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% over the five years through 2024-25, to $1.1

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Merchant Services Payment Services Consumer Point of Sale 130

Retail TouchPoints

OCTOBER 7, 2020

We went through a process of intense reopening over about eight weeks from mid-May to mid-July, which has since continued at a slower pace,” said Jordi Martin-Consuegra, EVP, Chief Administrative Officer and Deputy CEO at Hudson in an interview with Retail TouchPoints. The company is now operating approximately half of its locations.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

Retail TouchPoints

SEPTEMBER 13, 2024

One retailer has recently come under scrutiny for its automated payment technologies across storefronts, leading experts and consumers to question just how intelligent their smart stores are. And a grocer has dealt with mixed reviews from consumers, employers and the media since the 2019 launch of its fleet of robots that roam storefronts.

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Payment Services Checkout Inventory Management Kiosk 287

Retail TouchPoints

NOVEMBER 30, 2021

Sainsbury’s, one of the UK’s largest supermarket chains, had piloted a cashierless customer experience at this store using its own technology in 2019. It’s the first time we’ve enabled a business customer to use their own app to manage store entry, exit, receipts and payments for shoppers,” Kumar added.

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Checkout Payment Services Customer Experience Supermarket 297

Inside Retail

APRIL 29, 2023

The acceptance of cash has started to trend upwards again, but payment technology is helping businesses to deliver consistently better experiences, so what does the future hold? And how can businesses be ready for evolving payment technologies? Consumers, too, preferred to use contactless payments or to shop online.

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Merchant Services Payment Services Customer Experience Point of Sale 130

Inside Retail

NOVEMBER 22, 2023

The danger facing the retail sector is year-long and growing, as revealed in the just-released Trustwave Threat Intelligence Briefing: The 2023 Retail Services Sector Threat Landscape. trillion in 2022, marking a 209 per cent increase from 2019, according to Comscore. This effort does pay off.

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Payment Services Supply Chain Management Accounting Point of Sale 162

Retail TouchPoints

DECEMBER 20, 2023

Walmart and Affirm first partnered in 2019 to bring BNPL options to shoppers on its website and app. Demand for debt counseling services is already up significantly from last year, defying the typical seasonal slowdown during the holidays, Bruce McClary, a spokesman for the National Foundation for Credit Counseling, told Reuters.

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Checkout Kiosk Finance Apparel 305

Retail TouchPoints

AUGUST 14, 2020

since the 2019 State of Marketing report. “It There’s a massive shift to personalization localization: 85% of consumers say that they find operational updates and messages important, almost critical, during this time. AI Leading The Transformation. The use of AI by marketers globally has increased by 186%.

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Consumer Marketing Checkout Customer Experience 289

Retail TouchPoints

JULY 27, 2020

While customer loyalty remains a top priority for executives, less than half believe their current approach is effective, according to a Mastercard-sponsored Harvard Business Review Analytic Services (HBR-AS) report of more than 400 executives globally. Michelle Carter oversees Mastercard’s Data & Services Global Retail practice.

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Retail Trends Payment Services Checkout Sporting Goods 165

I Vend

MARCH 14, 2023

But this isn’t simply a return to 2019 – the post-pandemic shoppers of 2023 have higher expectations and demands. Retailers have to find a way to make the shopping experience more human, engaging and personalised and many are turning to the smart use of retail technology, specifically mobile point of sale, or mPOS.

Shopping 98

Shopping Point of Sale Payment Services Checkout 98

Retail TouchPoints

JULY 8, 2020

Appearing at Retail TouchPoints ’ Retail Innovation Conference in 2019 , CIO Todd Treonze said the company was implementing “buy anything, get it anywhere (BAGA)” fulfillment — a long-time aspiration for omnichannel retailers that has yet to be realized by most.

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Clienteling Fulfillment Apparel Location 191

Inside Retail

NOVEMBER 1, 2022

According to point-of-sale data collected by Nikkei from supermarkets and other food retailers for more than 200 products, food prices are rising faster than the official government CPI as wholesale increases for most products are passed quickly through to consumers. per cent, food service up 6.5 per cent year on year.

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Wholesale Payment Services Finance Consumer 130

Storis

FEBRUARY 26, 2019

Security is a focus of the utmost importance as it relates to payment methods and technology networks in today’s retail environment. The final pillar of the Boston Retail Partner 2019 POS/Customer Engagement Survey is Secure. Click here for complimentary access to the Boston Retail Partners 2019 POS/Customer Engagement Survey PDF.

Payment Services 52

Payment Services Customer Experience Point of Sale Planning 52

365 Retail

APRIL 27, 2023

It’s fair to say that self-service checkouts are not universally popular with shoppers. The biggest reason is the irritation we experience when the process doesn’t work smoothly, particularly from the ‘unknown items in the bagging area’ Many of us have felt this frustration at the grocery store.

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Checkout Payment Services Supermarket Point of Sale 52

Star Miconics

MARCH 22, 2023

What Changes Do You Anticipate the Payments Industry Will Bring to Channel Partners? In addition, blockchain and decentralization in the payments industry need to be watched closely. However, a Crypto wallet as a way of payment is still a long way. Point-of-sale (POS) hardware will not be affected in the short term.

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Payment Services Shipping Promotions Point of Sale 52

Storis

JANUARY 22, 2024

Retailers are also offering services within their spaces. Buy with Prime” enables Shopify merchants to use Amazon’s payment and fulfillment services. Retail and Technology Initiatives for 2024 The Momentum of Mobile POS Mobile Point of Sale is a top 3 technology initiative in STORIS’ 2024 survey.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52

Retail Geek

APRIL 8, 2022

ShopTalk held it’s first in-person show since 2019, May 27-30th in Las Vegas. If it’s off from from 2019 it’s only slightly like maybe they had 12,000 attendees in 2019 so, 10 felt like a big show they had a 650 exhibitors. The show made the move from the Venetian to the Mandalay Bay.

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Payment Services Merchant Services Consumer Fulfillment 59

Retail TouchPoints

APRIL 21, 2021

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% The wallets are expected to unseat credit cards as the preferred online payment method in the coming years, according to the FIS Global Payments Report 2021. share of ecommerce payments. share of ecommerce payments.

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Merchant Services Payment Services Checkout Accounting 299

Retail Geek

MARCH 11, 2022

It wouldn’t have felt any different than e-tail 2019 felt to me so I think people were like frankly pretty excited about getting back together. kind of like a ship station they acquired point of sale system. kind of like a ship station they acquired point of sale system.

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Drop-Shipping Shipping Fulfillment Merchant Services 52

Retail Geek

JULY 30, 2021

6:00] Um Extended the the new visual merchandising approach to to the Staffing and store operations yet so maybe a work in progress. They all have mobile point-of-sale all the sales associates have mobile point-of-sale systems but like. It just it doesn’t seem like they’ve. [6:00]

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Visual Merchandising Payment Services Advertising Merchant Services 105