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Physical experience, digital convenience: The future of retail

CIO

The future of retail is “phygital,” as every retail and ecommerce publication on the internet is screaming right now. Physical retail and ecommerce are increasingly blending together – and becoming indistinguishable in many cases. Worldwide ecommerce sales are at 20% of total retail sales, while the figure is 15% for the US.

Retail 590
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Pioneering 5G Acceleration, Indonesia Marks a Revolutionary Digital Era Through Its First 5G Warehouse

CIO

“The presence of Huawei 5G Smart Warehouse can be a wake-up call as well as a prime example for the entire ecosystem to be able to immediately integrate 5G technology in digitalization which manifestly presents breakthrough solutions that are beneficial not only for the logistics industry but also various other sectors,” Ismail said.

IT 662
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Consumers Want More Payment Flexibility in Their Shopping Experience

CIO

The 2022 Global Digital Shopping Index from Cybersource, a Visa solution, clearly showcases U.S. The 2022 Global Digital Shopping Index from Cybersource, a Visa solution, clearly showcases U.S. Often, digital wallets also leverage solutions to protect sensitive payment data. Partnering with Cybersource makes that possible.”.

Retail 617
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How online retailers can harness live shopping on social media with modern commerce — and boost massive growth

CIO

These solutions, built for the desktop eCommerce era, lack the flexibility and scalability needed for spontaneous and high-volume sales powered by live shopping. During the COVID-19 pandemic, Kmart handled three times the online volume compared to pre-pandemic levels, and still, their eCommerce infrastructure was twice as fast.

Commerce 614
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Building your own web application platform is locking you in

CIO

One proven way to ensure a robust, flexible, and streamlined solution is to invest in a standardized front-end platform you can build on. While you can foster the loyalty of your employees by investing in them—it’s never as predictable as paying a fee for an always-available, all-in-one solution. Here’s why. To build or not to build?

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Unattended Commerce in the Age of Digital Payments

CIO

Using a suite of payment and fraud management solutions from Cybersource, a Visa solution, the store’s payment platform enabled customers to order online or via a mobile app and pick up their pizza using a QR code at the brand’s exclusive Pizza Portal, a heated, self-service mobile order pickup station located in the lobby of each store.

Commerce 610
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Software vendors offer AI sales boost for retail at NRF show

CIO

In its Predictive Demand Planning solution, SAP is using a self-learning model to provide longer-range forecasts, alert users to the root causes of forecast changes, and make recommendations. It’s using AI to simplify stock replenishment and order management in physical and online stores.

Retail 659