Back to school 2018 retail outlook

| March 20, 2018

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We expect US back-to-school sales to increase by 3.0%–4.0% this year. A largely positive economic backdrop frames this year’s back-to-school shopping season. Perhaps unsurprisingly, online is set to be the big winner this back-to-school season. Rates of online shopping are set to be around 10 percentage points higher than last year, at 55% of shoppers.

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morhipo

Morhipo provides Boyner Group’s department store experience in e-commerce with a wide selection of products and brands in fashion apparel for women, men & kids, accessories, cosmetics, home textile and decoration. In addition Morhipo also offers a members only discount section where end-of-season products are sold.

OTHER ARTICLES

Retail store space can have myriad uses

Article | March 22, 2020

Brick-and-mortar retailers have embodied this concept since the inception of physical stores. The saying is taking on a different meaning for retailers seeking to reimagine the concept of physical stores. No-inventory stores, like Bonobos, are exchanging storefronts filled with large amounts of costly inventory for showrooms stocked with personal stylists, cafés or office space. The concept of the store as a showroom benefits retailers, their customers and their workers. The combination of decreased square footage, lower rents and freed-up cash typically tied up in massive inventories creates new opportunities for all to enjoy. Consolidating most inventory in a few central locations, rather than scattering it across all stores, will increase margin and inventory turns significantly.

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SEE WHO IS SPEAKING AT MPC20!

Article | July 16, 2020

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How A Toy Retailer Is Adding Quality Play Time To Quarantine

Article | March 25, 2020

There are 32 million kids under the age of 14 in the U.S. This week, and for who knows how much longer, they will be home from school due to the COVID-19 crisis. It may sound like a situation that will try the patience of any parent. But Bill Onderdonk, COO of high-end toy and game company KiwiCo, tells PYMNTS CEO Karen Webster that he thinks he has a solution. “If you want to spend quality time with your kids, they’re great projects for two or three people to do together,” he said. “So that’s sort of the other flip side of this crisis. On a broader scale, parents are concerned about how much time kids are spending in front of screens, whether that’s video games, phones or social media. Our products are a great alternative, because they are engaging and fun for kids.”

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eCommerce losses to online payment fraud to exceed $25bn annually by 2024

Article | April 1, 2020

Ecommerce merchants are set to lose in excess of $25bn to online payment fraud by 2024, from just of $17 billion in 2020, despite the ongoing implementation of SCA (Secure Customer Authentication) in Europe. The new study from Juniper Research, Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2020-2024, finds that the popularity of eCommerce and increased card-present security with the introduction of EMV, have made eCommerce payments a compelling target for fraudsters. The research highlighted that eCommerce merchants outside Europe must adopt similar measures to SCA, including two-factor authentication, or they will suffer from increasing levels of sophisticated fraud. Payment gateways will be vital to ensure that these security requirements are implemented at scale.

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Spotlight

morhipo

Morhipo provides Boyner Group’s department store experience in e-commerce with a wide selection of products and brands in fashion apparel for women, men & kids, accessories, cosmetics, home textile and decoration. In addition Morhipo also offers a members only discount section where end-of-season products are sold.

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