Retail TouchPoints

SEPTEMBER 12, 2024

Still-potent economic uncertainty is encouraging consumers to be savvier as they browse and buy. But while there may be more price comparing and deal hunting this holiday season, consumers will still expect stellar experiences as they browse and buy across channels. trillion — a soft 3% growth rate over the same period in 2023.

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Inside Retail

OCTOBER 13, 2021

Eftpos is partnering with banks, big retailers and fintech to allow consumers to pay using QR codes, and while this could be good news for small businesses too, industry groups say “the devil is in the detail”. Supermarket giants Coles and Woolworths are also on board as first adopters. What do QR-code payments mean for SMEs?

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Inside Retail

APRIL 29, 2023

The acceptance of cash has started to trend upwards again, but payment technology is helping businesses to deliver consistently better experiences, so what does the future hold? And how can businesses be ready for evolving payment technologies? Consumers, too, preferred to use contactless payments or to shop online.

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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. The innovation that we at Faire brought to the market was offering free returns and net-60 payment terms.

Wholesale 264

Wholesale Merchant Services Marketing Payment Services 264

365 Retail

OCTOBER 11, 2022

A new study from FIS ® (NYSE: FIS), shows how the shopping preferences of younger UK consumers have shifted as adoption of embedded finance services reaches mainstream usage among Millennials and Gen Zs, while their older counterparts are less engaged with newer, digitally-oriented financial experiences.

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Retail TouchPoints

MAY 13, 2021

billion ) buoyed by the consolidation of the Sun Art supermarket business, in which Alibaba took a controlling stake in October 2020. Overall, online physical goods GMV grew 21% YoY in fiscal year 2021, driven primarily by the FMCG [ fast moving consumer goods ] and home furnishings categories. billion yuan ( $109.5 billion ). .

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Home Furnishings Merchant Services Supermarket Social Commerce 241

Inside Retail

MAY 30, 2021

While e-commerce adoption skyrocketed all around the world at the peak of the pandemic, perhaps more interesting was the rate at which older consumers embraced online retail. In South Korea, for example, roughly 60 per cent of the population presently purchase fast moving consumer goods online.

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Inside Retail

MARCH 7, 2022

Last week supermarket giant Coles announced it would be the first Australian supermarket to offer drone delivery for its Canberra customers. Coles’ chief executive of e-commerce Ben Hassing said the supermarket is aiming to deliver a quick shopping experience to its customers “anytime, anywhere, anyhow”. Shoot for the sky.

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Inside Retail

SEPTEMBER 13, 2023

The pandemic, geopolitical tensions, climate change and cost-of-living crisis have all redefined consumer behaviours. For resilience in these new waters, retailers must reshape conventional thinking and rekindle the essence of customer service. We are at the nexus of digital innovation and human-centred values.

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A1 Retail

JUNE 29, 2021

By David Jeffrey, Director of Product, Barclaycard Payments. The latest data from Barclaycard Payments shows that 50 percent of our transactions now come through ecommerce, up from 40 percent pre-pandemic. The remarkable rise of digital wallets and payment services. per cent to six per cent – between 2019 and 2020.

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Inside Retail

SEPTEMBER 11, 2021

Speedy delivery is the name of the game for supermarket retailers all over the world right now, as major chains invest in micro fulfilment centres and explore dark stores in an effort to keep up with customers’ rising expectations during the pandemic. How big is Missfresh now? How many distributed mini warehouses (DMW) are across China?

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Payment Services Merchant Services Fulfillment Marketing 130

Inside Retail

JANUARY 6, 2022

Omaha Steaks in the USA began a mail order and home delivery service as early as 1952. Middagsfrid spread rapidly through Germany, Denmark, Switzerland, and Belgium, driving a trail of competitors in the process, such as the more than 10 meal kit companies in Sweden alone, a country with a population of under 10 million.

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Retail Gazette

JUNE 19, 2024

The changes come as the company’s global head of grocery and retail Susan Anderson insists grocery shopping trends have “fundamentally changed,” with consumers carrying out fewer big shops at the supermarket and leaning more on the convenience of apps.

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Inside Retail

JULY 20, 2021

People don’t know how their supermarkets are stocked up.”. India and the Philippines, both reeling from vicious waves of Covid-19, account for more than a third of the world’s commercial seafarers, said Guy Platten, secretary general of the ICS, which represents over 80% of the world’s merchant fleet. “We People are desperate.

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Mass Relators

MAY 2, 2024

WASHINGTON – The “swipe” fees credit card networks and banks charge merchants to process transactions could cost consumers more than $750 million this Mother’s Day, according to the Merchants Payments Coalition. Consumers plan to spend an average $53.12 Based on those numbers and the 2.26 million on $5.9

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Inside Retail

SEPTEMBER 23, 2021

In a partnership with Virmall, a local firm that helps to curate and bring in products from merchants on Taobao, the two companies opened a 6,000 sq ft store, offering over 300 products, ranging from furniture to kitchen appliances and clothes. Beyond just functional purposes, another trend pushing consumers to redecorate is the rise of Zoom.

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Retail TouchPoints

JULY 17, 2020

Interest in private label products, from supermarket-branded foods to Amazon Basics hard goods, have been on the rise for the past several years. Additionally, the percentage of consumers willing to pay the same or more for private labels over name-brand products rose from 34%. over the past three years. in 2014 to 40% in 2019.

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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. Growth in supermarket spending increased to 5.2 percent), as UK consumers returned to their regular routines after the Christmas break.

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Consumer Supermarket Finance Merchant Services 59

Rangeme

SEPTEMBER 7, 2021

According to the Private Label Manufacturers Association, sales of supermarkets’ private label products are up 13.2%. Private label done the right way can be a gigantic value-add for merchants,” Cramer says. Consumers love choice. Grocery stores’ private offerings constituted 23.4% Why compete with yourself?

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Merchant Services Supermarket Consumer Marketing 98

Mass Relators

DECEMBER 12, 2022

. “By offering customer-favorite sushi options and premium floral bouquets through third-party marketplaces we are continuing to evolve and meet customers where and how they are shopping,” said Stuart Aitken, senior vice president and chief merchant & marketing officer at Kroger.

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Mass Relators

SEPTEMBER 12, 2022

Consumers flocked online for essential purchases, adding $102.08 Overall in 2021, consumers spent $870.78 merchants, up 14.2% They almost exclusively use their existing stores as fulfillment outlets to enhance convenience and get the product to the consumer as economically as possible. billion online with U.S.

Grocer 52

Grocer Merchant Services Fulfillment Supermarket 52

Mass Relators

JANUARY 21, 2023

The seven executives — Rick Brindle, Elizabeth Chace-Marino, Ron Edenfield, Bob Obray, Art Potash, Gordon Reid, and Joe Sheridan — have exemplified food industry excellence through first-rate company leadership, community impact and customer service, according to FMI. Supermarket,” was an avid industry collaborator.

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Retail Dive

JUNE 11, 2025

Published June 11, 2025 Patrick Cooley Reporter post share post print email license The gift shop chain Lori's Gifts uses checkout-free payments systems. However, that progressive, lower-cost, digital approach to in-store retail payments isn’t dead. consumers spent $5.93 trillion online.

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Retail TouchPoints

MARCH 29, 2022

The 2022 Connected Consumer Series featured industry experts, thought leaders and practitioners prepared to share their wisdom with their peers, and spotlighted powerful examples from FILA, Lidl, Patagonia and other businesses. It’s also changing the dynamics of retailers’ relationship with consumers. “If View the session on demand.

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Payment Services Merchant Services Consumer Customer Experience 245

Inside Retail

JUNE 30, 2021

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. JY: Consumers and their needs have rapidly evolved in the past year. It is clear that consumers don’t limit themselves to a single channel, and therefore neither should we.

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Inside Retail

MAY 30, 2022

The e-commerce giant said coronavirus resurgence in China, and lockdowns imposed to curb its spread in Shanghai and other cities weighed on its business by hindering merchants from shipping goods and making consumers focus on buying necessities. Annual active consumers on its platforms reached about 1.31 billion a year ago.

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Inside Retail

MAY 30, 2022

The e-commerce giant said coronavirus resurgence in China, and lockdowns imposed to curb its spread in Shanghai and other cities weighed on its business by hindering merchants from shipping goods and making consumers focus on buying necessities. Annual active consumers on its platforms reached about 1.31 billion a year ago.

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Merchant Services Supermarket Shipping Consumer 130

Inside Retail

MAY 26, 2022

The e-commerce giant said coronavirus resurgence in China, and lockdowns imposed to curb its spread in Shanghai and other cities weighed on its business by hindering merchants from shipping goods and making consumers focus on buying necessities. Annual active consumers on its platforms reached about 1.31 billion a year ago.

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Merchant Services Supermarket Shipping Consumer 130

Mass Relators

SEPTEMBER 12, 2022

Nightengale and Anderson both went on to detail the momentum that continues to build for priority issues of NACDS, including: • Maintaining Americans’ access to critical pharmacy-based services beyond the COVID-19 pandemic by passing the bipartisan Equitable Community Access to Pharmacist Services Act (HR 7213). experiences.”.

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