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. |