Amazon’s market share estimate downgraded 10%
Amazon’s estimated share of the US ecommerce market has been slashed dramatically by analysts after it released figures for the first time. According to highly cited and trusted retail research…
Walmart invests in “community solar gardens”
Walmart has invested in solar energy in an effort to reduce its energy bill and add to its “expanding renewable energy portfolio.” The US retail giant has subscribed to 36…
Ocado invests £17m in vertical farming
Ocado has made a major investment in the emerging high-tech “vertical farming” space, as it enters into a joint venture. The online grocery giant has partnered with 80 Acres Farms…
Sports Direct’s Game takeover could be great for its Belong gaming arenas
Sports Direct’s £52 million bid for Game could give it “the ability to finally realise the potential of its Belong gaming arenas”, according to analysts. Yesterday Mike Ashley’s Sports Direct…
Online grocery market to grow 163% and be worth $414bn by 2023
The online grocery market is set to dramatically expand over the next four years, growing 163 per cent by 2023 across major markets. According to new research conducted by IGD…
EU consumer bodies call for “action” against Alibaba as it fails to meet EU laws
Consumer bodies across Europe have called on their respective consumer protection agencies to “take action” against Alibaba over claims it sets unfair terms for EU users. Europe’s consumer body the…
Jellyfish, lab-grown eggs and micro-nutrient patches – Sainsbury’s predicts future of food
Sainsbury’s has released a new Future of Food report exploring what high-tech solutions we will have to food in 2025, 2050 and 2169. The report, commissioned by the UK’s second…
Retailers are using tech to fight serial returners
Retailers are fighting back against serial returners as a growing number say they are set to introduce measures to penalise or even ban those suspected of flouting returns rules. According…
Indonesia has fastest growing ecommerce sector on Earth
Indonesia has the fastest growing ecommerce sector on the planet, growing nearly 20 per cent faster than its nearest rival. According to a new study by card and account comparison…
Trump targets Amazon, Alibaba and Ebay over counterfeit sales
President Donald Trump has “decided it is time to clean up this Wild West of counterfeiting”, taking aim at online retailers like Amazon and Ebay. Earlier this week Trump signed…