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UK Agencies Paint Stark Reality For Retail

PYMNTS

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. These are extraordinary times for the retail sector. retailers are not ready for digital transformation.

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Money Management During The Coronavirus Crisis

BankBazaar

It is way worse than the global financial crisis of 2008-2009.”. Therefore, smart money management is critical to survival through this period. HOW TO MANAGE CASH. The dos and don’ts of liquidity management. Use UPI-based apps and online transfers. “We have witnessed the world economy coming to a standstill.

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What’s The Future For NBA-Related Retail In China?

PYMNTS

Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today for online shoppers in that country, according to reports. The move comes after the general manager of that U.S.-based Tencent has been the digital media partner of the NBA in China since 2009.

Retail 116
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Luxury Retailers Discover Even Their Shoppers Love A Bargain

PYMNTS

Retailers like Neiman Marcus are discovering that even high-end shoppers want a good deal, with sales of personal luxury goods falling for the first time since 2009. Online startups like Farfetch.com and Matchesfashion.com are doing their part to force more discounts. about buying the retailer.

Retail 110
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Retailers, Shippers Face Rising Delivery Costs

PYMNTS

With online sales expect to reach $392.5 billion this year, according to research firm eMarketer, shippers and retailers are facing increased pressure and costs to get orders out the door and delivered on time. percent annually since 2009 in an effort to counter rising costs. percent and 5.9

Retail 100
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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How SweetIQ Makes All Retail Local

PYMNTS

It was founded as a marketing agency called Get Me Listed in 2009. And while Get Me Listed offered a variety of services — the customer base, brick-and-mortar retailers — it was primarily interested in one: getting businesses listed in local directories. That has changed an awful lot since 2009. But SweetIQ has an answer.

Retail 100