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Why Payment Orchestration is the key to international merchant growth

A1 Retail

To do so effectively, however, retailers need to optimise their payments ecosystems now to put in place the right framework for expansion in the future. Consumers also became more open to experimenting with new payment methods, with many consumers saying they tried out a BNPL service last year. Creating backend efficiencies.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

That, of course, is the key to Wish’s business model — by connecting international consumers directly with manufacturers (most of them Chinese, although diversifying the company’s merchant base is one of the company’s key turnaround pillars), customers can get products for dirt cheap. Doubling down on merchants outside of China.

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How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

The services provided under this collaboration will encompass local pick-up, warehousing, international transportation, access to Chinese bonded warehouses, customs clearance, and comprehensive delivery services across China. Focusing on beauty and apparel Initially, the partnership will focus on the beauty and apparel segments.

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Jason Del Rey Explores the ‘Bare-Knuckled Battle’ Between Amazon and Walmart

Retail TouchPoints

What were your biggest goals going into writing the book, and how did your approach evolve as you embarked on the writing process? Del Rey: The Marc Lore era at Walmart, if nothing else, brought a new sense of urgency to Walmart when it comes to new online features and services, and the incubation of new business ideas. 8 division ?

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A third of shoppers say retailers shouldn’t ban serial returners, Retail Technology Show research reveals

365 Retail

Consumers say retailers shouldn’t ban serial returners from shopping with them, suggesting that those who return the most are often the most valuable, highest spending customers to the retailer, according to new research from the Retail Technology Show , taking place on 26 & 27 April 2023 at London’s Olympia.

Returns 57
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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base. Products that are sized 18 and above and available in the UK only account for 14% of the total market. If you look at this process, there’s a lack of relatability,” Orschell noted.

Consumer 289
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Has retail seen its watershed moment?

365 Retail

It’s also worth mentioning that we are far from out of the woods, and it could be years before shoppers feel comfortable returning to crowded high streets, or tourists return to British cities in the same capacity that they did before 2020. . Payment Modes: Today, consumers use multiple payment modes for online shopping.