Technology & Innovation

Articles on new technology and innovation in retail.

  1. Technology & Innovation

John Lewis unveils new sustainability pledges to “protect and restore nature”

The John Lewis Partnership has doubled down on its pledges to “protect and restore” nature and reduce the impact of its commercial activity on the natural environment. The company has… The post John Lewis unveils new sustainability pledges to “protect and restore nature” appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Technology & Innovation

Twitter shares pop as Musk offers to complete deal

Twitter shares have popped off the back of news that Elon Musk proposed to go ahead with the deal to purchase the social media platform at the original deal of … The post Twitter shares pop as Musk offers to complete deal appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

5 Ways Brands Can Beat Inflation

The pressure of inflation on name brands is starting to show. Prices slashed. Pack sizes reduced. Budgets cut. Innovation postponed. Advertising on hold. All of which ignores the one sure and proven way to win during downturns. Don’t cheapen the brand. Making sure a brand fits a budget is true during good times, too. So, […]
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  1. Technology & Innovation

Versace selects new tech partner to transform retail planning

Luxury fashion house Versace has selected a new tech partner to transform its retail planning. The retailer has partnered with Board to enhance its global item planning process, calculating target… The post Versace selects new tech partner to transform retail planning appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

TikTok’s European turnover surged almost six-fold last year

TikTok increased its European turnover six-fold in 2021, however its losses climbed by a third at the same time while the Chinese-owned social media giant attempted to bolster its offering… The post TikTok’s European turnover surged almost six-fold last year appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

September 2022: retail technology deals and deployments at a glance

RTIH rounds up the stand out retail systems deals, deployments and pilots from September, including Walmart, Amazon’s Just Walk Out technology, Kwik Trip, Marks & Spencer, Currys, Boots, Lowe’s, Ikea, and Aldi. Lowe’s is tapping NVIDIA Omniverse Enterprise to create interactive store digital twins in Mill Creek, Wash,. and Charlotte, N.C. “We are always looking […]
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  1. Technology & Innovation

Why Typical Store Locators Are Falling Off the Map

It’s no longer breaking news that customers want multiple ways to shop. Whether it’s through online ordering with curbside pickup or purchasing directly from a retailer, meeting the omnichannel demands of the modern consumer requires brands to support several buying options in the most useful, convenient, and accurate way.  In other words, we want our […]
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  1. Technology & Innovation

A Short Guide To Technographic Data And The Information It Provides For Retailers

Data gathering and analysis play a significant role in modern business. As big data and cloud technologies continue to grow, so does the importance of data. Companies are turning towards centralized data storage and collection.  Making the most of all the data that enters a business is crucial. In other words, modern companies need to […]
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  1. Technology & Innovation

No One Understands Your Charts — Here’s How To Change That

Charts are the language of business, used every day at all levels to convey information. But too often, they’re an incomprehensible mashup of pies, bars, gauges, dots and lines that leaves the reader no more informed about the topic at hand. The good news is it’s almost certainly not your fault — it’s the charts […]
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  1. Technology & Innovation

Mondelēz introduces recycled plastic packs for Cadbury Dairy Milk

Mondelēz International has announced that its Cadbury Dairy Milk and Cadbury Mini Snowballs 110g sharing bars, which are made in Bournville and sold in the UK and Ireland, are now wrapped in packaging with 30% recycled plastic. The company has started to roll out the packaging innovation on more than 28 million sharing bars. This […]
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  1. Technology & Innovation

5 Tips to Boost Your Holiday Search Strategy

With the global economic downturn, inflation, ongoing supply chain challenges, and uncertainty due to the Ukraine war, this year’s holiday shopping season promises to be very challenging. Will people be in the mood to spend despite the gloom? Or will they rein in their enthusiasm and save for the year ahead? With these issues in […]
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  1. Technology & Innovation

How Retailers Can Monetize Data

Few words have been used and overused more than “data.” What emerged from a series of zeros and ones has evolved into a critical pillar of every business. Data drives all aspects of a company, from research, buying behaviors, stock/inventory levels, assortment plan, replenishment, website design, store merchandising, staffing and finance to product lifecycle and […]
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  1. Technology & Innovation

Nike is “aggressively” offloading inventory before the holiday season

Nike is reportedly aggressively clearing out its inventory before the holiday season, according to a report from Retail Dive. The sportswear giant warned of gross margin trouble ahead as its… The post Nike is “aggressively” offloading inventory before the holiday season appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

Ebury enrols in Amazon’s payment service provider program

Global fintech Ebury has become a member of Amazon’s payment service provider program. As a result, sellers using Amazon sites can continue to collect payments in different regions and currencies… The post Ebury enrols in Amazon’s payment service provider program appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

Walgreens Turns To Robots To Fill Prescriptions

The Wall Street Journal reports that Walgreens is using robotics to help compensate for staffing shortages in its retail pharmacies, “setting up a network of automated, centralized drug-filling centers that could fill a city block. Rows of yellow robotic arms bend and rotate as they sort and bottle multicolored pills, sending them down conveyor belts. […]
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  1. Technology & Innovation

Walmart Launches Limited-Edition Collectibles in Partnership With NECA

Walmart and the National Entertainment Collectibles Association (NECA) have partnered to launch AutoT, a digital collectible platform featuring limited-edition figures and collectibles. The collection, which will be available both at Walmart.com and in stores, will feature exclusive figures and rare chase variants signed by stars and creators. Each series in the AutoT line is based […]
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  1. Technology & Innovation

Americans inflate the impact of higher prices

American consumers believe that food inflation is 5.1 percent higher than it is in reality, according to new research from dunnhumby. “Consumers are responding by changing their shopping behavior, and perhaps most troublingly, nearly a third are cutting back or completing eliminating some meals,” said Grant Steadman, president for North America at dunnhumby. “Retailers and […]
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  1. Technology & Innovation

World Retail Trends – September Roundup

Retailers are doubling down on technology and redesigned stores that fuse digital and in-store experiences. Here’s an overview of World Retail Trends and phygital developments witnessed by Mood Media, global specialist in customer experience at the point of sale. Keep reading to see some of the most exciting World Retail Trends from September.  Subscription model […]
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  1. Technology & Innovation

Targeting Digital Natives Walmart Ups its Games

  Walmart is targeting the next generation of consumers with interactive participatory marketing that it hopes to edify its relationship with a new generation of consumers according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.   In what it hopes is branding coup, Walmart recently debuted 2 digital play experiences that tie […]
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  1. Technology & Innovation

10 retail trends to watch in 2023

The world of retail is moving faster than a new PlayStation console on launch day. Luckily, we’ve got bags of consumer insight at the ready to help you work out what’s next for the industry. Big questions are swirling around the future retail trends of 2023: What are people spending more on?  Which generations are […]
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  1. Technology & Innovation

Five Surprising Facts About GoodRx and the Discount Card Market

Last month, IQVIA quietly released a fascinating new report on discount cards. (Link below.) The research was sponsored by the Association for Accessible Medicines (AAM). Below, I highlight three unexpected findings from the data regarding GoodRx’s market position, when people use discount cards, how much they save, and why PBMs should still be worried about […]
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  1. Technology & Innovation

Global Enhanced Oil Recovery Market Anticipates Steady Growth

The enhanced oil recovery (EOR) market will witness a period of considerable growth. With BCC Research predicting a 13.1% CAGR, the market will expand from $41 billion in 2022 to an impressive $64.2 billion by 2027, maintaining a confident pace throughout the forecast period.
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  1. Technology & Innovation

Retail Vacancy Rate Hits 15-Year Low

Retail vacancies in the United States dropped to 6.1% in the second quarter, a 15-year low, as Americans continued to resume in-store shopping. Asking rents for shopping center spaces during the quarter were 16% higher than five years ago, The Wall Street Journal (WSJ) reported Tuesday (Oct. 4), citing figures from commercial real estate broker […]
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  1. Technology & Innovation

Are Crypto Payments the Future of Retail? | Salsify

While initial attempts at creating a viable digital currency date back to as early as the 1980s, as noted by Marca, it wasn’t until bitcoin’s launch in 2009 that the concept of “crypto payments” began its slow creep into the mainstream consciousness — albeit not without a bit of convincing.
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  1. Technology & Innovation

Premier store trials tech and sustainability measures in ‘step-change’ for group

Premier, the Booker-owned symbol group, is celebrating its 4,000th outlet by trialling a raft of new sustainability and technology initiatives designed to keep its stores relevant to an emerging generation of younger consumers. The group is testing out several of the measures at a newly refurbished store in Bournemouth, Dorset, situated across the road from […]
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  1. Technology & Innovation

Made.com begins talks with potential buyers after putting itself up for sale

Made.com has begun discussions with a number of interested parties regarding a sale of the company. On 23 September, the online furniture retailer said it would be reviewing potential job… The post Made.com begins talks with potential buyers after putting itself up for sale appeared first on Latest Retail Technology News From Across The Globe […]
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  1. Technology & Innovation

Empathy.co flags use of cookies and trackers by top UK retailers

Empathy.co has launched the Retail Trust Index (RTI), with the aim of examining online tracking practices across the retail industry, and the impact of intrusive data practices on consumer trust.  This shows that consumers when shopping online with the UK’s leading retailers will be on average tracked by ten separate trackers, and over 50% were […]
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  1. Technology & Innovation

Retail Vacancy Rate Hits 15-Year Low

Retail vacancies in the United States dropped to 6.1% in the second quarter, a 15-year low, as Americans continued to resume in-store shopping. Asking rents for shopping center spaces during the quarter were 16% higher than five years ago, The Wall Street Journal (WSJ) reported Tuesday (Oct. 4), citing figures from commercial real estate broker […]
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  1. Technology & Innovation

Nestlé Confectionery reveals Quality Street and KitKat sustainable pack innovations

Nestlé Confectionery has announced sustainable packaging innovations for two of its best-loved brands – Quality Street and KitKat. In a category first, Quality Street will move to recyclable paper packaging for its twist-wrapped sweets. By replacing the double layer of foil and cellulose with a paper wrap, Quality Street will remove more than two billion […]
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  1. Technology & Innovation

Groceryshop 2022: Top Retail Influencers’ Key Takeaways

The RETHINK team visited Las Vegas from September 19-22 for Groceryshop 2022. While there, we had the opportunity to speak with many of our Top Retail Influencers and learn about their event experience. #TRI2022 members- Ricardo Belmar, Michael LeBlanc, Jeff Roster, Melissa Minkow, Bryan Gildenberg, Andrea Leigh, and Stewart Samuel- all shared their thoughts on […]
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