article thumbnail

Walmart Steps Up Ecommerce Investment With Cross-Border Commerce and NFT Projects

Retail TouchPoints

marketplace, while CNBC has reported that the company plans to create its own cryptocurrency and collection of NFTs. Additionally, selected sellers can utilize Walmart Fulfillment Services to take advantage of Walmart’s warehousing and delivery infrastructure in the U.S. Ecommerce in February 2022.

article thumbnail

Report: GameStop Closing Kentucky Distribution Center, Potentially Affecting Hundreds of Jobs

Retail TouchPoints

In December 2022, GameStop laid off an unspecified number of workers but with a greater impact on the cryptocurrency side of the business. The retailer launched an NFT marketplace in late October 2022, but CEO Matt Furlong stated that it has “minimized exposure to cryptocurrency risk throughout the year” in a Dec.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Turn Innovation into Action: Top 10 Takeaways You’ll Get From #RIC21

Retail TouchPoints

Wondering whether BNPL, cryptocurrencies and NFTs will have staying power or are passing fads? Brick-and-mortar locations are still essential parts of the shopper journey, but they need to be reconfigured to accommodate both shopper discovery and functions like flexible store-based fulfillment. 17 from 1:20 to 2:10 p.m.

article thumbnail

Digital Wallets and Cryptocurrency: DTC Brands Must Prepare for the Future of Money

ESW

Whether you love it or are indifferent, cryptocurrency is here to stay — for better or for worse. The question has as much to do with other forms of digital payment processes as it does with cryptocurrency itself. What Cryptocurrency and Digital Wallets Can Offer Brands. Bitcoin turned 10 years old in 2018.

article thumbnail

5 Ways NFTs are Creating a New ‘Metaverse’ for Digital Engagement & Commerce

Retail TouchPoints

Although NFTs, or non-fungible tokens, have garnered a lot of buzz in cryptocurrency circles, executives in potentially impacted industries — namely retail and digital media — have questioned their staying power. NFTs fulfill a need that was previously unmet,” Gabor said in an interview with Retail TouchPoints. “On

Arts 273
article thumbnail

How to Sell NFTs on Shopify – The Complete Guide

Ecommerce Platforms

There are various use cases for cryptocurrencies and the technology that powers it, the blockchain. Until recently, NFTs could be purchased on specialized yet obscure NFT marketplace spaces that mostly sold them through cryptocurrency. You can also add alternative payment methods such as cryptocurrencies to your Shopify store.

Shopify 129
article thumbnail

Coinbase Commerce Review (Sep 2021): Everything You Need to Know

Ecommerce Platforms

Coinbase Commerce is a merchant payment solution that helps online businesses accept cryptocurrency payments. This provides it with the foundational functionality of traditional payment providers but with the major difference of handling cryptocurrency payments. Coinbase Commerce Review: What Does Coinbase Commerce Do?