Retail TouchPoints

SEPTEMBER 9, 2024

Same goes for the services Alibaba is building to stay competitive: financing solutions, fulfillment services, AI tools to make the process of using the platform easier, localized warehousing to speed up delivery. In operation since 1999, Alibaba.com currently serves approximately 8 million SMEs in the U.S

Finance 264

Finance Merchant Services Payment Services Fulfillment 264

Retail TouchPoints

MAY 16, 2024

Providing healthcare services — such as Botox, hair removal, skin contouring and even facelifts — in a sleek spa environment means many who first come in for a one-time facial or massage ultimately may opt for more expensive healthcare services. Bespoke statement designs and calls to action also promote faster payments.

Payment Services 262

Payment Services Promotions Consumer Finance 262

Retail TouchPoints

SEPTEMBER 18, 2023

Dharmesh Mehta, VP of Worldwide Selling Partner Services at Amazon , is celebrating his 10th anniversary with the company this year, and so he kicked off the fourth annual Amazon Accelerate conference for sellers by comparing the differences between the ecommerce platform today and 10 years ago.

Payment Services 321

Payment Services Shipping Fulfillment Finance 321

Retail TouchPoints

MAY 2, 2023

A car is one of the biggest purchases most consumers make, but the process of buying one, especially used, has long been one of consumers’ most dreaded retail experiences. From the moment it debuted in 1993, CarMax set out to change that with a focus on honest sales interactions and simplified processes.

Payment Services 278

Payment Services Finance Consumer Shopping 278

Retail Focus

SEPTEMBER 5, 2024

From the use of chatbots to direct customers to the correct department while shopping on their mobile device or computer, through to sophisticated inventory management that helps retailers operate easier, the potential for AI in retail is far-reaching.

Payment Services 163

Payment Services Checkout Inventory Management Store Layout 163

Retail TouchPoints

APRIL 6, 2023

The newest generation of artificial intelligence (AI) would seem to be tailor-made for the behind-the-scenes operational complexity of today’s retail organization — and in many ways it is. Everything Comes Back to the Data As promising as AI can be in retail operations, it also carries risks. said Thota.

Payment Services 262

Payment Services Supply Chain Management Supermarket Accounting 262

Retail TouchPoints

AUGUST 18, 2022

Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service. BNPL fulfills a need that previously wasn’t being met,” said Sharp. In fact, 50% of U.S

Merchant Services 278

Merchant Services Payment Services Consumer Point of Sale 278

Small Biz Trends

JULY 21, 2022

Purchase orders are piled-up, and there is a shortage of money to buy goods from suppliers to fulfill orders. If it does, then purchase order financing or PO financing is just the solution to quickly get the much-needed money to fulfill those orders. What Is Purchase Order Financing? Does it sound relatable?

Finance 111

Finance Fulfillment Payment Services Accounting 111

Retail TouchPoints

NOVEMBER 4, 2021

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S.,

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

OCTOBER 18, 2023

For retailers with overseas customers, the returns process can be more complex, with potentially more loopholes for returns fraud. By examining shared IP addresses, shipping addresses and payment methods, retailers can uncover hidden associations that might indicate organized fraud rings.

Returns 277

Returns Payment Services Shipping Accounting 277

Retail TouchPoints

MARCH 29, 2022

Sessions illustrate the increasingly complex nature of the customer experience, and how the lines between commerce, marketing, service, and even supply chain and fulfillment, continue to blur. COVID-19 forced retailers to make major operational shifts at record speed, but these quick changes were made easier for Patagonia and 5.11

Payment Services 245

Payment Services Merchant Services Consumer Customer Experience 245

Retail TouchPoints

OCTOBER 9, 2020

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

Home Furnishings 264

Home Furnishings Payment Services Promotions Accounting 264

Cisco Retail

FEBRUARY 18, 2022

As retailers worked to manage all their discrete channels, the term “omni-channel” evolved to become synonymous with retailers who operated both online, E-commerce and other channels. Consumers demanded the ability to purchase online and return in-store, and retailers responded by putting processes in place that offered those options.

Payment Services 143

Payment Services Fulfillment Returns Customer Retention 143

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

365 Retail

JULY 26, 2021

Supply chain operators are walking a tightrope in order to keep recovery on track. By contrast, the number of supplier invoices processed during the same period grew by just 2%, well below the rate seen in previous quarters. Total order volumes rose 35% in Q2 compared to the previous quarter.

Payment Services 111

Payment Services Finance Fulfillment ATS 111

I Vend

APRIL 2, 2025

If youre an ambitious mid-sized retailer, youre probably aware of retail management software, and understand that it can be a powerful tool to help you automate and streamline your operations. You know that its more than simply a point of sale, and that it offers a comprehensive platform for managing the entire retail operation.

Management 52

Management Payment Services Inventory Management Point of Sale 52

Retail Minded

MARCH 19, 2024

Opening a restaurant necessitates securing funding, a process that can overwhelm even the most ambitious restaurateurs. However, the financing process doesn’t have to obstruct your culinary vision. As a result, they often have expedited application processes and rapid funding turnarounds.

Finance 52

Finance Payment Services Planning Fulfillment 52

Inside Retail

OCTOBER 19, 2021

Online shoppers want variety – and they want it for everything, including their payment options. Offering more payment methods has been shown to increase conversion rates on fashion websites, but many retailers are wary of accepting alternative payment methods as they come with new vulnerabilities and fraud challenges.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

JUNE 7, 2023

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. Gen Z wants curation of services, retail stores and food and beverage experiences, since they often spend more on dining than shopping,” said Cegielski. “If

Discount Store 289

Discount Store Shopping ATS Payment Services 289

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

Inside Retail

APRIL 10, 2022

Luxury streetwear label Off-White is the latest fashion brand to offer its customers payment with cryptocurrencies at its three flagship stores in Paris, Milan and London. Transactions are managed through a sophisticated digital payment system by Berlin-based technology company Lunu.

Payment Services 162

Payment Services Point of Sale Finance Accessories 162

365 Retail

JUNE 5, 2024

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. To get started, hiring Kenyatta Computer Services or others should be at the top of your to-do list. Contactless payments and mobile checkout solutions eliminate this pain point.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Rangeme

OCTOBER 8, 2024

Then reality sets in, and you ask yourself: “How am I going to fulfill this order?” With CPG brands under immense pressure, cash flow is continuing to be a major blocker for scaling revenue growth, and sometimes it’s difficult to find how to fulfill these orders. So what are your options? What’s next?

Finance 52

Finance Payment Services Customer Retention Fulfillment 52

Retail TouchPoints

OCTOBER 9, 2020

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

Home Furnishings 162

Home Furnishings Payment Services Promotions Accounting 162

365 Retail

JULY 5, 2022

The Very Group, operator of multicategory digital retailers Very and Littlewoods, has appointed former president and CEO of Walmart Japan Lionel Desclée as group CEO. Before joining Walmart, Lionel spent three years as president and CEO of Tom & Co, which operates over 160 pet care stores in Belgium, Luxembourg and France.

Payment Services 122

Payment Services Supermarket Finance Fulfillment 122

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. This means users don’t have to buy web hosting or install software anywhere.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

Rangeme

APRIL 22, 2024

Meanwhile, the right financing strategy can provide the resources needed to grow and thrive. There are many options to finance your production runs but not every one of them is the right option for every business. This can help to reduce the monthly strain typically associated with other shorter term financing options.

Payment Services 78

Payment Services Finance Promotions Marketing 78

Retail TouchPoints

JANUARY 15, 2021

A low conversion rate means you probably need to go back to your product and cart pages and adjust the copy, user experience, pricing or finance options so people feel more compelled to click “buy.”. Total costs (marketing, packaging, shipping, fulfillment, storage, etc.) / # of orders = cost per order. are factored in.

Payment Services 165

Payment Services Promotions Shipping Planning 165

RETAIL MANAGEMENT SOFTWARE

AUGUST 5, 2024

Behind the scenes, efficient inventory management, order fulfillment, and customer relationship management are crucial for a thriving business. Logistics & Warehouse Management : Order Fulfillment : Efficiently process and fulfill orders, ensuring timely delivery and customer satisfaction.

Payment Services 52

Payment Services Inventory Management Inventory Turnover Fulfillment 52

Retail TouchPoints

APRIL 5, 2021

However, that still leaves a significant portion of customers unwilling to dwell in a physical location, so retailers need to determine the right balance between online and in-store services as they plan their future strategies. I think people will be fine having someone else fulfill the order and picking it up outside.”.

Returns 214

Returns Apparel Jewelry Payment Services 214

365 Retail

MAY 7, 2021

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. If services involve remote assistance, e-tailers should evaluate the software they are putting into use. Payment Modes: Today, consumers use multiple payment modes for online shopping.

Merchant Services 96

Merchant Services Payment Services Returns Shopping 96

Storis

SEPTEMBER 20, 2024

When operating an eCommerce website, a common challenge for retailers is shopping cart abandonment. Streamline the Checkout Process Simplifying the checkout process is crucial to reducing friction and keeping customers focused on completing their purchases. Financing is also an important driver of eCommerce sales.

Payment Services 52

Payment Services Checkout Shopping Shipping 52

Inside Retail

FEBRUARY 27, 2023

Awareness Online channels should be leveraged to promote broader awareness of their products and services to potential customers across multiple platforms. Customer service This is often a buyer’s primary point of contact with a brand. The ability to execute on the basic sales and fulfilment transaction itself is also important.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Inside Retail

AUGUST 30, 2022

Savvy businesses are seeking to re-establish new baselines now that the dust has settled, from financial performance and stock turnover to operating rhythms. This is where putting the customer in control of how they purchase can help, including a range of new financing and payment options for the customer to choose from.

Merchant Services 26

Merchant Services Payment Services Target Market Accounting 26

I Love Fashion

JULY 7, 2024

However, the ratio depends a lot on the industry, such as cruise and ferry services , which went through 98%, groceries, which went through 50.03%, and more. Lack of multiple payment options. Complex checkout process. For example, you add a table lamp to your cart without completing the purchase process.

Payment Services 52

Payment Services Shopping Checkout Inventory Management 52

365 Retail

DECEMBER 8, 2023

Determining an Initial Budget When creating your initial budget, be realistic about the required upfront costs—many expenses like inventory, web hosting, and payment processing scale with sales volume. Aim to have 6-12 months of operating costs on hand to allow time to refine your offering.

Planning 52

Planning Payment Services Drop-Shipping Finance 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. Selling to Unsold Guests Mobile POS is critical to facilitating personalized follow-up to unsold guests. Take Amazon and Shopify.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52