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Fueling Retail Expansion: Exploring Financing Options For Business Growth

RetailMinded

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Whether opening new locations, renovating existing stores, or investing in technology and inventory, retail expansion requires significant capital investment. However, you must first understand the available options.

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PayPal Names Intuit Exec as New President/CEO

Retail TouchPoints

The appointment follows a search process conducted over the past several months with the mandate to find a next-generation leader with extensive global payments, product and technology experience capable of driving growth across the PayPal platform.

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Retailers Must Embrace Financial Services, and Quickly

Retail TouchPoints

Retailers know that customer engagement must be the focus of their marketing efforts. The only problem is, for many retailers, the idea of becoming involved in the financial transaction part of the journey is a leap too far. Its simplicity works for the retailer and customer alike. John Rutledge is CEO of HolyWally.

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During the Holidays, Small and Mid-Sized Businesses Feel the Impact of Retail Crime

Retail TouchPoints

Retail crime was a hot topic throughout 2023, and it’s easy to see why. According to the National Retail Security Survey, losses attributed to retail theft rose to $112.1 Cracking down on retail crime isn’t just about stopping thieves anymore. billion in 2022, up from $93.9 It’s about keeping employees and shoppers safe.

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Hit Hard by the Pandemic, Most Minority Business Owners Optimistic About the Future

Retail TouchPoints

In May 2020, McKinsey issued a report stating while the COVID-19 pandemic was shaking up small businesses across the board, it was disproportionately affecting minority-owned small businesses. Think food services, retail and personal and laundry services, for instance. Investing in Technology Crucial.

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Four Money Management Strategies Every Small Business Retailer Needs to Know 

RetailMinded

Efficient money management is key to business success, and it’s how you stabilize your small business and make it less likely to fail. . Yes, your business can fail if you don’t learn how to efficiently manage its finances right away. In fact, data shows that 82% of small businesses do fail because of cash flow problems.

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How Mobile Payments Are Taking Over eCommerce

Groove

They allow the customer to conveniently purchase products and services through encryption technology. Encryption technology allows sellers to accept these payments that are connected through a 3rd-party app linking the customer’s bank account, credit card, or debit card. Types of Mobile Payments & How They Work.