We’ve got a great roundup of stories this week on payments, fintech, retail, and e-commerce. POS consumer loans are growing fast and estimated at $6 trillion annually. A new report from GoCardless shows how payment preferences influence sales. Cornerstone Advisors surveys banking executives to find ...
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Retail
Retail
It’s never a happy day when a 109-year-old retailer files for bankruptcy. That’s certainly the case with FTD as it files for Chapter 11 bankruptcy protection and begins to sell off its business assets, one bouquet at a time. A colorful history Founded in 1910 ...
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Here’s your global payments news roundup for this week. National Retail Federation predicts $16 billion in spending on Father’s Day gifts. 67% of consumers will shop at a retailer with mobile coupons. The payments industry has $2 billion of VC financing so far this year. ...
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The National Retail Federation (NRF) estimates Father’s Day gift spending in the US should reach a record $16 billion this year. That falls short of the $25 billion spent on Mother’s Day, but it’s still a pretty good day for dear old Dad and a ...
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If you thought coupons were going the way of pay phones and fax machines, new research from BRP Consulting’s report The Mobilization of Retail may get you to reconsider your bias. Not only are 41% of consumers planning to increase the frequency of their shopping ...
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You’re in charge of e-commerce for your midsize retail business and you just finished your pitch for a budget for your next project. When asked how much it’s going to cost, you respond, “You better give me 130% of the budget, because 30% is going ...
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Now that US tariff increases of 25% or more on $300 billion of Chinese products are looming large, what’s the impact on consumers and is there potential for the payments industry to take a hit as well? Contrary to what the White House says, American ...
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Amazon robotics help product picker Imagine working ten hours a day picking and packing products in an Amazon warehouse and fulfillment center. It’s labor-intensive, it’s hard physical work, and according to Reuters, Amazon plans to automate some of these processes at its many fulfillment facilities. ...
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San Francisco-based online grocer Farmstead launched a Smart Shopping List app that uses predictive machine-learning to make grocery shopping faster, easier and less expensive for consumers. Farmstead says artificial intelligence (AI) goes beyond simple product recommendations to actually predict what customers need based on multiple ...
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We’ve got a pre-Mother’s Day global payments news roundup filled with news you can use. The NRF predicts Mother’s Day spending will reach a record $25 billion this year. Gartner looks at Amazon’s complicated private-label business. Alipay, Adyen, and Klarna will allow AliExpress shoppers to ...
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