Entries by brp

Survey: 8% of US Retailers Plan to Accept Bitcoin in the Next Year

CoinDesk – An online survey has found that 8% of US retailers say they are planning to accept bitcoin within the next 12 months. The data, collected by Boston Retail Partners, after surveying 500 retailers across the US, showed that none of the businesses were currently accepting bitcoin, whilst 5% have plans to adopt it within three years.

Lane Crawford reinterprets wardrobes for spring

Luxury Daily – Chinese department store chain Lane Crawford is introducing new collections with its Reinterpret spring/summer 2015 campaign, urging consumers to update their wardrobes before summer.

The campaign highlights a carefully curated selection of the latest collections, including brands such as Vera Wang, Stella McCartney and Marni. It calls for consumers to “recreate,” “reinterpret,” “reform,” “refresh,” “reconstruct” and “reshape” their style with the coming change in season.

Nearly half of all retailers plan to adopt Apple Pay by next year

Business Insider – Apple Pay looks to upend the payments industry with its secure, easy-to-use system that lets you pay for goods with a simple fingerprint scan. And though it’s not available at most retail stores, a new survey from Boston Retail Partners says nearly 40% of all large US retailers plan to support Apple Pay by the end of next year.

Apple Pay will be embraced by 38% of major retailers by end of 2015, study claims

Venture Beat – Apple Pay works great, but some have wondered why retailers would want to use the technology when it involves buying new point of sale systems, retraining employees, and still having to pay transactions fees to the credit card companies.

About eight percent of large retailers in the U.S. now support Apple Pay, according to a survey by Boston Retail Partners. BRP believes, however, that 38 percent of large retailers in North America will be supporting Apple Pay by the end of this year, and that Apple Pay will be the most widely used mobile payments platform among large retailers.

Apple Pay projected to crush PayPal at big box stores in 2015

Cult of Mac – Apple Pay has already become the fastest growing mobile wallet but the only thing holding it back is the limited number of retailers that accept it. A new study has found that PayPal is still leading the mobile payments race with 13% of retailers accepting it more than any other alternative payment type.

Apple Pay will be used in 38% of large retailers by end of 2015 (research report)

Apple INVESTOR News – to the survey by Boston Retail Partners, 56 percent of large retailers also believe they’ll be supporting Apple Pay by the end of 2017. Apple Pay works great, but some have wondered why retailers would want to use the technology when it involves buying new point of sale systems, retraining employees, and still having to pay transactions fees to the credit card companies.

Is it time for e-mailed receipts?

Retail Wire – According to Boston Retail Partners’ 2015 POS/Customer Engagement Benchmarking Survey, only 10 percent of the more than 500 top North American retailers they polled currently offer electronic receipts with personalized suggestions. Still, 35 percent more plan to implement the offering within 12 months and another 35 percent plan to add e-receipts with personalized offers within one to three years.