Industry Archives - Page 2 of 6 - Latest Retail Technology News From Across The Globe

Samsung’s profits dive 56% as chip and smartphone sales suffer

July 31, 2019

Galaxy Fold, Huawei, Microchip, Samsung, smartphone, South Korea

Samsung has reported a massive 56 per cent dive in profits for its previous quarter due to “prolonged global trade conflicts”. In the three months June the South Korean retailer…

Amazon, Walmart, Target and Ikea sued by the University of California in landmark patent case

July 31, 2019

Ben Stevens

Industry, Patents

Amazon, Edison, filament LED bulb, Ikea, LED, Nixon Peabody, Patent, Shuji Nakamura, Target, University of California, Walmart

No Comments

Amazon, Walmart, Ikea, Target and Bed Bath & Beyond are all being sued by the University of California for allegedly infringing its patents. The university is seeking unspecified damages and…

US treasury secretary says Amazon “destroyed the retail industry across the United States”

July 25, 2019

Ben Stevens

Industry, News

Amazon, Donald Trump, Steven Mnuchin, Treasury Secretary

The US treasury secretary Steven Mnuchin has blamed Amazon for the country’s declining retail sector, alleging that the company “destroyed the retail industry across the United States”. Speaking to CNBC,…

Ebay poaches senior Amazon executive Peter Thompson amid continued transformation

July 23, 2019

Ben Stevens

Companies, Industry, News

Alexa, Amazon, Ebay, Elliott Management, Peter Thompson, Starboard

No Comments

Ebay has poached the former head of Amazon’s Alexa Voice Services arm as it continues to undergo major changes. Peter Thompson is set to join the online auction giant on…

Etsy to buy Reverb for $275m

July 22, 2019

Ben Stevens

Companies, Ecommerce, Industry

Etsy, Reverb

No Comments

Etsy has announced plans to acquire specialist music gear ecommerce platform Reverb for $275 million (£220 million) in the “coming months” Reverb, the online marketplace launched in 2013, lists new,…

K-Swiss launched “world’s first esports performance shoe” as it seeks to cash in on esports industry

July 22, 2019

Ben Stevens

Companies, Industry, News

Furia, K-Swiss, One Tap

K-Swiss has become the latest retailer to invest in the rapidly expanding esports industry after releasing the “world’s first esports performance shoe”. The footwear brand launched the $125 (£100) “One…

UK online retail sales have jumped 16 per cent over the past year thanks to the continued popularity of online-only brands.

UK’s ecommerce growth rate to be overtaken by 10 EU countries by 2021

July 19, 2019

Ben Stevens

Industry

ecommerce, EU, Europe, JP Morgan, Mobile Commerce

No Comments

The UK’s ecommerce market is due to grow nearly 10 per cent to hit €231.2 billion (£207.1 billion) in the next three years, but its growth rates will be overtaken…

Only one in three shoppers notice new tech in stores

July 17, 2019

Ava Szajna-Hopgood

Augmented Reality, Industry, Instore, News, Point of Sale

3D printing., AT Kearney, Augmented Reality, cashierless checkout, in store, instore tech, interactive screens, mobile point of sale, retail tech report, retail tech research, Technology

No Comments

While three quarters of customers are familiar with new retail technology features, only one third are seeing them in stores, according to a new report by AT Kearney. The survey…

Google whistleblower Jack Poulson launches ethical non-profit for tech workers

July 15, 2019

Ava Szajna-Hopgood

Companies, Industry

Amazon, ethical, Google, Intel, Jack Poulson, Microsoft, non-profit, Silicon Valley, Tech Inquiry, whistleblower

No Comments

Google whistleblower Jack Poulson has launched Tech Inquiry, a non-profit with the aim to make it easier for employees of tech companies to speak out when they feel ethical boundaries…

Amazon workers strike in Germany over “discount on incomes”

July 15, 2019

Ava Szajna-Hopgood

Ecommerce, Industry

Amazon, Amazon Prime, Amazon Prime Day, Germany, Prime Day, union, Verdi, workers strike

Workers at seven of Amazon’s sites across German have timed in a strike with the retailer’s Prime Day activity, demanding better pay and conditions for logistics workers. According to labour…

Industry

Samsung’s profits dive 56% as chip and smartphone sales suffer

Amazon, Walmart, Target and Ikea sued by the University of California in landmark patent case

US treasury secretary says Amazon “destroyed the retail industry across the United States”

Ebay poaches senior Amazon executive Peter Thompson amid continued transformation

Etsy to buy Reverb for $275m

K-Swiss launched “world’s first esports performance shoe” as it seeks to cash in on esports industry

UK’s ecommerce growth rate to be overtaken by 10 EU countries by 2021

Only one in three shoppers notice new tech in stores

Google whistleblower Jack Poulson launches ethical non-profit for tech workers

Amazon workers strike in Germany over “discount on incomes”

The Retail Drop Podcast: Episode 1 – Hugo Tapia, Head of Consumer Strategy and Planning at Hackett London

The Company