Welcome to this week’s Payments NEXT newsletter with lots of pre-Black Friday and holiday sales data and predictions, including a 14% increase in spending this year and online sales expected to reach $124 billion. We’ve got a look at how Sears missed the e-commerce and ...
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Retail
Retail
Here’s the global payments news that got our attention this week, curated and provided for your weekend reading. Look for plenty of pre-Black Friday and holiday sales data and predictions, including a 14% increase in spending this year. Check out the estimated $30 billion organized ...
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Experian‘s 2018 Holiday Survey shows holiday shoppers are in a generally positive mood about holiday shopping and plan to spend 14% more this year than in 2017. The 2018 survey provides useful insight into shoppers’ thoughts on spending plans, budgets and interesting differences between the shopper ...
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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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In 14 stores in its Dallas headquarters market, 7-Eleven is testing a mobile cashierless checkout app called Scan and Pay. Customers can pick up a Slurpee, snacks and other items, scan the product barcodes with a mobile app, pay by your favorite payment provider, display ...
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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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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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If you’re a Sam’s Club shopper in Dallas, you’ll soon be able to use a new “Sam’s Club Now” app to scan and pay for your groceries and exit the new high-tech store at a cashierless checkout. Think of it like Amazon Go, except bigger and ...
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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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