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Online Mattress Retailer Casper Sleep Files IPO

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According to its Securities and Exchange Commission stock registration statement, as cited by CNBC , the online mattress retailer said it lost $73.4 million in 2017 and $92.1 The funding was to be used to help power its global growth in addition to the spread of its physical retail stores. million in 2018.

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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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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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AI/BOTS: Machine Learning Tips Online Fraud Scales

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Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. In 2016, online financial fraud hit 15.4 In a sense, machine learning is the autopilot for the digital arena.

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Deep Dive: How Buy Online, Pickup In Store Helps Retailers Compete Against Delivery Giants

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Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. Quick Access and Impulses.

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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

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The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. Securities and Exchange Commission (SEC). Within that, how much is online? Why should luxury fashion be any different?

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Holiday eCommerce Fraud Attempts Jumped In 2017

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Attempts to commit online fraud jumped during the holiday season, increasing 22 percent from Thanksgiving to December compared to a year ago. ACI said peak fraud days are typically driven by shipment cutoffs, levels of consumer traffic and transactions that are purchased online and picked up in stores. percent, up from 1.26

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