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- Making Payments Personal: How Tailored Experiences Drive Sales and Retention
Making Payments Personal: How Tailored Experiences Drive Sales and Retention
How can personalized payment experiences drive increased sales, boost customer retention, and enhance overall satisfaction?
š¢ Hey, Retailist Roundup readers! As the busiest shopping season of the year quickly approaches, letās explore the latest buzz in retail and e-commerce!
News from Retailist
āTo create an effective checkout experience, itās essential to eliminate friction, offer secure and convenient payment options, leverage context-driven personalization, and maintain strong branding,ā writes Donal McGuinness, CEO of Prommt
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In the news: Top headlines this week
Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target. This holiday season, cautious consumers are prioritizing deals, using mobile phones to compare prices on popular items like apparel, electronics, and toys. Despite this, Walmart raised its annual sales and profit outlook, noting most customers are sticking to their holiday plans. [Reuters]
Lower turkey costs set table for cheaper US Thanksgiving feast this year. Thanksgiving dinner costs have dropped 5% from last year but remain 19% higher than pre-pandemic levels, with the average meal for 10 priced at $58.08. Turkey prices, at $25.67 for a 16-pound bird, fell 6%, contributing to the overall decrease. [Reuters]
Itās a shorter holiday season. Does that matter? Holiday deals are starting earlier this year, with major retailers like Amazon, Target, and Walmart launching fall sales as the season's kickoff. The shift is key for retailers facing fewer selling days between Black Friday and Christmas. [Retail Dive]
Google Lens can now tailor search results to the store youāre in. Google Lens now provides in-store shoppers with tailored search results, including product details, reviews, price comparisons, and similar in-stock items, enhancing the shopping experience. [Retail Dive]
Walmart may have to raise some prices if Trump tariffs take effect, CFO says. Walmart and Lowe's executives warn that new tariffs could lead to higher prices, with Walmart exploring price increases and Lowe's discussing cost impacts with suppliers. [CNBC]
Job Board: This weekās Top Openings in DTC, RetailTech, and more
Want to submit a role to our talent board? Email [email protected].
Paid Marketing Manager (Chicago, IL) Green Thumb - more here
Logistics Specialist (Pico Rivera, CA) Million Dollar Baby Co. - more here
Senior Regional Channel Account Manager (Tyler, TX) Optimum - more here
Commercial Finance Business Analyst, NA (Austin, TX) Ooni Pizza Ovens
- more here
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