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    HOW AMAZON, WESTERN UNION AND OTHER PLAYERS ARE PUSHING TO IMPROVE X-BORDER RETAIL

    Jan 23, 2020

    The world is getting smaller people have been saying that for decades. And retail and commerce-related payments are certainly a big part of that trend. It’s not just the direct selling of products to consumers that matters when it comes to cross-border retail. Logistics, for instance, is a big...

    PYMNTS
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    NEW YORK CITY COUNCIL BANS CASHLESS FOOD AND RETAIL STORES

    Jan 23, 2020

    The New York City Council on Thursday (Jan. 23) passed a ban on cashless food and retail stores. The ban was reportedly spearheaded by Councilmember Ritchie Torres. After the decision, Stuart Appelbaum, president of the Retail, Wholesale and Department Store Union (RWDSU), praised the Council for do...

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    US CENSUS BUREAU AND NRF REPORT HOLIDAY SALES INCREASE, BUT ANALYSTS AREN’T JOLLY

    Jan 22, 2020

    Both the U.S. Census Bureau and the National Retail Federation reported that holiday sales increased year-over-year, but analysts and consultants remain wary of calling the season a success. The numbers appear promising: Retail and food service sales for December increased by 5.8% to nearly $530 bil...

    ADWEEK
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    TOP 5 TRENDS INFLUENCING ECOMMERCE FULFILLMENT

    Jan 22, 2020

    As ecommerce evolves, customer expectations to get what they want when, where, and how they want it will only continue to intensify and further challenge organisations in 2020 and beyond. Johannes Panzer, head of Industry Solutions, Ecommerce, Descartes. The times when search and price were the only...

    SHDLOGISTICS
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    DELIVERING CAFFEINATED INNOVATION THROUGH ECOMMERCE

    Jan 22, 2020

    To help power through the workday, many consumers need a morning cup of coffee or two, or three. But they often don’t a moment to brew their own beverages at home, and instead divert their time grabbing a cup of java at a café on the way to work and making another at an office using a c...

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    THESE RETAILERS COULD BE WINNERS AS PIER 1 SHUTS 50% OF ITS STORES

    Jan 22, 2020

    Pier 1 announced earlier this month that it intends to close up to 450 locations, or almost half its fleet of 942 stores, as it unexpectedly reported quarterly earnings amid bankruptcy rumors. Some stores have already kicked off final closing sales. The company has yet to release a complete list of ...

    CNBC
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    EXPRESS TO SHUTTER 100 STORES

    Jan 22, 2020

    Express on Wednesday said it would shutter about 100 stores by 2022, including nine already closed last year, 31 by the end of this month and 35 by the end of January 2021. The company as of November 2019 operated more than 600 stores, according to a document filed with the Securities and Exchange C...

    RETAILDIVE
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    AS VIRTUAL AND AUGMENTED REALITY RISE, RETAIL USE CASES COME INTO FOCUS

    Jan 21, 2020

    Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. These are still early days but trends are coming together and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile...

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    AMAZON EXPLORING PALM BIOMETRIC TECHNOLOGY FOR RETAIL CHECKOUT

    Jan 20, 2020

    Amazon is working on new checkout terminals that would allow shoppers to make payments using biometric data found on their palm prints rather than having to whip out a credit or debit card, according to the Wall Street Journal. The report follows a September 2019 report in the New York Post that Ama...

    ATMMARKETPLACE
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    DESPITE PAPYRUS’ CLOSING, STATIONERY RETAIL IS NOT ALL DOOM-AND-GLOOM

    Jan 20, 2020

    Not to be cynical, but mention the world “stationery” to people these days and odds are they minds will move toward a similar word, stationary the concept of lack of motion, as in a couch potato or a broken-down car on the side of the road. That’s understandable, given how viciousl...

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    HOW FURNITURE IS HELPING BUILD A LARGER RETAIL ECOSYSTEM

    Jan 20, 2020

    As evidence mounts that more consumers are doing more commerce from the comfort of their homes, there are also big changes when it comes the retail involved in that comfort that is, home furnishings. Take a company called Oliver Space as one example. The company’s proposition centers around pr...

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    DEVELOPING COUNTRIES TO LEAD EXPANSION OF GLOBAL RETAIL SECURITY TAGS MARKET IN FORECAST YEARS

    Jan 19, 2020

    In a recent study published by QY Research, titled, [Global Retail Security Tags Market Research Report 2020], analysts offers an in-depth analysis of global Not From Concentrate(NFC) Juices market. The study analyses the various aspect of the market by studying its historic and forecast data. The r...

    OPENPR
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TRENDING NEWS


    US RETAIL SALES INCHES HIGHER IN JANUARY

    Feb 24, 2020

    American consumers rang in the new year with a bit of an increase in spending. Some measures of discretionary spending were sluggish, while there was also a downward revision to the previous month's data. Headliner retail sales grew 0.3% on the month in 2020 up from a revised 0.2% previously. Th...

    FXSTREET
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    STARTUP SHOGUN RAISES $10M TO HELP DTCS COMPETE WITH AMAZON

    Feb 24, 2020

    Shogun, an e-commerce software startup, has raised $10 million in Series A funding from Initialized Capital, VMG Partners and Y Combinator. Per the company's announcement, the funding will go toward growing its Page Builder platform and introduce a new product that the company anticipates being ...

    RETAILDIVE
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    /news-article.aspx?ID=25512551

    HOW EXPERIENTIAL RETAIL IS GIVING PHYSICAL STORES AN EDGE

    Feb 24, 2020

    As 2020 unfolds, the retail business has been dramatically altered. Macy’s started the year by laying off employees and closing stores. Simon Properties led a team of investors to essentially buy out one of its tenants, Forever 21. And the supermarket business has thinned its ranks, with sever...

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    PHONEPE AND PAYTM TO PUMP US$278M INTO 2020 MARKETING EFFORTS

    Feb 24, 2020

    Top e-commerce platforms were recognized by the 2020 eCommerce Data Quadrant Awards from SoftwareReviews recently and Canada’s e-commerce giant ranked among the top award earners. With a composite score of 8.2, Shopify Plus actually tied for the top spot with Oracle Commerce Cloud, closely fol...

    ITBUSINESS
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    /news-article.aspx?ID=25532553

    CARDKNOX ANNOUNCES ITS BROWSER-BASED POS (POINT-OF-SALE) SOLUTION

    Feb 20, 2020

    By integrating their POS systems with a payment processing solution, merchants can experience the benefits of streamlined business management and efficiency as well as robust data security. However, integrating EMV-ready payment processing capabilities into browser-based systems has been particularl...

    PRNEWSWIRE
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    DOMTAR INKS DEAL TO ACQUIRE APPVION'S POS PAPER BUSINESS

    Feb 19, 2020

    Domtar Corporation UFS has entered into an asset-purchase agreement with Appvion Operations, Inc. to acquire its Point of Sale (POS) paper business. Notably, the agreement includes the coater and related equipment located exclusively in the West Carrollton, OH facility and a license for all correspo...

    YAHOO
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    /news-article.aspx?ID=25482548

    RUTTERS STORE CHAIN REVEALS MALWARE ATTACKED ITS POS SYSTEM

    Feb 18, 2020

    Convenience store chain Rutters has announced that it suffered a security breach, wherein hackers managed to access the company’s network system and install malware that compromised customers’ data. The store chain made its announcement after a “third party” informed the comp...

    INSURANCE BUSINESS
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    /news-article.aspx?ID=25472547

    CITIZEN ANNOUNCES CT-S601IIR - POINT OF SALE RE-STICK, LINER-FREE PRINTING SOLUTION

    Feb 17, 2020

    Citizen Systems America Corporation, a leading manufacturer of world-class printing technology, is proud to announce the release of the new CT-S601IIR Re-stick, liner-free receipt printer. This efficient and highly sought-after printer technology offers Citizen's North and South American custome...


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    CIT UPGRADES POS LOAN PLATFORM FOR SMALL BUSINESS PURCHASES

    Feb 17, 2020

    US-based business and commercial financing company CIT Group has released an upgraded point-of-sale financing platform for small businesses. The platform, operated through the CIT Small Business Solutions unit, allows businesses to finance equipment and supply purchases of USD 2,500 or more through ...

    THE PAYPERS
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    /news-article.aspx?ID=25462546

    DOMTAR AGREES TO PURCHASE APPVION POINT OF SALE BUSINESS

    Feb 15, 2020

    Domtar Corporation (NYSE: UFS) (TSX: UFS) today entered into an asset purchase agreement with Appvion Operations, Inc. to acquire Appvion's Point of Sale (POS) paper business. The agreement includes the coater and related equipment located only at the West Carrollton, Ohio, facility as well as a...

    YAHOO
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    /news-article.aspx?ID=25432543

    CIT GROUP UNVEILS NEW VERSION OF B2B POS LENDING PLATFORM

    Feb 14, 2020

    CIT Group Inc. has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company said in an announcement. Technology and equipment vendors can be live in a matter of minutes, offering real-time POS lending with little or no...

    PAYMENTS
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    /news-article.aspx?ID=25442544

    ALIBABA GROUP’S RETAIL SALES SURGE 38 PCT IN Q4

    Feb 13, 2020

    In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. The Chinese online shopping company had revenue of $23.19 billion or 161.45 billion yuan in the quarter concluding on Dec. 31, which was higher than 117.28 billion yuan a year prior. Analysts had f...

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SPOTLIGHT

The NITI Aayog has projected that India has the potential to be a $10-trillion economy by 2030 from $2.5 trillion now, but there is one sure shot way to achieve this, perhaps even before target: bring the six to 10 crore population, who are People with Disabilities, (PwDs) into the mainstream.

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