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Tag: losing

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?

As “buy online pickup in store,” or BOPIS, grows in popularity for consumers, it is also becoming an enticing platform for fraudsters. Retailers are facing a new set of challenges with click-and-collect services that many are not prepared to handle. Although it is hard to compare the rates of fraud in BOPIS to other channels, …

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?Read More

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?

As “buy online pickup in store,” or BOPIS, grows in popularity for consumers, it is also becoming an enticing platform for fraudsters. Retailers are facing a new set of challenges with click-and-collect services that many are not prepared to handle. Although it is hard to compare the rates of fraud in BOPIS to other channels, …

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?Read More

Starbucks, Coffee Bean & Tea Leaf are losing to local Vietnam chains

As the world’s second largest coffee exporter, Vietnam knows its coffee. The country is famous for a thick, heavy brew sweetened with condensed milk. Vietnamese coffee drinks are brewed with robusta beans, which have a sharper, bitter flavor and higher caffeine content than more mild arabica beans. Robusta beans are available all over Vietnam, whereas …

Starbucks, Coffee Bean & Tea Leaf are losing to local Vietnam chainsRead More

Black Friday is losing its clout, more bad news for department stores

Black Friday isn’t quite the deal frenzy it used to be. Retailers have been touting bargains for weeks. With more shopping moving online, it has only become easier to compare prices, and so the lure of doorbuster deals is losing its grip on shoppers. That only means more bad news for a group of retailers …

Black Friday is losing its clout, more bad news for department storesRead More

Indian banks risk losing $9billion revenue to e-wallets by 2025, Retail News, ET Retail

As much as 14 per cent of Indian banks payments revenue, or $9 billion, is likely to be displaced by the growth of digital payments and competition from non-banks, an Accenture report said on Thursday. “With the digital boom as payments become more instant, invisible and free, banks need to reinvent themselves to grow customer …

Indian banks risk losing $9billion revenue to e-wallets by 2025, Retail News, ET RetailRead More