Inside Retail

NOVEMBER 20, 2022

All the payments would be done automatically. According to the Trigo CEO Michael Gabay, the Berlin location is nearly double the size of the Cologne store, where the concept debuted, and has additional offerings, such as promotional baskets, crates of beer and other bulk items, as well as pans and kitchen utensils. Cutting down costs.

Checkout 130

Checkout Payment Services Supermarket Specialty Store 130

Inside Retail

FEBRUARY 4, 2024

Consumers will be even more selective, payment flexibility and innovation will be vital, and new tools to boost online security will gain momentum. Using promotional codes, cashback offers and rewards and spending more time researching before buying were similarly set to remain persistent trends.

Merchant Services 264

Merchant Services Payment Services Accounting Consumer 264

Retail TouchPoints

MARCH 29, 2023

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., Source: Apple Users will be able to access, track, manage and repay their Apple Pay Later loans all within the Apple Wallet.

Merchant Services 269

Merchant Services Payment Services Checkout Finance 269

Retail TouchPoints

JULY 17, 2023

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. IoT solutions enable retail stores to monitor and manage their equipment, including HVAC systems and refrigerators. Inventory management.

Payment Services 223

Payment Services Checkout Inventory Management Customer Experience 223

Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. Frictionless checkout makes shopping seamless for everyone.”.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

Retail TouchPoints

MARCH 21, 2022

Or a customer receives immediate, personalized product promotions and recommendations the moment they walk in a store, creating a truly customized experience. Imagine a retail location where customers using an AR-powered mirror can see how clothing looks on them without ever entering a changing room. 5G can Drive Consumer Engagement.

Payment Services 249

Payment Services Checkout Supply Chain Management Customer Experience 249

Retail TouchPoints

FEBRUARY 3, 2023

Have a simple checkout process. Powerful marketing initiatives and detailed product pages don’t mean anything if the buyer bails because the checkout process is too complicated. Simple and easy checkout processes are needed to seal the deal. Make customer service a priority. Be mobile-friendly.

Merchant Services 232

Merchant Services Payment Services Marketing Drop-Shipping 232

Retail TouchPoints

JULY 8, 2022

For shoppers, BNPL is a seamless payment method that helps break up their purchases into several installments, bringing more cash flow and budgeting flexibility. Merchants offering BNPL services experience an average of 20% to 30% higher conversion rates and a 30% to 50% increase in average ticket size. Empower Your Customers.

Merchant Services 234

Merchant Services Payment Services Point of Sale Checkout 234

Retail TouchPoints

JUNE 23, 2023

Increasingly, however, their focus has turned to the large amounts of data processed at the “edge,” and not just transactional information: inventory, sensor, capacity, video, performance — across tens to hundreds of devices in each store. Edge systems process data in real time.

Payment Services 254

Payment Services Customer Experience Promotions Point of Sale 254

Retail TouchPoints

OCTOBER 11, 2022

The world of retail has changed drastically for shoppers, and mobile checkout devices have helped retailers big and small not only provide a better customer experience but also increase sales and revenue. Shopping for Effective Device Management and Security.

Payment Services 247

Payment Services Checkout Point of Sale Management 247

Inside Retail

MARCH 12, 2024

Square is revolutionising the way small and medium-sized retailers can manage inventory and payments through a combination of next-generation hardware and custom-built software. Square’s system also allows retailers to accept returns at any location and seamlessly process exchanges. Offer not valid with guest checkout.

Payment Services 130

Payment Services Accounting Promotions Point of Sale 130

Retail TouchPoints

APRIL 17, 2023

While most supermarkets prioritized developments that facilitated COVID-era shopping behaviors like grocery delivery, curbside pickup or self-checkout, grocery shoppers are now looking for improved in-store experiences. For many in the grocery industry, however, adopting these practices has been slower.

Specialty Retailers 225

Specialty Retailers Grocer Payment Services Outdoor 225

Retail TouchPoints

JUNE 15, 2022

-based online sellers” are reportedly participating in the beta test of Buy Direct, but a source told Business Insider that Microsoft hopes the service will drive $25 million in gross merchandising value (GMV) by fiscal 2023, which ends June 30, 2023.

Merchant Services 294

Merchant Services Shopping Payment Services Advertising 294

I Vend

MAY 8, 2024

Here’s some of the key ways that an integrated POS systems for wine and liquor can underpin growth strategies for wine and liquor stores: POS – integrated POS software for wine and liquor stores helps with efficiency at the checkout, enhancing the customer experience and streamlining operations in wine and liquor stores.

Shrinkage 81

Shrinkage Inventory Management Payment Services Point of Sale 81

Retail TouchPoints

JANUARY 3, 2023

Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions. Bad Bots are Siphoning Profits.

Merchant Services 287

Merchant Services Payment Services Accounting Checkout 287

Retail TouchPoints

MAY 9, 2023

Recent AI advancements have the power to reshape the way the industry operates. Retailers embracing Generative AI can stay ahead of the curve and compete in this ever-changing competitive landscape — enabling them to lead with a customer-first approach while operating with more efficiency. Providing 24/7 customer service.

Payment Services 253

Payment Services Inventory Management Marketing Checkout 253

I Vend

FEBRUARY 9, 2024

All retail processes iVend helps retailers become irresistible to shoppers. Process automation – such as inventory management , tracking stock levels and re-ordering. Customer service – chatbots and personal assistants to enhance the customer experience. Learn how we play Cupid, making customers love stores.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

I Vend

DECEMBER 11, 2023

All retail processes iVend helps retailers to stay ahead of retail technology trends. Process automation – such as inventory management , tracking stock levels and re-ordering. Customer service – chatbots and personal assistants to enhance the customer experience.

Payment Services 53

Payment Services Inventory Management Checkout Point of Sale 53

Retail TouchPoints

OCTOBER 22, 2021

6-Step Process to Build an Ecommerce Website from Scratch. The process of building an online store goes beyond just understanding the market you are about to enter. The process of developing an ecommerce website from scratch consists of the following steps: 1. Follow 3 key design principles. Buy premium web hosting.

Payment Services 232

Payment Services Inventory Management Promotions Checkout 232

Retail TouchPoints

APRIL 27, 2021

FedEx and Adobe have entered a multi-year collaboration that will begin with the integration of Adobe Commerce with ShopRunner, an ecommerce platform and subsidiary of FedEx Services. The partnership was forged to help retailers better manage their shipping and logistics and allow them to offer an improved last-mile delivery experience.

Merchant Services 147

Merchant Services Drop-Shipping Payment Services Shipping 147

I Vend

OCTOBER 16, 2023

Online shopping is intrinsically more personalized – a customer can be greeted by name, shown previous orders, receive suggestions for items they might like and have their payment details stored for seamless checkout. Retailers can make the most of this trend with promotions focussed on celebrations, festivities and events.

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Checkout Inventory Management Payment Services Returns 105

Retail TouchPoints

JULY 7, 2020

And Nike maintained top-of-mind focus amidst lockdown in China by promoting its workout app, resulting in an 80% increase in use and a 30% increase in online sales. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. Traditionally, U.S. And contactless is not limited to the point of sale.

Merchant Services 192

Merchant Services Payment Services Point of Sale Consumer 192

I Vend

OCTOBER 10, 2023

Retailers have to grow their share of a finite wallet, making promotions and customer experience an essential part of the retail mix. Retailers have to be ready with promotions to attract these early birds, and harness their retail POS software to win their wallet.

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Checkout Inventory Management Payment Services Returns 105

Retail TouchPoints

DECEMBER 19, 2022

All of these retailers succeed by building hype around the launch, priming their loyal customers to place their order as soon as the product or service is released. Once the reseller receives the bot-bought goods, they set their marked-up price and promote the availability of the product on marketplace sites.

Merchant Services 162

Merchant Services Payment Services Drop-Shipping Shipping 162

Inside Retail

OCTOBER 19, 2021

Online shoppers want variety – and they want it for everything, including their payment options. Offering more payment methods has been shown to increase conversion rates on fashion websites, but many retailers are wary of accepting alternative payment methods as they come with new vulnerabilities and fraud challenges.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

OCTOBER 26, 2020

Stores regularly reconfigure their layouts and inventory to facilitate a smoother traffic flow. Ultimately, what does that matter if the final phase — the checkout — is hindered to the point of resulting in lost sales? Automated Queue Management Solutions. Investing in automated queue management solutions help with both.

Checkout 188

Checkout Payment Services Management Shopping 188

365 Retail

NOVEMBER 8, 2023

This collaboration marks a significant addition to the roster of retailers adopting Clearpay’s payment services. This trend underscores the alignment of Clearpay’s services with current consumer demands. The service is free for customers who adhere to the payment schedule.

Payment Services 59

Payment Services Clienteling Checkout Fashion 59

Retail TouchPoints

JULY 11, 2023

But the NFL has an edge, as it has led the way in adopting technologies like network analytics and cloud management solutions that make it easier to ensure the network can handle demands from both fans and operational teams. For example, many NFL teams are experimenting with changing the nature of the payments experience.

Payment Services 176

Payment Services Inventory Management Consumer Returns 176

Retail TouchPoints

JANUARY 20, 2022

Customers also can choose to share additional information such as their style, fit and other preferences in order to receive more refined recommendations, and they’ll receive notifications of in-store promotions curated to their preferences. There will be humans working the store too.

Payment Services 215

Payment Services Apparel Inventory Management Department Stores 215

Retail Assist

OCTOBER 10, 2022

From self-service to click-and-collect, in recent years we’ve seen technology revolutionise the hospitality industry, providing increasing opportunities to deliver a unique and enhanced customer experience. Pre-ordering, and the desire to streamline the process, is fast becoming a key trend within the industry.

Payment Services 52

Payment Services Customer Experience Checkout Promotions 52

Retail TouchPoints

JANUARY 14, 2022

15,” said Peter McCall, Senior Manager, Retail Consulting and Advanced Analytics at Sensormatic in an interview with Retail TouchPoints. Shoppers have been embracing modern technology and services throughout the pandemic, and this trend continued during the holidays. But when it came to alternative payments, BNPL was the star.

Social Commerce 280

Social Commerce Fulfillment Drop-Shipping Payment Services 280

Independent Retailer

AUGUST 11, 2022

Each step of the ecommerce process, from searching for products to checkout, carries a risk of retailers losing a sale. Having all of the information available on the listings page so they can make informed purchases is an increasing trend that promotes conversions.” Create a Seamless Checkout Process.

Merchant Services 83

Merchant Services Payment Services Checkout Promotions 83

Retail TouchPoints

MARCH 30, 2022

2020’s lockdowns forced brands to get creative with their digital presence as well as how they service their customers. Integrated autofill payment features, keeping the shopping experience in-platform and tagged products in lifestyle imagery or creator content are a few solutions social platforms have developed to reduce friction for brands.

Social Commerce 286

Social Commerce Payment Services Checkout Shopping 286

I Vend

APRIL 6, 2023

A point of sale (POS) system is the nerve centre of any retail operation. It performs the core functions in the store – managing the customer transactions that enable you to trade and taking the payments that make up your revenue. Queue busting, with in-aisle checkout.

Payment Services 97

Payment Services Point of Sale Customer Experience Inventory Management 97

Retail TouchPoints

AUGUST 17, 2021

Online retailers are using AI to create intent-based promotions. When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line. Practical Benefits of AI in Grocery.

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Checkout Payment Services Customer Experience Inventory Management 305

CJ Retail Solutions

JULY 7, 2023

Optimizing Checkout Areas Enhancing Visual Merchandising Techniques 4.1. Innovative Signage and Wayfinding Systems Technology Integration for Streamlined Operations 5.1. Inventory Management Solutions 5.3. Compliance with Safety Standards 6.3. Implementing Efficient Shelving Systems 3.3. Point-of-Sale (POS) Systems 5.2.

Payment Services 40

Payment Services Store Layout Visual Merchandising Checkout 40

365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

Payment Services 59

Payment Services Checkout Store Layout Inventory Management 59