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Reports: PayPal in Talks to Acquire Pinterest for $45 Billion

Retail TouchPoints

The payments provider has worked to stay at the cutting edge of relevant trends, including the buy now, pay later (BNPL) services that are currently experiencing massive growth and are expected to surge during the holidays. Adding social media capabilities could further enhance PayPal’s offerings for retailers. “We

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Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

To accomplish this, operational models need to be adapted quickly. Predicting what’s to come isn’t easy, but having a robust network infrastructure in place would allow retailers to deploy new services rapidly when they’re ready to add them — regardless of where stores are located, or how long they’ve been established.

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How customer loyalty helped Myer bounce back

Inside Retail

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. Loyalty is king. This will ensure we’re getting products to our customers in the quickest and most effective way,” King said.

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Carousell co-founder talks LuxLexicon acquisition and future of re-commerce

Inside Retail

Founded by Florence Low in 2016, LuxLexicon will maintain its autonomy within Carousell Group, with Low continuing to spearhead operations under its established brand. For the ‘Certified Luxury’ program, data science modelling is used to better understand market demand and trends to guide pricing and purchasing decisions of bags. “We

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JD.com’s discounts and Apple’s price cut Lunar New Year retail strategies

Inside Retail

As the Lunar New Year approaches, retailers around the globe are eagerly gearing up to embrace the festive spirit and capitalise on the significant market opportunities that this joyous occasion brings. One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70.

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. ATO attacks cost retailers millions of dollars each year. Because of this, it’s shockingly expensive to process all of this fake traffic.

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Scaling Up Sales in Enterprises: Weighing Discounts Against Free Shipping

Wiser

When it comes to online retail, pricing strategies can make or break a business’s success. The psychological allure of getting a product for less than its original price is undeniably effective, enticing customers to purchase more.

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