Inside Retail

NOVEMBER 15, 2022

Delivery service provider Deliveroo has ceased trading in Australia, entering voluntary administration after about seven years of operation in the country. Deliveroo started its business in Australia in 2015 and was the longest-standing online food delivery platform in the country.

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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% Consumers are using BNPL to stretch purchase payments between paychecks.

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Retail TouchPoints

SEPTEMBER 6, 2024

The retailer, which has been in operation since 1994, filed for Chapter 11 bankruptcy protection on Aug. The company’s website will remain open and operational throughout the liquidation period. Vendor and supplier payments will continue as scheduled under the terms provided following the company’s August bankruptcy filing.

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Retail TouchPoints

APRIL 5, 2022

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. PayPal will need this edge as the world of digital payments heats up, with formidable competitors including Apple and Google snapping at its heels.

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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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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. AMP for email allows marketers to send surveys and collect data, too. Why AMP, and Who’s on Board?

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Retail TouchPoints

MARCH 11, 2022

We see incredibly compelling growth potential in this market and believe it is our opportunity to win by sharpening our focus and continuing to create value through a tech-led reimagination of eBay.”. eBay also is making moves in the world of digital payments , with plans to launch its own digital wallet.

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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 Focus

APRIL 3, 2023

Not only were dial-up connections painfully slow , but there was no secure way to make payments. The company went from a peer-to-peer banking disruptor to THE trusted name in online payments. New companies have sprung up in the fintech sector, hoping to carve out a chunk of the market for themselves, but the best-known name is PayPal.

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Retail TouchPoints

MARCH 2, 2021

Macy’s has announced a series of changes to its senior leadership team, including the elimination of the Chief Operations Officer role, as it moves forward with its “Polaris” omnichannel transformation strategy. Miller also has held leadership roles at global payments processing firm First Data Corporation, TD Ameritrade and The U.S.

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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 fact, global influencer marketing is expected to grow to $16.4

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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

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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. And they represent a market segment that retailers can’t ignore. strikes Gen Z as cumbersome, slow and old-fashioned.

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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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Inside Retail

JUNE 19, 2024

The online platform is expected to cease operations from March next year. Much like Farfetch, YNAP struggled to turn a profit in China, even during the Covid years when the luxury market was booming,” Jacques Roizen, MD at consultancy company Digital Luxury Group, told Inside Retail.

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Inside Retail

FEBRUARY 28, 2022

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. Merchgirls is a creative agency, focusing on creating merchandise that’s twice as nice for the broader market. What were the results?

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Inside Retail

MARCH 24, 2022

Blooms The Chemist has a new chief operating officer, Pamela Bishop. She will also oversee daily operations including retail, merchandising, pharmacy, people and culture. LSKD bolsters marketing department. Queensland-based activewear brand LSKD has hired Mike Doyle as its new head of marketing.

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Secure Retail

FEBRUARY 1, 2023

Secure Retail is a leading provider of Secure End to End Omnichannel Payment Solutions (eCommerce and Customer Present) along with hardware across all market sectors. The CE accreditations work hand in hand with our core values of compliance and security.

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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. How do you plan to leverage them?

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Inside Retail

AUGUST 1, 2022

The e-commerce market is worth more than $100 billion in Indonesia this year, and the e-commerce arms of two superapps – GoTo and Sea – are going head to head for No. million driver partners, who can be quickly toggled between ride-hailing and delivery services. 1 position in the hearts, minds, and wallets of Indonesia’s consumers.

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Wiser

SEPTEMBER 5, 2023

Discounts have been a traditional marketing tactic for as long as commerce itself has existed. On the other hand, free shipping has emerged as a potent marketing strategy in the era of eCommerce. On top of this, 47 percent said they would meet a minimum payment to qualify for free shipping.

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Retail Insider

OCTOBER 28, 2021

During Covid-19 availability of capital from the public markets has been fuelling growth in the hospitality sector. The ability to secure financing from private equity, sovereign wealth funds and other cash-rich sources has made the constantly scrutinised global stock markets rather unfashionable places.

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Retail Gazette

AUGUST 10, 2023

Wilko has formally collapsed into administration, appointing PwC to lead the process, as 12,000 jobs are put at risk. Its cash flow issues became evident last year when it deferred supplier payments and asked landlords to move to monthly rents. between 2017/18 and 2021/22. Meanwhile, the £35.9m

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Retail Gazette

JULY 14, 2024

Burberry said Schulman, who was the president of Bergdorf Goodman from 2015 to 2020, joins the business with a track record of driving transformative growth and value creation as CEO of global luxury, fashion, and retail businesses. In light of current trading, we have decided to suspend dividend payments in respect of FY25.

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Rangeme

SEPTEMBER 9, 2021

When working with Kickfurther, suppliers are not required to contribute marketing videos or special content. “At Relaxed payment obligations – After receiving funding from Kickfurther, payment obligations only begin once you achieve sales. Karl Kronenberger launched Poop Like a Champion in 2015 as an Internet-only brand.

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Inside Retail

SEPTEMBER 19, 2022

Its cash cow of discovering new products and services has served it well, but it has long looked at getting closer to the transaction in its platform – either by actually completing the transaction or building a social shop. It started with Facebook Shop, which was launched in 2015. There are some key differences though.

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Inside Retail

SEPTEMBER 6, 2022

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

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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. This is a step in the right direction toward the real, competitive market that Congress wanted to see but still leaves the fees too high.

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Small Biz Trends

MAY 18, 2021

As the resale market continues to grow, it is proving to be an excellent way to make money. Small businesses can use websites such as StockX for buying and selling, and start to capture some of the resale market. At its core, StockX is a resale market used for authentic sneakers (i.e., The Process of Selling on StockX.

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Inside Retail

JUNE 29, 2022

Supersized pandemic revenue growth is waning and losses are mounting, but Shopee is now the clear Southeast Asia market leader. 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. billion ($1.2

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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. They can be particularly useful if Hema wants to, say for example, update the price of seafood based on market rates. Digital payments including facial recognition. This service is even faster than Amazon’s.

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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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Retail Gazette

AUGUST 3, 2023

Falling behind the value competition Wilko has found itself in a hugely competitive marketplace with a throng of discount rivals such as B&M, Poundland and Home Bargains all growing rapidly and stealing its market share. loss in its last financial year, more than its operating profit from the previous four years.

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365 Retail

AUGUST 8, 2022

Our partnership with Bloktopia is our first big step to executing our vision of being the most innovative player in the market ” said Moses Rashid, founder of The Edit LDN. That has spawned big business in the resale market, with buyers snapping up in-demand products and selling them on at a profit.

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Retail Gazette

AUGUST 3, 2023

Falling behind the value competition Wilko has found itself in a hugely competitive marketplace with a throng of discount rivals such as B&M, Poundland and Home Bargains all growing rapidly and stealing its market share. loss in its last financial year, more than its operating profit from the previous four years.

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Indigo 9 Digital

APRIL 5, 2022

It launched in 2003 and provided an opportunity for China’s entrepreneurial class to reach China’s increasingly affluent consumer market. Alibaba created China’s most popular digital wallet in 2003 to resolve issues of trust in the payment process between buyers and sellers. Some of Alibaba’s other businesses include: Alipay.

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365 Retail

JULY 10, 2023

The Evolution of Amazon Prime Day In 2015, Prime Day made its debut on July 15 to commemorate Amazon’s 20th anniversary. As a result, they find themselves coming back to the big players – that offer myriad payment solutions and services – for convenience and reliability.

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