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.
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.
Latest research shows almost three in four Aussie consumers now shop across borders, revealing an outflow of potential retail spend from the local economy. The first step is to focus on why consumers stray and work towards addressing them.
In a global first, Myer teamed up with Twitter to be the first department store anywhere to leverage live 360 video on Twitter, to broadcast its Autumn Winter Fashion Launch, where customers could ‘see now-buy now’ via its online store.
Australian shoppers spent a whopping $21.65 billion on online retail in 2016, according to NAB. As we brace for another record setting year, there are a few emerging technologies in e-commerce that we need to keep an eye on in 2017. You may heard of some of these, others perhaps not.
Entrepreneurs who have the courage step out of their company’s brand, whether big or small, and let their personal brand shine, will likely increase their company’s corporate culture and lead to a better performing business.
Retail group Specialty Fashion, owner of Katies, Millers and City Chic, have received a takeover offer from a Middle Eastern investment company.
The official retail sales figures for December 2016 have been released, and it proved two things – whilst sales growth performed less than expected, online retail seemed to have kicked butt. The second thing…
2017 will be the year for omnichannel in China. Australian retailers need to be aware of the changing landscape to take advantage of cross-border e-commerce.
Pressure from online retail and emerging competitors have seen two iconic Australian fashion retailers David Lawrence and MARCS go into voluntary administration this year.