Industry
Cash usage plummeted 35% last year as contactless and mobile payments skyrocket
Cash usage plummeted 35 per cent last year as the pandemic drove “some marked changes in payments behaviour”.
Physical cash was used to make 6.1 billion payments in the UK…
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Shein is being sued for “deliberate and calculated” trademark infringement
Shein has been accused of “deliberate and calculated” trademark infringement by a raft of both major and independent brands and is facing legal action.
AirWair International, the owner of Dr…
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Unprecedented HGV driver shortage a “crisis of national importance” as supermarkets lose tonnes of fresh produce
Supermarkets are missing massive deliveries of fresh produce which is being left to rot in containers due to an unprecedented shortage of heavy goods vehicle (HGV) drivers.
UK retailers are…
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75% of retail decision makers admit seismic shift towards ecommerce
The pandemic has driven a dramatic shift in strategy for retailers towards digital commerce and investment in new technologies.
According to new research commissioned by JP Morgan and FreedomPay, which…
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Online sales volumes saw largest drop in history last month
Online retail sales saw their largest drop in volumes ever recorded last month, falling nearly 10 per cent as consumer confidence returns to pre-lockdown levels.
UK online retail sales fell…
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‘The hour the internet broke’ cost retailers £1bn according to experts
Amazon, Ebay, Etsy, Shopify and Boots are thought to have lost around £1 billion during yesterday’s global internet outages, leading MPs to call for new safeguards to be put in…
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Amazon, Ebay, Shopify, Etsy, PayPal all go down amid major global internet outages
Amazon, Shopify, Etsy, Ebay and PayPal are among the myriad of sites currently experiencing outages in a what is expected to be a major fault at a data centre provider.…
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UK retail recovery is being hampered by staff shortages
The UK retail sector’s recovery is being hampered by a lack of staff driving demand for trained workers to its highest level since 1988. According to new data from KPMG…
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Amazon could avoid “historic” G7 tax hikes thanks to glaring loophole
Amazon could avoid having to pay significantly more tax thanks to a glaring loophole in the “historic” global corporate tax agreement reached by G7 finance ministers.
Over the weekend finance…
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“To put it simply, Shein is as mysterious in the Chinese world as it is in the English world.” – Jeffrey W, journalist
When you typically think of fast fashion,…