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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

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Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

Since spinning off from eBay and going public for a second time in 2015, PayPal has expanded its reach well beyond that one digital marketplace to more than 30 million merchants worldwide. When we have partnerships with these merchants they’re trusted brands, so consumers can feel good about shopping with those brands.”.

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Alibaba fined US$2.75bn for anti-monopoly violations by Chinese regulators

Inside Retail

The State Administration for Market Regulation (SAMR) said that after an investigation launched in December, it had determined that Alibaba Group had been “abusing market dominance” since 2015 by preventing its merchants from using other online e-commerce platforms.

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How Merchgirls supercharged business growth by 300% during the pandemic

Inside Retail

Established in 2015 by Hannah Chipkin and Pippa Joseph, Merchgirls quickly became the go-to merch solution for companies that wanted something different to the traditional merchandise offering. Expert shipping services for clients of all sizes. When your shipping needs are complex, we make things simple.

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Zilingo on the brink as loan recalled, financial advisor appointed

Inside Retail

Backed by investors including Sequoia Capital India and Singapore state investor Temasek, the seven-year-old Zilingo announced in April a probe into what it described as “matters”, and which sources have said refers to the company’s accounts. It provides logistics, financing and other services to factories and merchants.

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The Profitability Challenge: Why SKU-Level Visibility Matters

Retail TouchPoints

My days as a merchant are long over, yet I remain a retailer at heart. It was a challenge in 2015, and it’s hard to believe this puzzle hasn’t been solved yet by some combination of tech, process and operating model advances. More than a third (35%) of SKUs drive zero incremental profitability. How should they be allocated?

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Vasos extolled for accomplishments

Mass Relators

where he led the operations teams and later served as a merchant. He then served as Dollar General’s chief operating officer from 2013 until being named CEO in June 2015. It was a paradigm shift in 2015, but today it’s integrated into our culture,” Vasos shared. “We In 2001, Vasos joined Longs Drug Stores Corp.