We’re now past the two-year anniversary of EMV, and there is one clear truth: EMV has significantly cut into card-present fraud. But that doesn’t mean that all fraud is gone yet. And recent trends indicate that one type in particular may be on the rise: friendly fraud.
We’re approaching the end of 2017, and one of the most dominant stories of the year has been what many media outlets call “the retail apocalypse.” What is the retail apocalypse? In short, it’s the idea that retailers can’t compete as online commerce (or, mostly just Amazon) continues to grow.
With the advent of e-commerce, analysts predicted stores would go out of business. More than 20 years later, they still have a place in the retail landscape. And even more so than before.
For brands, adapting their store technology to regulations in the countries where they're active is a vital condition to succeeding. It’s also a great opportunity to get a head start.
Gone are the days of analog commerce. Today, it’s all about unified commerce and the convergence of sales channels (multichannel, crosschannel, omnichannel…). In this new model, the point of sale and the people play central roles!
The weather outside is frightful, and with the cold comes preparations for the holiday rush. That’s because the majority of US retailers say they get 20% or more of their annual sales during the winter holiday season. During the upcoming frenzy of gift giving, the value of a gift card program cannot be overstated.
John Rich, of the country duo Big & Rich, opened Redneck Riviera, a country bar located in the Grand Bazaar Shops at Bally’s directly above Wahlburgers in Las Vegas, Nevada in 2016. Redneck Riviera also features an additional bar uniquely dedicated to veterans. It is staffed by veterans and veterans get their first drink for free.
More than halfway through 2017, sales have been swift for retailers, thanks largely to the variety of avenues through which consumers can buy. In July, for example, retail sales rose 3.5 percent year-over-year, according to the National Retail Federation. Additionally, online sales rose an unadjusted 11.4 percent during the same period.
Though the deadline is a few years away, gas stations and their owners need to be working towards EMV compliance sooner rather than later.
You can’t throw a stone without hitting another article about how ecommerce is affecting retail. But one topic that seems to be underserved is how products are actually being shipped once your customer selects it via your multi-modal omnichannel delivery drone. The reality is, the experience of how a package is received matters for consumers, not to mention Dim Weight price increases, the speed of ecommerce growth, and generally tough competitive times. You can hardly afford to overlook the opportunity to optimize the packaging your product ships in.
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