Latest News

Top Story

Google opens store in NYC


By Alexandra Leonards

Google has opened its first ever physical retail store in New York City. The software giant said that the new space would give customers an “immersive” experience and enable hands-on interaction with the company’s devices and services – including Pixel phones, Nest products, Fitbit wearables, and Pixelbooks.


E-commerce gifting continues to grow despite retail reopening

The number of people buying Father’s Day gifts online is growing, despite restrictions easing in the UK. According to data from Yodel, 18 per cent of those answering a feedback form said that they had bought their dad a gift online over the past week.

Tesco experiences sales boost

Tesco has reported a sales increase of 1.3 per cent to £12.4 billion in the first quarter of the year across its UK and Ireland market. The supermarket retailer saw total UK sales rise by 0.5 per cent year-on-year to £10 billion and by 9.3 per cent compared to pre-pandemic levels.

Halfords profits rise 72% as electric scooter sales surge

Halfords has reported a pre-tax profits increase of 72 per cent for its latest financial year. The retailer’s profits skyrocketed to £96.3 million, up from £40.4 million in the previous year.

eBay to sell South Korean business for $3.6bn

eBay has plans to sell its South Korean business for around $3.6 billion (4 trillion won), according to Korea Economic Daily. The local newspaper said that the online marketplace is selling eBay Korea to Shinsegae Group’s E-Mart and web portal company Naver.
Amazon Prime Day set to top $11bn

Amazon’s Prime Day sale is predicted to hit record online spending of more than $11 billion, according to Adobe’s Digital Economy Index forecast. Last year the technology giant made $10.4 billion on its sale day, which takes place next week.

BBanner

Made.com falls 8% in London IPO

Online furniture retailer Made.com’s shares fell 8 per cent in early trading after its initial public offering (IPO), giving it a valuation of £775 million. Made.com sold 50 million shares raising £100 million, though the valuation fell short of the £1 billion the company had been targeting.

Brother Smart Retail Report

LVMH and Google Cloud partner on AI-powered personalisation

Luxury goods company LVMH has partnered with Google Cloud to develop new cloud-based AI technology that will help personalise customer experiences. The tech will support LVMH’s Maisons, the company’s individual luxury brands, in improving demand forecasting and inventory optimisation.

View More News

Check out our latest appointments

Check out our latest features

BNPL: regulation gets the go-ahead, but what happens next?

Alexandra Leonards explores what regulation might mean for the future of Buy Now Pay Later and looks at how the market has responded to the government’s decision to green-light new rules.

The top retail trends of 2020

As the year of disruption draws to a close, Alexandra Leonards identifies the top retail trends of the past 12 months and explores what they mean for the industry next year.

Delivery sector reacts to lockdown demand

One fairly predictable consequence of the Coronavirus lockdown has been a marked increase in the amount of online shopping – but how is the delivery and logistics sector dealing with the spike in demand this has caused?

Uyghur forced labour: do government measures go far enough?

Under the new guidelines, retailers still aren’t legally obliged to cut ties with modern slavery. Alexandra Leonards reveals why the latest measures aren’t likely to change things on the ground, and explores how retailers must look beyond the legal minimum to rid their supply chains of forced labour.

Are shoppers ready for biometric payments?

The recent announcement that Amazon has started using palm scanning payment technology shone a light on the rise of biometric technology – and whether or not consumers are ready to let their bodies be part of transactions.

Fast fashion falls out of favour

The ethics of retailer supply chains has been called into question recently, with brands now rushing to implement technology that gives better visibility into how products are made, sourced and shipped. The scandal that brought the issue into focus most recently was a report in July on Boohoo’s UK supply chain that had a significant impact on the company’s share price and reputation.

View More Features

Latest videos

View More Videos

BBanner

Brother Smart Retail Report

HULFT
Find out how HULFT can help you manage data, integration, supply chain automation and digital transformation across your retail enterprise.

Talking shop: retail technology solutions from Brother
Retail Systems editor Peter Walker sits down with Brother’s senior commercial client manager Jessica Stansfield to talk through the company’s solutions for retailers and hospitality businesses, what’s new in labelling technology, and the benefits of outsourcing printing.

© 2019 Perspective Publishing     Privacy & Cookies