Payments tech company Adyen has increased transaction volume 80% year-over-year, totalling $90 billion in 2016, also making traction in the online retail market, including the successful global rollout of Burberry’s omnichannel payment infrastructure.
Profiles | Our Authors
Power Retail is Australia's news and information resource for the online and multichannel retail community, catering for all levels of business from loungeroom start-ups to established multichannel powerhouses. We aim to inspire and provide value to online retailers, and we exist to help bridge the knowledge gap between what is being done and what can be done in the online retail space in Australia.
Australia Post today reported a profit before tax of $197 million for the six months ended 31 December 2016, with 100 percent of its profits derived from commercial activities in parcels and e-commerce.
On 16 February 2017 the Australian Government introduced the Treasury Laws Amendment to the GST Low Value Goods Bill 2017 into Parliament. This will affect online retailers, who will need to work out how the rules affect them.
Last week we bought you a story on Vinomofo’s record sales in Singapore, following its launch there two months ago. One of Power Retail’s valued readers, Steve, sent us a response voicing his thoughts around Vinomofo’s wine discounts and diminished brand value of wine producers.
A group of Australian and New Zealand retail executives gathered at the Australian High Commission in London last night to celebrate their combined success since launching their brands in the UK, including Kikki.K, Typo and RM Williams.
Openpay has teamed up with Raincheck to create a new app developed to increase conversion rates. Consumers can now save items online into a “wishlist”, and be notified when passing a bricks and mortar store location.
Erica Stewart, founder and CEO of giftware online retailer Hardtofind, shares some of her top tips how to thrive as a pureplay online business, including putting your customer first and expanding the online experience offline.
DHL eCommerce, a division of DHL Group, launched its new fulfillment centre in Sydney this month, to support booming demand for overseas goods amongst Australia’s online shoppers.
Whew! NRF Retail’s BIG Show 2017 may have ended earlier this week, but we are still hyped up over all the insights and innovations we saw at the event.
Opening an e-commerce business to overseas buyers is an exciting prospect, however failing to get prepared and doing your homework can mean failure. Discover 5 key considerations to make prior to going global.