Luxury Retail Sector Awaits Surge in Chinese Tourists

Luxury Retail Sector Awaits Surge in Chinese Tourists
Luxury Retail Sector Awaits Surge in Chinese Tourists
December 27, 2022  |  Retail

The luxury retail sector is expecting more Chinese tourists after three years of pandemic restrictions. China announced Monday (Dec. 26) that it will lift international...

READ MORE >
Report: Amazon Air Has Too Much Cargo Capacity as Demand Slows
Report: Amazon Air Has Too Much Cargo Capacity as Demand Slows
December 27, 2022  |  Retail

Amazon Air is reportedly trying to sell excess air cargo capacity amid slowing consumer demand. According to a report by Bloomberg, which cited unnamed sources,...

READ MORE >
Semiconductor Companies Cut Jobs as Consumer Demand Weakens
Semiconductor Companies Cut Jobs as Consumer Demand Weakens
December 27, 2022  |  Economy

Weakening consumer demand for electronics has left semiconductor firms with an oversupply of chips. And that in turn has led these companies to cut staff...

READ MORE >
Retailers Seek Flexible Financing Options to Boost Sales, Customer Experience
Retailers Seek Flexible Financing Options to Boost Sales, Customer Experience
December 27, 2022  |  Payment Methods

Offering a broad range of financing options helps merchants’ sales while improving the customer experience. Fresh off a successful Black Friday and Cyber Monday, Vicki...

READ MORE >
Cryptocurrency Payments Make Push for Greater Marketplace Acceptance
Cryptocurrency Payments Make Push for Greater Marketplace Acceptance
December 27, 2022  |  Cryptocurrency

Shopping with cryptocurrency remains a novel, or even foreign, experience for most consumers.   That said, PYMNTS’ research shows that among tech-driven consumers, more than 1...

READ MORE >
Subscription Businesses Aim Tech at Credit Card Chargebacks and Churn
Subscription Businesses Aim Tech at Credit Card Chargebacks and Churn
December 27, 2022  |  Subscriptions

Subscription merchants are turning to tech to help reduce credit card chargebacks that eat up revenue and increase churn. The latest “Subscription Commerce Conversion Index:...

READ MORE >
CE 100 Index Slips 2.3% as Tesla Shares Continue Skid
CE 100 Index Slips 2.3% as Tesla Shares Continue Skid
December 27, 2022  |  Connected Economy

The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year. Disruptive...

READ MORE >
Chinese Consumers Prefer Local Payment Methods When Shopping Online
Chinese Consumers Prefer Local Payment Methods When Shopping Online
December 27, 2022  |  eCommerce

Expansion into the Asia-Pacific (APAC) region remains difficult because eCommerce merchants aren’t offering local payment methods. This came through clearly in the new study “The...

READ MORE >
Wearable Healthcare Tech Trend Driven by Millennials
Wearable Healthcare Tech Trend Driven by Millennials
December 27, 2022  |  Technology

Over two-thirds of Generation Z and millennial consumers track their health using wearable heathcare tech. That’s according to findings from “How Digital Has Changed the...

READ MORE >