Remove Department Stores Remove Payment Services Remove Returns Remove Store Operations
article thumbnail

Report: Westfield Parent Aims to Sell its U.S. Mall Properties by Late 2023

Retail TouchPoints

Mall operator Unibail-Rodamco-Westfield SE (URW) is reportedly looking to divest most of its U.S. Retailers closed a record 12,200 stores in 2020, with an outsize share coming from malls and one-third of the total from department stores specifically, according to data from CoStar Group. URW valued its U.S.

article thumbnail

It’s not e-commerce anymore – it’s just commerce

Inside Retail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Brick-and-Mortar Stores Can Enhance Customer Experience to Compete Against Online Retailers

Cross Cap

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.

article thumbnail

Organized Retail Crime is on the Rise, but AI Can Stop This Troublesome Trend

Retail TouchPoints

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.

article thumbnail

Jason & Scot Show Episode 271 – Amazon Q2 2021 Recap

Retail Geek

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.