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Archive of month: 2018

Tuning Up for Upcoming Generation Z of Shoppers

As featured in Payments Journal on July 5th, 2018. As the successor to Millennials, Generation Z will represent 40 percent of all consumers by 2020, according to the December 2017 Accenture Report. Understanding the upcoming generation will be critical for retailers to attract shoppers in the next decade and beyond. Gen Z consumers are digitally savvy and […]
6 years ago

Steady 6.5% Growth Rate Projected for China for Second Half

As featured in Womens Wear Daily (WWD) on May 30th, 2018. Author Vicki M. Young | BUSINESS / FINANCIAL Growth of the middle class will boost sales of higher end goods, including luxury items. While the growth trajectory of China’s economy is easing a bit, it’s still higher than that of its more mature counterparts in the West. […]
6 years ago

Trump’s Threats to China will Fracture Payments Partnerships First

As featured in PaymentsSource on March 29, 2018. https://www.paymentssource.com/news/trumps-threats-to-china-will-fracture-payments-partnerships-first By John Adams, Executive Editor of PaymentsSource   President Trump’s isolationism is colliding head-on with a lucrative trend of Chinese tourists coming to the U.S. looking — and payments companies are caught in the crossfire. Trump’s recently announced tariffs on about $50 billion of Chinese imports are […]
6 years ago

Should Retailers Ride the Cryptocurrency Roller Coaster?

As featured in Total Retail on March 19, 2018. https://www.mytotalretail.com/article/should-retailers-ride-the-cryptocurrency-roller-coaster/ By Amitaabh Malhotra Cryptocurrency may be the future of money, but it’s a tough sell in the retail world right now, and for good reason. The most familiar cryptocurrency unit, bitcoin, has been on a roller-coaster ride for the past few months, rising to a […]
6 years ago

Retailers Dabble in Selling With Bitcoin

As featured in Apparel News on February 8, 2018. By Andrew Asch https://www.apparelnews.net/news/2018/feb/08/retailers-dabble-selling-bitcoin/ Maya Reynolds         Since August, designer Maya Reynolds, whose brands include Clade and Uncommon Thrds, has ventured into the cryptocurrency world by doing a handful of sales in bitcoin. It started with an inquiry from a client who wanted to pay for a […]
6 years ago

The Future Is Now: Transforming The Retail Experience

As featured in TWICE on February 5, 2018. https://www.twice.com/blog/six-technologies-transforming-retail-experience BY AMITAABH MALHOTRA, OMNYWAY   As 2017 drew to a close, headlines blared phrases like “retail Apocalypse” and “tsunami of store closings” that painted a dire picture for the future of retail. According to commercial real estate firm Cushman & Wakefield, more than 12,000 stores are expected to close this year (up from […]
6 years ago

LG Pay Brings More Questions Than Answers

As featured in Mobile Payments Today on November 20, 2017. https://www.mobilepaymentstoday.com/articles/lg-pay-brings-more-questions-than-answers/ Jan. 16, 2018 | by Will Hernandez Last week brought with it yet another announcement about a new mobile wallet launching in the U.S. LG Electronics plans to launch its mobile wallet service — LG Pay —  in the U.S. by July 1, almost a year after the system first […]
6 years ago

4 Secrets To Boosting Retail Revenue By Catering To Foreign Tourists

As featured in Retail TouchPoints on January 5, 2018. By Amitaabh Malhotra, Omnyway   Tourism is big business in the U.S. In 2016, 75.6 million international visitors came to the United States and collectively spent $244.7 billion across the country. For many tourists, the U.S. is considered a shopping destination for luxury goods. Why? Mostly because they may not […]
6 years ago
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