Industry Archives - Page 4 of 16 - Latest Retail Technology News From Across The Globe

Music subscription spend in the UK hit £1 billion for the first time ever in 2019 marking a whopping 31-fold increase from 2010.

Music streaming hit £1bn in the UK in 2019 amid huge declines in physical sales

January 3, 2020

Entertainment Retailers Association, ERA, Gaming, music, Streaming, video

Music subscription spend in the UK hit £1 billion for the first time ever in 2019 marking a whopping 31-fold increase from 2010. Entertainment spend in the UK, which is…

In-store automation has become a major competitive advantage for retailers promising to attract online shoppers back to the high street.

Retail technology will “fundamentally change the shopping experience” in the 2020s

January 2, 2020

Ben Stevens

Industry, News

Bill Simon, Retail Technology, Target, Walmart

No Comments

Technology is set to “fundamentally change the shopping experience” in the 2020’s according to Walmart’s former president and chief executive Bill Simon. Existing retail technologies such as virtual changing rooms,…

Online retail sales will surpass $1 trillion in 2021 for the first time, growing four times faster than offline sales.

Over 9000 online retailers in financial “distress”

December 24, 2019

Ben Stevens

Ecommerce, Industry, News

Begbies Traynor, Online retail, returns

No Comments

More than 9000 online retailers are suffering from significant financial “distress” as the retail storm which has dogged the high street this year spreads to companies without physical stores. Online…

Apple, Google, Amazon, Ikea, Samsung and Philips Hue team up to allow smart home devices to work together

December 19, 2019

Ava Szajna-Hopgood

Companies, Industry

alliance, Amazon, Apple, Google, home, Ikea, Philips Hue, Project Connected Home over IP, Samsung, smart, Zigbee Alliance

No Comments

Tech giants Apple, Google and Amazon are teaming up alongside Ikea, Samsung Smart Things and Philips Hue to develop an open-source smart home standard. The project intends to enable devices…

Tuesday is the most lucrative day of the week for ecommerce retailers seeing the highest percentage of conversion rates.

November online sales smash all forecasts marking highest growth in 18 months

December 17, 2019

Ben Stevens

Ecommerce, Industry, News

Black Friday, Capgemini, Cyber Monday, IMRG, Online Sales

No Comments

November’s online sales jumped a whopping 54 per cent from October, marking the highest sales growth in 18 months thanks to Black Friday. Online sales grew 16.4 per cent compared…

UK retailers saw international Black Friday sales skyrocket over 500 per cent thanks to a “significant rise in cross-border purchases online”.

UK retailers saw huge Black Friday boost from international shoppers

December 16, 2019

Ben Stevens

Ecommerce, Industry, News

Black Friday, cross border, Denamark, Global-e, international, Singapore

No Comments

UK retailers saw international Black Friday sales skyrocket over 500 per cent thanks to a “significant rise in cross-border purchases online”. Black Friday saw cross-border orders from UK retailers across…

Amazon and Deliveroo have slammed the Competition and Markets Authority’s (CMA) probe into their proposed tie-up, hoping to “persuade the CMA of the facts”.

Amazon Deliveroo deal poses “a real risk” to competition says CMA

December 11, 2019

Ben Stevens

Companies, Industry, News

Amazon, CMA, Competition and Markets Authority, Deliveroo

Amazon’s proposed tie-up with Deliveroo poses “a real risk” of harming competition in the UK’s food delivery market, according to the Competition and Markets Authority (CMA). Today the CMA, which…

Ebay is warning retailers to “expect the unexpected” this winter as shoppers engage in weather-agnostic shopping sprees.

Resale platforms set for sales boon this Christmas

December 11, 2019

Ben Stevens

Industry, marketplace

Depop, Ebay, Etsy, GlobalWebIndex, resale

No Comments

Resale platforms like Ebay and Etsy are set to receive a sales boon this Christmas as an uncertain economic climate drives shoppers towards second-hand goods. Nearly 90 per cent of…

Amazon, Alibaba, Ebay and other ecommerce giants have been warned that the upcoming US – China trade deal will dramatically clamp down on counterfeit goods.

“Shocking” number of UK shoppers happy to buy fake goods

December 10, 2019

Ben Stevens

Industry, News, Security

counterfeit, fake, Incorpo

No Comments

UK consumers are willing to buy counterfeit designer goods in order to keep up with the latest fashion trends, with 19 per cent having knowingly bought fake goods. Nearly 30…

Which? has called on retailers including Amazon, Argos, John Lewis and Smyths to withdraw a number of smart toys from sale after finding many had a troubling lack of inbuild security leaving them open to hackers.

Smart toys at top of Christmas lists vulnerable to being hacked says Which?

December 10, 2019

Ben Stevens

Industry, Security

Amazon, Argos, John Lewis, Smart Toys, Smyths, Which?

No Comments

Which? has called on retailers including Amazon, Argos, John Lewis and Smyths to withdraw a number of smart toys from sale after finding many had a troubling lack of inbuild…

Industry

Music streaming hit £1bn in the UK in 2019 amid huge declines in physical sales

Retail technology will “fundamentally change the shopping experience” in the 2020s

Over 9000 online retailers in financial “distress”

Apple, Google, Amazon, Ikea, Samsung and Philips Hue team up to allow smart home devices to work together

November online sales smash all forecasts marking highest growth in 18 months

UK retailers saw huge Black Friday boost from international shoppers

Amazon Deliveroo deal poses “a real risk” to competition says CMA

Resale platforms set for sales boon this Christmas

“Shocking” number of UK shoppers happy to buy fake goods

Smart toys at top of Christmas lists vulnerable to being hacked says Which?

Top 5 retailers using sustainable technology

The Company