By the end of October 2014, at the end of a 3-month transition period, all credit card transactions requiring verification will require a PIN to be entered to complete the purchase.
Sales no longer need to stop when closing your store at the end of the day thanks to a new Australian-made app that gives merchants the ability to sell items from their physical store even when it's closed.
SPECIAL FEATURE: New online tricks mean retailers can follow potential customers around the internet, continuously encouraging them to return to make a purchase. It's called 'retargeting' and can be polarising.
Although it is satisfied with its experiment in regional franchising, Williams-Sonoma has decided to focus on global expansion programs based on subsidiaries.
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The future is bright for bricks and mortar retailers who integrate technology into their store processes while still connecting with consumers on an emotional level, says Dr Nadia Shouraboura, a Soviet-born mathematician turned omnichannel retail pioneer.
The announcement today of a modest rise in the Consumer Price Index (CPI) is likely to lead to the Reserve Bank (RBA) keeping interest rates on hold on the first Tuesday of next month (August), according to leading analysts and economist.
The Australian Retailers Association (ARA) has welcomed the abolition of the carbon tax, which was repealed after being passed by the Senate 39 to 32.
The ACCC has greeted the repealing of the so-called Carbon Tax by warning wholesalers and retailers of their legal obligation to pass through savings caused by this removal onto the customer.
Clothing is big business in the mass channel, as evidenced by Mix Apparel drastically increasing its ranging this week through Coles supermarkets. Mix is now in 50 new Coles outlets, bringing its total store count to 132.