Retail TouchPoints

AUGUST 3, 2022

Which is great news for consumers who are unabashed fans of buy now, pay later, also called BNPL. Buy now, pay later is short-term financing that allows people to buy everyday items like home goods, electronics and clothes in low to no interest monthly installments — and receive the goods immediately. trillion by 2030.

Payment Services 277

Payment Services Finance Point of Sale Checkout 277

Retail Focus

APRIL 23, 2025

Both companies are based in the United Kingdom and connect supply chain data across major retail chains and their consumer packaged goods (CPG) suppliers. ClearBox Analytics has deep expertise in combining ERP data, trade spend data and retailer data, driving unparalleled visibility to C-suite, finance, supply chain and sales functions.

Point of Sale 130

Point of Sale Finance Location Management 130

Retail TouchPoints

AUGUST 2, 2021

The Melbourne, Australia-based company currently serves more than 16 million consumers and nearly 100,000 merchants worldwide. This also gives them a financing option where they can control the parameters of how much to ‘lend’ and who to lend to. The transaction is expected to close in Q1 2022, subject to customary closing conditions.

Merchant Services 317

Merchant Services Payment Services Checkout Finance 317

Retail Times

JUNE 10, 2021

Hitachi Capital Consumer Finance (HCCF), one of the UK’s leading retail point of sale provider today announces impressive profits of £60.2m The results and continued investments during the period leave the business well positioned to grow in 2021/22 as lockdown measures ease and consumer confidence returns.

Finance 77

Finance Consumer Point of Sale Returns 77

Retail TouchPoints

AUGUST 18, 2022

But now, as BNPL offerings — and consumers’ understanding of them — mature, the explosive growth of the last two years is slowing. With inflation and interest rates on the rise, a more nuanced approach to BNPL is emerging, and experts say that’s a good thing for both consumers and retailers. In fact, 50% of U.S

Merchant Services 278

Merchant Services Payment Services Consumer Point of Sale 278

Retail TouchPoints

JANUARY 10, 2024

According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. The discrepancy may occur due to clerical errors, goods being damaged or lost, or theft from the point of purchase from a supplier to the point of sale.”

Shrinkage 310

Shrinkage Bar Codes Shipping Finance 310

Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. retail sales surpassed general merchandise sales for the first time in history. Because of this ease, merchants have begun relying on POS financing to drive sales growth.

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Inside Retail

MAY 4, 2021

While some businesses collapsed during the ensuing economic shock, the retailers that remain are left to face a disrupted industry and forever-changed consumer expectations, and, in some cases, it’s going to take a full-scale business transformation to get on top of where they now need to be.

Finance 232

Finance Planning Point of Sale Management 232

Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. featuring styles appropriate for Islamic and other religious consumers). The American Dream mall and entertainment complex failed to make a Feb. 1, 2023 $8.8 The notice from U.S.

Payment Services 276

Payment Services Department Stores Checkout Finance 276

Retail TouchPoints

APRIL 27, 2021

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% As the popularity of BNPL increases, it is important for consumers and merchants to weigh the benefits and the drawbacks of using/offering these payment options.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

Retail TouchPoints

APRIL 1, 2021

Humans have been dynamically evolving the concept of loans and credit in commerce for hundreds of years — culminating in the explosion of consumer credit cards in the 20th century. consumers have now used a buy now pay later (BNPL) service. . Enter “buy now, pay later,” whose appeal is growing customer bases and revenue channels.

Merchant Services 278

Merchant Services Payment Services Telecommunications Checkout 278

Retail TouchPoints

JULY 5, 2024

In today’s digital-first marketplace, consumer expectations for flawless shopping experiences, whether in-store or online, have reached unprecedented heights and are putting pressure on retailers to provide an “always on” business model. Rob Reid is a Technical Evangelist at Cockroach Labs based out of London, England.

Payment Services 278

Payment Services Customer Experience Inventory Management Consumer 278

Retail TouchPoints

APRIL 22, 2025

Image: Retail TouchPoints The stores modesty also belies a larger ecosystem of community-based environmental initiatives dedicated to reusing all kinds of waste , from consumer goods to food scraps.

Thrift Store 165

Thrift Store Clienteling Merchant Services Point of Sale 165

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. PVH x RetailNext and MarketDial PVH Corp.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Retail TouchPoints

FEBRUARY 2, 2023

Retail companies have invested billions in data analytics and infrastructure, seeking competitive advantage through deeper, more granular visibility into consumer behavior, business operations, supply chains and more. Information is stuck in separate systems divided by function: finance, human resources (HR), operations and others.

Management 278

Management Inventory Management Point of Sale Finance 278

Retail Times

MARCH 8, 2024

Novuna Consumer Finance, one of the UK’s leading retail point of sale providers, has partnered with home improvement retailer, Wickes to provide its credit offer for its Bespoke kitchen and bathroom ranges in-store.

Point of Sale 45

Point of Sale Finance Consumer 45

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. This allows the brand and consumer to engage on a far higher level than previously possible.

Payment Services 278

Payment Services Accounting Point of Sale Customer Experience 278

Retail TouchPoints

FEBRUARY 27, 2024

A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Independent Retailer

AUGUST 29, 2022

“Point of sale financing has historically been reserved for large purchases like luxury electronics, but now we are seeing an uptick in consumers using installment plans for smaller purchases across large and small retailers.”

Merchant Services 98

Merchant Services Finance Point of Sale Consumer 98

Retail TouchPoints

JULY 2, 2024

“There are three major players in the retail industry — the brands that make the products, the retailers that sell the products and the consumer who buys from the retailer,” said Max Rhodes, Co-founder and CEO of B2B marketplace Fa i re.

Wholesale 264

Wholesale Merchant Services Marketing Payment Services 264

LS Retail

FEBRUARY 22, 2022

©iStock/Khaosai Wongnatthakan I [Laurel Delaney] talked about the business model Buy Now, Pay Later (BNPL), in my Global Trade Trends Report 2022 and that point-of-sale (POS) financing services in the United States have grown significantly over the past 24 months, especially since the onset of COVID-19.

Merchant Services 89

Merchant Services Point of Sale Finance Consumer 89

Inside Retail

JULY 4, 2023

In recent years, cryptocurrencies have emerged as a transformative force in the world of finance. RBA’s June 2023 bulletin “ Consumer Payment Behaviour in Australia ” highlighted that there was over 60 per cent awareness of cryptocurrency as a method of payment by respondents. So, what are the risks and rewards?

Payment Services 264

Payment Services Merchant Services Point of Sale Finance 264

A1 Retail

SEPTEMBER 24, 2021

. Hitachi Capital Consumer Finance, a division of Hitachi Capital (UK) PLC, has announced that it will be rebranding under the new trading style of NOVUNA Consumer Finance by April 2022, while Hitachi Personal Finance will become NOVUNA Personal Finance.

Finance 45

Finance Consumer Point of Sale Customer Experience 45

365 Retail

JUNE 6, 2023

Novuna Consumer Finance, one of the UK’s leading retail point of sale providers, has partnered with home and garden experts Homebase to transform its credit offer in-store, providing customers with a range of flexible finance options to help them with their home improvement projects.

Finance 52

Finance Point of Sale Consumer Planning 52

Retail Gazette

DECEMBER 12, 2024

Consumer confidence remained subdued this month as it increased by one point in December, with the public still cautious about the continuing uncharitable view on the UKs general economic situation. Personal financial situation increased by two points over the past year to -7. in value, and 7.7%

Consumer 52

Consumer Finance Point of Sale ATS 52

I Vend

APRIL 2, 2025

You know that its more than simply a point of sale, and that it offers a comprehensive platform for managing the entire retail operation. But integration can be a time-consuming and difficult business, so look for retail management software that comes with ready-built adapters to integrate to your specific ERP platform.

Management 52

Management Payment Services Inventory Management Point of Sale 52

Inside Retail

NOVEMBER 1, 2022

Retailers are caught in a tightening vise between soaring cost of goods and heavy competitive pressures, which places their margins increasingly at risk as long as they cannot pass through the costs to consumers in their entirety. Japan is an excellent case in point. So it has focused instead on supporting consumer incomes.

Wholesale 130

Wholesale Payment Services Finance Consumer 130

Inside Retail

MAY 7, 2024

Situated in the TRX district, a hub for both finance and fashion, the new store aims to blend luxury with cultural flair, targeting the affluent consumer base of Southeast Asia. Wong said the Group provides comprehensive worldwide after-sales services for customers, including free cleaning and jewellery inspection services.

Boutique 113

Boutique Point of Sale Finance Consumer 113

Inside Retail

AUGUST 27, 2024

Retailers are operating in an era when margins are under pressure, and consumers – and investors – expect strict adherence to robust sustainability practices. So, it follows that accurate demand forecasting can be an indispensable tool in reducing waste, optimising sales, and managing the selling price throughout a product’s life cycle.

Promotions 130

Promotions Consumer Fashion Point of Sale 130

Inside Retail

APRIL 29, 2023

Consumers, too, preferred to use contactless payments or to shop online. 3 The hidden cost of cash For many organisations, completing the sale with the least disruption is usually more important than eliminating cash. Responding to consumer payment preferences Australians are at the forefront in adopting digital payments.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Retail Times

JUNE 14, 2023

Novuna Consumer Finance, one of the UK’s leading retail point of sale providers, has partnered with Magnet, one of the country’s largest and most established kitchen retailers, to revolutionise the credit options available in-store.

Finance 40

Finance Point of Sale Consumer 40

Storis

AUGUST 2, 2024

Further, there is increased accessibility of this solution natively in mobile point of sale systems. A Positive Perception of Sustainability Modern consumers are increasingly concerned with sustainability, and it is important to align business practices with these values.

Finance 52

Finance Home Furnishings Point of Sale Operating Expenses 52

Storis

MAY 31, 2024

Branded credit cards enhance customer loyalty by offering promotional financing incentives to customers as a competitive differentiator. What are the benefits of store credit cards to retailers and their consumers? Retailers may also run promotional financing offers targeted to new applicants with attractive sign-up offers.

Payment Services 52

Payment Services Finance Accounting Promotions 52

Retail Gazette

FEBRUARY 6, 2024

Advanced Supply Chain (ASC) polled 100 UK retailers, with 63% reporting a rise in the number of goods being returned during the last year, which they attribute largely to the squeeze on consumer finances. First and foremost, brands must provide consumers with what they want.

Customer Experience 52

Customer Experience Returns Inventory Management Point of Sale 52

Retail Smart Guys

MAY 1, 2023

Inventory Management: Keeping track of inventory levels, managing orders, and processing returns can be time-consuming and requires much attention to detail. Bookkeeping: Independent retailers must keep track of their finances, sales, expenses, and taxes, which can involve a lot of paperwork and data entry that can be troublesome.

Inventory Management 52

Inventory Management Point of Sale Finance Returns 52

365 Retail

OCTOBER 5, 2021

Following the initial deployment, and realising the value of the platform, the retailer began using it to streamline other key aspects of the business, from operations and maintenance to marketing, stock and finance – with each store now processing daily cash closures digitally through YOOBIC. “A

Customer Experience 52

Customer Experience Visual Merchandising Point of Sale Employee Engagement 52

Storis

JANUARY 22, 2024

The State of the Home Furnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success. economy is driven by consumer spending and a thriving job market. This was exemplified by the record-breaking $38 billion in sales during Cyber Week, up 7.8% Statista projects 94.7

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52