Retail
A dozen Bitcoin ATMs installed at the largest EU electronics retailer
Austrians have “sufficient funds” for more Bitcoin ATMs — that’s the verdict that MediaMarkt, a German electronics retailer, reached following a successful Bitcoin ATM pilot in Austria. MediaMarkt has rolled out Bitcoin (BTC) ATMs in 12 branches across the country, including Seiersberg and Klagenfurt. Confinity and its spinoff ATM company, Kurant, manage over 200 Bitcoin ATMs in Austria, Germany, Spain and Greece. Kurant’s Head of Marketing & Sales, Europe, Thomas Sperneder told Cointelegraph: “MediaMarkt stores across the country have been equipped with Bitcoin vending machines. In total, these are now present in twelve markets and enable the simple and secure purchase of cryptocurrencies.” A Bitcoin ATM in Austria. Source: Kurant A successful pilot project fea...
US investors realized 6X more crypto gains in 2021 than next country
Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. According to a report by Chainalysis, crypto investors in the US accrued a record $46.9 billion in realized gains throughout 2021, leading the rest of the world by a wide margin. The US is followed at quite some distance by the UK at $8.1 billion and Germany on $5.8 billion. Total realized cryptocurrency gains 2021: Chainalysis. The report comes as global cryptocurrency adoption continues to gain widespread traction. The US witnessed a massive increase in adoption and realized gains, with the total estimated gains for 2021 up 476% from $8.1 billion the year before. Special mentions were given to countries that outperformed ...
Owner of PEP SA Adopts 3D Technology to Take Shopping into the Future
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Australian Retail Directions to Partner with South Africa’s Vexall
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Famed Ernest Tubb Record Shop in Nashville Up For Sale
The downtown Nashville record store that was opened by Opry legend Ernest Tubb in 1947 and has been a landmark in country music for decades will close as the building is being put up for sale. The owners of the Ernest Tubb Record Shop said in a statement on Friday (March 11) they were heartbroken that the store, which has been in its current location on Broadway since 1951, will close in the spring. The building and store is owned by the Honky Tonk Circus, LLC and the David McCormick Company, Inc. Explore See latest videos, charts and news “Our goal has always been to protect, promote and preserve the great history of the record shop and building. That desire remains as strong today as ever,” the owners said in a statement. “However, due to changes in circumstances out of our control, it’s...
Woolworths Set to Expand its Delivery Services in South Africa
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Don’t Call It a Comeback (Yet): How 2022 Could Determine the CD’s Fate
Two years ago, the long-running New England comic book and music retail chain Newbury Comics made an unexpected change: They created more space for CDs. “It was right before the pandemic started, after the 2019 holidays,” Newbury Comics senior buyer Larry Mansdorf tells Billboard on the decision to increase their in-store square footage dedicated to CD space. At that point, U.S. CD sales were steadily plummeting — as they had been for a decade and a half — but Mansdorf saw clear evidence of growing interest in compact discs. “We reacted to the previous 18 months’ worth of sales data to see what people were responding to,” says Mansdorf. Newbury began a process of increasing their CD inventory by 13% across their 30 locations, making sure stores that were primarily selling vinyl records fea...
Singaporean megabank DBS works on expanding Bitcoin trading to retail
DBS Bank, Singapore’s largest bank, is working on expanding its cryptocurrency exchange beyond its current investor base of institutional clients, according to the CEO. DBS Bank CEO Piyush Gupta spoke of the bank’s cryptocurrency business during the Q4 2021 earnings call on Monday, stating that the company will focus on measures to further scale its crypto exchange operations in 2022. During the call, Gupta was asked whether DBS Bank has a roadmap for rolling out digital asset trading to retail investors. While the CEO did not provide a straightforward answer, he still said that DBS Bank did initiate some work in order to expand its current investor base, stating: “We’ve started doing the work on seeing how we get in a sensible way, take it out and expand it beyond the current investo...
Nigeria: New Online Appliance Store Banks on Honesty
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BNPL drives surge in sales for SA retailers
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Level Up Your Retail Business With Remote Access
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Jumia Ghana inks partnership with smart locker provider Locqar
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