Remove Payment Services Remove Point of Sale Remove Wholesale
article thumbnail

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. In light of this, it’s critical that businesses strengthen their defenses.

article thumbnail

B2B Marketplace Faire Accelerates the Digitization of an Underserved Market: Wholesale

Retail TouchPoints

But one area of commerce has stubbornly resisted this move toward digitization — wholesale. People basically just ignored the third leg of that triangle though, the wholesale leg.” For nearly two decades now online marketplaces have proliferated, beginning with Ebay and Amazon, followed by Walmart, Etsy and countless others.

Wholesale 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fast Track to a Frictionless Future

Retail TouchPoints

From contactless payment to fully automated checkout, innovations showed promise for streamlining and improving the customer experience. There’s no question there’s more public attention on frictionless innovation, but that doesn’t necessarily translate to a rapid, or wholesale, adoption of the technology. The Network’s Vital Role.

article thumbnail

Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital security. Cyberattacks and network outages can disrupt operations and erode customer loyalty. Conducting a third-party audit of cybersecurity protocols.

article thumbnail

Despite Recent Bad Press, Self-Checkout is Here to Stay. Here’s Why.

Retail TouchPoints

Yes, self-checkout machines, as they operate today, may offer more opportunities to accidentally, or intentionally, make off with extra products or pay less than what is owed. Advancements in payment tech also will eventually streamline the self-checkout experience for shoppers. “ You need to have some store processes in place as well.

Checkout 255
article thumbnail

Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked. Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in.

article thumbnail

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

Inside Retail

The country’s Wholesale Price Index is up more than three times the pace of the CPI, at 9.7 There do seem to be a few exceptions, such as processed meat, but these are unlikely to last much longer. per cent, food service up 6.5 In August (the latest reported month at the time of writing), non-auto retail sales were up 16.2

Wholesale 130