Founded in Chicago in 1892, Sears, Roebuck & Company began business as a mail order catalog company. It began opening stores in the US in 1925 with its first store in Evansville, Indiana and was the largest-selling US retailer until Walmart surpassed it in 1989. ...
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E-commerce
E-commerce
Adobe is forecasting a record $124 billion in US online sales during the 2018 holiday sales season. Based on Adobe Analytics data, Adobe says online sales will increase by 14.8%, totaling $124.1 billion, while offline retail spending is expected to increase a modest 2.7%. Cyber ...
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The pace of payments news picked up dramatically as we get closer to Black Friday and holiday sales. Here’s the global payments news that caught our attention starting with Adobe’s prediction of a record $124 billion holiday e-commerce season. Eight US retailers including Sears, Claire’s ...
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When you connect car lovers with e-commerce, you end up with a potential marketplace of $265 billion by 2023, according to the latest Juniper Research report. The report predicts the number of connected vehicles will jump from 330 million in 2018 to more than 775 ...
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Is your original pre-digital loyalty program meeting the needs of new digital-savvy consumers with sky-high expectations? A new whitepaper from West Monroe Partners suggests many loyalty programs are overcomplicated, too transactional, and too homogeneous. They no longer meet their original goal of inspiring true customer ...
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Here’s the global payments news that caught our eye this week including Shopify/Venmo and Amazon/AMEX partnerships, Visa’s double-digit growth, Amazon Q3 results, US cross-border payments research, Swedish government’s e-krona digital currency, British Airways hack, Canadian cannabis sales going higher, and much more. It’s payments news ...
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CNBC’s Mad Money host Jim Cramer interviewed Visa CEO Al Kelly for an eye-opening look at why he thinks payment stocks may be the safest investment play in the financial sector. “Visa has no interest rate risk,” Cramer said. “Visa’s not gonna get crushed if ...
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US online merchants are far behind building their cross-border e-commerce growth because most are not offering enough or any local payment methods in international markets. A new PPRO whitepaper shows that US merchants need to make local payment methods (LPM) available because traditional credit card ...
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Last week, Sears finally succumbed to Chapter 11 bankruptcy protection after a decades-long and painful struggle. Sears expects to close 142 unprofitable stores by the end of this year. Mattress Firm also announced bankruptcy plans to close 700 of its stores across the US. These ...
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Welcome to Payments NEXT’s Friday global payments news roundup featuring breaking news, industry insight, trends, research and much more. PayPal Scores an AmEx Tie-Up and Notches a Strong Quarter, Though Challenges Loom PayPal began working with competitive and semi-competitive partners, and on Thursday it added ...
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