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Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy

PYMNTS

As the holidays grow closer, American Express says research has shown that social media promotions and engagement could be a big boost for this year's Small Business Saturday event, according to a press release. The majority of those businesses included restaurants, with retail close behind.

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Upscale UK Retailers Look To Land In US Market

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s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

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Today In Data: Building A Better Self-Service World

PYMNTS

Increasingly, it seems retailers need not only ask what they can do for their consumers, as those consumers want to be doing it on their own. Data: 96 percent: Share of social media-based merchants that attribute their success to digital payments. 38 percent: Share of online bill payments made through banking apps in 2010.

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

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Five At Five: Facebook Makes Its Augmented Reality Move

PYMNTS

Walmart and Amazon expand their retail and fulfillment options, and there is a new credit score feature for small businesses. Releasing AR headsets would put the social media giant in direct competition with AR startups like Magic Leap and Thalmic Labs — to say nothing of Microsoft. Facebook Developing AR Glasses.

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Coronavirus: AliExpress Warns Of Potential Delays; Marketplaces Tackle Overpriced Listings

PYMNTS

It noted in a social media post per the report, “Some shipping and logistics are experiencing longer waiting times for processing orders.” AliExpress was rolled out in 2010 and is especially popular in the U.S., Brazil, Russia, France and Spain, with merchandise like wireless headphones and jeans.

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Here’s What IBM Thinks Retail Will Look Like In 2020

PYMNTS

The rise of eCommerce , the push toward omnichannel shopping platforms, the increasing relevancy of social media on shopping habits and the development of the Internet of Things to plumb every last morsel of data on customers and what they spend money on are all rapidly and drastically altering the face of retail.

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