article thumbnail

Retail Enabler: CashStar Takes Hassle Out Of Giving, Getting, Returning

PYMNTS

The gift of giving just got a whole lot easier and more digital, thanks to CashStar, a Portland, ME–based prepaid and digital gifting solutions provider. According to data from the National Retail Federation, about 15 percent of holiday sales were returned last year — an estimated $90 billion worth of merchandise.

Retail 100
article thumbnail

CashStar Releases New eGifting Solution

PYMNTS

The gift of giving just got a whole lot easier and more digital, thanks to one Portland, Me.–based Prepaid commerce solutions provider CashStar recently announced the release of its new Product eGifting solution for retailers. based company. Giving presents often drives lower conversion rates but more costly returns.

Portland 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Macy’s Is Hiring 80,000 Employees For The Holidays

PYMNTS

The retailer said that around 23,500 of the seasonal positions will be based in facilities that support online sales, an increase of 5,500 positions compared to 2017. The company also announced its national hiring event for the year, which will take place on Oct.

article thumbnail

Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100
article thumbnail

Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

Quick-service restaurants (QSRs), fast casual eateries and fast-food drive-thrus keep dominating headlines throughout the pandemic as a nation is understandably obsessed with staying fed on lockdown and after, when breathing the open air still feels oddly risky. There’s no way to translate that feeling to an open-air parking lot.

Boston 205
article thumbnail

Shopper Snapshot: Millennial Dads

PYMNTS

And moms are typically our nation’s shoppers. Which is why the results of a recent study from Mintel are so surprising, and make one wonder if we have perhaps been missing out on a group that might just be a distinct and important part of the retail picture going forward. Millennial dads could be the future of retail.

article thumbnail

Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. Indie bookstore Powell’s in Portland, Oregon couldn’t guarantee that the order would be processed until seven to 14 days. And eCommerce success is dependent upon shipping. Therein lies a serious problem.