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China To Displace US As Leading Retail Market

PYMNTS

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. through 2022.

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PYMNTS’ 2016 Roundup: Retail Edition

PYMNTS

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. These are companies like Adore Me (lingerie), Green Goo (personal care), Shift (used cars) and Misfits Market (produce). The numbers speak for themselves.

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Augmented Reality Adds 3D Technology To Boost Retail Conversions

PYMNTS

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work in my space? What are the details?

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Retail Rents Set To Rise In 2016

PYMNTS

After years of slow growth brought on by the financial crisis, retail rents are recovering and are on the rise. As of Q1 2016, vacancy rates were hovering around 10 percent in 80 major U.S. As of Q1 2016, vacancy rates were hovering around 10 percent in 80 major U.S.

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India’s Retail Market Set To Reach $38B In 2016

PYMNTS

The retail sector in the region grew by 209 percent from $4.4 According to recent data from the Associated Chambers of Commerce & Industry of India, the country’s eCommerce economy will reach $38 billion in annual sales by the end of 2016. billion in 2010 to $13.6 billion in 2014, more than tripling in fewer than five years.

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Things worth reading: 1st July 2016

Chris Skinner

Things we’re reading today include … Markets shift after Carney speech Visa, MasterCard $7.25 Things we’re reading today include … Markets shift after Carney speech Visa, MasterCard $7.25

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