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Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Transform your B2B transactions with better payment technology.

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4 Tips for Staying Ahead of Retail Competitors

Retail TouchPoints

decrease from 2019 primarily driven by the decrease in single-site operators. To account for this rapidly evolving environment, savvy convenience retailers have focused on closing the gap between what consumers expect and what retailers can deliver. Focus on service. Contactless payment options are yet another big opportunity.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

Cyberattacks and network outages can disrupt operations and erode customer loyalty. This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations.

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Smart logistics are enabling Australian fashion labels to thrive abroad

Inside Retail

That sentiment is shared by Abi Bennett, COO at Starshipit: “Put simply, to really succeed in global shipping, it’s crucial to tune into your customers’ needs and sharpen your shipping strategies, investing in the right technology can automate a lot of shipping processes for you, ensuring everything runs smoothly.”

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The Real Price of a Data Breach in Retail

Retail TouchPoints

Businesses today operate in a fast-moving cyber threat landscape. As digital operations become more complex and cybercriminals launch increasingly sophisticated phishing and malware attacks, data breaches have become common occurrences. For retailers and consumer businesses, a surge in data breaches presents difficult challenges.

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From drab to trendy, 7-Eleven strives for relevance

Inside Retail

The exclusive licensee for 7-Eleven stores in Thailand is CP-All, a subsidiary of Charoen Pokphand Group that also owns the Makro wholesale and Lotus’s retail businesses. The coffee service has been steadily upgraded and now stands shoulder to shoulder in quality with retailers like Amazon Café. Drawbacks Customers do have some gripes.

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Leveraging Accounting to Boost Profits

Independent Retailer

Too often, independent retailers miss opportunities to increase their profits and streamline their operations because they are not taking a close enough look at accounting. . If it only operates in the B2B space, then QuickBooks is a great option. It can do this with the proper software, but each business is different.