Retail TouchPoints

MAY 9, 2023

Recent AI advancements have the power to reshape the way the industry operates. Retailers embracing Generative AI can stay ahead of the curve and compete in this ever-changing competitive landscape — enabling them to lead with a customer-first approach while operating with more efficiency. Providing 24/7 customer service.

Payment Services 272

Payment Services Inventory Management Marketing Checkout 272

Retail TouchPoints

JANUARY 6, 2023

Additionally, one-third of consumer respondents are concerned about making upcoming payments. Consumers are a little more cautious,” said Steve Rogers, Managing Director at Deloitte in an interview with Retail TouchPoints. “ Without a savings buffer, shoppers will be searching for more ways to cut back their spending.

Payment Services 336

Payment Services Promotions Consumer Inventory Management 336

Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. Self-service scanner apps are the simplest and most widely adopted method.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

365 Retail

JULY 2, 2023

By implementing strategic measures, these companies can streamline their operations, optimise resources, and reduce unnecessary expenses. From embracing technology advancements to optimising vehicle usage, these strategies can help taxi companies enhance their profitability while maintaining high-quality service.

Payment Services 52

Payment Services Inventory Management Promotions Management 52

Retail Next

SEPTEMBER 10, 2019

You don’t want to get a bad reputation among fellow business owners as someone who is always late on payments. If you aren’t good with finances or are simply strapped for time, hire a bookkeeper to track your finances. Shop Around to Lower Credit Card Service Fees.

Finance 59

Finance Payment Services Loss Prevention Accounting 59

365 Retail

MAY 7, 2021

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. If services involve remote assistance, e-tailers should evaluate the software they are putting into use. Payment Modes: Today, consumers use multiple payment modes for online shopping.

Merchant Services 96

Merchant Services Payment Services Returns Inventory Management 96

Inside Retail

MAY 5, 2024

In essence, acting ‘glocal’ acknowledges the importance of building a strong global presence while simultaneously tailoring products, services, and marketing strategies that best resonate with the unique preferences and cultural nuances of local markets. Process standardisation Any expansion initiative is going to require scalable systems.

Payment Services 147

Payment Services Inventory Management Finance Customer Experience 147

Retail TouchPoints

AUGUST 4, 2023

This, combined with workforce shortages, has caused airports to move more toward automation, with self-service check-in kiosks, baggage drops and mini stores. The growing exposure of travelers to self-service options has led to consumers preferring them as they are much more convenient than previous models.

Payment Services 236

Payment Services Kiosk Marketing Shrinkage 236

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. This means users don’t have to buy web hosting or install software anywhere.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

Retail Geek

NOVEMBER 29, 2023

3:26] And of particular note, and I know we’ll talk about this more, they’ve seen a significant uptick in use of Buy Now, Pay Later services, and they’ve seen deeper discounting than we saw last year. So they’re stretching out payments.

Merchant Services 69

Merchant Services Payment Services Consumer Shopping 69

Small Biz Trends

JUNE 14, 2022

Managing finances is no walk in the park for the majority of small business owners. Many of these tools are available for free, which is useful for business owners operating on a shoestring budget. Its completely free plan offers businesses several features and flexibility to manage bookkeeping efficiently. The best part?

Accounting 98

Accounting Payment Services Finance Management 98

Retalon

JUNE 18, 2019

Financing promotions can change a customer’s mental math. Rather than focus on the total cost of that new dining set, your customer considers their ability to make the monthly payment. Co-planning meetings can only get you so far if, like many retailers, you plan promotions and inventory on separate systems.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Retalon

JUNE 18, 2019

Financing promotions can change a customer’s mental math. Rather than focus on the total cost of that new dining set, your customer considers their ability to make the monthly payment. Co-planning meetings can only get you so far if, like many retailers, you plan promotions and inventory on separate systems.

Promotions 32

Promotions Markdowns Inventory Management Payment Services 32