1. International

Card payments soared to 90% of retail transactions in 2021

Written by Posted on Less than 0 min read

Card payments soared to 90% of total retail spending in 2021, with 82% of transactions on either on debit or credit card, up from 75% of transactions in 2020, according…

The post Card payments soared to 90% of retail transactions 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. International

Tesco to open second checkout-free ‘GetGo’ store in London

Tesco is to open its second checkout-free grocery store, after opening its inaugural store in Holborn. Cameras and entry gates were spotted at the Tesco Express in Chiswell Street, Islington,… The post Tesco to open second checkout-free ‘GetGo’ store in London appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Department: Consumer Durables

Zalando expands strategic partnership with Nike

Zalando has expanded its strategic partnership with Nike in a move that will allow shoppers to shop for Nike member-exclusive products on the Zalando platform. Customers will have access to… The post Zalando expands strategic partnership with Nike appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Dept. […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Getir has “zero” chance of profitability according to employees

Getir has been slammed by employees who say the rapid grocery delivery giant has “zero” chance of profitability and it churns through workers. Employees have told Business Insider that the… The post Getir has “zero” chance of profitability according to employees appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Department: Consumer Durables

Cars, clothing & creps: How The Edit LDN launched its pre-loved marketplace

This Wednesday, the Edit LDN celebrated the launch of its new online pre-loved marketplace by taking over the famous Truman Brewery in Shoreditch. The Edit Preloved will give people on… The post Cars, clothing & creps: How The Edit LDN launched its pre-loved marketplace appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Technology & Innovation

PayPal slashes 2,000 jobs

PayPal is slashing approximately 7% of its workforce which works out at around 2,000 employees as it becomes the latest Big Tech firm to cut roles. A “challenging macro-economic environment,”… The post PayPal slashes 2,000 jobs appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Associates BigTech Economy […]
< 1 min read
0
  1. Technology & Innovation

Boohoo prices set to climb after profits are hit 94%

Boohoo prices are set to rise after the fast fashion retailer recorded a huge dive in profits. Company executives said pre-tax profits for the 12 months to the end of… The post Boohoo prices set to climb after profits are hit 94% appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. International

Klarna CEO “exhausted” by BNPL issues

Klarna’s chief executive Sebastian Siemiatkowski has told the Financial Times that he has become “quite exhausted” by recent events. The events in question refer to the company’s first ever large-scale… The post Klarna CEO “exhausted” by BNPL issues appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Results […]
< 1 min read
0
  1. Operations & Supply Chain

DX Group launches electric vehicle programme with IKEA

DX Group has launched a three-year project to acquire a fleet of electric vehicles for use in its delivery and logistics partnership with Ikea. The courier service has recently invested… The post DX Group launches electric vehicle programme with IKEA appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Corporate Strategy

Coco de Mer adopts digital-first strategy to aid global expansion

Luxury lingerie retailer Coco de Mer is moving away from physical retail and adopting a digital-first strategy, to boost growth across the business. As part of the new direction, the… The post Coco de Mer adopts digital-first strategy to aid global expansion appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Corporate Strategy

Mollie appoints former Klarna executive Koen Köppen as new CTO

Mollie has appointed former Klarna executive Koen Köppen as its new chief technology officer (CTO) to “support its mission to build a range of world-class financial services that helps SMEs… The post Mollie appoints former Klarna executive Koen Köppen as new CTO appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Corporate Strategy

Reebok names Todd Krinsky as new CEO

Authentic Brands Group has appointed Todd Krinsky to succeed Matt O’Toole as the new chief executive of Reebok. Krinsky has been with the sportswear brand for 30 years and has… The post Reebok names Todd Krinsky as new CEO appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Media & Marketing

My Wardrobe HQ launches new rental subscription service

My Wardrobe HQ has launched a luxury monthly rental subscription service, allowing customers to rent multi-label, ready-to-wear and accessories. The subscription model has two different membership tiers and allows shoppers… The post My Wardrobe HQ launches new rental subscription service appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Trends & External Forces

Amazon reassures Wall Street by posting strong revenue and guidance

Amazon has reported strong revenue and guidance, reassuring Wall Street with an upbeat forecast for the remainder of the year. The company’s shares rose over 10% in after-hours trading after… The post Amazon reassures Wall Street by posting strong revenue and guidance appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 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. Operations & Supply Chain

Boohoo to close Wellingborough distribution centre

Online fashion giant Boohoo is set to close its Wellingborough distribution centre at the end of next February, putting around 420 jobs at risk. The 287,634 sq ft distribution centre… The post Boohoo to close Wellingborough distribution centre appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article International - […]
< 1 min read
0
  1. Corporate Strategy

Asos non-executive director to step down from role

Asos non-executive director Karen Geary is to step down from her role at the online fashion giant. Geary joined the board in 2019, but has decided to not seek re-election… The post Asos non-executive director to step down from role appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Channel: Delivery

Waitrose expands rapid grocery delivery partnership with Deliveroo

Waitrose has more than doubled its capacity range on Deliveroo’s platform, with customers now able to purchase over 2,000 product lines. Tom Richards, Waitrose online trading lead said: “A big… The post Waitrose expands rapid grocery delivery partnership with Deliveroo appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Technology & Innovation

Wickes launches store on eBay as it enters marketplace

Wickes has launched its own store on eBay as it takes it first step into the marketplace. The DIY and home improvement brand has curated a range of over 4,000… The post Wickes launches store on eBay as it enters marketplace appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Corporate Strategy

Peloton CEO surprised at how entrenched the issues are at the company

Peloton’s new CEO Barry McCarthy has said that he was surprised at how deep-rooted the issues were at the company upon his arrival. The ex-Spotify and Netflix exec was concerned… The post Peloton CEO surprised at how entrenched the issues are at the company appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Technology & Innovation

Shein sheds up to one-third of its value in stake sales

Shein has shed up to one-third of its value in private markets in recent months after reaching a £100bn valuation earlier this year, according to a report by The Financial… The post Shein sheds up to one-third of its value in stake sales appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
Next