2011 – Google Wallet introduced as digital payment method Google Wallet was introduced in 2011 as a peer-to-peer payment service that enabled individuals to send and receive money from a mobile device or desktop computer By linking the digital wallet to a debit card or bank account users can pay for products or services via these devices Source: Census Bureau Shaded areas indicate recessions The Census Bureau recently released its monthly report on retail sales and after a dramatic plummeting in April July retail sales were $536 0 billion up 1 2% from June (seasonally adjusted) and 2 7% above July 2019 If you back out gasoline retail sales were up 0 9% in July

10 eCommerce Trends for 2020

This marks the first time that foreign visitors will be able to use international credit cards to pay with WeChat Pay in China Alibaba Singles Day 2019 the Chinese eCommerce giant's massive 1-day event was headlined by Taylor Swift and broke their previous sales record selling $38 3 billion in 24 hours (approximately 1% of all retail

Apr 08 2020Sales of Small Animal Supplies such as Bedding Food Cages and Treats went up in the US (+274%) Germany (+263%) Spain (+140%) France (+130%) Australia (+101%) the UK (+76%) and Japan (+9%) 5 Baking Items According to Google Trends searches for ''banana bread" have gone up 54% globally in the last month One of many good old

And possibly more depending on your views on extraterrestrial retail 2 Effectivity (Retail Conversion Rate) Alright we already had to distinguish retail visitors and retail customers Some visitor doesn't buy anything It's rather unlikely in a big shopping mall but very common in

Sep 10 2019How to research salary salary calculators salary surveys salary comparisons basically all things salary online is one of the most frequent requests for information received by the Society for Human Resource Management (S) It makes sense when you consider the importance of salary to attract talented people retain key employees and maintain an excited motivated workforce

The retail industry is easy to define at the highest level - it is the selling of consumer goods or services to the end buyer Individual consumers and families - me you and all our friends However the enormous size of the industry and the breadth of the types of goods and services that are being sold are a little harder to get our arms around - it's estimated that 2/3rd of the U S GDP

Competition Heats Up In Buy Now Pay Later

2 Citi envisages potential for 2-3 players to co-exist but as is the case with most online verticals this is a winner takes most market Furthermore PayPal's entry to BNPL could shake up the segment as it has a ubiquitous presence in the US and 190m active accounts

Dec 03 20185 Payments Everywhere The payments industry has been and will continue to be one of the most dynamic areas of innovation in the banking industry Impacted by changing consumer expectations and driven by technological advances innovation will continue to come from traditional financial institutions fintech firms and big tech players

Retail property—a booming global market In 2018 the total volume of retail sales rose by +1 5% in the eurozone (source: Oxford Economics) This progression should continue in 2019 and investors are not letting the opportunity slip by Between October 2017 and September 2018 €56 billion were invested in retail (+1%) The asset class

Jan 28 2013It's the new normal: big companies are paying their bills late later and latest When economic hard times hit in 2007–2008 CFOs and finance departments felt pressure to improve their organizations' working capital positions The longer companies could hold on to cash the more liquid they were and the safer they felt

Disruptive forces can cause dramatic reversals The retail and consumer-packaged-goods (CPG) sectors have seen such reversals in the past 15 years In 2000 Kmart was the third-largest US retailer with $36 billion in sales by 2014 its annual revenues had declined by two-thirds

2 "Old payment methods that are still kicking around because they are still pretty good for a majority of consumers 75 77 and 74 percent of Samsung Pay Apple Pay and Google Pay users said they either use a credit or debit card as their default payment method respectively for mobile payments in a report by Deloitte in 2019

3 Blockchain will shake things up 12 4 Digital becomes mainstream 15 5 'Customer intelligence' will be the most important predictor of revenue growth and profitability 17 6 Advances in robotics and AI will start a wave of 're-shoring' and localisation 20 7 The public

We estimate that the global retail market will reach $25 038 trillion in 2019 an increase of 4 5% and slight acceleration in growth vs the prior year At the same time it represents a marked decline from the five years preceding that when global retail sales grew between 5 7% and 7 5% each year

Consumer product trends 2020

Jun 25 2015For instance 16 percent of consumers are willing to pay more than a 10 percent premium for healthier versions of products while 55 percent are willing to pay up to 10 percent more 8 In this uncertainty the basis upon which brand loyalty is formed is weighted toward characteristics beyond product taste performance or price Of course not

3 Blockchain will shake things up 12 4 Digital becomes mainstream 15 5 'Customer intelligence' will be the most important predictor of revenue growth and profitability 17 6 Advances in robotics and AI will start a wave of 're-shoring' and localisation 20 7 The public

This marks the first time that foreign visitors will be able to use international credit cards to pay with WeChat Pay in China Alibaba Singles Day 2019 the Chinese eCommerce giant's massive 1-day event was headlined by Taylor Swift and broke their previous sales record selling $38 3 billion in 24 hours (approximately 1% of all retail

Aug 31 2020A determination to educate its customers on the importance of eating locally produced seafood has got new U K fishmonger business Cormacks Seafood off to a flying start Opened on 28 July in Totnes Devon the start-up shop is one of many seafood businesses in the United Kingdom to have turned its

Apr 08 2020Sales of Small Animal Supplies such as Bedding Food Cages and Treats went up in the US (+274%) Germany (+263%) Spain (+140%) France (+130%) Australia (+101%) the UK (+76%) and Japan (+9%) 5 Baking Items According to Google Trends searches for ''banana bread" have gone up 54% globally in the last month One of many good old

Aug 31 2020A determination to educate its customers on the importance of eating locally produced seafood has got new U K fishmonger business Cormacks Seafood off to a flying start Opened on 28 July in Totnes Devon the start-up shop is one of many seafood businesses in the United Kingdom to have turned its

To analyze your sales trends you can use Microsoft Excel or a business analytics platform With many available online resources mangers can use Excel to create customized dashboards of their sales trends Just keep in mind the amount of time and effort you'll

Here are three trends powering its rise 1 Digital transformation One reason Sun Art Retail has done well despite e-commerce's rise in China is because it has had help from an e-commerce company in Alibaba In November 2017 Alibaba bought what was then 36 17% of Sun Art Retail for HK$22 4 billion