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Amazon is expected to make $393bn more than Walmart this year

Amazon is forecasted to make $393.8 billion more than US rival Walmart this year, according to figures from Jungle Scout. The ecommerce giant is expected to make $468.8 billion in… The post Amazon is expected to make $393bn more than Walmart this year appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. International

Facebook launches digital currency wallet

Facebook has finally announced the launch of its digital currency wallet, Novi, after months of speculation surrounding its debut. The social media giant has chosen to use the Paxos Dollar… The post Facebook launches digital currency wallet appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

AWS Announces General Availability of the AWS Panorama Appliance

AWS Panorama Appliance allows customers to use existing on-premises cameras and analyze video feeds in edge environments to improve quality control, optimize supply chains, and enhance consumer experiences Accenture, Cincinnati/Northern Kentucky International Airport , Deloitte, Sony, Tyson Foods,
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  1. International

Clinique launches limited edition NFT for rewards members

Clinique has launched its first limited edition non-fungible token (NFT), modernising its consumer experience and establishing a presence in the metaverse.  The NFT, MetaOptimist, is a unique digital representation of… The post Clinique launches limited edition NFT for rewards members appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

DPD unveils Wayve partnership to launch fleet data collection pilot

DPD has partnered with autonomous urban mobility company Wayve to launch a fleet data collection pilot.  The partnership aims to  explore how innovations in computer vision and machine learning can… The post DPD unveils Wayve partnership to launch fleet data collection pilot appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Ellie Goulding and Jax Jones tap new Spotify Shopify sales channel

Musicians can now sell directly to their fans on Spotify using the Shopify e-commerce platform. By connecting their Spotify for Artists accounts with their Shopify online stores, artists can sync their product catalogues and showcase products of their choice directly on their Spotify profiles. Ellie Goulding and Jax Jones are among the first UK artists […]
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  1. International

Pinterest adds ecommerce capabilities to enable creators to earn money

Pinterest unveiled a redesign of its platform aimed at the “next generation of creators.” The newly designed homepage and features have been revamped to help creators make money with a… The post Pinterest adds ecommerce capabilities to enable creators to earn money appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Richemont considers sale of Yoox Net-a-Porter

Richemont is considering divesting from its Yoox Net-a-Porter (YNAP) brand.  The Swiss-based luxury company, which bought control of YNAP in 2018, has made it a priority to remove YNAP from… The post Richemont considers sale of Yoox Net-a-Porter appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

PayPoint launches new counter scheme to protect customers’ access to cash

PayPoint is to offer its counter cash service nationwide, prioritising those places where there have been most closures of banks and ATMs. The company is enlisting the help of retailers after a study by the company found that 43 out of 48 areas of the UK still had more than half the population relying on […]
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  1. International

Instacart Acquires Caper AI, a Leader in Smart Cart and Smart Checkout Technology, Creating a Unified Online and In-Store Commerce Solution for Retailers

Acquisition Marks the First Time Instacart Is Introducing Cutting-Edge Technology and Products Designed to Transform the In-Store Shopping Experience for Retailers and Their Customers 
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  1. International

Amazon Touts Third-Party Marketplace Successes

Amazon said yesterday that sales in its third-party marketplace now account for about 60 percent of all its retail sales.  In addition, the company said that third-parties “sold more than 3.8 billion products, averaging 7,400 every minute … averaged more than $200,000 in sales, up year-over-year from about $170,000 … and “had nearly $2.2 billion […]
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  1. International

Square Loyalty and Square Marketing Launch for UK Businesses

LONDON–(BUSINESS WIRE)–Square has announced two new tools in the UK to help businesses grow their sales and engage customers with just a few clicks. The two tools, Square Marketing and Square Loyalty, are now available as separate subscriptions for UK businesses of all types and sizes. Square Marketing helps businesses reach customers at the right […]
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  1. International

Amazon and Starbucks eye Just Walk Out retail technology tie up

Amazon and Starbucks have discussed the creation of co-branded coffee shops featuring the former’s Just Walk Out technology. According to a report by Business Insider: “The initial layout of the store shows Amazon Go’s food section within a cafe that has a lounge seating area.” “Customers would have to use separate apps for pay – […]
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  1. International

Deliveroo reveals sales boost despite restaurants reopening

Deliveroo revealed sales continued to grow in the last three months despite the end of Covid-19 restrictions meaning diners could eat at restaurants again. The food delivery platform said gross… The post Deliveroo reveals sales boost despite restaurants reopening appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Amazon and Starbucks ponder launching coffee shop with cashierless tech

Amazon and Starbucks have held preliminary talks over launching a co-branded coffee shop that uses Amazon’s cashierless tech, Business Insider reported. The new coffee shop would sell both Starbucks branded… The post Amazon and Starbucks ponder launching coffee shop with cashierless tech appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Amazon Canada Announces IGTV Fashion Video Series, Celebrating Canadian Designers with Celebrity Stylist Brad Goreski

The Instagram video series will feature stories from six emerging designers from across the country, 12 local style influencers modelling their collection, and industry insights from Brad Goreski The six designers will each receive $25,000 on behalf of Amazon Canada to give back to a recipient of
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  1. International

World’s smallest Primark debuts at LEGOLAND Discovery Centre Birmingham

Birmingham can lay claim to being home to the world’s largest Primark store. And from next week it will break another record as LEGOLAND Discovery Centre Birmingham opens the doors to the world’s smallest Primark. This will feature in MINILAND, which is LEGO’s version of the UK’s second largest city. It consists of around 2,988 […]
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  1. International

The Body Shop partners with Instacart for same day delivery

The Body Shop has partnered with on-demand delivery platform Instacart to offer same-day delivery for online purchases from all 165 stores across the US and Canada.  Customers can place orders… The post The Body Shop partners with Instacart for same day delivery appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

H&M and Lablaco launch blockchain rental service

H&M Mitte Garten store in Berlin and circular fashion company Lablaco have launched a new service, allowing customers to exclusively rent and swap a special collection.  The new rental service… The post H&M and Lablaco launch blockchain rental service appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Frozen sales fall but uplift now expected

Frozen food sales have fallen as shoppers return to pre-pandemic habits, says the British Frozen Food Federation (BFFF). Although sales remain up on pre-pandemic levels, frozen food sales for the 12 weeks ended 5 September were down 3.6% on the same period last year, according to figures from the analyst Kantar. Richard Harrow, chief executive […]
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  1. International

YouTube plans week-long live shopping event, following tests of livestream shopping with creators

YouTube announced earlier this year it would begin pilot testing livestream shopping with a handful of select creators. Now, the company is ready for a larger test of its live shopping platform, with plans to host a week-long live shopping event, “YouTube Holiday Stream and Shop,” starting on November 15. The event will allow viewers […]
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  1. International

Data privacy: giving power to the people

Wanting to highlight the disconnect between people’s reported privacy concerns and actual behaviors, Security.org added a ridiculous line to their consent form: the right to name the user’s first-born child, which 98% technically agreed to.  And our research supports these findings. While many say they worry about privacy, few take the time to understand these […]
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  1. International

Delivery Hero heads up mega Gorillas Series C funding round

Rapid grocery delivery venture, Gorillas, has raised close to $1 billion in a Series C funding round. This was led by Delivery Hero, and included further investments by existing investors Coatue Management, DST Global, Tencent, Atlantic Food Labs, Fifth Wall, Greenoaks, A*, and new backers G Squared, Alanda Capital, Macquarie Capital, MSA Capital and Thrive […]
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  1. International

Amazon commits to zero-carbon shipping fuels by 2040

Amazon has agreed to use zero-carbon marine fuels by 2040 as part of a new initiative aimed at speeding up decarbonisation in the maritime sector, according to Reuters. Around 90… The post Amazon commits to zero-carbon shipping fuels by 2040 appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Snap to help brands create augmented reality ads with new studio

Snap is helping brands create augmented reality (AR) adverts and experiences after launching a new studio. The move is to help popularise the use of tech that is able to… The post Snap to help brands create augmented reality ads with new studio appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. International

Tesco opens Trigo powered GetGo checkout-free store

Tesco has launched its first high street checkout-free store. As we reported in July, named GetGo, this can be found in High Holborn, on the edge of the City of London. Chief Executive Ken Murphy said earlier this year: “We have a system installed in our Express store in Welwyn Garden City (at head office), and we’re extending […]
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  1. International

Gorillas secures $1bn in Series C funding

Gorillas has raised $1 billion dollars in funding, the largest round in the European grocery delivery sector to date.  The news comes seven months after the company raised $290 million… The post Gorillas secures $1bn in Series C funding appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

Daily QuickWit (10/19) – Top Retail News of the Day

Albertsons posts Q2 earnings beat. ID sales +1.5% (2 year stacked: 15.3%); digital sales +5% (2 year stacked: +248%). They announced a strong quarterly dividend of 20% and raised FY2021 outlook.  Gross profit margin decreased 28.6% (fuel, inflation, supply chain costs). Albertsons spoke to their transformation strategy and, specifically, called out modernizing their technical infrastructure […]
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