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. The return to offices and social events is inspiring consumers to level up their wardrobes and focus more on apparel and footwear.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Retail TouchPoints

NOVEMBER 7, 2023

Common examples of ORC include when merchandise is stolen and returned for profit or sold through online auctions or in-person sales. Typically, ORC is reliant on a single entity, like an address, credit card or store account that connects a complex crime ring across retail stores.

Loss Prevention 297

Loss Prevention Shrinkage Returns Payment Services 297

Retail TouchPoints

OCTOBER 10, 2024

Customers want to see clothing on hangers, pick them up, feel the fabric, try them on, and may even return the items to other shelves or locations in the store.” Now, we are excited to be the first NFL stadium with an RFID-enabled Just Walk Out technology store so fans can grab their favorite hats, jerseys and more and simply walk out.

Payment Services 264

Payment Services Apparel Checkout Fulfillment 264

365 Retail

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

Department Stores 75

Department Stores Outdoor Payment Services Shopping 75

Inside Retail

JUNE 17, 2021

With the coronavirus outbreak forcing retailers to shift their companies’ operations, fast-track digital transformations, and reimagine strategies and business models, it is important for employees to have excellent digital skills, talent in storytelling, and the savviness to easily adapt. Adaptability and resilience.

Payment Services 211

Payment Services Fashion Department Stores Consumer 211

Inside Retail

NOVEMBER 17, 2024

During the past 10 years, Qiping Sun, VP of Asia Pacific at LS Retail, an Aptos company, has witnessed significant changes in the Asia-Pacific retail landscape: the rise of e-wallets, the adoption of Software as a Service, the embrace of contactless service and self-checkouts, to name a few.

Retail Trends 130

Retail Trends Payment Services Checkout Promotions 130

Inside Retail

DECEMBER 13, 2021

The future winners will be those who build a connected ecosystem of related services that customers can engage with through one seamless experience. Instead of bouncing from website to website, shoppers can manage multiple needs in one place, as retailers become their go-to destination for both products and ancillary services.

Payment Services 130

Payment Services Returns Customer Experience Consumer 130

VMS

AUGUST 11, 2021

grew for the 11 th consecutive month in July, according to Mastercard SpendingPulse , which measures in-store and online retail sales across all forms of payment. Return of the In-Store Shopper: Brick-and-mortar browsing is making its return, with in-stores sales making up 81.9% compared to July 2020.

Jewelry 72

Jewelry Merchant Services Payment Services Department Stores 72

Retail Gazette

AUGUST 8, 2023

John Lewis stores are set to embrace artificial intelligence as the partnership strikes a “bargain” £100m agreement with Google to reduce data storage expenses. Does the move suggest that Waitrose might advance beyond self-service checkouts to implement automatic item counting and payment, similar to Amazon Go stores?

Payment Services 98

Payment Services Department Stores Checkout Returns 98

Inside Retail

FEBRUARY 27, 2023

It matters not just to gauge demand levels but to understand customer mindsets and the operational responses required to remain competitive. The analysis also reveals a broader shift in spending from goods to services over the year. This has become more crucial as the economic cycle continues to shift. per cent lower for the month.

Merchant Services 130

Merchant Services Payment Services Specialty Retailers Accounting 130

Retail Gazette

FEBRUARY 13, 2025

Credit is emerging as a new route to growth for some of the UKs biggest retailers, with the likes of Frasers Group, Currys and John Lewis revamping their financial services offers last year. John Lewis relaunched its personal loans products and partnered with Klarna to offer customers more flexible payment options. The appeal is clear.

Payment Services 64

Payment Services Accounting Consumer Department Stores 64

Retail Gazette

OCTOBER 10, 2023

Selfridges narrowed its losses last year thanks to a rebound in sales returning to near pre-pandemic levels. The department store retailer posted an operating profit of £38.9m for the 12 months to January 2023, down from a £38.1m loss the year before, according to accounts filed on Companies House.

Department Stores 80

Department Stores Payment Services Accounting Returns 80

Inside Retail

OCTOBER 16, 2024

In Japan, the summers are usually fairly temperate, but when the country got a real doozy of a hot one this year, its malls became part of the government’s relief operation. Aeon Mall , Japan’s biggest mall operator, offered up its 92 properties as heat evacuation sites. Specialty store sales at Aeon’s 21 existing malls rose by 3.3

Specialty Store 130

Specialty Store Payment Services Promotions Department Stores 130

Inside Retail

MAY 22, 2023

It operates retail properties, mixed-use projects and office buildings. Although it operates primarily in Singapore, it also has a few projects in Germany and Australia, including Sydney’s Greenwood Plaza. It has 26 properties in all. Yet shopper traffic is up by much the same amount in both downtown and suburban malls (29.9

Sporting Goods 130

Sporting Goods Beauty and Health Payment Services Department Stores 130

VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. The 2021 total rate of returns (16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

Inside Retail

MARCH 21, 2024

With travel curtailed, home-bound, experience-starved consumers flocked to luxury shopping to lift their spirits and spend some of their discretionary funds accruing thanks to Covid-19 government assistance, stimulus checks, tax relief, suspended student debt payments and the pandemic-induced restrictions. What a difference a year makes.

Jewelry 228

Jewelry Fashion Consumer Payment Services 228

Mass Relators

MAY 6, 2021

retail sales had another month of double-digit growth in April, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Mastercard SpendingPulse reports on national retail sales across all payment types in select markets around the world. Department stores grew 9.6%

Merchant Services 59

Merchant Services Payment Services Department Stores Jewelry 59

Inside Retail

FEBRUARY 27, 2023

Secondly, having a strong e-commerce channel enables customers to find products online that they may have struggled to locate in-store. Awareness Online channels should be leveraged to promote broader awareness of their products and services to potential customers across multiple platforms.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Inside Retail

APRIL 8, 2024

Bailing doesn’t fix the hole Let’s look at the troubled department store sector. Increasingly popular features like ‘buy online, pick up in-store’ or ‘buy online, return to store’ no longer become factors in customers choosing a particular brand over the competition when a nearby store ceases to be an option.

Payment Services 130

Payment Services Department Stores Returns Fulfillment 130

Inside Retail

NOVEMBER 1, 2022

There do seem to be a few exceptions, such as processed meat, but these are unlikely to last much longer. per cent, food service up 6.5 To be sure, retail sales growth has been in double digits, but that is partly due to the price increases, partly due to coming off a low base in 2021, and partly due to the return of tourists.

Wholesale 130

Wholesale Payment Services Finance Consumer 130

Mass Relators

MARCH 9, 2022

The elevated level of inflation is reflected in the February retail sales increases; other key trends include: Return to office attire: Apparel (+37.6% pre-pandemic) and Department Store (+26.3% Mastercard SpendingPulse reports on national retail sales across all payment types in select markets around the world.

Merchant Services 52

Merchant Services Payment Services Department Stores Jewelry 52

Mass Relators

FEBRUARY 14, 2022

2022 kicked off with gains across nearly all retail sectors, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Beneficiaries included Department Stores, Apparel and Luxury, which all saw double-digit growth. . PURCHASE, N.Y. This January, U.S. YOY and 16.6%

Payment Services 52

Payment Services Department Stores Apparel Jewelry 52

Retail Gazette

SEPTEMBER 12, 2024

This time around the department store is using AI to help it match its prices to those at 25 retailers, including M&S, Next, Boots and AO.com. It also upgraded its partnership with Gail’s to launch in-house bakeries and acquired quality meal delivery service Dishpatch. “We expected it to be positive.

Payment Services 72

Payment Services Grocer Department Stores Beauty and Health 72

365 Retail

MAY 22, 2024

Adjusted operating profit was recorded at £504 million, reflecting the company’s successful cost management and efficiency initiatives. Machin stated, “Our commitment to delivering high-quality products and exceptional customer service has been instrumental in achieving these results.” billion, a 9.9%

Payment Services 64

Payment Services Planning Grocer Returns 64

Mass Relators

JUNE 14, 2022

.– This back-to-school season will be defined by the resilience and flexibility of the consumer, who in the face of rising prices is expected to keep spending in the months ahead, according to MasterCard SpendingPulse, a measure of retail sales across all forms of payment, not adjusted for inflation. YO3Y this season.

Payment Services 52

Payment Services Department Stores Apparel Consumer 52

365 Retail

AUGUST 16, 2022

Even more, by weaving digital payments, coupons and gamification into individual brand apps, the Group achieved a 10x lift in daily active users, resulting in a significant increase in revenue and engagement. By embedding the Netto+ service into the loyalty app, customers can scan their items on their phones as they shop.

Payment Services 59

Payment Services Department Stores Shopping Returns 59

Mass Relators

APRIL 18, 2022

Consumer spending patterns also continued to move closer to pre-pandemic trends as people spent more on services. According to the Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, total retail sales excluding auto rose 8.4% While in-store sales surged 11.2%

Payment Services 52

Payment Services Department Stores Consumer Apparel 52

VMS

NOVEMBER 22, 2022

This comes as one-third (33%) of BFCM shoppers are concerned about making upcoming payments, up from 26% in 2021. For example, the share of online and in-store sales for Black Friday is nearly the same at 16% and 17%, as a result of better price transparency. ” Consumers Add Good Deals to Their Holiday Wish Lists.

Merchant Services 52

Merchant Services Payment Services Promotions Planning 52

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. The process is helpful for wholesalers as they don’t have to find manufacturers. Let’s know about them.

Wholesale 40

Wholesale Merchant Services Fashion Payment Services 40

Inside Retail

FEBRUARY 17, 2025

Therein lies the challenge for retailers.For instance, what Aussie shoppers value online is: competitive pricing a wide variety of products fast and reliable delivery secure payment options good customer service Sounds a lot like a physical store offer, doesnt it? million households in the Dallas- Fort Worth area of Texas.

Payment Services 130

Payment Services Social Commerce Department Stores Consumer 130

Retail Geek

JANUARY 22, 2021

The year of returns – “happy returns” – a startup raises $100M+ in space. for year of returns). Mallageddon continues At least another 8k stores Yes 8721 stores +1. Installment Payments heat up – At least one company is acquired (Affirm, Afterpay, Klarna, QuadPay, Sizzle) Yes (IPO’s).

Drop-Shipping 73

Drop-Shipping Payment Services Merchant Services Returns 73

Cross Cap

FEBRUARY 1, 2018

A guest post by our friends from Pivotal Payments. According to a 2017 survey from BigCommerce, 51% think shopping online is best, while 49% prefer shopping in-store. CNBC recently reported that out-of-stocks , overstocks, and returns are costing retailers a whopping $1.75 Keep Shelves Stocked and Prices Up-To-Date.

Customer Experience 52

Customer Experience Payment Services Shipping Fulfillment 52

Indigo 9 Digital

MAY 2, 2022

By Tricia McKinnon and Ben Rudolph When speaking about when Apple first launched the Apple store Ron Johnson, Apple’s former SVP of retail said : “when we launched retail [at Apple], I got this group together, people from a variety of walks of life.” “As Nordstrom is betting on services to provide a great customer experience.

Customer Experience 52

Customer Experience Payment Services Loss Prevention Drop-Shipping 52

Retail Geek

JULY 30, 2021

Um so we’ll see if how that all plays out but I would say if I had one knock on the store. 6:00] Um Extended the the new visual merchandising approach to to the Staffing and store operations yet so maybe a work in progress. Scot: [41:53] Yes I’ve done this having operated. Scot: [17:23] Whoa really.

Visual Merchandising 105

Visual Merchandising Payment Services Advertising Merchant Services 105

Retail TouchPoints

OCTOBER 24, 2024

Marketers’ traditional funnel-shaped operating model has been completely upended by the evolving and expanding world of ecommerce. Here’s how Macy’s , Jacadi and Amazon are leveraging innovative cart, payment, checkout and post-purchase experiences to drive conversions and even repeat purchases.

Merchant Services 261

Merchant Services Payment Services Checkout Shipping 261