Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall also had missed the previous payment deadline for the same reason in August 2022. The concept was developer by Triple Five Group and is billed as the “first-ever modest clothing department store” (i.e.

Payment Services 276

Payment Services Department Stores Checkout Finance 276

Retail TouchPoints

NOVEMBER 4, 2020

According to McKinsey , ecommerce sales in apparel, department stores and beauty products have increased by nearly 10%, on average, since the onset of the pandemic. Because of this ease, merchants have begun relying on POS financing to drive sales growth. In 2019 , the total market share of online U.S.

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Inside Retail

MAY 24, 2023

Many retailers have become accustomed to using Buy Now Pay Later (BNPL) services to capture customer spend, with the option being particularly popular among younger Australians who are bearing the brunt of cost of living pressures. Younger Australians are especially at-risk, as they have embraced the service en-masse.

Payment Services 147

Payment Services Consumer Accounting Department Stores 147

Retail TouchPoints

NOVEMBER 21, 2024

election results, the strong ongoing appeal of buy now, pay later (BNPL) services, and why he believes AI will one day be as unremarkable and commonly used as the internet is now. RTP: How will consumers be financing their holiday spending? Meitiner: First, overperform in terms of customer service.

Consumer 278

Consumer Payment Services Department Stores Finance 278

Retail Gazette

JANUARY 2, 2024

Selfridges’ Thai co-owner Central Group is seeking to take greater control of the department store and could snap up fellow shareholder Signa’s stake following its collapse. Selfridges’ owners separated its retail operations and property holdings into two separate companies — an “opco” and a “propco”.

Department Stores 116

Department Stores Payment Services Finance Accounting 116

Retail Gazette

OCTOBER 15, 2024

John Lewis has brought back personal loans for its customers as it looks to widen its financial services offer. The department store chain has partnered with digital bank Zopa to provide customers access to between £1,000 and £35,000 in less than two hours on its website.

Payment Services 103

Payment Services Department Stores Planning Finance 103

Retail Gazette

NOVEMBER 5, 2024

Klarna head of western and southern Europe Raji Behal added: “John Lewis, a beloved British institution, is renowned for its quality, wide selection, and exceptional service. “We’re We couldn’t be more thrilled to support John Lewis as they continue to grow and welcome a new generation of customers.”

Payment Services 119

Payment Services Finance Fashion Management 119