Last-mile delivery is one of the biggest logistics challenges in business and e-commerce, no matter if you’re Amazon or an agile startup. In fact, whether it’s groceries, the latest electronic gadget, pizza, or your favorite summer reading novel, last-mile delivery makes up 25% of the ...
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Retail
Retail
New research by ActiveViam shows nearly three-quarters of retailers are concerned about their ability to compete with Amazon pricing. 71% said that they are concerned about being outpriced by Amazon — with 41% saying they are “very concerned.” In addition, 49% of respondents were concerned ...
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Another week, another $6.2 billion+ in record Amazon Prime Day sales. That’s our lead story and we’re sticking to it, even though some are saying it might have reached $7 billion. Some back-to-school shopping was done and the NRF estimates $80.7 billion will be spent ...
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Amazon Prime Day is over and all that’s left is for Amazon head office to celebrate record sales and the rest of us Prime members to wait for our stuff to be delivered today or tomorrow. And what a two-day success it was as analysts ...
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There’s good news and there’s not-so-good news with US back-to-school spending predictions this year. The National Retail Federation (NRF) and Prosper Insights and Analytics research show the good news is that average spending on most product categories will be up. The positive economy is a ...
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Our weekly global payments news roundup has an international flavor this week, starting with a look at Walmart’s unexpected bonus of payments provider PhonePe in its acquisition of Flipkart. Digital payments are taking off in India and PhonePe is poised for growth. In Japan cash ...
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This week’s global payments news roundup starts with Amazon’s launch of a new delivery option called Counter and partnering initially with 100 Rite Aid locations. Kount AI is a new fraud detection program built on artificial intelligence that simulates a skilled fraud analyst. Coresight Research ...
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The trunk of your car, your car garage, employee-owned delivery vehicles, driverless vehicle and robot deliveries, standalone lockers, its own Prime Air fleet, potential drone deliveries, a pickup and return partnership with Kohl’s stores. Amazon has tested many options for customers to get delivery of ...
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E-commerce, global competition, and changing shopper tastes and demographics have caused dramatic disruption in the US retail marketplace. Coresight Research tracked 5,524 US store-closures in 2018 compared to a record 8,139 closures in 2017. The company says at the end of May, the number of ...
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Welcome to this week’s global payments news roundup which leads off with an interview with Bank of America CEO Brian Moynihan who talks about moving towards a cashless society. Next, we look at Facebook’s Libra cryptocurrency announcement and what’s ahead for the proposed new cryptocurrency ...
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