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Kohl?s Leans Into Digital During Pandemic Store Closures

PYMNTS

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. billion and $1.75.

Retail 235
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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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Are One-Third Of Retail Jobs On The Way Out?

PYMNTS

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. national minimum. by 2020.”.

Retail 100
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Amazon Sets Sights On Southeast Asia

PYMNTS

So where to next for the omnichannel retail giant? Two of its nations (Indonesia and Thailand) are ranked in the top 20 economies by their GDP. But Amazon isn’t waiting until 2025, or even 2020. Nevertheless, Singapore is an appealing first base for Amazon’s operations in Southeast Asia for multiple reasons.

Regional 148
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Indonesia Levies 10 Pct Tax On Sales From Tech Firms

PYMNTS

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

Taxes 141
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Amazon Faces New Competition In India

PYMNTS

With India expected to be a $1 trillion digital economy by 2025, online retailers all want a piece of the action. However, according to Bloomberg , if a new national eCommerce policy becomes law, it will be harder for these U.S. based retailers to get a stronghold in India.

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Jumia: How The ‘Amazon Of Africa’ Is Navigating A Pandemic-Induced Explosion In Digital Payments

PYMNTS

The only nation in sub-Saharan Africa with smartphone penetration above the global average, according to the Pew Research Center , is South Africa, where 51 percent of the population reports having smartphone. What she said she does believe will be visible is a shift familiar to many Western consumers already: experiential retail.

Payments 240