The inaugural State of Retail Payments 2016 study explores payment priorities, challenges and needs among retailers. NRF and Forrester surveyed U.S. retailers to gain insights into payments-related issues, emerging digital payments and the payment technology investments retailers are making.
Levi Strauss & Co. conducted a pilot of a solution designed to bring in-store retail to new levels of customer satisfaction and inventory management. It started with the retail challenge of tracking in-store merchandise in real time.
When it comes to personalization, retailers can engage consumers in market-defining, sector-differentiating ways. It starts with revisiting the basics, recognizing there might already be more data available than previously thought and carefully considering goals and strategies.
If you think credit and debit cards are about to displace cash for retail transactions, think again. Legal tender accounts for as much as 40 percent of transactions overall and up to two-thirds of purchases under $10. Businesses need effective, affordable cash management solutions.