Amazon purchased 23% of all industrial space sold in 2020
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Amazon has purchased nearly a quarter of all the industrial space sold in the UK this year as its share of the market continues to accelerate.
According to new data…
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Crisis will see “large number of retail failures” if shops to not embrace new technology
Retailers must “redefine business models” and integrate more technology into their operations if they are to survive the COVID-10 pandemic, according to GlobalData.
The data and analytics company has warned…
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5000 stores to be “drained of their last resources” due to two-week retail lock down extension
Thousands of extra stores could be forced to close due to the two-week delay in opening up non-essential retail stores, according to new research.
Ecommerce specialist ParcelHero warned that the…
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Global smartphone sales sees largest decline on record in Q1
Smartphone sales across the globe plummeted by more than 20 per cent during the first quarter with nearly every major manufacturer seeing dramatic declines.
According to the latest figures from…
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Lost Stock offers mystery boxes of clothes from high street’s biggest retailers for half the price
Lost Stock is offering shoppers boxes of clothes from the high street’s biggest fashion retailers at half the retail price in a bid to help manufacturers left out of pocket…
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Amazon and Ebay will soon be forced to pay VAT on overseas sales in major tax fraud crackdown
Online marketplaces in the UK will soon be forced to collect Value Added Tax (VAT) on all sales made in the country by overseas sellers in a major crackdown on…
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Amazon accused of “hypocrisy” as it faces continued outrage on social media over racist listings
Amazon has continued to face a backlash of abuse on social media after a number of listings featuring wildly offensive racist language appeared on the site.
The ecommerce giant has…
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UK online sales plummet as shoppers prepare for re-opening of physical stores
Online spending in the UK has plummeted since it was revealed that non-essential physical retail stores were due to re-open imminently.
The government unveiled its lockdown exit plan on May…
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Fake reviews 136% more likely to make online shoppers buy poor quality products
Fake reviews make online shoppers more than twice as likely to purchase low quality goods, according to Which?
The consumer watchdog asked nearly 10,000 participants to complete a simulated shopping…
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Online grocery shopping hits all time high of £1.2bn with boon expected to continue “for the foreseeable future”
Online grocery shopping hit an all time high of £1.2 billion throughout April and May as the lockdown forced nearly 5 million new households online.
In the four weeks to…
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Since the term “robot” was first coined by Czech author Karel Čapek in 1921, the idea of an autonomous, mechanical entity handling the most laborious roles of the working world…