Retail TouchPoints

NOVEMBER 4, 2020

According to McKinsey , ecommerce sales in apparel, department stores and beauty products have increased by nearly 10%, on average, since the onset of the pandemic. Because of this ease, merchants have begun relying on POS financing to drive sales growth. According to McKinsey, merchants face up to 2.4X

Merchant Services 314

Merchant Services Payment Services Accounting Jewelry 314

Retail TouchPoints

SEPTEMBER 3, 2020

In the wake of COVID-19, returns are receiving serious (and necessary) attention for several key reasons: Retailers are spending more processing returns in stores. However, apparel and department stores are elevated. Department stores are normally at 11% , but they are currently near 14%.

Returns 328

Returns Merchant Services Department Stores Shipping 328

Retail TouchPoints

OCTOBER 6, 2022

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. YOY growth this holiday season, whereas department stores will only see a 0.3%

Merchant Services 242

Merchant Services Payment Services Promotions Location 242

I Love Fashion

JANUARY 19, 2023

Wholesale clothing supplier sells large amounts of products to online store owners or retailers at a comparatively lower price than the market. Considering the process of wholesale clothing can be divided into 3 categories. For that reason, brokers are also called commission merchants. Let’s know about them.

Wholesale 40

Wholesale Merchant Services Fashion Payment Services 40

Inside Retail

MAY 17, 2022

The role now is broader and to help merchants understand Alibaba, work with Alibaba, understand how they can integrate our digital innovation into their business models. They expect a level of service now through digital that they didn’t expect before. I’m really excited. That was not their goal.

Department Stores 130

Department Stores Merchant Services Consumer Marketing 130

VMS

DECEMBER 9, 2021

Effective in the third quarter, Andy Jassy, formerly CEO of Amazon Web Services, stepped up to replace Bezos. Bezos’ rocket ship went up to the stars (which got all the headlines) and came back down again (hardly mentioned). Much of it is sitting in ships stacking up at various U.S. Heaven, Earth and Herald Square.

Merchant Services 78

Merchant Services Visual Merchandising Sporting Goods Fulfillment 78

Indigo 9 Digital

FEBRUARY 28, 2023

After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. and ultimately profitability.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98