Three-quarters of United States retailers plan to accept crypto or stablecoin payments within the next two years, according to a new survey published by Deloitte. It also found that more than half of ...
Tag: Retailers
Three-Quarters of US Retailers Expect to Accept Crypto in Two Years
A survey has revealed that 75% of U.S. retail businesses plan to accept payment in crypto or stablecoins within the next two years. And more than half of retailers with a turnover of over $500 million...
75% of US Retailers Considering Crypto Payments over Next Two Years
The study contacted 2,000 senior executives of US retail firms between December 3 and December 16, 2021, during a period when crypto values were still high, but the results were only recently disclose...
Report: 83% of US retailers think ‘digital currencies’ will become legal tender in 10 years
? Want to work with us? CryptoSlate is hiring for a handful of positions! A new Deloitte survey has revealed that US retailers believe that crypto adoption among businesses will rise to a new high as ...
Markdown Mania—TVs, Furniture, Leisure Wear And More—Hits Major Retailers Moving Excess Inventory On Pandemic-Era Goods
Topline Target this week announced it had followed in the footsteps of a host of other major retailers that purchased too much of certain goods—now customers may see major markdowns on goods like appa...
Retailers Are Drowning In Inventory
A man passes in front of a Target Corp. store on Black Friday in Dallas, Texas. Photographer: Laura … [+] Buckman/Bloomberg © 2017 Bloomberg Finance LP TargetTGT is the latest retailer to reveal...
Top Luxury Retailers in Berlin to Accept XRP Payments via Ripple’s Liquidity Hub
– Advertisement – Ripple has partnered with LUNU to foster widespread acceptance of crypto payments. Popular fintech company Ripple has announced a partnership with cryptocurrency payment ...
Retailers Continue to Buy During UST Crash While Large Investors Exit
A stable coin UST ran on the Terra blockchain ( now Terra Classic), was designed to maintain its dollar peg through both algorithms and trading incentives involving another token, Luna. The growth of ...
Deflation Looms for Overstocked Retailers as Household Wealth Shrinks
Deflation Looms for Overstocked Retailers as Household Wealth Shrinks getty To the list of economic headaches plaguing consumers and retailers these days, consider an old truism: what goes up must com...
Small Box Retailers’ War With Local Municipalities Is All About Health
Twenty-five municipalities have put in place moratoriums on new dollar store openings. Florida, Miami Beach, woman shopping in dollar store. (Photo by: Jeffrey Greenberg/Universal Images … [+] G...
Cowen likes these two U.S. retailers ahead of quarterly results
Costco Wholesale Corporation (NASDAQ: COST) is scheduled to report its quarterly results on Thursday. Ahead of earnings, Oliver Chen says he’s bullish on the big-box retailer. Chen’s bull ...
How Do You Create A Resilient Small Business Sales Strategy?
How do small product businesses create a robust sales strategy? getty If ever there was an industry that needs to be resilient, it’s retail. And more than ever, after two years that have been full of ...
Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers
Text size Dollar General and Dollar Tree report earnings next Thursday. Justin Sullivan/Getty Images Dollar General and Dollar Tree report earnings next week, but the stocks got crushed well in advanc...
Big retailers might soon be forced to offer big discounts
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 19, 2022 Today’s newsletter is...
Walmart and Target Miss Quarterly Earnings Estimates, Dramatically
Quarterly quandary: Long on sales, short on profits Getty Images These are “Strange days indeed,” to quote John Lennon. Inflation rates are at a 40-year high yet based on the most recent April spendin...
Dow Falls 900 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures
Topline The stock market selloff resumed on Wednesday amid reinvigorated fears about surging inflation weighing on economic growth, as several major retailers have now reported that quarterly profits ...
Prime Retail Real Estate Is Hot And Retailers Will Pay More For It
West Palm Beach, CityPlace pedestrian mall. (Photo by: Jeffrey Greenberg/Universal Images Group via … [+] Getty Images) Universal Images Group via Getty Images As if retailers don’t have enough ...
VeChain to allow users to use VET token as payment in over two million retailers across 70 countries
VeChain has made a number of announcements aimed at increasing the use and popularity of its native VET coin. VeChain, a supply chain blockchain initiative, has announced a new cooperation with crypto...
Retailers Scramble to Adapt As Inflation; Supply Chain Woes Persist
Retailers Scramble to Adapt as Inflation; Supply Chain Woes Persist getty The rules of retailing are being rewritten as hope fades that inflation will subside any time soon, or that supply chain disru...
Stagflation Threat Is Latest Nail-Biter For Retailers
Stagflation Shutterstock To the list of recent retail industry headaches — COVID, the great resignation, supply chain disruptions, inflation, declining consumer sentiment — we can now add the looming ...
4 Minutes Or Less – What Do Customers Expect During Online Check-Out?
As the competition for e-commerce sales continues to heat up, focusing on converting the customer … [+] quickly is becoming increasingly important. getty Shopping online offers an ease and conve...
Home Retailers Like Brooklinen And Restoration Hardware Have Big Store Expansion Plans
Rendering of Brooklinen’s largest store yet in Los Angeles at 800 14th St., Santa Monica. Brooklinen Visits to home furnishing stores were up significantly from 2019 to 2021, with January of thi...
Retailers, restaurants offer deals for shoppers
A car is pumping gas at a Costco gas station. The conflict between Ukraine and Russia resulted in increased gas prices in the United States in the past two weeks. Michael Ho Wai | Lightrocket | Getty ...
Singapore’s FOMO Pay Introduces New Crypto Payment Solution for Retailers
Singapore-based major payment institution FOMO Pay has introduced a new cryptocurrency payment solution for retailers in the island city-state. The new payment method will allow retailers in Singapore...
How Do Zoomers Pay For Product And Why Does It Matter?
The way that people pay for goods and services has changed across the globe over the last 2 years … [+] and this applies across all demographics – yet Generation Z stands out. This demographic, ...
Jack Mallers Announces Strike Partnering With POS Giants To Allow Bitcoin (BTC) Payments at Major Retailers
The CEO of Lightning Network wallet Strike says the payments platform is teaming up with point of sale giants Shopify, NCR and Blackhawk Network to revolutionize the payments industry. In a speech at ...