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

MARCH 17, 2025

The Sweden-based company, which has operated in the U.S. since 2015 , handled $105 billion in gross merchandise value (GMV) and has 93 million active customers and 675,000 merchants using its services. In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. million U.S.

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Inside Retail

DECEMBER 25, 2022

ACCC chair Gina Cass-Gottlieb said: “We are pleased that RFG has agreed to make payments to certain impacted franchisees. We initially took this action because we were concerned with the alleged conduct and the impact on a number of small business operators. Michel’s marketing fund. Waiving historical debts.

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Inside Retail

DECEMBER 25, 2022

ACCC chair Gina Cass-Gottlieb said: “We are pleased that RFG has agreed to make payments to certain impacted franchisees. We initially took this action because we were concerned with the alleged conduct and the impact on a number of small business operators. Michel’s marketing fund. Waiving historical debts.

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Cisco Retail

MAY 5, 2022

Many organizations struggle to keep pace with this resource- and time-intensive process. They are looking for methods and tools to help launch them on their journey to cloud compliance and broaden their global market access. Payment Card Industry Data Security Standard (PCI-DSS v3.2.1). Today, the Cisco CCF V1.0

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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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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

MARCH 11, 2022

eBay also is making moves in the world of digital payments , with plans to launch its own digital wallet. This is the latest development in a nearly four-year transition away from former subsidiary PayPal toward an internally managed end-to-end payments system.

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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

DECEMBER 23, 2020

Called the “low value consignment stock relief,” the threshold was intended to reduce the administrative burden in customs compliance. The new rules broadly extend a 2015 VAT adjustment for certain sales of digital, telecommunications and broadcast services to include ecommerce goods.

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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

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. Visiting a website, choosing a product, reviewing a “shopping cart,” typing in credit card details, etc.

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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. 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

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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Inside Retail

APRIL 17, 2023

The former operators of a Sydney hairdressing salon have incurred more than $291,000 in penalties, as well as having received backpayment orders, for having underpaid a worker through an unlawful cashback scheme. compensation (plus interest) to rectify the underpayments and cashback payments.

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Inside Retail

AUGUST 12, 2024

The operator of bridal store George Elsissa is facing a fine of up to $33,300 for allegedly underpaying staff. The Fair Work Ombudsman (FWO) has commenced legal action against 10 Foster Street company, which operates the George Elsissa store in Sydney. They were engaged in administration, marketing, and design roles.

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Retail TouchPoints

APRIL 15, 2021

The funding will be used to expand the Signifyd Commerce Protection Platform and identity graph globally across digital shopping and payments. Last year we saw ecommerce sales and influence propelled into 2025, and yet the online checkout experience is stuck in 2015,” said Raj Ramanand, CEO of Signifyd in a statement.

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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 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. ” “Together, we have reimagined financial services and e-commerce and worked to improve the financial health of our customers.

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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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Retail Gazette

MAY 4, 2024

More than a dozen brands that form part of LVMH, including Tiffany & Co, Christian Dior and Bulgari, have issued lawsuits against the US payment giants in the High Court, according to The Telegraph. Since 2015, interchange fees have been capped at 0.2% for debit cards and 0.3% for credit cards.

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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. Expert shipping services for clients of all sizes. When your shipping needs are complex, we make things simple. What were the results?

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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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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. Blooms The Chemist names new COO. In the newly created role, Bishop will report directly to Emmanuel Vavoulas, the company’s CEO.

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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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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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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. The closure of their China operations likely stems from an inability to sustain further financial losses.” Alibaba provided the joint venture with technology infrastructure, marketing, payments, logistics, and other technology support.

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Inside Retail

OCTOBER 20, 2022

Brandbank owns and operates retail brands Seed Heritage, Kikki K, French Connection, Commonry, Fine Day and All Kinds. Halkett was formerly CEO at APG & Co – the parent of Sportscraft, Saba, and Jag – between 2015 and 2020 and at Kathmandu between 2006 and 2014. and oversees strategy and corporate development.

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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. The Future of Payment Automation. Streamlining a fragmented payments process will not just save sellers money, but also time and need for higher headcounts, as well.

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Small Biz Trends

MAY 18, 2021

This guide will take you through the process of selling on StockX, including how to set up an account and the benefits and drawbacks of selling on StockX. Once a product is sold, you’ll ship the product to StockX to complete an authentication process before it’s sent to the buyer. The Process of Selling on StockX.

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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

JULY 29, 2022

Platts explained that back in 2015, the UK Government introduced a new anti-slavery act for any business that had a turnover of more than £36 million, and Asos decided right away to make this a mission statement of theirs. The service is free and is available in multiple languages. The reality.

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Inside Retail

AUGUST 1, 2022

Platts explained that back in 2015, the UK Government introduced a new anti-slavery act for any business that had a turnover of more than £36 million, and Asos decided right away to make this a mission statement of theirs. The service is free and is available in multiple languages. The reality.

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Payment Services Supply Chain Management Beauty and Health Fashion 26

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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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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