Sporting goods stores finding success in brick-and-mortar locations
By Frank LoSchiavo
In second quarter earnings reported last week, Nebraska-based outdoor sporting goods stores Cabela's announced it has a $2.3 billion market cap and its stocks traded 83 percent higher than they did at the same time last year, according to Forbes.
The rugged gear merchant is not alone in this trend, as Dick's Sporting Goods has similarly seen a rise in payment processing over the past year, with revenue reaching $5 billion, as reported by Investor Place. The source explains that while sporting goods companies have moved into the ecommerce realm to cater to tech-savvy shoppers, they have continued to earn a sizable portion of their income via face-to-face transactions. Unlike other markets, sporting goods sellers often lure customers into physical stores where buyers can interact with merchandise in person.
As markets continue to evolve to keep up with consumer behavior trends, they might find it's helpful to invest in point-of-sale terminal technology that enables employees to process sales faster and easier.
Related News - Point-of-Sale Terminals
Zero Day for EMV in the United States
The day many U.S. business owners dreaded but expected is finally upon us: October 1, 2015. Zero day for EMV. Today marks the liability shift for point of sale merchants in America. Here’s what you need to know.Full Article
Fraud Prevention Month: Are U.S. Merchants Prepared for the EMV Fraud Liability Shift?
The U.S. is the last major market to migrate to EMV and as of October 1st, 2015, merchants who have not upgraded their payment terminals to EMV capable devices will face liability for incidents of fraud as per the fraud liability shift.Full Article
Survey Reveals Canadian Shopping Habits
The annual BrandSpark Canadian Shopper Study, gives merchants invaluable insights about Canadian shopping habits.Full Article
Pivotal Payments to Exhibit at the NEAA 2015 Winter Conference and Tradeshow
Pivotal Payments will be exhibiting at upcoming NEAA 2015 Winter Conference and Tradeshow, January 20-22nd, at the Westin Boston Waterfront hotel in Boston, MA.Full Article