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Checkout Solution Provider Bolt Raises $355 Million

Retail TouchPoints

Bolt raised $355 million in its Series E funding round, bringing the checkout and shopper network solution provider’s funding total to nearly $1 billion. Lead investors include funds and accounts managed by BlackRock, with participation from Schonfeld, Invus Opportunities, H.I.G. Growth and CE Innovation Capital.

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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2% of orders, toward two -day or later windows, which account for 80%.

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The customer is in control: Here’s the new payment and checkout experience

Inside Retail

observes Teaj Sian, Managing Director at Glory Global Solutions (Australia). Of course, physical retail has had to undergo a few changes since the first wave of Covid, particularly at entry, payment and checkout. The other side of the checkout experience is assisted service, when the cashier helps and engages with the customer. “In

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Let Shoppers Checkout with Amazon Pay

Small Biz Trends

Customers can buy things from your e-commerce online storefronts and/or website using the data stored in their Amazon account. Or through Alexa and their payment methods in their Amazon.com accounts. They need an Amazon Seller Account too. For shoppers: Sign in to your Amazon account. What is Amazon Pay?

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Aldi adds contactless payment option to checkout-free store

Retail Gazette

Aldi has introduced contactless payment to its checkout-free store in London in a bid to make shopping “quicker and easier for customers” The change means customers no longer need to register through the Shop&Go app on their phones and can instead tap their contactless payment card or phone to enter the store.

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‘Credential stuffing’: retailers, thousands of customers hit by new cyber fraud

Inside Retail

Cybersecurity company Kasada recently revealed that cybercriminals have compromised more than 15,000 customer accounts of Mexican fast food chain Guzman y Gomez, liquor retailer Dan Murphy’s, streaming service Binge, home shopping network TVSN and Event Cinemas since November.

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Mobile POS tools are a vital tool in elevating in-store customer experiences

Inside Retail

Shopify – the commerce platform powering 25 per cent of online retail in Australia – is equally proficient at managing in-store retail transactions, making it the go-to supplier of solutions for retailers transacting across multiple channels. In this day and age, that is pretty much every Australian retailer.