Retail TouchPoints

APRIL 27, 2021

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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Retail TouchPoints

SEPTEMBER 6, 2022

They want shopping to be fast and fun — less of a process. That’s why Synchrony partnered with payments startup Skipify, which enables purchases instantly across email, text, social and other channels. But an online presence is necessary, as consumers typically research and review before purchasing.

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Retail TouchPoints

OCTOBER 26, 2023

The company was acquired by PayPal a little over two years ago as part of PayPal’s ambition to expand beyond payments and become a “ digital commerce enablement engine.” As competition in the digital payments sector has increases, PayPal’s stock is trading at near its lowest levels since it was spun off from Ebay in 2015.

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Inside Retail

FEBRUARY 17, 2025

The themes on display are often indicative of the global trends affecting consumers and retail. In the past year or so, KPMG has published global research papers that add further insights to the big trends affecting retail models and consumer behaviour. Statista has reported that the global value of social commerce will grow from US$1.3

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Retail TouchPoints

JUNE 24, 2024

16, 2015 and Nov. The lawsuit, filed in 2017, alleged that Founder and then-CEO Kevin Plank knowingly or recklessly misrepresented facts regarding consumer demand for Under Armour’s products as well as the company’s financial and operating results, according to the Wall Street Journal. billion revolving credit facility.

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Retail TouchPoints

DECEMBER 23, 2020

In 2021, businesses in the United States will face new VAT rules for selling to final consumers in Europe. Called the “low value consignment stock relief,” the threshold was intended to reduce the administrative burden in customs compliance. Thankfully, the EU decided to push the compliance deadline from Jan.

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Retail TouchPoints

JANUARY 20, 2022

Amazon Style will actually be the company’s seventh physical retail format, which all began with Amazon Books way back in 2015. Amazon said associates will also be key in providing customer service, managing back-of-house operations and helping customers check out. There will be humans working the store too.

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Inside Retail

SEPTEMBER 11, 2021

Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. Missfresh was the first to invent the distributed mini warehouse (DMW) business model in China in 2015, before any other player in the on-demand DMW industry. Missfresh generated RMB 6.1 billion revenue ($943.7

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Retail TouchPoints

MARCH 15, 2022

Originally developed by Google in 2015, accelerated mobile pages (AMP) is open source technology designed specifically to boost how fast pages load on smartphones and tablets. Finally, email marketers can conduct abandoned cart campaigns or increase sales with email shopping carts and payment options. Why AMP, and Who’s on Board?

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Inside Retail

JUNE 13, 2023

We speak with Yoox Net-a-Porter’s APAC general manager Natalie Lee about the resilience of luxury spending amidst an economic downturn, the importance of localisation, personalisation and incredible customer service, and how the company is using technology to improve the way it operates.

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A1 Retail

NOVEMBER 18, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 Business owners are starting to feel more optimistic about their own performance, with almost three in 10 (29 per cent) expecting their most successful festive period since 2015. Year-on-year payments volumes are also showing strong growth – up 21.9

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Merchant Services Payment Services Consumer Shopping 75

Wiser

SEPTEMBER 5, 2023

This highlights the impact of online discounts on the purchase timeline, potentially accelerating the conversion process and facilitating the rapid turnover of inventory. Excessive or frequent discounting might lead to a devaluation of your products or services, as customers might start to question the quality.

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Inside Retail

JUNE 19, 2024

The online platform is expected to cease operations from March next year. The closure of their China operations likely stems from an inability to sustain further financial losses.” Under the joint venture, YNAP and Alibaba launched two mobile apps for YNAP’s Net-A-Porter and Mr Porter multi-brand online stores for consumers in China.

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Inside Retail

OCTOBER 12, 2021

Danielle Atkins and Alexander Babich started Australian bikini label Kulani Kinis as a side hustle in 2015. While a competitive market, Kulani Kinis has proven popular with customers by prioritising customer service, fast international shipping and high quality products, the latter being a major bugbear with consumers in this category.

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365 Retail

MARCH 14, 2025

Despite banking industry figures showing that only 12% of payments are made with cash (assuming they can accurately track that is another matter), 1.5 This shift is attributed to various factors including the rise in digital banking solutions, changes in customer behaviour, and strategic cost-cutting measures.

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Inside Retail

AUGUST 1, 2022

1 position in the hearts, minds, and wallets of Indonesia’s consumers. Although both superapps boast a number of digital services, the main business lines are e-commerce, on-demand services (primarily ride-hailing and food delivery) and fintech (financial services, consisting mainly of e-payment systems).

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Independent Retailer

APRIL 19, 2022

billion worth of products were sold globally during the two-day event in 2021, a staggering 1,144 percent increase on its inception in 2015. Small and medium sized businesses voraciously competing for market share also saw a 100 percent year-on-year sales increase, feeding the demand of bargain-hunting consumers. An unprecedented $11.2

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Retail Gazette

AUGUST 21, 2024

In stark contrast to the majority of its rivals, Aldi scrapped the last of its online operations as it folded its click-and-collect service last weekend. However, some have argued that the discounters’ lack of online focus, which is more costly to service than in-store shopping, is not a bad thing.

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Small Biz Trends

JULY 26, 2022

And social media marketing has become an indispensable tool for leveraging products and services. Essentially an influencer produces compelling content that influences potential buyers of a product or service by promoting or recommending the items on social media. In today’s world, social media has become the new social proof.

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Inside Retail

JUNE 29, 2022

Shopee opened for business as a consumer-to-consumer (C2C) marketplace in the first quarter of 2015 and evolved into a hybrid B2C/C2C business model that by late 2019 was growing fast. The company also has an excellent opportunity to push sales through its growing fintech operations. billion ($1.2 billion to $5.1

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Inside Retail

SEPTEMBER 6, 2022

They grew quickly, relatively unchallenged by local operators. It reached another deal with local bank Techcombank to add not only ATMs but actual bank service counters where store footprints were large enough to accommodate them. The company’s VinCommerce unit – into which South Korea’s SK Group invested nearly US$1.5

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Indigo 9 Digital

AUGUST 2, 2022

Three years earlier in 2015, eCommerce giant Alibaba opened its first Hema supermarket in China. Speaking about Hema stores, Alibaba Group President Michael Evans said: “consumers don’t think about the world online versus offline.” Digital payments including facial recognition. This service is even faster than Amazon’s.

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Rangeme

SEPTEMBER 9, 2021

When it comes to growing your consumer packaged goods brand quickly, raising cash to create product inventory for retail buyers to place purchase orders is a must. Relaxed payment obligations – After receiving funding from Kickfurther, payment obligations only begin once you achieve sales. Look no further— Kickfurther is here!

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A1 Retail

NOVEMBER 29, 2021

Barclaycard Payments’ data shows quarterly SME transactions have risen by 38.1 Business owners are starting to feel more optimistic about their own performance, with almost three in 10 (29 per cent) expecting their most successful festive period since 2015. Year-on-year payments volumes are also showing strong growth – up 21.9

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Merchant Services Payment Services Consumer Shopping 40

Retail Gazette

AUGUST 3, 2023

loss in its last financial year, more than its operating profit from the previous four years. ” Since 2015, B&M, Home Bargains and The Range – which have all been in store expansion mode – have all overtaken Wilko for non-food market share. . between its 2017/18 and 2021/22. It also made a £35.9m

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Retail Gazette

AUGUST 3, 2023

loss in its last financial year, more than its operating profit from the previous four years. ” Since 2015, B&M, Home Bargains and The Range – which have all been in store expansion mode – have all overtaken Wilko for non-food market share. . between 2017/18 and 2021/22. It also made a £35.9m

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365 Retail

AUGUST 8, 2022

Moses launched the business in January 2020, and has scaled the company to new heights with a 525% growth from Y1 to Y2 & on track to deliver another 500% growth in Y3, making The Edit LDN the UK’s no1 sneaker destination for servicing a global audience. A number of designer labels have followed suit.

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Payment Services Advertising Fashion Marketing 72

Wiser

SEPTEMBER 15, 2020

From changing customer habits and the rise of direct-to-consumer to COVID-19 upending every reasonable expectation the retail industry had for 2020, successful brands and retailers have to be creative to stay ahead of the game. People who owned a Google Home system would be able to integrate that system with Target’s payment card, REDcard.

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Payment Services Home Furnishings Consumer Returns 78

Rain Pros

JULY 27, 2022

An eCommerce website allows customers to buy and sell physical goods, services, and digital products over the internet rather than in or in addition to a brick-and-mortar location. An eCommerce website might be able to process orders, accept payments, manage shipping and logistics, and provide customer service.

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Payment Services Consumer Accounting Marketing 52

Mass Relators

OCTOBER 25, 2023

WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough. Merchants and the consumers who ultimately pay these fees have been overcharged for far too long, so we need to get this right.” cents as of 2019.

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Merchant Services Payment Services Consumer Marketing 52

Indigo 9 Digital

APRIL 5, 2022

It is a consumer-to-consumer platform where small businesses and individuals sell items to consumers. It launched in 2003 and provided an opportunity for China’s entrepreneurial class to reach China’s increasingly affluent consumer market. Alibaba opened its own chain of grocery stores called Hema in 2015.

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365 Retail

JULY 10, 2023

However, before we plunge into this shopping frenzy, let’s take a moment to reflect on the history of this commercial spectacle, its profound influence on consumer behaviour, and Amazon’s evolution. The Evolution of Amazon Prime Day In 2015, Prime Day made its debut on July 15 to commemorate Amazon’s 20th anniversary.

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Merchant Services Payment Services Consumer Shopping 56

Cross Cap

FEBRUARY 1, 2018

A guest post by our friends from Pivotal Payments. Instead, concentrating efforts on creating a memorable in-store experience will foster consumer loyalty and keep shoppers coming back. Here are four tactics to elevate the consumer experience inside the shop: Leverage Omni-Channel Fulfillment Methods.

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Indigo 9 Digital

MARCH 30, 2022

Digital payments including facial recognition. Alipay, founded by Alibaba, is an online payment app that has more than 1 billon active users. As part of Alibaba’s push into offline retail, in 2015 it invested $4.6 and Alibaba has facilitated shorter delivery times, to as little as one hour, for Sun Art customers.

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Payment Services Fulfillment Department Stores Supermarket 52

Rain Pros

JANUARY 15, 2023

Overhead Costs are Low Operating an online business means you don’t have to absorb inflated overhead costs common among brick-and-mortar stores. Expenses such as storefront real estate, physical signage, customer service associates, and insurance policies, won’t eat away at your profit margins and drive up prices for your customers.

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Payment Services Target Market Shipping Returns 52

Small Biz Trends

JULY 19, 2021

These restricted items include but are not limited to certain firearms and parts, goods or services that promote self-harm, COVID-19 products that flout the rule for the sale of COVID-19 related products, etc. The North American consumer electronics industry is expected to grow at a CAGR of 6.5% Belly support band. Body pillow.

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Retail Geek

FEBRUARY 19, 2021

No problem imagining that Jeff Bezos is like you know the first person in the conference room for the project Santos meetings to figure out what Amazon’s response to Shopify is and I think, him as executive chairman not embroiled in day-to-day operations actually.

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Merchant Services Payment Services Fulfillment Home Furnishings 60