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Physical Retail Environments will be Transformed by the Widespread Adoption of AR Glasses

Retail TouchPoints

The incoming adoption of augmented reality (AR) glasses has the potential to transform life as we know it — and that includes physical retail. Augmented reality is set to make the brick-and-mortar experience more personalized, immersive and efficient for retailers and shoppers alike — transforming how we buy, pay and shop.

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How online retailers can profit from Singles’ Day and the global shopping festival

GetElastic

the world’s biggest retail event, three times larger than Cyber Monday 2018, which at $7.9 billion was a new US record for online sales in a single day. [2]. Customers from around the world can shop on Alibaba Group websites and retailers worldwide are jumping on the 11.11 How retailers can increase Singles Day conversions.

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

BigCommerce

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. of total retail sales. When you buy shoes from an online shoe retailer, it is a business-to-consumer transaction. 1998 PayPal launches as an online payment system.

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7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

The Evolution of Mobile Payments: A brief history of mobile payments, according to TechCrunch : 1983: David Chaum, an American cryptographer, starts work on creating digital cash by inventing “the blinding formula, which is an extension of the RSA algorithm still used in the web’s encryption.” 2008: Bitcoin is invented.?.

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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. There was also a sharp increase in retail sales in November compared with previous years.

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Best Retail POS Systems for 2020

Ecommerce Platforms

Brick and mortar stores are now increasingly seeking the best retail POS systems because run-of-the-mill point of sale solutions just don’t cut it anymore. According to a recent survey , retail executives now acknowledge the importance of modern point of sale systems in their businesses, and are exceedingly upgrading their POS solutions.

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

Korona

The retail industry is a competitive industry, and one often based on volume. Small and medium-sized business owners are constantly facing competition from large retail companies such as Walmart and Amazon. Retail technology helps brick-and-mortar and eCommerce businesses in many steps of their business processes.