Retail TouchPoints

MAY 22, 2023

This California-based retailer serves Hispanic communities with a large but carefully curated product selection and a surprisingly wide range of services — wide enough that the company is at least as much a bank as it is a retailer. We don’t want to be just a store that sells stuff that everyone else sells ,” said Nerubay. “We’re

Payment Services 280

Payment Services Department Stores Shipping Accounting 280

Inside Retail

AUGUST 15, 2023

An investigation by the Shop, Distributive and Allied Employees Association (SDA) found that Harris Scarfe did not correctly compensate several employees who were working more than 38 hours a week. Back payments range from $4 to $42,144 while average underpayment is about $7,600.

Payment Services 243

Payment Services Shopping Department Stores ATS 243

Retail TouchPoints

MARCH 13, 2024

The trend of a cautious yet resilient consumer has continued into the early stages of 2024, with high-ticket luxury and department store industries underperforming sectors that sell necessities — online retail, discount/club, automotive and grocery. Full-service restaurants are trailing their limited-service peers.

Payment Services 236

Payment Services Consumer Customer Retention Marketing 236

Inside Retail

MAY 24, 2023

Many retailers have become accustomed to using Buy Now Pay Later (BNPL) services to capture customer spend, with the option being particularly popular among younger Australians who are bearing the brunt of cost of living pressures. Younger Australians are especially at-risk, as they have embraced the service en-masse.

Payment Services 147

Payment Services Consumer Accounting Department Stores 147

Retail TouchPoints

JANUARY 20, 2022

The first Amazon Style store is set to open later this year at The Americana at Brand shopping mall in Los Angeles. “We We obsessed over designing a shopping experience focused on helping customers find great looks, and it led us to create Amazon Style,” said a company blog announcing the new store format.

Payment Services 219

Payment Services Apparel Inventory Management Department Stores 219

Inside Retail

JUNE 22, 2021

Starts at 60, the online news and community hub aimed at seniors, has just launched an e-commerce platform as it looks to become the go-to destination for the growing number of baby boomers shopping online. Older online shopping ‘boom’. But that changed last year.

Payment Services 236

Payment Services Department Stores Shopping Consumer 236

Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. 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.

Merchant Services 314

Merchant Services Payment Services Accounting Jewelry 314

Retail TouchPoints

OCTOBER 6, 2022

Among its multiple impacts, COVID-19 accelerated an elongation of the holiday shopping season that was already underway. Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that).

Merchant Services 242

Merchant Services Payment Services Promotions Location 242

Retail TouchPoints

OCTOBER 11, 2022

Next stop — your favorite department store to pick out an outfit for a work trip later in the week. The store is quite busy, so you flag down a salesperson and they help you check out from a mobile point-of-sale (POS) system. Shopping for Effective Device Management and Security.

Payment Services 250

Payment Services Checkout Point of Sale Management 250

Inside Retail

JULY 13, 2023

Consumers believe that sellers, distributors, and e-commerce stores share responsibility for ensuring product authenticity, with a desire for more ways to verify authenticity and reliable customer service. Our goal is to create a seamless shopping experience based on the foundations of great value, convenience, and trust,” he stressed.

Consumer 130

Consumer Payment Services Fulfillment Department Stores 130

Retail Gazette

OCTOBER 10, 2023

The department store retailer posted an operating profit of £38.9m Selfridges said it was hit by rising costs across its distribution and interest payments, with its interest expense on lease liabilities reaching almost £100m last year. for the 12 months to January 2023, down from a £38.1m

Department Stores 78

Department Stores Payment Services Accounting Returns 78

365 Retail

DECEMBER 19, 2022

The world of shopping has been completely transformed by the internet, and more recently, by social media. Long gone are the days when an arduous day of dragging your partner around the high street department stores was the only way to find and purchase new products. Use protected payment methods.

Payment Services 52

Payment Services Shopping Department Stores 52

Retail TouchPoints

APRIL 6, 2022

Mall operator Unibail-Rodamco-Westfield SE (URW) is reportedly looking to divest most of its U.S. URW acquired Westfield in 2018 in a deal that included major shopping centers such as the Westfield World Trade Center in Manhattan, Century City in Los Angeles and the Garden State Plaza in New Jersey. URW valued its U.S.

Payment Services 255

Payment Services Department Stores Advertising Planning 255

Inside Retail

JULY 25, 2022

Australian discount department store Harris Scarfe is moving “full-steam ahead” with its strategic growth plans, despite rising inflation and growing concerns about an economic recession. “We’re It can’t open full-line stores in homemaker centres because they aren’t zoned for apparel retail. Investing in digital.

Payment Services 130

Payment Services Apparel Location Department Stores 130

365 Retail

AUGUST 5, 2021

Harvey Nichols has announced the launch of an innovative new luxury resale service in partnership with Reflaunt. Harvey Nichols’ prestigious shopping experience is now further elevated with a hassle-free way to give a second life to past purchases that benefits both the planet and customer’s pockets. .

Payment Services 78

Payment Services Drop-Shipping Fashion Accessories 78

Inside Retail

DECEMBER 13, 2021

Evolve to create a one-stop shop for customers. The future winners will be those who build a connected ecosystem of related services that customers can engage with through one seamless experience. The shift to online shopping over the last 18 months shows no signs of slowing. But physical stores aren’t going away.

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. At a national level, back-to-school shopping is well underway, impacting a number of sectors as anticipated in our forecast. compared to July 2020.

Jewelry 72

Jewelry Merchant Services Payment Services Department Stores 72

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. per cent year-on-year. million, up 14.4 per cent from a year ago. per cent jump in February.

Sporting Goods 130

Sporting Goods Beauty and Health Payment Services Department Stores 130

Inside Retail

APRIL 29, 2021

Amazon.com has posted its fourth straight quarter of record profits, thanks to the global shift to online shopping during the Covid-19 pandemic. . The two-day online shopping event occurred in October last year due to uncertainty around the pandemic. “In billion on sales of US$108.5 billion on sales of US$108.5 billion in 2019. “As

Payment Services 246

Payment Services Department Stores Checkout Supermarket 246

A1 Retail

NOVEMBER 2, 2021

New data from Klarna reveals over one fifth (21%) of Baby Boomers have already started holiday shopping. This comes as over a quarter (28%) of Brits are planning to start shopping earlier this year. Despite the shift towards online shopping, Baby Boomers enjoy browsing for the perfect gift in real life.

Shopping 75

Shopping Payment Services Department Stores Planning 75

Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. Secondly, having a strong e-commerce channel enables customers to find products online that they may have struggled to locate in-store.

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. Not only have the various attempts at transformation failed to gain any real traction, but also their lackluster efforts (particularly in the case of Macy’s and JCPenney) have forced them to close hundreds of stores and engage in significant cost-cutting.

Payment Services 130

Payment Services Department Stores Returns Fulfillment 130

Inside Retail

SEPTEMBER 13, 2022

Government subsidies such as the JobKeeper payment scheme and rent relief regulations for retail and commercial tenants has kept some Australian retailers afloat and provided support to retain staff. Additionally, the wage increases established by the Fair Work Commission as of July 1 are affecting retailer operations and costs.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

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. “I You have to think on your feet,” Hershman said.

Payment Services 211

Payment Services Fashion Department Stores Returns 211

A1 Retail

SEPTEMBER 20, 2021

The pandemic accelerated the shift to online, as more people relied on online grocery shops, eCommerce, and online services than ever before. With lockdowns forcing many shops to shut their doors and trade exclusively online, retailers were forced to get creative with how they engaged and communicated with consumers.

Payment Services 66

Payment Services Fast Fashion Social Commerce Department Stores 66

Inside Retail

APRIL 13, 2021

We can attribute this to restrictions on in-store shopping due to lockdowns, as well as to new demographics of consumers making purchases online (people aged 55 and over or people in rural or remote areas who would usually shop in-person, for example). per cent) and department store sales (-68.3

Payment Services 130

Payment Services Department Stores Consumer Fulfillment 130

Retail Gazette

MAY 19, 2024

Shoppers on its website were met with a message that read “you can’t shop with us right now”. A M&S spokesperson said: “A third party service provider experienced a technical issue which temporarily affected access to our website and app.”

Payment Services 57

Payment Services Shopping Department Stores ATS 57

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.

Jewelry 228

Jewelry Fashion Consumer Payment Services 228

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 Grocer Planning Returns 64

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

Inside Retail

DECEMBER 7, 2021

As a window into future spending patterns across the economy and the only model of its kind globally, it can help retailers plan their operational strategies with greater confidence. This was partly offset by softness in: packaged alcohol, window coverings, nursery & garden supplies, arts & crafts and antique stores.

Payment Services 130

Payment Services Inventory Management Accounting Consumer 130

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

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

Indigo 9 Digital

MARCH 30, 2022

New Retail is an initiative aimed at connecting online and offline retail and digitizing stores to provide a better customer experience. While online shopping definitely accelerated in 2020, saying physical retail is more or less obsolete is not true,” said Nishtha Mehta, a China-based corporate innovation coach. “In Fast shipping.

Payment Services 52

Payment Services Fulfillment Department Stores Supermarket 52

VMS

NOVEMBER 22, 2022

19-28, the report surveyed 1,200 adults, ages 18 and over, who plan to shop for holiday gifts. Shopping during the BFCM period is on the rise and at par with pre-pandemic levels: 80% of consumers plan to shop during the five-day holiday period, up from 71% in 2021 and compared to 79% in 2019. Conducted online Oct.

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

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. Alarmists have heralded the death of retail, as online shopping continues to dominate and technology continues to revolutionize the way we shop.

Customer Experience 52

Customer Experience Payment Services Shipping Kiosk 52