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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The Shopper’s Search for Buying Power Offering multiple financing options expands buying power and gives customers more motivation to buy. The study also suggests that as the spend amount goes up, it becomes even more important to the consumer that their preferred financing method is available.

Finance 289
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Social Commerce Revolution: How Payments Innovation Transformed the Digital Shopping Experience

Retail TouchPoints

Were in the early stages of what you might call the Great Shopping Migration: almost 60% of online customers recently polled confirmed that they were likely to use social media platforms to shop. As mentioned, though, these shops are making improvements in standard-setting with higher-caliber merchants operating on them.

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3 Hidden Traps for Retailers this Holiday Season

Retail TouchPoints

Have you started your holiday shopping yet? If your team hasn’t considered the following three challenges, though, now is the time – before they become profit pitfalls and everyone from FP&A (financial planning and analysis) to operations is caught flat-footed. Odds are you haven’t, since only 32% of U.S.

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Amazon, Target, Walmart Incentivize Early Holiday Shopping

Retail TouchPoints

Three of the country’s biggest retailers are taking significant steps to get consumers into the holiday shopping groove — and to do so (much) sooner than later. As we approach the holiday season, guests are excited to shop early,” said Christina Hennington, EVP and Chief Growth Officer at Target in a statement. Beginning Oct.

Shopping 325
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Kroger Sharpens Ecommerce Focus with New Business Unit

Retail TouchPoints

Cosset will continue to oversee technology and data along with supervising the new online shopping unit. As the architect of Krogers digital strategy, Yael will continue to make it easier for customers to shop for our fresh, affordable food. Kroger has been seeking to gain forward momentum in recent months.

Finance 179
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Alibaba Seeks to Enable Entrepreneurs with New Sourcing and Financing Tools

Retail TouchPoints

Same goes for the services Alibaba is building to stay competitive: financing solutions, fulfillment services, AI tools to make the process of using the platform easier, localized warehousing to speed up delivery. We want to make global sourcing as simple as shopping online. Sounds familiar, right?

Finance 264
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11 retailers that went bust in 2024 – from Homebase to The Body Shop

Retail Gazette

The Mike Ashley-controlled retail empire said the fashion business had “consistently missed its business plan targets and, notwithstanding support from the group, has continued to make material losses”. It then began discussions with several parties, including Apollo and shareholder Richemont, about securing new financing.

Shopping 124