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Retail consumers adopt new technology

June 20, 2017

For retailers who have not thought about enabling mobile wallet acceptance, now is the time to start making plans. Our Retail Survey† showed that most large retailers ($100M+ in sales) have implemented mobile wallet technology (75 percent), yet only about half of smaller retailers ($10M or less) have done so. A future of digital payments is approaching. Smaller retailers are well advised to put plans in place to accept a digital wallet in the future.

Spotlight

Choxi.com Inc.

Our philosophy at Choxi is simple: everything you love, for less. Whether it’s brand-name electronics, the hottest fashion trends, must-have home accessories or authentic designer merchandise, we believe a great deal should never be more than a click away. We started out as the popular online shopping destination nomorerack in November of 2010, and after several years of incredible growth, we decided to switch things up. In April of 2015, we became Choxi, a fresh new place to score all your favorite brands at simply incredible prices.

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Infographic | January 6, 2020

With the 2019 holiday season barely in hindsight, you might be thinking it’s too early to begin putting together your 2020 seasonal retail marketing calendar. But, there’s no such thing as being too prepared for the holidays especially when, according to our 2019 holiday survey, more than 95% of retailers say their store is either “somewhat prepared” or “very prepared” for the retail holiday season.

The power and the money

Infographic | January 8, 2020

Modern retail is being influenced as much by younger, tech-savvy ‘millennials’, who increasingly shop online and on their mobiles, as by older baby-boomers (over 60s) who wield greater spending power and still prefer to shop in stores. Both groups are equally important to retailers in a world where consumers increasingly shop on their own terms. Oracle Retail's 2016 consumer research study 'The Power And The Money' took a closer look a how these different age groups are approaching shopping in the digital age.