From March 2016

Will Your Store Be Around in Ten Years?

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With market shares getting smaller and greater concentration on ecommerce, what are the chances of your store’s survival in these turbulent retail times? First of all, the most successful stores have established such a strong brand identity and niche, and have attracted such a loyal customer base, that competitors might find it difficult to duplicate. Wal-Mart, L.L....

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Retailers Slow to Adopt EMV Technology

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EMV chip cards gained a lot of momentum last year, and they have the potential to virtually eliminate counterfeit credit-card fraud at the point of sale, a crime that accounts for most credit-card fraud. As of the beginning of the year, over 70% of Americans had at least one chip card in their wallet. Mobile payment applications like Apple Pay, Samsung...

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Etailers Get Physical

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Once again, the physical element of the brick-and-mortar format can’t be ignored. ModCloth, an online only retailer for 13 years, opened its first physical store toward the end of 2015. Soon after, it learned the benefits of having a physical presence and ways to improve upon the winning online formula it had. CEO Mike Kansas said customers immediately indicated what...

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