Retail TouchPoints

JANUARY 8, 2024

Why Retailers must Prioritize Loss Prevention in 2024 There’s no doubt that loss prevention will be a major priority for retailers of all sectors in 2024. If this data wasn’t shocking enough, the same report also explained that 78% of retailers don’t count ecommerce loss when calculating shrink.

Recommendation 231

Recommendation Omnichannel Shipping Costs eCommerce 231

Mi9

JANUARY 2, 2024

FORT LAUDERDALE, FLORIDA, January 2 , 2024 – Mi9 Retail, a leading provider of end-to-end retail software solutions, is pleased to announce its strong rankings on the highly esteemed 2024 RIS Software LeaderBoard. Mi9 Retail has secured a coveted position among the top 10 retail technology vendors, ranking at #7 overall.

eCommerce 52

eCommerce Retail Point of Sale Arts 52

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. But now we engage RetailNext to look at the data and find out what the customer is doing.

eCommerce 260

eCommerce Electronics X-cart Point of Sale 260

Retail TouchPoints

JANUARY 10, 2024

The discrepancy may occur due to clerical errors, goods being damaged or lost, or theft from the point of purchase from a supplier to the point of sale.” Department of Commerce data shows ecommerce sales have been growing steadily for over a decade, with significant growth in the past three years.

Shipping Costs 286

Shipping Costs Food and Beverages Retail Supplies 286

Retail TouchPoints

JANUARY 12, 2024

Sam’s Club is piloting technology designed to address one of the retailer’s biggest customer pain points: waiting in line at the store exit for an associate to check their receipts against the items in their cart. Additionally, AI operating in the background is designed to continually speed up the process.

Payment Services 255

Payment Services Mobile Payments Technology Mobile 255

365 Retail

MARCH 4, 2024

Sitoo , a leading could-native Point of Sale (POS) and Unified Commerce Platform, has been recognised in the 2024 Gartner® Market Guide for Unified Commerce Platforms Anchored by POS for Tier 2 Retailers. Sitoo helps global fashion and lifestyle retailers create positive shopping experiences every time and everywhere.

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POS Marketing Retail Sporting Goods 52

Retail TouchPoints

JUNE 4, 2021

Voice recognition technology has moved beyond the realm of checking the weather and playing music. Pandemic-fueled digital commerce is rapidly increasing the use of voice recognition technology. The report cited data from the U.S. increase in sales during the same period. that consumer spending fell by a record 16.4%

Payment Services 164

Payment Services Payments Small Business Retail Technology 164

Retail TouchPoints

APRIL 30, 2024

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. consumers ages 15-69 anticipate going to a show in 2024, a jump from the 36% who attended one in 2023.

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iVend

FEBRUARY 9, 2024

Read more So what are the key trends for retail technology in 2024? Personalisation and loyalty – Personalisation will continue to be a driving trend in 2024 – and with good reason – according to McKinsey, companies that get personalisation right can generate up to 40% more revenue. billion in 2021 to $31.38

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Payment Services Payments Retail Mobile Payments 52

365 Retail

NOVEMBER 22, 2023

At EuroCIS 2024 in Düsseldorf exhibitors will demonstrate how far this technology has already come. The camera points at the scan area of the self-checkout terminal. Based on the current shopping cart data and the shopper’s behaviour it detects irregularities in a transaction.

Payment Services 105

Payment Services Shopping Carts Article Technology 105

Retail TouchPoints

SEPTEMBER 8, 2021

Retail technology is continually evolving in order to boost efficiency and save money for merchants. By 2024, the market is expected to hit $4billion , with 468,000 units installed globally. With so much focus on digital sales and online shopping, most people think that the days of brick-and-mortar stores are over.

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Merchant Services Technology Retail Mobile 193

iVend

APRIL 22, 2024

Global sales in 2024 are at $1.046 trillion US dollars, and forecast to grow by $130 billion to $1.176 trillion by 2028. In a survey of 10,045 consumers, 95% said their ‘most used electronic device’ was their smartphone, and sales account for half of the trillion dollars revenue in 2024.

POS 52

POS Electronics Consumer Electronics Mobile 52

Retail TouchPoints

JULY 21, 2020

At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup ; Piloting “micro fulfillment centers” within supercenters to speed up fulfillment of pickup and delivery orders ; and Deploying digitization, robotics and Internet of Things (IoT) technologies to make stores smarter.

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Supplies Beauty and Health Payment Services Fulfillment 223

Retail TouchPoints

OCTOBER 10, 2023

At the same time, retailers are acutely aware that ecommerce sales are continuing to grow as a percentage of overall holiday spending and, within that percentage, mobile sales in particular are skyrocketing. eMarketer expects retail mobile commerce sales to account for 43.4% of total retail ecommerce sales in 2023.

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Mobile Retail Social Media Payment Services 247

365 Retail

JANUARY 12, 2024

Flashback to 1994: databases and ERP systems, first commercial websites, mobile phones with colour displays, CD-ROMs, Java as a programming language or the new Windows 95 operating system with a GUI were all highly topical technologies that also kept the companies at EuroCIS busy.

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Payment Services Mobile Payments Banking POS 64

365 Retail

OCTOBER 4, 2023

Advertisers are seemingly undeterred by the dwindling effectiveness of traditional methods and continue to rely on outdated data management platforms (DMPs). Since before the General Data Protection Regulation (GDPR) came into action in 2018, people have been predicting their downfall.

Retail 64

Retail Customer Data Channel Improvements 64

GetElastic

DECEMBER 18, 2020

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Nearly 75% of GenZ were satisfied with contactless payments and declared it a “must have”.

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Merchant Services Payment Services Payments Subscription 148

Korona

OCTOBER 12, 2021

It is expected that the social network and its user base will grow by 22% every year until 2024. The data collected will allow you to see which videos have generated the most interest from your audience. Plus, our point of sale system is designed for businesses of any size. That’s where KORONA POS comes in.

Small Business Retail 52

Small Business Retail Marketing POS Retail 52

retailnext

FEBRUARY 27, 2020

As per a report from Global Market Insights , IoT in the retail segment is expected to grow 21 percent from 2017 to 2024. Recent years alone have witnessed retailers adopting augmented reality, virtual reality and data analytics for gaining customer insights and improving shopper experience. IoT-based smart store.

Retail 52

Retail Clothing eCommerce Information 52

ROI Revolution

AUGUST 5, 2021

Industry-spanning partnership software and technology to scale your profitable growth. Retail sale recovery as the coronavirus subsides. of smartphone users will use their mobile phone to pay for point-of-sale transactions this year, and that number will surpass 50% for the first time in 2025. Claim your spot today.

eCommerce 197

eCommerce Social Media Payment Services Merchant Services 197

ROI Revolution

JUNE 1, 2021

of smartphone users will use their mobile phone to pay for point-of-sale transactions this year, and that number will surpass 50% for the first time in 2025. 72% of marketers will prioritize improving the quality of their customer data over the next 12 months. By 2024, annual paid ad spend is projected to hit $109.1

eCommerce 158

eCommerce Social Media Payment Services Merchant Services 158

ROI Revolution

JULY 1, 2021

Industry-spanning partnership software and technology to scale your profitable growth. of smartphone users will use their mobile phone to pay for point-of-sale transactions this year, and that number will surpass 50% for the first time in 2025. By 2024, annual paid ad spend is projected to hit $109.1 June 8 update.

eCommerce 148

eCommerce Social Media Payment Services Merchant Services 148

ROI Revolution

DECEMBER 2, 2021

In fact, online sales have reached $109 billion so far – a significant increase from the $90 billion we were at this time last year. Retail sales as a whole still saw significant yearly growth on Black Friday according to data from Mastercard SpendingPulse. Retail sale recovery as the coronavirus subsides. YoY growth.

eCommerce 148

eCommerce Social Media Payments Payment Services 148

ROI Revolution

OCTOBER 7, 2021

The home décor market is expected to be valued at $202 billion by 2024, a 20% increase from 2019. In 2021, however, furniture & bedding sales are forecasted to hit nearly $120 billion, a more significant 5% YoY growth. Industry-spanning partnership software and technology to scale your profitable growth. YoY growth.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

SEPTEMBER 2, 2021

The home décor market is expected to be valued at $202 billion by 2024, a 20% increase from 2019. In 2021, however, furniture & bedding sales are forecasted to hit nearly $120 billion, a more significant 5% YoY growth. Industry-spanning partnership software and technology to scale your profitable growth. YoY growth.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

NOVEMBER 4, 2021

The home décor market is expected to be valued at $202 billion by 2024, a 20% increase from 2019. In 2021, however, furniture & bedding sales are forecasted to hit nearly $120 billion, a more significant 5% YoY growth. Industry-spanning partnership software and technology to scale your profitable growth. YoY growth.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

JANUARY 5, 2022

In fact, online sales have reached $109 billion so far – a significant increase from the $90 billion we were at this time last year. Retail sales as a whole still saw significant yearly growth on Black Friday according to data from Mastercard SpendingPulse. Retail sale recovery as the coronavirus subsides. YoY growth.

eCommerce 78

eCommerce Social Media Payments Payment Services 78