Remove Checkout Remove Payment Services Remove Retailing Pricing
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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. ATO attacks cost retailers millions of dollars each year. Now retailers are rethinking their cybersecurity defenses for websites, mobile apps and APIs.

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Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

To accomplish this, operational models need to be adapted quickly. Predicting what’s to come isn’t easy, but having a robust network infrastructure in place would allow retailers to deploy new services rapidly when they’re ready to add them — regardless of where stores are located, or how long they’ve been established.

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You Can’t Spell Retail Without AI

Retail TouchPoints

When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required.

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Carousell co-founder talks LuxLexicon acquisition and future of re-commerce

Inside Retail

Founded by Florence Low in 2016, LuxLexicon will maintain its autonomy within Carousell Group, with Low continuing to spearhead operations under its established brand. For the ‘Certified Luxury’ program, data science modelling is used to better understand market demand and trends to guide pricing and purchasing decisions of bags. “We

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What’s old is new again: The rise of rental

Inside Retail

That was my least favourite of all the options, as the assembly process was a nightmare and the quality always made me feel like I was in a temporary home. IR: Tell me about the furniture design process and your partners, like West Elm. How does the production and design process work?

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A cost-of-living crisis is brewing in Asia. Here’s what it means for retail

Inside Retail

At first, it seemed like Asia might get off lightly – most governments and professional economic forecasters in the region said so – but cost of living pressures are rising across the continent, with food, energy, rent and labour costs now all key drivers of retail price inflation. Transportation prices are up 20.2

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These Were the Top Retail Stories of 2022

VMS

In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. The palm images, after being entered in a kiosk at the 65 locations, link shoppers’ palms to payment cards. In September, still struggling to find the key to survival, the retailer announced more than $500 million in new financing.