Tracking items instead of people is gaining steam with some retailers, but the strategy may not work for most products. As reported by The Wall Street Journal (WSJ) March 28, some clothing and accessories merchants are rethinking their in-store inventory systems. Navigating both security and...
Whether paying with a traditional credit card, stored payment credentials or cold hard cash, consumers love points and rewards. Points and rewards programs connected to payment options offered by banks and other financial institutions (FIs) seem to be offerings as old as the payment options...
If there’s anything the past few years have taught the retail industry, it’s that the ability to respond and pivot accordingly is king, all while staying true to your core customers and creating the best experience for them. It’s a daunting task that few retailers...
Sampler has acquired Abeo to expand into the global beauty industry. The acquisition adds Abeo’s beauty industry-focused digital sampling agency to Sampler’s omnichannel product sampling platform, the companies said in a Tuesday (April 11) press release. “The beauty industry was an early adopter of digital...
The central bank digital currency (CBDC) field has become crowded, global in scope, and yet in many cases, fragmented. Generally speaking, in concept, the CBDC affords a central bank a way to battle the proliferation of cryptocurrencies, which are still in the midst of a...
The beauty industry is constantly seeking out innovative ways to enhance its bottom line. As a result, the sector is exploring new avenues to increase its revenue, and one significant shift that’s becoming more noticeable is how it approaches advertising. Rather than concentrating solely on...
America’s banking giants are expected to reveal a huge outflow of cash in the days ahead. As the Financial Times (FT) reported Tuesday (April 11), analysts project that depositors looking for high returns from money market funds and other alternatives withdrew nearly $100 billion from...
U.S. companies are more worried about the government impacting profits than a decade ago. A new study by the U.S. Chamber of Commerce — the subject of a Wall Street Journal (WSJ) exclusive report Tuesday (April 11) — finds increasing concern among corporations on things...
As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores that remained open had to evolve. With health concerns swirling, for example, the use of contactless payment options took off....
