Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall also had missed the previous payment deadline for the same reason in August 2022. 14 for one floor of a planned two-floor space. The American Dream mall and entertainment complex failed to make a Feb.

Payment Services 230

Payment Services Department Stores Checkout Finance 230

Inside Retail

MARCH 5, 2024

Our buy-back service, where we buy back and resell preloved Ikea items, along with the as-is market and free spare parts offer, are just some of the ways we’re enabling customers to be part of the shift to a circular economy while also saving money. This Plan and Order Point will also have a Pick Up Point for customers onsite.

Planning 130

Planning Shopping Home Furnishings Payment Services 130

Inside Retail

JANUARY 30, 2023

Every consumer wants to shop on their terms. For retailers, meeting demand for an ever-expanding range of payments and digital services no longer has to be costly or complex. To keep pace, online retailers continue to add new services to their e-commerce offerings.

Merchant Services 147

Merchant Services Payment Services Management Marketing 147

Retail TouchPoints

JUNE 7, 2021

“For years social media platforms were strictly for information and entertainment,” said Marc Mezzacca, founder of CouponFollow and lead researcher of a recent report on social shopping behaviors in an interview with Retail TouchPoints. Facebook and Instagram Lead the Way in Social Conversion.

Payment Services 220

Payment Services Social Commerce Consumer Advertising 220

Inside Retail

APRIL 29, 2023

The acceptance of cash has started to trend upwards again, but payment technology is helping businesses to deliver consistently better experiences, so what does the future hold? And how can businesses be ready for evolving payment technologies? Consumers, too, preferred to use contactless payments or to shop online.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Retail TouchPoints

DECEMBER 11, 2023

Now, just two months later, TikTok has entered a strategic partnership with Indonesian ecommerce firm PT GoTo Gojek Tokopedia (GoTo) that gives TikTok a controlling stake in one of the biggest shopping platforms int the country, Tokopedia. GoTo will own the remaining 24.9% The transaction is expected to close in the first quarter of 2024.

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Payment Services Merchant Services Promotions Shopping 231

Retail TouchPoints

FEBRUARY 6, 2023

Instead of preemptively cutting back, many are planning to spend more this year. That’s right, retailers are planning to “invest their way through the recession,” according to new benchmark research from digital transformation company Mercaux conducted by CensusWide. This trend is even more pronounced among CEOs in the U.S.

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Planning Payment Services Checkout Fulfillment 250

Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.

Shopping 262

Shopping Payment Services Social Commerce Checkout 262

Retail TouchPoints

SEPTEMBER 20, 2023

including Amazon , Target and Macy’s , have announced their plans for holiday hiring, but all told this season may see one of lowest levels of seasonal hiring since 2008 , according to report by Challenger, Gray & Christmas shared with Reuters. In conjunction with its holiday hiring plans, Amazon also announced that it is investing $1.3

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Retail TouchPoints

APRIL 3, 2023

billion on pet food and treats, supplies, medicine, vet care and other services in 2022, and are predicted to spend $143.6 Myos Fetch is a full-service SMS “concierge” for all things related to the brand and its focused, yet growing, product line. More than 66% of U.S. million or so homes spent $136.8 billion in 2023.

Payment Services 211

Payment Services Accounting Planning Consumer 211

Retail TouchPoints

FEBRUARY 21, 2024

That translates into gift shops and cafeteria spaces that are often sterile environments featuring the same mediocre-quality products and pre-packaged foods. and Penn Medicine’s Hospital in Philadelphia, with plans for further expansion in 2024 and beyond. “We Marie Kloor and her firm, Hydra Health , are focused on changing that. “Our

Beauty and Health 220

Beauty and Health Shopping Payment Services Boutique 220

Inside Retail

DECEMBER 14, 2022

Datalogic’s newest model scanner the Joya Touch 22 opens up a world of opportunity for retailers by dramatically improving the shopping experience of their customers and freeing up staff from checkout duties. A major benefit for shoppers is that they don’t need to hold the device to scan items as they move through the store.

Payment Services 130

Payment Services Shopping Checkout Promotions 130

Retail TouchPoints

SEPTEMBER 29, 2022

Both Instacart and Target ’s Shipt will expand their payment options for low-income shoppers in moves that coincide with the White House’s effort to end hunger in the country and increase healthy eating initiatives by 2030. TANF will cover non-grocery items and service and delivery fees, which are not covered by SNAP EBT benefits.

Payment Services 173

Payment Services Planning Shopping ATS 173

Retail TouchPoints

JANUARY 25, 2024

Because of this, it’s nearly impossible to reverse-engineer one key from the other, or for hackers to guess or intercept, because the keys are randomly generated and never shared during the sign-in process. Improved User Experience Research indicates that consumers may abandon their carts if there’s friction throughout the buying process.

Payment Services 245

Payment Services Shopping Accounting Checkout 245

Retail TouchPoints

JULY 30, 2020

Responding to an escalating demand for contactless payment options, CVS Pharmacy will offer PayPal and Venmo QR code technology, enabling customers to check out touch-free in all 8,200 stand-alone CVS Pharmacy locations in the U.S. The program is scheduled to roll out nationwide in Q4.

Payment Services 225

Payment Services Location Planning Point of Sale 225

Retail TouchPoints

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% BNPL are essentially layaway plans in reverse.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

365 Retail

MAY 15, 2024

In the dynamic realm of retail, the fusion of technology with traditional shopping practices is not merely enhancing consumer experiences—it’s fundamentally transforming the industry. This section explores the various aspects of how IT contributes to improving checkout operations in retail.

Payment Services 52

Payment Services Checkout Customer Experience Management 52

Retail TouchPoints

DECEMBER 18, 2020

A family institution since its founding in 1954, Harry Rosen has always been lauded for its highly personal service and needed a way to empower customer advisors as all 17 of its stores faced closures during the pandemic. Originally a multi-year plan, the project turned into a six-month sprint supported by Bold Commerce.

Payment Services 312

Payment Services Checkout Customer Experience Planning 312

Retail TouchPoints

OCTOBER 15, 2020

Even before the pandemic completely upended the world economy, how consumers shopped had been changing — and mobile devices were at the forefront of that change. Mobile devices have become powerful payment instruments, on the way to replacing traditional cards for in-store purchases in many markets around the globe.

Payment Services 131

Payment Services Planning Accounting Loss Prevention 131

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

365 Retail

MAY 30, 2024

Foot Locker has launched its new shopping experience at the Westfield 4 Temps store in Paris, marking the debut of this concept in Europe. Foot Locker’s new concept redefines the shopping experience, offering a unique environment and customer service. continues to advance its Lace Up Plan, introduced in March 2023.

Payment Services 64

Payment Services Location Planning Shopping 64

Retail TouchPoints

APRIL 7, 2023

Hackers heavily target financial and payment data in breaches. This causes friction in business decisions since consumers prefer omnichannel shopping options , but ecommerce increases cybersecurity risks. This includes new types of insurance plans and preventive tools like AI and threat monitoring.

Planning 230

Planning Payment Services Accounting Consumer 230

Retail TouchPoints

NOVEMBER 18, 2020

Shopify has partnered with Alipay for a program that will let Shopify retailers seamlessly accept payments through Alipay from more than 1 billion active users in China — with plans to add hundreds of million more users across Asia. The Alipay payment gateway for China is already available to Shopify merchants in the U.S.,

Merchant Services 153

Merchant Services Payment Services Consumer Planning 153

Retail TouchPoints

NOVEMBER 3, 2021

Buzek forecasts very strong growth for these solutions during the next two years, with self-checkout rising 178% , contactless payment climbing 190% and payment via consumers’ mobile devices increasing 300%. Retail ‘winners’ were already doing this at much higher levels than others, even before COVID,” said Buzek.

Payment Services 336

Payment Services Checkout Fulfillment Kiosk 336

Retail TouchPoints

OCTOBER 7, 2021

The retailer will engage with shoppers through weekly live shopping events, roll out a new mobile app and add new omnichannel features. All this is taking place even as an activist investor pushes for the retailer to spin off its online operations, claiming this would increase the retailer’s overall valuation.

Shopping 244

Shopping Payment Services Accessories Apparel 244

Inside Retail

JULY 9, 2022

Alternative Payment Methods (APMs) are gaining popularity with customers. In Europe, 80 per cent of consumers expect to have the option to pay with a payment method other than cards. In the Middle East (MENA), digital wallets are expected to soon be the preferred mode of payment. Draw on local knowledge.

Payment Services 130

Payment Services Checkout Consumer Marketing 130

365 Retail

MAY 1, 2024

Like a brick-and-mortar store, your virtual shop needs constant care and maintenance to run smoothly. Besides providing worry-free operations, ecommerce support services are paramount to forming great customer service—a crucial aspect that could make or break your digital venture.

Merchant Services 52

Merchant Services Payment Services Technical Support Inventory Management 52

Retail TouchPoints

MARCH 5, 2024

[Update from 3/6/2024] Over the next decade, Target plans to build more than 300 new stores and upgrade the vast majority of its brick-and-mortar fleet, with projects ranging from full remodels to adding Ulta Beauty locations, upgrading fixtures and supporting same-day services.

Planning 130

Planning Beauty and Health Payment Services Checkout 130

Retail TouchPoints

APRIL 5, 2022

Mobile technology is transforming payments, making it easier, safer and more affordable for people to move and manage their money than ever before,” said Dan Schulman, President and CEO of PayPal at the time of the spinoff. Source: CivicScience.

Merchant Services 348

Merchant Services Payment Services Checkout Consumer 348

Global Shop

MAY 9, 2024

It’s a process of independent companies working together and sharing resources and capabilities to achieve goals they can’t achieve on their own. Transactional collaborations generally aim for short-term operational goals driven by immediate business needs. Manufacturing collaboration is external. New opportunities. Better quality.

Payment Services 52

Payment Services Planning Promotions Marketing 52

Inside Retail

FEBRUARY 20, 2024

This year, leveraging artificial intelligence (AI) for personalised recommendations, targeted marketing, and tailored shopping experiences is a game-changer. Enhance payment and checkout experiences The e-commerce journey’s final stages – the payment and checkout processes – are critical moments that can make or break a sale.

Merchant Services 246

Merchant Services Payment Services Checkout Target Market 246

Retail TouchPoints

NOVEMBER 27, 2023

Digital revolving credit is an ecommerce financing option that allows users to instantly open a revolving line of credit in the shopping cart that can be used and reused repeatedly over a lifetime. This is in comparison to BNPL’s payment option, which finances individual purchases with separate fixed-term installment loans.

Finance 239

Finance Payment Services Accounting Consumer 239

Retail TouchPoints

SEPTEMBER 24, 2020

While Party City operated approximately 275 temporary Halloween locations last year, it plans only about 25 this year. In addition to online shopping, Party City offers contactless shopping experiences at its stores through curbside pickup, same-day delivery and contactless mobile payments.

Planning 262

Planning Payment Services Location Shopping 262

Inside Retail

JANUARY 29, 2024

This surge – notably in e-commerce, travel, and financial services – presents greater revenue opportunities but also calls for strategic caution. Eliminate unnecessary banking fees Retailers should pay attention to the costs associated with cross-border transactions and conventional banking fees for currency conversions and payments.

Payment Services 130

Payment Services Customer Experience Accounting Planning 130

Retail TouchPoints

MARCH 23, 2022

Demonstrating a high level of confidence in its “off-price and on-trend” Backstage concept, Macy’s will add 37 of the shop-in-shops across the country this spring. At that time Macy’s said it was aiming for a total of 270 Backstage shop-in-shops, and with these new expansion plans the retailer will have exceeded that goal.

Shopping 196

Shopping Payment Services Apparel Fashion 196

Inside Retail

JULY 26, 2021

These customer experiences can either infuse others with a desire for the same shopping euphoria or cause would-be customers to distance themselves from your brand. The secret lies in having a deep understanding of your customer journey, informed by a combination of real-time customer feedback and operational data.

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Customer Experience Planning Payment Services Kiosk 246

Retail TouchPoints

MAY 20, 2021

Klarna’s “Pay in 4” option of four interest-free payments is already available online at Aéropostale , Nine West , Nautica and Brooks Brothers, with plans to roll out across the ABG and SPARC portfolios in the coming months.

Payment Services 225

Payment Services Consumer Planning Shopping 225