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Retailers suffer as Indonesians choose travel over shopping

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 Insights

07-Feb-18 Following in the footsteps of Debenhams, Clarks and Gap are counting their last days in Indonesia, following sales declines of 50% from 2015. However, while household consumption continues to decline, domestic airline passengers in 2017 grew 11% from 2015. [image:Wataru Suzuki / Nikkei Asian Review]

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The secret engine of Alibaba's 'new retail' plans

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 Insights

01-Feb-18 "New retail" is Alibaba's latest buzzword. It refers to combining online and physical retail into a seamless, data-driven consumer experience, and is starting to give rise to new businesses such as cashierless convenience stores and automated pickup centers. [image: AP / Nikkei Asian Review]

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Verifone introduces remote payments in the US

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 Insights

15-Jan-18 To further enable merchants to accept payments from anywhere as seamlessly as possible, Verifone launched its e280 mobile-point-of-sale (mPOS) solution in the US, allowing store-owners to accept payments anywhere in the store or enable self-checkout kiosks. [image: PYMNTS.com]

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