The landscape of payment technology has evolved rapidly, driven by an increasing need for security and efficiency in transactions. As businesses and consumers adapt to these changes, EMV POS (Point of Sale) terminals have emerged as a pivotal tool in ensuring secure payment processes. This article
Urban Outfitters, Inc. (URBN), a key player in the retail industry, is doubling down on its commitment to Nuuly, its burgeoning rental clothing brand. By channeling substantial investments into logistics and automation, URBN aims to set the stage for Nuuly’s expansive growth. These efforts reflect
Retailers increasingly face a persistent issue known as "phantom inventory," where system records show items as available that are not actually in stock. This discrepancy can lead to lost sales, customer dissatisfaction, and a cascade of operational headaches. Enter RELEX Solutions' True Inventory,
Prime Big Deal Days has become a major event for Amazon shoppers, promising huge savings and great deals. However, with the surge in shopping activity, there is also an increase in online scams targeting eager consumers. This article will provide insights on how to identify and avoid these scams,
In an era where traditional retail brands struggle to keep pace with technological advancements, FabIndia stands out as a compelling case study in digital transformation. At the center of this transformation is Dr. Vivek Rastogi, the Chief Technology Officer (CTO) whose visionary leadership and
Poshmark, a well-known online marketplace for new and pre-owned clothing, recently unveiled a significant overhaul of its fee structure, a move touted as a step toward simplifying fees and potentially boosting sellers' earnings. However, the reaction from the Poshmark community has been
Frate, a startup based in Toronto, has captured notable attention in the retail industry by securing C$3.6 million in an oversubscribed seed funding round. This funding effort was led by an array of influential investors, including Matchstick Ventures, 2048 Ventures, Whitecap Venture Partners,
As the holiday season approaches, consumers and retailers alike brace for what promises to be a phenomenal surge in online retail sales. According to a report by Adobe Analytics, online holiday sales in the U.S. are projected to reach an unprecedented $240.8 billion from November 1 through December
The Bank of Canada (BOC) recently made headlines with its decision to scale back its work on a retail central bank digital currency (CBDC) in favor of more immediate priorities. This pivot represents a significant shift in focus and highlights the bank's pressing need to address broader payment
Pepco Group, a notable European discount retailer with brands like Pepco, Dealz, and Poundland, recently reported a mixed financial performance for the fourth quarter of its fiscal year. The company achieved growth in overall fiscal year revenue through new store openings but encountered a drop in
