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Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often

CFO News Room

There have been more times than not where we’re almost just breaking even on products because of failure to be able to update the pricing,” said Jeff Wachenfeld, who manages two True Value hardware stores on New York’s Long Island. We are printing thousands of new price tags every week,” Mr. Griffin said. Quicklizard Ltd., Best Buy Co.

Retail 130
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Supreme Court Won’t Review Facebook’s Privacy Violation Case

PYMNTS

Patel, centers around the issue of whether Facebook broke the law in Illinois when it instituted a photo-tagging feature that honed in on users’ faces and tagged them against their will. The case, Facebook v. Facebook defended their technology, saying they’ve always given users the ability to turn it off.

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Apple Expands Developer NFC Access To Boost New Use Cases

PYMNTS

The report noted that with iOS 11, Apple began paving the way by adding the Core NFC framework, which allows apps to use the NFC chip as a scanner for RFID tags, although that feature was very limited. The report also stated that a new developer document showed that third-party apps would be able to use the chip.

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Facebook Steps Up Social Commerce For SMBs

PYMNTS

According to CNBC, only businesses participating in Facebook’s Checkout , an invitation-only program that Facebook is testing, will be able to conduct transactions within the network. The transaction can be handled without leaving the app or through a redirect to the business website.

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Apple Is Opening Its NFC Chip To Third-Party Apps

PYMNTS

The report said a new developer document shows that third-party apps will be able to use the chip as well. In the document, it looks like the chip in the latest version of the iPhone can read any tag, not just an Apple Pay tag, and take actions on the tags based on the location of the phone.

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Logistics Can Beat Product (Even Santa Needs Help Sometimes)

CFO Simplified

Companies need to be able to deliver it to the consumer, or all of your efforts are wasted. Large red bags, able to hold product being delivered to individual neighborhoods, should be used so that they can be easily fit into the vehicles used for delivery. But creating a great product is only half of the story.

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Shoppable Photos Create eCommerce Referrals For Retailers

PYMNTS

While the program is still just a pilot, journalists working for Mashable will be able to take a photo of, say, a celebrity and tag elements of his or her outfit with links to similar products available for sale on eBay. By using her music to promote the products, Merchbar was able to tap into her fan base.