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Study: Retailers struggle to find omni-channel payment solutions
Austin, Texas - Multichannel selling is a reality for a majority of small-to-medium sized retailers, but payment processing capabilities lag far behind. According to a new research study commissioned by SecureNet Payment Systems and conducted in partnership with First Annapolis Consulting, more than 60% of retailers surveyed already accept payments in more than one channel, but are not well served by the payments industry today.
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Stein Mart works to maintain momentum through fourth quarter
Stein Mart posted strong sales in October, driven partly by upgraded designer and national brands. Total sales for the four-week period ended Nov. 2, increased 6.9% and comparable-store sales increased 5.4%.
For the third quarter ended Nov. 2, total sales increased 6.1% and comparable-store sales increased 4.8%.