Weekly Roundup: Europe

  • E-Commerce to Hit USD$1.5 Trillion by 2021; Marks & Spencer Invests in Retail Tech Transformation

    RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Retail continues to grow; M&S invests in technology transformation; and Mobile remains challenging for retailers.

    E-commerce to Reach USD$1.5tn (£1tn) by 2021

    According to retail tech provider Zebra, retail industry sales are set to rise 3% annually until 2021, driven by a shift to greater e-commerce/omnichannel sales volume. Zebra’s 2017 Retail Transformation Study projects that the North American and EMEA retail markets will reach [...]

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  • German Media Giant ProSiebenSat1 Buys E-commerce Marketer Kairion; Number of Retail Insolvencies in the UK on the Rise

    RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: German media giant ProSiebenSat1 buys e-commerce marketer Kairion; Number of retail insolvencies in the UK on the rise; and New functionalities to give QR codes a second wind.

    E-commerce Marketer for ProSiebenSat1

    German media group ProSiebenSat1 is strengthening its ad tech portfolio in the e-commerce segment. With the takeover of e-commerce marketer Kairion, the media group wants to raise its profile in [...]

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  • More Shopping on Smartphone than Tablet; Overstock Collaborates with Databricks

    RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Shopping via smartphone vs tablet; Overstock and Databricks collaborate; and Last-minute Christmas shopping in full swing.

    More shopping on smartphone than on tablet

    In the UK, spending on purchases made by using a smartphone will amount to almost £18bn. That is the latest prediction from eMarketer. The staggering number also means that smartphone sales are now overtaking e-commerce sales made by tablet. Smartphone [...]

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  • Location Sciences Launches Online-to-Offline Attribution Product; Wayfair Launches Visual Search Product

    RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Location Sciences and On Device Research launch online-to-offline attribution product; Wayfair launches visual search; Accenture research finds AI-powered tech will drive Christmas spending; Research from DigitalBridge reveals better tech builds brand loyalty; and Visualsoft finds poor page loads speeds will hit retailer revenue.

    Location Sciences partners with On Device Research to deliver online-to-offline attribution product

    Mobile location intelligence company, Location Sciences, has partnered with [...]

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  • eMarketer Releases US Commerce Forecast; ASOS Pre-tax Profits Grew 145% YOY

    RetailTechNews rounds up some of the biggest stories in the European retail technology space, as well as news and developments in the US market, which influence the European retail sector. In this week’s edition: eMarketer releases US commerce forecast; ASOS pre-tax profits grew 145% YOY; Venmo rolls out across two millions US merchants on mobile web; Quill research shows human translations drive more positive impressions of retails; and Criteo unveils new products for its Commerce Marketing Ecosystem.

    eMarketer releases US commerce forecast

    eMarketer has [...]

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  • Ecommerce Giants Outrank Retailers Globally; Ometria Raises USD$6m Series A funding

    RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Ecommerce giants outrank retailers globally; eBay launches ebook subscription with Thalia in Germany; Ometria raises USD$6m Series A funding; SLI Systems report finds most retailers see AI in their future; and Criteo and Forbes study finds collaboration is the way to meet customer needs.

    Ecommerce giants outrank retailers globally

    Source: eMarketer

    eMarketer has reported that global ecommerce giants Amazon and JD.com are dominating the retail [...]

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