Retail Wire

DECEMBER 1, 2023

Don't let doom spending ruin your finances.

Finance 264

Finance Consumer Shopping 264

Inside Retail

JANUARY 19, 2023

Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them. Rather than talking about what we do when we’re out there, it’s about how it makes us feel.”

Consumer 130

Consumer Shopping Outdoor Fashion 130

Retail TouchPoints

JUNE 7, 2023

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. That’s according to a recent study by the ICSC that surveyed Gen Z consumers, defined by the Pew Research Center as those born between 1997 and 2012.

Discount Store 276

Discount Store Shopping ATS Payment Services 276

Retail TouchPoints

DECEMBER 8, 2021

Top Consumer Stress Factors. Let’s back up for a moment and consider some recent pre-holiday consumer data. Budget and finances — traditionally shoppers’ biggest worries — have given way to concern over out-of-stock items. Late Start for Many Consumers. A Ziff Media Group survey of more than 1,000 U.S. One reason?

Shopping 251

Shopping Shipping Finance Advertising 251

Inside Retail

JUNE 20, 2021

Lockdowns with little advance notice, panic buying, supply chain disruptions, hastily made changes to health and safety regulations, and extreme swings in consumer needs and expectations. How did they fare and how have consumers changed due to their pandemic experience? Consumers unevenly impacted. Changed shopping behaviours….

Consumer 242

Consumer Beauty and Health Payment Services Finance 242

Retail TouchPoints

DECEMBER 20, 2023

Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option. Customers also can access Affirm BNPL financing at Walmart Vision and Auto Centers. year over year.

Checkout 285

Checkout Kiosk Finance Apparel 285

Inside Retail

MAY 19, 2021

In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. We will explore the four key themes emerging from our research and how retailers need to respond to the changed consumer.

Consumer 246

Consumer Department Stores Finance Fulfillment 246

Independent Retailer

OCTOBER 19, 2022

Determining the right mix of financing options comes down to having a deep understanding of your customer and your product set. Nearly half (46%) of consumers surveyed said they are more likely to purchase from retailers who offer a variety of financing options. by Mike Rittler. by Mike Rittler. The Federal Reserve and the U.S.

Finance 74

Finance Payment Services Promotions Consumer 74

Retail Dive

NOVEMBER 30, 2022

Buy now, pay later providers saw increased use during Black Friday, but credit and debit were the top payment methods for online orders.

Finance 92

Finance Consumer Shopping 92

Inside Retail

DECEMBER 17, 2023

Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances. Such economic strain is leading to behavioural changes in the way consumers are shopping and planning their festive budgets. But this shouldn’t just be a retail race to the bottom.

Shopping 130

Shopping Store Layout Promotions Consumer 130

VMS

OCTOBER 13, 2021

With a record holiday season looming ahead, retailers are altering their messaging to set consumer expectations regarding “supply chain challenges,” “longer delivery times” and “lower inventories,” reports Reuters. consumers are expected to spend up to $1.3 trillion over the holiday season, according to Deloitte.

Consumer 88

Consumer Shopping Visual Merchandising Finance 88

365 Retail

OCTOBER 6, 2023

New research from Checkout Finance provider, Divido , has found that over a third (35%) of Christmas shoppers plan to make most of their purchases between now and Black Friday weekend. Retailers often invest a lot of money into curating the perfect deals for these peak sales periods when in fact consumers are shopping before then.

Shopping 113

Shopping Finance Checkout Planning 113

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. This is causing many Americans to stress this holiday season.”.

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Retail Gazette

MAY 28, 2024

Shop price inflation across the UK has fallen to its lowest point since November 2021, as consumers clamp down on spending and businesses slash the prices of large purchases. ” Meanwhile, UK consumer confidence improved last month , as falling inflation helped boost consumer optimism about their personal finances. .”

Shopping 64

Shopping Finance Consumer Returns 64

Retail TouchPoints

SEPTEMBER 6, 2022

Your grandma shops online. A new generation of shoppers, Gen Z, are bending online shopping to their will. At the same time, just to complicate things further for retailers, Gen Z actually likes to shop in physical retail stores, according to the study. Three suggestions: Adapt to where and how Gen Z wants to shop.

Merchant Services 269

Merchant Services Payment Services Finance Shopping 269

Retail TouchPoints

DECEMBER 13, 2021

With retailers already pushing out holiday sales to entice consumers to buy early and avoid delivery delays due to supply chain congestion, one tactic that they will lean on to entice customers is buy now, pay later (BNPL). BNPL Can Have an Effect on Consumers and Retailers.

Payment Services 262

Payment Services Consumer Returns Management 262

Retail TouchPoints

JUNE 3, 2024

And at the brand level, we have the honor of spotlighting executives from both established legacy retailers as well as emerging direct-to-consumer brands. Manager, Tinuiti Kris Bybee, Vice President of Finance, Tractor Supply Company Amanda Moschel, Senior Manager of Store Design, ULTA Beauty Carley Stypula, Sr.

Wholesale 312

Wholesale Space Planning Finance Management 312

Retail Minded

FEBRUARY 20, 2024

Retailers like Amazon, Walmart, Target, Kohl’s, and Old Navy all offer branded credit cards to make shopping more rewarding. While store cards can offer awesome perks like discounts, cashback, rewards points, and free shipping, it’s prudent to shop around to find the best fit for your needs. How does that sound?

Consumer 52

Consumer Finance Payment Services Shipping 52

Retail TouchPoints

NOVEMBER 28, 2023

Consumer spending on Cyber Monday surpassed initial projections to reach $12.4 billion — both a 9.6% year-over-year increase and the biggest online shopping day of all time , according to Adobe Analytics. million consumers shopped over the five-day weekend, surpassing last year’s record of 196.7 A record 200.4

Payment Services 264

Payment Services Promotions Finance Consumer 264

Inside Retail

OCTOBER 15, 2023

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

Department Stores 278

Department Stores Finance Grocer Location 278

A1 Retail

SEPTEMBER 17, 2021

With less than 100 days to go until Christmas, new insights from eBay Ads UK show brands can expect a tale of two Christmases this year, as pandemic-hit personal finances prompt varying consumer priorities – from conscious celebrations to extravagant affairs . More disposable income means bigger spend and celebrations.

Finance 75

Finance Planning Consumer Advertising 75

365 Retail

JANUARY 9, 2024

In December 2023, the UK witnessed a modest rise in consumer card spending, increasing by 2.3% However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. year-on-year, which fell short of the CPIH inflation rate of 4.2% and was lower than November’s growth of 2.9%.

Consumer 104

Consumer Supermarket Department Stores Promotions 104

VMS

DECEMBER 14, 2022

consumers finds that a growing number are cutting their holiday spending to account for inflation. Those results were contained in Jungle Scout’s Consumer Trends Report for the fourth quarter (October-December) of 2022. consumers get holiday gift ideas from social media. A recently completed survey of more than 1000 U.S.

Consumer 74

Consumer Finance Accounting Shopping 74

Inside Retail

OCTOBER 12, 2023

For many retailers, the months of November and December make up a large chunk of their annual sales, with customers out shopping in droves ahead of the Christmas season. Consumers are very happy to still dip into their savings to ensure that they’re living the life that they want.”

Finance 264

Finance Consumer Shopping Promotions 264

Retail TouchPoints

NOVEMBER 16, 2022

Amex also has partnered with musical artist Chlöe Bailey to create a “Shop Small Soundtrack” that TikTok users can add to their content. Shopping small has a significant impact on helping local communities, with two-thirds of every dollar spent at small businesses staying within the local community. small business owners.

Merchant Services 263

Merchant Services Finance Advertising Marketing 263

Retail TouchPoints

AUGUST 14, 2020

It’s no surprise that the shopping habits of Gen Z during the pandemic will predict the near future for retail. This adds up to a new outlook on finances for Gen Zers who are already taking a more careful approach in how, when and where they spend. But we know they want to get back to shopping in-store.

Merchant Services 275

Merchant Services Shopping Payment Services Customer Experience 275

Retail TouchPoints

JULY 8, 2022

Customers that have a positive point-of-sale financing experience are more likely to repeat purchases from that retail brand if the BNPL option is white-labeled for the retailer. Giving consumers a positive BNPL experience includes offering high approval rates, transparent terms and attractive rates.

Merchant Services 257

Merchant Services Payment Services Point of Sale Checkout 257

A1 Retail

OCTOBER 9, 2023

New research from Checkout Finance provider, Divido , has found that over a third (35 percent) of Christmas shoppers plan to make most of their purchases between now and Black Friday weekend. How are consumers spending their money? However, expenditure for Christmas goes beyond just the presents. Image courtesy of Unsplash.

Shopping 59

Shopping Finance Checkout Planning 59

A1 Retail

JANUARY 10, 2023

The Barclays report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 4.4 percent rise in consumer price inflation. percent year-on-year in December – slightly higher than November (3.9 percent) but well below the 9.3

Finance 98

Finance Outdoor Supermarket Department Stores 98

365 Retail

OCTOBER 30, 2023

A comprehensive survey by Tyl by NatWest offers a deep dive into the changing relationship between consumers and retailers, examining the factors that attract shoppers to both small boutiques and large commercial outlets. On the other end of the spectrum, small businesses seem to have cracked the code to consumer hearts.

Customer Experience 109

Customer Experience Shopping Boutique Finance 109

Retail TouchPoints

APRIL 26, 2021

This round of financing will allow Vivrelle to scale its one-of-a-kind platform and continue offering individualized and unparalleled customer service to our community of members,” said Blake Geffen, Co-founder and CEO of Vivrelle in a statement. The financing round was led by Origin Ventures with participation from Chapford Capital Group.

Jewelry 295

Jewelry Finance Fashion Consumer 295

Retail TouchPoints

MARCH 8, 2023

After three years of supply chain logistics and shipping delays, retailers have too much inventory sitting on shelves, and consumer demand continues to be in flux as inflation maintains a strong grip on budgets everywhere. This means the way consumers shop has drastically changed as new financing options rise in popularity.

Payment Services 253

Payment Services Finance Customer Experience Shipping 253

Retail TouchPoints

JANUARY 26, 2024

The seamless nature of digital commerce has inspired consumers to expect more from the payment experience everywhere they shop — online, in-store and even via social channels. Customers today expect to be able to shop where and when they want and use the payment method they want.” more compared to their previous buying levels.

Merchant Services 247

Merchant Services Payment Services Checkout Finance 247

A1 Retail

FEBRUARY 6, 2024

However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within their means reached its highest point in over two years. percent), as UK consumers returned to their regular routines after the Christmas break. percent, yet higher than December’s growth of 2.3

Consumer 59

Consumer Supermarket Finance Merchant Services 59

Retail TouchPoints

JANUARY 6, 2022

Yahoo has partnered with ecommerce enablement software MikMak to offer add-to-cart functionality and ecommerce analytics for advertising campaigns on its properties, which include Yahoo Finance, TechCrunch and AOL.

Checkout 267

Checkout Advertising Finance Consumer 267

Retail TouchPoints

FEBRUARY 5, 2024

As the RMN market is projected to surpass $100 billion in coming years, it’s no surprise that RMNs have been sprouting across various sectors, from hospitality and finance to conventional retail. This saves RMNs money in production, timing and media planning. Equally crucial is treating each impression as an experiment.

Accounting 262

Accounting Finance Marketing Consumer 262

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