Today’s global payments news roundup is fast and furious. We take a look at whether smaller footprint stores will save Sears, given the challenge of profitability. By next year, millennials will spend $1.4 trillion and they are definitely masters of the online shopping universe. One ...
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After a plunge into bankruptcy earlier this year, Sears announced plans to open three new, small-footprint stores of 10,000 to 15,000 sq ft. Instead of the typical 160,000 sq ft store, the new Sears Home & Life outlets will sell home goods like Kenmore and ...
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Amazon may own 49% of the US e-commerce market, but eBay remains surprisingly resilient according to an Edison Trends report. According to eMarketer, the six biggest e-commerce sellers are Amazon (49.1%) eBay (6.6%), Apple (3.9%), Walmart (3.7%), Home Depot (1.5%), and Best Buy (1.3%). We ...
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While Amazon’s Whole Foods implements a range of grocery discounts, Walmart and Google are going to the prom together again to offer voice ordering of groceries, two years after testing the service previously. Walmart Voice Order will work on a variety of Google Assistant platforms ...
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If millennials are a key target market, you’ll want to read the latest research from CouponFollow. Researchers outline how far and how fast millennials have moved into shopping online at the expense of off-line stores. All is not lost but understanding this important market will ...
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Your Friday roundup of global payments news is ready for launch. We start with a look at 2018 gift card preferences and what’s on the horizon. Then we move over to China for a look at a boom in biometrics payments. Ever ordered dinner from ...
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First Data has some fascinating research on 2018 gift card preferences, growth and trends in the UK. If you’re a retailer or online seller using gift cards as part of your marketing strategy, you’ll want to learn more. Physical gift cards just won’t die One ...
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In China, more than 580 million people made a payment with their mobile phone last year and 68% used a mobile wallet for off-line payments. In many cases, this increasingly cashless society uses QR codes for purchases atlocations including noodle shops, fast food restaurants, electronics ...
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In the US, fast food is a $200 billion industry. The on-demand food delivery business is also growing fast and is now estimated to be a $2 billion-plus a year industry according to a new report from Edison Trends. Let’s look at some of the ...
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Welcome to Payments NEXT’s weekly global payments news roundup. The week started with a bang with the planned $43 billion FIS/Worldpay merger. We covered several new product launches including Verifi’s self-service chargeback service, Branch’s new payday loan features, and ZestFinance’s bias-free lending platform. We also ...
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