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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Retail
Retail
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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You may be surprised to learn which e-commerce markets in Europe and the Commonwealth of Independent States are growing the fastest. In fact, according to the latest PPRO research report, the average e-commerce growth-rate is 25% in this region, two-and-a-half times higher than the average ...
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New National Retail Federation (NRF) research shows September retail sales were up 3.0% over last September and projections for 2018 holiday sales indicate 4.3% to 4.8% growth over last year. NRF Chief Economist Jack and said, “Recent solid wage gains and other fundamentals continue to ...
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It was a busy week in payments news. We’ve got a must-read list of 10 small business cybersecurity facts you should know. There’s also a look at the strategy behind retailer H&M’s investment in online payments company Klarna and Zebra Technologies’ 2018 Shopper Study. We ...
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In an unusual deal, Swedish-headquartered fast fashion retailer H&M invested $20 million to acquire under 1% of online payments firm Klarna. H&M will implement Klarna’s payments platform in its retail and online channels to provide shoppers with what it calls a “frictionless” payments experience starting ...
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Target’s newly-announced Smartly brand private-label discount products may turn out to be its most effective defense against competitors ranging from Amazon and Walmart to dollar stores. Target introduced a whole line of more than 70 everyday items, from all-purpose cleaner and body lotion to paper plates and ...
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Did you know nearly half of customers are still dissatisfied with the customer service that’s offered in-store and online? According to Zebra Technologies’ 2018 Shopper Study, 44% of shoppers are not satisfied with staff availability and customer service in-store while 55% are unhappy with the ...
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Just in time for your weekend reading, we’ve got the latest global payments news including a close-up on Square Installments new payments plan, a Thanksgiving Day retail sales forecast, the latest research on data breaches, the online sales tax storm and our popular global payments ...
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Here are the top global payments news stories from this week, all curated for your weekend reading pleasure. Fed seeks feedback on plans for RTGS system for faster payments The Federal Reserve Board is calling for public comment on its plans to build a real-time ...
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