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Retail Technology in 2022: Streamline Your Retail Business With These Trends

Korona

Instead of waiting for the customer to come to the checkout, the cashier goes to the customer and helps them make their payment as quickly as possible. This retail technology is perfect for stores that often experience long lines. You May Also Want To Read: The Difference Between POS and mPOS & Mobile Payments Explained.

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What retailers can learn from the 2021 holiday shopping season

Kibo

In this post, we look at the most important trends and statistics that emerged from this pivotal holiday shopping season and unpack what it might mean for retailers in 2022. Online holiday shopping sales surpass $200 billion. In their 2022 Commerce and Payments Report , Global Payments notes that: 4.4

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Future of Ecommerce: How Mid-Size Retailers May Change by 2022

Blue Acorn

Some online retailers will likely rely on some technologies more than others. Looking at ways furniture retailers can help people picture items in their house is a great example. Just look at smartphones: They have been around for 10 years, and are just now adding native mobile-payment features.

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How To Start a Retail Business: The Ultimate Guide

Korona

Physical locations remain vital for the industry, especially since a significant volume of eCommerce orders are completed through retail stores. In addition, during May of 2021, retail sales reached a record high of over $570 billion. . This growth is expected to continue in 2022, with another 6.6% increase in sales over 2021.

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eCommerce Fraud Trends Every Online Store Owner Should Know

lateshipment

Juniper Research estimates that retailers stand to lose $71 billion globally from fraudulent card-not-present transactions between 2017 and 2022. Retailers stand to lose $71 billion globally from fraudulent card-not-present transactions between 2017 and 2022. Hacking Alternative Payment Options. Ask for CVV.

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The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

In fact, growth projections estimate that by 2022, ecommerce revenues will exceed $638 billion in the U.S. Globally, ecommerce growth projections are also on an upward trajectory: They show that retail sales may exceed $4.058 trillion by as soon as 2020. Shoppers spend 36% of their budget online on average ( BigCommerce ).

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How Coronavirus (COVID-19) Is Impacting Ecommerce [January 2022]

ROI Revolution

Updated January 5, 2022. Ecommerce impacts to expect from the pandemic in 2022. Retail ecommerce has nearly doubled since the coronavirus pandemic started. in 2022 to make up 16.1% of all retail sales. That means total retail sales growth will amount to 2.5% of total retail sales. of all retail sales.