San Francisco startups vie for checkout dominance
In the checkout arena, it’s a battle of speed, and two San Francisco-based startups with four-letter names are angling to make buying quicker and more convenient for consumers. Bolt, an almost eight-year-old company that’s raked in $963 million in venture...
Automation beckons retailers as labor challenges endure
To help deal with a persistent labor shortage that has severely tested their ability to keep stores staffed and stocked, grocers are stepping up efforts to mechanize a range of essential tasks that historically have been handled by people. This includes adding more...
Amazon Go convenience stores are headed to suburbia
Dive Brief: Amazon is planning to launch a new convenience store format aimed at suburban shoppers, the retailer announced Tuesday. The first of the new retail locations, which will sport the Amazon Go name and offer grab-and-go foods, beverages and everyday...
5 ways to increase ecommerce revenue
In pre-pandemic days, window shopping consisted of walking by storefronts with no intention of buying. Now, a new generation of window shoppers have emerged as U.S. eCommerce sales totaled a record-shattering $469.2 billion in 2021: shoppers adding items to their...
Juniper Research: eCommerce Payment Transactions to Exceed $7.5 Trillion Globally by 2026, as Omnichannel Retail Momentum Accelerates
BASINGSTOKE, England–(BUSINESS WIRE)–A new study from Juniper Research has found that the value of global eCommerce payment transactions will exceed $7.5 trillion by 2026, from $4.9 trillion in 2021. This growth rate of 55% over the next five years will be...Other articles
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