Remove 2017 Remove Online Remove Retail Remove Technology
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China’s Online Retail Sees Big Boost in 2017

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All over the world, the retail industry is seeing a major transformation. As more people turn to the online arena to purchase everyday goods, retailers are looking for ways to fuse the digital and physical retail space. At the halfway point of the year, retail in China took an interesting turn. percent), food (20.8

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Alibaba Bets Billions On Online Grocery In China

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In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail Group , Alibaba said in a statement on Monday (Oct. billion — in Auchan’s A-RT Retail. As part of the deal, Alibaba will acquire a 70.94% equity interest — worth about $3.6

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Why Online Retail Fraud Is On the Rise

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From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. last year, a 6.5 last year, a 6.5

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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

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By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. seconds on average through EMV 3DS.

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Nine eCommerce Retail Trends For 2017

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2017 looks like it’s shaping up to be a solid year. Between consumer confidence trending upward and more people spending — and racking up some debt — retailers are slated to be pleased when the ball drops and the confetti settles. Consumers want technology while shipping. Technology follows. Loyalty isn’t king … yet.

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Innovation Project 2017 Conversation Starters: Can Payments Save Retail?

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Is retail just the land where shelves are stocked with goods, where salespeople appear at your elbow to inquire about your quest to buy? Is retail the purview of the buy button, the screen, and should it be defined as tied to the big screen (laptop) or small screen (smartphone)? Can technology help level the playing field?

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Macy’s Leads The Pack As Top Online Apparel Retailer

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The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. The think tank found a decline of 410 basis points in the retailer’s apparel share as its revenues declined by $3 billion from 2012 to 2017.

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