Subject: US retail's rugged ride; Global e-commerce & mobile payments news roundup

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US retail's rugged ride; Global e-commerce & mobile payments news roundup
US retail is in for a rough ride thanks to tough competitors, Amazon and other online challengers, shifting consumer shopping habits and a heavy debt load. Our post looks at some of the iconic names facing closure and what retailers may need to do to stay alive and thrive.

We also have an excellent roundup of global e-commerce news and mobile payments trends from India, China, the US, UK, Japan and Hong Kong. A report from RBR Research predicts global credit card payments will double from 29 billion in 2016 to 70 billion transactions in 2022. Hang on to your wallets, there's change ahead.
US retail news roundup: A rugged ride

Since shopping and payments are like hand in glove, let’s look at the latest trends in US retail. It’s a rugged ride. More than 5,000 US stores closed in 2017 and the list of struggling retailers in the US is growing. Some of the names are iconic brands.. Read more…
Global e-commerce and mobile payments news roundup

On the mobile payments front, we’ve got stories on instant mobile payments in Japan using Ripple, Hong Kong mobile payments preferences, mobile payments myths in China, UK Co-op in-aisle payments test and whether mobile order ahead/payments in restaurants are stalling. Read more...
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