RetailTechNews’ weekly roundup brings you up-to-date research findings from around the world. In this week’s edition: UK Retailers Making the Most of Prime Day; Streaming Services Overtake Pay-TV; and Microsoft & Walmart Team Up.UK Retailers Making the Most of Prime Day
Amazon may have stumbled on its sales day due to labour strikes and tech issues, but it provided a Prime opportunity for other retailers to boost their own sales, according to data from Criteo.
Online UK retailers saw a 13% lift in sales [...]
In this piece, Ian Waters, director, solutions marketing, ThousandEyes, tells RetailTechNews that with 18% of UK retail sales coming from e-commerce, it might seem that the ‘digitisation’ of the retail sector has been solely confined to the online experience. However, when Amazon launched its cashier-free convenience store this year in the U.S., Amazon Go, many analysts and retailers described it as ‘the store of the future’. This isn’t confined to America either, as Britain’s biggest supermarket chain, Tesco, is now [...]
Tesco-Carrefour Partnership Under Scrutiny from French Regulator; New Product Discovery Platform ‘Product Guru’
RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Tesco/Carrefour Partnership Under Scrutiny from French Regulator; New Product Discovery Platform ‘Product Guru’; and More Than Half of Shopping Searches Start at Amazon.Tesco/Carrefour Partnership Under Scrutiny from French Regulator
After announcing a strategic purchasing alliance, British retailer Tesco and French supermarket outlet Carrefour have come under scrutiny from the French regulatory authorities. The Autorité de la Concurrence wants to investigate the impact [...]
RetailTechNews’ weekly roundup brings you up-to-date research findings from around the world. In this week’s edition: E-commerce vs Social; Queues Costing Retailers; and Facebook Disproving Doomsday Predictions.E-commerce vs Social
There is a growing friction between third-party e-commerce sites and social media platforms, which are both competing for a finite amount of consumer attention, according to Magisto.
Almost three-quarters (71%) of businesses report using social media more than any other digital medium to market their business, 177% more than e-commerce sites [...]
This week, China’s top 10 e-commerce players have been unveiled and are expected to account for more than 85% of the country’s total online retail sales by year-end, with Alibaba taking pole position.
The market leader is expected to grab a 58.2% share of total e-commerce sales, followed by JD.com with a 16.3% share, according to eMarketer.
The two leaders, though, would face increasing pressure from new market players that have emerged as “credible competitors” over the past few years, offering [...]
Traditional retail has been on a dismal track in Singapore, with stores closing and global brands leaving the market, but the challenge may lie in how retailers really are engaging their customers and if they are tapping the right tools to do so.
At RetailTechNews’ inaugural RetailTechSummit held in Singapore, panellists debated the state of retail in markets such as Singapore, where the likes of Banana Republic, Gap, and American Eagle Outfitters shuttered their physical outlets early this year [...]
Discount newcomers and e-commerce are threatening brick-and-mortar retail, and customer loyalty has become more important than ever. In this piece for RetailTechNews, David Buckingham (pictured below), CEO, Ecrebo, discusses strategies and approaches for retailers to keep customers coming back into physical stores by mixing digital and analog: data and coupons.
The UK retail industry is a highly competitive space, with new threats coming from innovative entrants, the proliferation of online shopping, and the increasingly savvy nature of consumers.
Over the last few years, [...]
With the global market anticipated to grow to USD$198bn (£149bn) by 2025, it’s clear that augmented reality is far from another marketing fad. Recent developments – such as the launches of Apple’s ARKit2, Google Lens, and ARCore – mean that augmented reality experiences have never been more accessible for both consumers and brands alike. In this piece for RetailTechNews, Jeremy Pounder (pictured below), futures director, Mindshare UK tells us how, for retail, an industry in the throes of change, the [...]
RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Summer Weather & World Cup Fever Push Retail Growth in June; Shopgate Integrates with Shopify; and Groupon Looking for a Buyer.Summer Weather & World Cup Fever Push Retail Growth in June
The summer of 2018 is proving a good time for UK retailers. According to the BRC-KPMG Retail Sales Monitor for June 2018, retail sales increased by 1.1%, compared with June 2017. On [...]
On this week’s episode of the RetailTechReview, Joe Rohrlich, GM EMEA, Bazaarvoice, joins RetailTechNews’ head of content Lindsay Rowntree and editor Hugh Williams to go through some of the biggest stories in retail. This week we cover the growing trend of store closures in UK retail; Google’s investment in Chinese ecommerce giant, JD.com; the launch of Amazon Prime in Australia; and the power of reviews driving sales, both online and offline.