Inside Retail

JANUARY 16, 2024

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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Merchant Services Payment Services Accounting Checkout 289

Inside Retail

FEBRUARY 2, 2025

A notable gap is apparent, though, between values and actions, as many still shop frequently on fast-fashion platforms like Shein. Social commerce will dominate By 2029, social commerce driven by platforms like TikTok and Instagram will account for a substantial share of Gen Zs purchases. Affordability also remains a critical factor.

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Retail Focus

OCTOBER 10, 2024

White Stuff, the British fashion and lifestyle retailer, will be opening in London Gatwick’s North Terminal in late November. store has been specifically designed with travel in mind and features White Stuff’s new mobile payment system, so instead of a standard till customers can pay from anywhere in the shop. The 1044sq.ft The 1044sq.ft

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Payment Services Fashion Accounting Shopping 130

Inside Retail

MAY 17, 2022

The industry’s latest move: accepting cryptocurrency as a form of payment. In August 2021, German streetwear brand Philipp Plein became the first fashion brand to accept cryptocurrency at its new crypto concept store in London. Since the beginning of this year, a number of brands have begun to process crypto payments in-store.

Merchant Services 243

Merchant Services Payment Services Advertising Returns 243

Inside Retail

JANUARY 14, 2024

The Iconic is the latest victim of ‘credential stuffing,’ a scam that resulted in customer accounts being used to place fraudulent orders, some totaling thousands of dollars, dating back to November last year. Deep fakes were once a futuristic concept that was seen to be concerning, but more for entertainment purposes.

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Payment Services Accounting Advertising Shopping 260

Inside Retail

OCTOBER 6, 2021

Fast forward to October 2021, and Australia’s largest online fashion retailer The Iconic is leading the way on resale, partnering with AirRobe on the Circular Wardrobe, an initiative that allows customers to resell, rent, or recycle their preloved items with one click. They’ll fall behind the competition if they do.”.

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Payment Services Fashion Accessories Checkout 246

Retail Focus

JANUARY 12, 2023

However, to do that, the system needs to be operable 24/7 throughout the entire year. The old-fashioned way of doing that was always to have staff available. The ultimate benefits that come with all of that include: reduced operating costs, fewer operator errors, increased sales, . Deciding Which Processes to Automate.

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Payment Services Inventory Management Returns Checkout 130

Retail TouchPoints

NOVEMBER 20, 2020

The pandemic has accelerated the shift away from shopping in person, making it difficult for many brick-and-mortar retailers to sell products, service their debt load and pay vendors. With the pandemic affecting everyone, there has been more transparency and open-mindedness among the various constituents in the process.

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Payment Services Consumer Management Planning 264

Retail Focus

SEPTEMBER 5, 2024

From the use of chatbots to direct customers to the correct department while shopping on their mobile device or computer, through to sophisticated inventory management that helps retailers operate easier, the potential for AI in retail is far-reaching. For example, computer vision providers understand the critical importance of data privacy.

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Payment Services Checkout Inventory Management Fulfillment 163

Inside Retail

MAY 25, 2021

A coalition of the world’s big fashion and footwear brands will soon boost the wages of production workers in developing countries, when the ACT Global Purchasing Practices Standard is implemented by December 2023. This is the binding process that covers workers and employers across a range of issues, including the payment of a living wage.

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Payment Services Planning Fashion Apparel 219

Retail TouchPoints

AUGUST 17, 2022

The Collabs marketplace will streamline the process for both merchants and creators to find mutually beneficial partnerships that align with their brands and audiences. and Canada, and debuts with a slate of top TikTok and Instagram influencers in the lifestyle, beauty and fashion categories. Other creators in the U.S.

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Merchant Services Payment Services Accounting Management 278

Retail TouchPoints

MAY 22, 2023

This California-based retailer serves Hispanic communities with a large but carefully curated product selection and a surprisingly wide range of services — wide enough that the company is at least as much a bank as it is a retailer. Curacao wouldn’t exist without both sides of its operations, according to Nerubay.

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Payment Services Department Stores Shipping Accounting 290

Inside Retail

JANUARY 10, 2023

In December 2022, The Sydney Morning Herald revealed that online fashion retailer The Iconic underpaid hundreds of staff a total of about $1 million over a seven-year period. But, to what extent will customers hold the brand accountable for allegations of misconduct – especially when it offers a good deal?

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Payment Services Consumer Management Fashion 246

Retail TouchPoints

OCTOBER 18, 2023

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. Some fashion brands, including Zara, J.Crew and Uniqlo , have begun charging for returns in order to claw back lost revenue and dissuade certain behaviors. Large, multinational crime rings may be behind an attack.

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Returns Payment Services Shipping Accounting 277

Retail TouchPoints

NOVEMBER 22, 2021

Online shopping has become a way of life in China, accounting for over 36% of total retail sales. Now a staple of social apps, mini-programs give brands the ability to connect with their audience through content, product deals and customer service. Fashion KOLs on apps like RED have taken massively to livestream.

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Advertising Payment Services Fashion Marketing 264

Retail TouchPoints

JUNE 21, 2022

Before the May 25, 2022 grand opening of Amazon Style — the retailer’s initial venture into fashion brick-and-mortar retail — some thought the Los Angeles space at the Americana at Brand would be dominated by technology and devoid of human interaction. Fitting Digital into Physical Fashion Retail. Photo courtesy of Amazon.

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Payment Services Checkout Fashion Jewelry 242

Inside Retail

MARCH 7, 2023

Financial information and growth strategy Retailers that have a generic or unrealistic growth story are often marked down during any transaction process. Stock levels should be adequate for current trading, including in terms of seasonality and fashion trends, and should be able to support growth to deliver on your strategic plan.

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Payment Services Consumer Planning Accounting 244

A1 Retail

APRIL 2, 2025

Jewellery sales grew by 2 percent, with mobile orders accounting for 81 percent of purchases, highlighting the continued appeal of luxury items and the convenience of mobile shopping. Fashions AOV increased by 82 percent, from 52.61 Fashion followed with 58 percent of orders placed via mobile.

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Home Furnishings Beauty and Health Payment Services Fashion 66

Inside Retail

JUNE 28, 2022

The innovative fashion store looks and feels like any other. Personalised service. Amazon Style has cleverly integrated its personalised shopping service into bricks-and-mortar. A PwC report states that nearly 80 per cent of American consumers value speed, convenience, knowledgeable help, and friendly service when shopping.

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Fashion Merchant Services Payment Services Accounting 130

Inside Retail

MAY 7, 2024

As populations age and start to fall, there is tremendous interest in providing goods and services to the elderly. This means the elderly in Singapore have, and will have, a greater capacity and willingness to spend on goods and services for themselves and their loved ones. Retailers don’t want to be left behind.

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Payment Services Beauty and Health Fashion Accounting 130

Inside Retail

JANUARY 10, 2024

A new GenAI search experience, which is live on iOS for all customers within the latest version of its app, is now available for all customers who are logged into their Walmart account. It’s essentially a ‘Virtual Try-On’ service that becomes a social experience. There is also a new AR feature called ‘Shop With Friends’.

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Retail TouchPoints

AUGUST 23, 2021

From fashion to big box to grocery, retailers of all kinds have embraced a mobile-first mindset wholeheartedly. claimed to continue operating normally in the wake of COVID, and their expected revenue changes compared to pre-COVID 2020 projects were -15.3%. Moving From Mobile-First to Mobile-Only. Retailers aren’t alone.

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Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel.

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Merchant Services Drop-Shipping Shipping Payment Services 245

Retail Gazette

MAY 14, 2025

The food and fashion specialist is preparing to file an insurance claim after confirming that personal customer data was stolen as part of the ongoing attack yesterday (13 May). They noted that financial services firm Allianz would be the first insurer in line to pay for its losses, and was expected to at least cover the first 10m.

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Payment Services Supermarket Fashion Accounting 75

Inside Retail

OCTOBER 19, 2022

Valued at US$100 billion ($150 billion) , fast fashion brand Shein is in hot water after a recent Channel 4 documentary hosted by British journalist Iman Amrani, Inside The Shein Machine , lifted the veil of secrecy behind the corporation’s operations in China. for fashion brands and be transformative for workers.?. compliance.

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Payment Services Fast Fashion Fashion Accounting 130

Inside Retail

MAY 24, 2023

Many retailers have become accustomed to using Buy Now Pay Later (BNPL) services to capture customer spend, with the option being particularly popular among younger Australians who are bearing the brunt of cost of living pressures. Younger Australians are especially at-risk, as they have embraced the service en-masse.

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Payment Services Consumer Accounting Department Stores 147

Inside Retail

DECEMBER 15, 2021

Affiliate marketing is a system where a company or person can earn a commission or reward for marketing some else’s product or service. Findstack records that affiliate marketing now accounts for more than 16 per cent of digital media revenue in the US and Canada and that around 80 per cent of brands have affiliate programs.

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Marketing Payment Services Wholesale Apparel 264

Retail Wire

JUNE 9, 2025

Owned by Walmart, fintech firm OnePay is partnering with financial services company Synchrony to issue credit cards. Synchrony, a leader in retail credit accounts, will make underwriting decisions and issue cards starting in a few months. Through the partnership, two types of credit cards will be available from OnePay. .

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Payment Services Accounting Consumer Fashion 130

A1 Retail

AUGUST 26, 2021

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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Merchant Services Payment Services Consumer Returns 76

Inside Retail

JUNE 22, 2021

The Australia-based website offers fashion, footwear, homewares, garden, health, food, liquor and gifts, with brands and products selected by the Starts at 60 team to meet older shoppers’ needs. Font size and payment options. Contactless payments, in-store shopping appointments and alternative pickup and delivery options are a must.

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Small Biz Trends

DECEMBER 30, 2021

With the power of the internet and speedy delivery services, you can now start selling clothing online sending them anywhere in the globe. Consider these latest figures from one of the top fashion resale sites, thredUP: The fashion resale industry totals about $20 billion in sales alone, and it is the biggest resale market in the US.

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Drop-Shipping Payment Services Shipping Thrift Store 144

Retail Gazette

MAY 13, 2025

M&S has confirmed that personal customer data was stolen as part of the ongoing cyber attack that has disrupted the retailer’s operations for over three weeks. Customers will be prompted to reset their passwords the next time they log in to their M&S accounts as a precautionary measure.

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Payment Services Accounting Management ATS 75

Retail TouchPoints

JULY 27, 2020

While customer loyalty remains a top priority for executives, less than half believe their current approach is effective, according to a Mastercard-sponsored Harvard Business Review Analytic Services (HBR-AS) report of more than 400 executives globally. A single data breach in the retail industry typically costs more than $1.84

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Inside Retail

MAY 31, 2022

But it’s important to consider the costs as well as the benefits before jumping at a new payment method. That means having honest conversations with BNPL providers and your own team around issues like fees, integration, UX, accreditation and customer ownership, accountability and bad debt management. .

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Payment Services Checkout Finance Returns 130

Inside Retail

JUNE 10, 2025

In 2018, the most prominent brands with trackside sponsorship during the season were tyre brand Pirelli, logistics giant DHL and Amazon Web Services (AWS). The 10 competing teams account for 72 per cent of sponsorship funds, with trackside sponsors and Formula 1 partners taking the balance. “F1 billion in total.

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Payment Services Advertising Fashion Accounting 130

Inside Retail

JUNE 17, 2021

Many habits they developed during 2020 — such as shopping online through WeChat and making mobile payments — will become permanent. According to a 2019 study by McKinsey, young Chinese consumers will account for 65 per cent of the growth in luxury fashion and accessories globally heading into 2025. Retail the New Way.

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Payment Services Fulfillment Specialty Retailers Social Commerce 113

Small Biz Trends

AUGUST 22, 2022

Venmo, the payment services provider has announced that it has grown by 50% and now has nearly 90 million accounts in the second quarter of 2022. One of the contributors to Venmo’s growth is its commerce payment service which grew by a whopping 250% in the second quarter alone. consumers in the U.S.

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Payment Services Accounting Consumer Fashion 96