Retail TouchPoints

DECEMBER 30, 2021

Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. The 2021 Javelin Identity Fraud Study includes findings on identity fraud scam approaches that criminals use on each generation: Baby Boomers. K eep bots out of your customers’ accounts and checkout.

Merchant Services 298

Merchant Services Accounting Payment Services Returns 298

Inside Retail

JULY 14, 2024

For example, after many retailers ran out of stock in 2020 and 2021, thanks to the circumstances caused by the pandemic, they over-corrected by placing larger-than-needed orders in 2022. “From an omnichannel standpoint, we often see retailers focused too heavily on sales and not enough on profitability.”

Shopping 130

Shopping Fulfillment Shipping Inventory Management 130

Small Biz Trends

JULY 1, 2022

Small businesses in California have been recently reminded of the July 27, 2022, deadline to apply for an SBA federal disaster loan for economic injury caused by the pipeline oil spill in Orange County that began October 2, 2021. The damage was likely caused by one or more ship anchors catching on the pipe and dragging it along the sea bed.

Telecommunications 98

Telecommunications Shipping Accounting ATS 98

Retail TouchPoints

MAY 2, 2022

The suit is based on Bolt’s promise to provide its AllPass subscription service, which would have worked across all of ABG’s retail brands to allow shoppers to receive free shipping and product discounts. In 2021, Bolt grew its number of accounts by 180% and number of transactions by 200%.

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Checkout Shipping Payment Services Accounting 278

Retail TouchPoints

MARCH 3, 2022

billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. That includes frictionless payments and checkout and fast shipping options. Account takeover fraud trends pose additional risks. Consider that in the U.S.,

Merchant Services 246

Merchant Services Drop-Shipping Payment Services Shipping 246

Inside Retail

MAY 8, 2024

The US enacted a law in 2021 to safeguard its market from products potentially tainted by human rights abuses in Xinjiang, where the US government says China is committing genocide against Uyghur Muslims. It said that it purchased goods within the US and from e-commerce brands that ship to the country.

Apparel 147

Apparel Shipping Accounting Consumer 147

Retail TouchPoints

OCTOBER 4, 2021

As the United Kingdom hastened to exit from the European Union, restricting access to the European single market that accounted for 50% of imported goods, supply chain disruption was inevitable for UK businesses dependent on EU suppliers. Import and Export — a Brexit Conundrum. Import and Export — a Brexit Conundrum.

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Shipping Supermarket Consumer Accounting 278

Retail TouchPoints

JULY 27, 2021

consumers’ tremendous enthusiasm to get back to in-person shopping and experiences, notably with a 44% increase in foot traffic to stores, restaurants and entertainment venues since the start of 2021, that doesn’t mean they are going to leave behind all the omni habits they adopted during the crisis. And despite U.S.

Shipping 312

Shipping Fulfillment Inventory Management Customer Experience 312

Retail TouchPoints

OCTOBER 28, 2021

Add this product surplus to heightened consumer concern about shipping times and product availability, and you have all the makings of a secondhand-heavy holiday season. Collectively, that would account for approximately $69.2 billion in spending on previously owned items in 2021, an increase of 24% from the $55.9

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Shipping Consumer Accounting Apparel 279

Inside Retail

MARCH 20, 2023

It] is regarded as one of the consistently top performing brands amongst our wholesale accounts,” Dahl-Thorup said. According to Dahl-Thorup, Bestseller has reduced emissions by over 80 per cent, with all energy consumption in Bestseller owned and operated buildings in Europe being driven by solar power from 2021.

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Wholesale Fashion Shipping Department Stores 236

Retail TouchPoints

DECEMBER 23, 2022

Discounting and perks like free shipping have been successful drivers of Black Friday and Cyber Monday campaigns; however, dropping prices is not a winning strategy that creates a path to profitability. Minimizing perks like free shipping and employing more efficient acquisition models will also fuel topline growth.

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Drop-Shipping Shipping Management Accounting 261

Inside Retail

DECEMBER 1, 2022

Research suggests that global online payment fraud merchants stand to lose $206 billion between 2021 and 2025 1 , and in 2021 overall card fraud increased by 5.7 Rush orders that need overnight or express shipping. Transfer of funds to a transaction account or money transfer agency. Be aware of refund fraud.

Merchant Services 147

Merchant Services Payment Services Accounting Finance 147

VMS

JULY 26, 2021

As of Friday, 33 ships were anchored off the coast of Los Angeles and Long Beach waiting to dock and unload their cargo. These two ports reportedly account for one-third of U.S. Half of the ships are classified as “mega-container” ships, which can carry up to 10,000 TEUs.

Visual Merchandising 104

Visual Merchandising Shipping Accounting Consumer 104

Retail TouchPoints

JULY 26, 2022

In fact, Salesforce has already predicted that the modest growth of the 2021 holiday shopping season could foreshadow this year , with Q1 data showing a 3% YoY decrease in global digital sales. and shoppers placed 12% fewer orders worldwide compared to the same period in 2021. Loyalty Shifts to Value.

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Drop-Shipping Fulfillment Consumer Shipping 306

Retail TouchPoints

AUGUST 25, 2022

Between inflation, increased marketing costs — especially paid ads — seasonal shipping costs surcharges and potential supply chain disruptions, finding every last opportunity to increase profits during the busiest time of the year is critical for brands. Focus on key automation. Subject lines up to seven words have the highest open rates.

Marketing 334

Marketing Shipping Promotions Accounting 334

Inside Retail

AUGUST 22, 2021

Country manager for the company’s Australia/New Zealand territory David Boyer said that the changing habits towards increased consumer e-commerce spending – which developed over the course of the pandemic – have remained relatively undisturbed in 2021.

Shopping 173

Shopping Shipping Merchant Services Consumer 173

Retail TouchPoints

NOVEMBER 25, 2020

Mejuri sells through multiple channels, including ecommerce, call center and physical store locations, processing orders for fulfillment across multiple locations and a variety of shipping methods. Mejuri uses the real-time tracking to swiftly, and fluidly, pivot strategies. “A

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Markdowns Fulfillment Shipping Marketing Spend 246

Retail TouchPoints

AUGUST 5, 2024

In 2021 the retailer opened its first store outside the Northeast and now operates 13 stores in Florida, and in 2022 The Paper Store opened its first Signature Store, featuring a 12,000-square-foot footprint — double its previous stores’ average size — and new ways for customers to shop.

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

NOVEMBER 4, 2021

31, 2021. “We’re toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. with BNPL orders in 2021 up 44% compared to 2019 and 3% over 2020, according to the Adobe Digital Economy Index. “In

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

MARCH 10, 2021

Amazon in particular invested more than $60 billion in shipping alone in 2020, helping it maintain blazing fast delivery times, but O’Shea believes its lack of a significant physical store footprint will cause it to lag behind the competition to some degree. “The Omnichannel and Store-Based Fulfillment Are Bigger Than Ever.

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Fulfillment Drop-Shipping Apparel Shipping 278

Retail TouchPoints

AUGUST 5, 2022

Online fraud cost digital commerce merchants $27 billion in 2021 , so it’s no surprise that retailers have redoubled their focus on eliminating these threats. As just one example, Chewy was a pandemic winner, but the company spent more than half a billion dollars marketing to consumers in 2021.

Merchant Services 288

Merchant Services Returns Shipping Payment Services 288

Retail TouchPoints

NOVEMBER 30, 2020

The 2020 ecommerce holiday shopping and shipping season is expected to eclipse years past. Brick-and-mortar sales — which will account for 81.2% Regardless, these communications will be crucial to whether holiday customers return throughout 2021. of total U.S. holiday retail — are expected to decline 4.7% Consumers Want Options.

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Drop-Shipping Shipping Consumer Planning 224

Retail TouchPoints

FEBRUARY 4, 2021

Amazon placed an order for 100,000 electric vans from Rivian in August 2020, and the first part of the fleet will begin making deliveries in 15 cities over the course of 2021, starting with Los Angeles. Electric Delivery Vans Launching in 15 Cities. Data Analysis Leads to More Efficient Packaging.

Shipping 186

Shipping Accounting Returns Planning 186

Cisco Retail

NOVEMBER 29, 2021

It was so amazing to return to London for the Black Hat Europe 2021 Network Operations Center (NOC). The first challenge we faced was configuring the iPads and iPhones with the contractor in Germany before they shipped to London. Again, wiping 70 devices ( Black Hat USA 2021 had 300 devices!) Mobile Device Setup, by Paul Fidler.

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Management Shipping Accounting Location 145

Retail TouchPoints

NOVEMBER 17, 2021

On the one hand, retail sales trended upward in August 2021 , with specific economic stimulus measures apparently to credit. We know, based on our State of the In-Store Experience 2021 Report , that there remains strong consumer demand for brick-and-mortar retail experiences. trillion in retail sales in 2021.

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Checkout Customer Experience Shopping Returns 334

Inside Retail

MARCH 17, 2022

The Digital Life Index 2021 survey highlights that when shopping online, Australians are more likely to buy from a brand that offers an easy-to-navigate interface on a website or mobile app (57 per cent), while 46 per cent show preference for an easy way to manage returns. . For the customer, this is convenient and saves time. Endless aisle.

Checkout 246

Checkout Drop-Shipping Payment Services Inventory Management 246

Inside Retail

APRIL 11, 2023

Based on the 2021 Census, millennials have passed baby boomers on an Australian population level. The rising cost of raw materials, shipping, warehousing and labour is putting enormous pressure on retailers, suppliers and increasingly price-conscious consumers. Make ship happen with Dropshipzone today.

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Wholesale Shipping Consumer Accounting 130

Retail TouchPoints

NOVEMBER 20, 2023

billion in 2021. External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

Retail TouchPoints

NOVEMBER 5, 2021

With port delays, extended delivery times and increased consumer demand, what can retailers do to salvage the 2021 holiday season? Over the last 20 years of holiday shipping, we’ve seen how the most successful online retailers prepare for a stellar holiday selling season. Can I do this for Holiday Season 2021? Absolutely!

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Marketing Advertising Consumer Shipping 306

Retail TouchPoints

FEBRUARY 16, 2022

The audience of people with disabilities is larger than most people think ,” said Geoff Freed, Director of Perkins Access Consulting during a session at the 2021 Retail Innovation Conference. “It Make sure the “Sign In” and “Create an Account” links are easily located and can be recognized by a screen reader for visually impaired users.

Shopping 317

Shopping Checkout Accounting Shipping 317

Inside Retail

JUNE 27, 2022

Between a global pandemic, a ship getting stuck in the Panama Canal , unprecedented spikes in demand leading to a global snafu of shipping containers, historically long queues of ships waiting to berth in ports around the world, war, and rising inflation; it almost beggars belief that all of this has occurred in just two short years.

Shipping 130

Shipping Consumer Shopping Accounting 130

Retail TouchPoints

DECEMBER 19, 2022

In 2021, face coverings and masks from stars like Kanye West saw a 154% average resell price increase from $82 to $208. By entering numerous emails and shipping addresses, the bots can get around traditional fraud detection systems. The moment the product becomes live or tickets go on sale, bots make mass purchases.

Merchant Services 162

Merchant Services Payment Services Drop-Shipping Shipping 162

Retail TouchPoints

FEBRUARY 4, 2021

Before the NotPetya attack rampaged through Europe in 2017, affecting companies including FedEx and shipping giant Maersk, few people would have thought a vulnerability in a piece of accounting software could create such devastation. Those trends are set to continue in 2021.

Payment Services 299

Payment Services Shipping Accounting Management 299

Retalon

APRIL 21, 2021

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs. That’s the billion dollar question.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retail TouchPoints

JUNE 18, 2024

“The second [group to likely lose share] is the marketplaces, where there was such a value on immediacy,” but with all the economic pressure on consumers there will be a greater willingness to trade off speed for free shipping and lower-priced items. We haven’t seen rising container costs since 2021.

Consumer 290

Consumer Shopping Shipping Marketing 290

Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. Another easy step: Drop account creation requirements and allow guest checkout.

Payment Services 304

Payment Services Checkout Drop-Shipping Customer Retention 304

Inside Retail

APRIL 22, 2021

According to the latest data from Australia Post, more than four in five households shopped online in early 2021 – an all-time high that’s been rising steadily since the global pandemic first sent people to online channels in record numbers. In the US, for example, eMarketer reports that D2C sales now account for 33% of Nike’s revenue. .

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Fulfillment Beauty and Health Advertising Accounting 299