1. Corporate Finance

Card payment expenditure climbs to over $42tn in 2021

Written by Posted on Less than 0 min read

Card payment expenditure climbed over $42 trillion in 2021, marking a 23% rise, according to RBR.
The rise came off the back of the world’s recovery from the effects of…

The post Card payment expenditure climbs to over $42tn in 2021 appeared first on Latest Retail Technology News From Across The Globe – Charged.

View Original Article
Member since
The latest retail technology news from across the globe. https://www.chargedretail.co.uk/
Do you like ChargedRetail's articles? Follow on social!

More from ChargedRetail

  1. Media & Marketing

Meta releases first human rights report

Meta has released its first annual human rights on Thursday, after years of accusations that it turns a blind eye to online abuses. The report includes a summary of the… The post Meta releases first human rights report appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article International […]
< 1 min read
0
  1. Channel: Mass

Walmart to begin charging some suppliers new pickup and fuel fees

From next month, Walmart will charge some of its suppliers new fees to transport goods to its stores and warehouses, according to a memo obtained by Reuters. The new fees… The post Walmart to begin charging some suppliers new pickup and fuel fees appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. International

Maje announces ‘Seconde Main’ resale service

Maje, the French premium ready-to-wear label is launching in the second-hand fashion market with its new resale service, ‘Seconde Main’. The affordable luxury label, owned by the SMPC group, is… The post Maje announces ‘Seconde Main’ resale service appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Dept. […]
< 1 min read
0
  1. Department: Consumer Durables

Nike appoints new senior leaders to drive its digital scheme

Sportswear giant Nike has announced a number of senior leadership appointments to contribute to  its ‘Consumer Direct Acceleration’ (CDA) project. According to Nike, CDA is aimed at unlocking long-term growth… The post Nike appoints new senior leaders to drive its digital scheme appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. CPG & FMCG

Zalando to axe hundreds of jobs

Zalando is set to axe “several hundred overhead roles” over the coming months, as a result of the challenging economic environment. The ecommerce retailer did not specify exactly how many… The post Zalando to axe hundreds of jobs appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article International […]
< 1 min read
0
  1. International

OnBuy ranked as one Europe’s fastest growing ecommerce business

UK-based online marketplace, OnBuy has been ranked as one of Europe’s fastest growing ecommerce business according to the latest FT 1000 list. The prestigious list, which is published annually by… The post OnBuy ranked as one Europe’s fastest growing ecommerce business appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Technology & Innovation

Snap: retailers are missing out on “huge untapped potential” of augmented reality

Research conducted by Snap has highlighted the “huge untapped potential” of augmented reality (AR) for retailers. According to the social media firm, brands’ perception of how consumers want to use… The post Snap: retailers are missing out on “huge untapped potential” of augmented reality appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Channel: Mass

Tesco revamps Clubcard coupons offer before festive period

Tesco has revamped its Clubcard coupon offer before the Christmas period before the current app prepares to close in 2023. Over four million of the grocer‘s Clubcard and grocery app… The post Tesco revamps Clubcard coupons offer before festive period appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Department: Consumer Durables

ASOS brings 90s fashion favourite Tammy Girl online

Tammy Girl, the iconic British high street chain that officially closed down in 2016, is being relaunched by Daisy Street, in collaboration with ASOS. Daisy Street has announced the acquisition… The post ASOS brings 90s fashion favourite Tammy Girl online appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. International

CMA investigates Wowcher over misleading online ‘urgency’ claims

The Competition and Markets Authority (CMA) will investigate whether Wowcher has misled consumers by using countdown timers and other urgency claims. The watchdog is looking at whether the practice has… The post CMA investigates Wowcher over misleading online ‘urgency’ claims appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Channel: Delivery

Gopuff executives resort to hammering staff over toilet breaks to meet tight deadlines

Gopuff has started taking leaves out of the Amazon Prime playbook as it was revealed that company executives started grilling managers over why workers were taking toilet breaks, Business Insider… The post Gopuff executives resort to hammering staff over toilet breaks to meet tight deadlines appeared first on Latest Retail Technology News From Across The […]
< 1 min read
0
  1. Trends & External Forces

Amazon accused of stifling competition in major new California lawsuit

Amazon is being sued by the state of California over claims that the ecommerce giant has violated the state’s antitrust laws with practices that stifle competition and prevent other sellers… The post Amazon accused of stifling competition in major new California lawsuit appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Associates & Employees

THG gifts shares to 500 employees as part of incentive scheme

THG will be awarding shares to 500 of its employees as part of a new incentive programme, subject to the achievement of various targets. The move – which was revealed… The post THG gifts shares to 500 employees as part of incentive scheme appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Associates & Employees

Monzo announces £1k package to help with cost-of-living for its staff

UK fintech bank Monzo is giving staff who earn less than £40,000 per year a one-off payment of £1,000 to help them cope with the cost-of-living. “We’re constantly reviewing the… The post Monzo announces £1k package to help with cost-of-living for its staff appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. International

Etsy only paid £128,000 in tax despite pocketing £160m in sales

Etsy has been accused of not paying enough tax in the UK after only paying out £128,000 despite pulling in £160 million in sales. Had the handmade goods platform booked… The post Etsy only paid £128,000 in tax despite pocketing £160m in sales appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Is the quick delivery bubble about to burst?

As Getir, the quick commerce market leader, is set to unveil yet more job cuts, Vineta Bajaj – ex Ocado finance director and current CFO of pan-Europe online grocery firm… The post Is the quick delivery bubble about to burst? appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Trends & External Forces

Asos predicts top five fashion trends for young shoppers in 2023

Asos design experts have revealed the top five trends that will dominate 2023 for those aged between 20 and 29. The online fashion retailer has predicted that its target demographic… The post Asos predicts top five fashion trends for young shoppers in 2023 appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Technology & Innovation

Zegna unveils AI-powered shopping customisation tool

Luxury menswear retailer Zegna has rolled out Zegna X configurator, which it called “the world’s most advanced shopping customization tool.” Zegna is aiming to transform customer experience with the power… The post Zegna unveils AI-powered shopping customisation tool appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Customer […]
< 1 min read
0
  1. International

Fruugo revenue booms by 110% after strong year of growth

UK-based online marketplace Fruugo has posted full year revenue of £65 million, a whopping 110% increase. The company cited growth in global cross-border ecommerce as a main reason for the… The post Fruugo revenue booms by 110% after strong year of growth appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. International

Sainsbury’s ecommerce sales plunge 13%

Sainsbury’s has taken a 13% hit in ecommerce sales year-on-year as customers deal with the ongoing cost-of-living crisis. The UK’s second largest supermarket has reported pre-tax profit of £327m, down… The post Sainsbury’s ecommerce sales plunge 13% appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Technology & […]
< 1 min read
0
Next