A recent geomarketing study conducted by a leading omnichannel communications company found that 60% of consumers used their mobile devices to search for information about local stores, and 40 % did so while on the go.
Additionally, surprisingly, 7 in 10 individuals said they would have been…
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Retail
Cryptocurrencies and retail businesses will get along
The Director of Technology (CTO) of the Walmart store and warehouse chain, Suresh Kumar, spoke about the role that cryptocurrencies are having within businesses and payment systems in general.
During Yahoo Finance!'s All Markets Summit…
BIS to launch an intelligence platform for cryptocurrencies
The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital…
Amazon closes its physical bookstores in the US and the UK
Major e-commerce company Amazon said it plans to close dozens of brick-and-mortar bookstores and other retail stores to focus on groceries and tech. The decision affects a total of 68 stores in the United States and the United Kingdom…
German retail is a Christmas catastrophe
German retail was disappointed again this year with the volume of sales in physical stores this Christmas season. "For the second time in a row, the Christmas season was a catastrophe for retail," said Stefan Genth, general secretary of the…
Economic confidence in the euro area suffers the first fall of the year in August
Confidence in the evolution of the euro zone economy registered a moderate correction in August from the maximum of the last 21 years registered last July. It represents the first setback in the figure so far this year, before supply chain…
Fidelity, the option to request loans in BlockFi
The crypto arm of the asset management conglomerate, Fidelity Digital Assets, has presented institutional clients with the option of using bitcoins as collateral to apply for cash credits through the lender BlockFi.
The information was…
ILO estimates pandemic will affect 195 million jobs
The International Labor Organization published in a report last Tuesday that the global labor market will be strongly affected, to the point of suffering a loss of 6.7% of working hours in the second quarter of 2020, which is equivalent to…
Apple will use drones to monitor customer deliveries
Security is a fundamental aspect in any commercial transaction, either in physical establishments or via electronic commerce. The retail giant, Amazon, recently announced its intention to use a patent that will allow it to use drones to…
Peru inaugurates crypto minimarket
The world is currently experiencing the cryptocurrency boom. The economy and finance is facing an increasing adoption of payment systems with bitcoin, dash, litecoin, ethereum, ripple and other cryptographic currencies.
Peru is inserted in…
Venezuela tests a new exchange system
The new exchange system came into force in Venezuela on May 13th. The banks registered in the dynamics have made transactions with caution, to observe how the market develops.
In this regard, we consulted the economist Jorge Kamenar,…