merchandise and more. of all purchased goods were returned to retailers.
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Retail TouchPoints
DECEMBER 18, 2024
But a brand cant make it in the 21st century with technology from the 19th, so in 2022, the British footwear brand undertook a massive digital transformation that encompassed everything from its ecommerce sites around the world to the point-of-sale (POS) systems in its 500+stores. And thats not all.
Inside Retail
OCTOBER 21, 2024
Artificial Intelligence (AI) is being increasingly used to simplify, automate and optimise backend systems and processes across the retail sector. This approach increased the accuracy of sales predictions by 47%, demonstrating AI’s capability to streamline backend processes and improve decision-making.
Retail TouchPoints
FEBRUARY 25, 2025
Customers enter the store, select their items and exit, with purchases being automatically processed through their mobile payment method. WHSmith deployed the tech at its first North American location, at LaGuardia Airport in New York City, in February 2022.
Small Biz Trends
JULY 10, 2025
Business Protections: Small businesses should utilize secure payment gateways and conduct regular employee training to enhance security against potential fraud attacks. Account Takeover : Cybercriminals gain access to your business account and change shipping or payment information, placing fraudulent orders. million 2023 25% $4.1
Retail TouchPoints
DECEMBER 23, 2024
In its broadest and most straightforward definition, a digital twin is a virtual replica of a physical object, person or process that can be used to simulate its behavior to better understand how it works in real life, according to McKinsey.
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