1. Media & Marketing

Elon Musk puts brakes on Twitter takeover

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Elon Musk has put the brakes on his $44 billion deal to acquire social media company Twitter, while he waits for data on the number of fake accounts on the…

The post Elon Musk puts brakes on Twitter takeover appeared first on Latest Retail Technology News From Across The Globe – Charged.

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  1. International

eBay names Eve Williams as new UK general manager

Online marketplace eBay has named Eve Williams as its new vice president, general manager of its UK business. Williams joined the company in December 2020 as its UK chief marketing… The post eBay names Eve Williams as new UK general manager appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
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  1. Technology & Innovation

Is online retail making a comeback?

The fact that online retail stocks have slumped globally since the highs of the pandemic is no secret. Whilst lockdowns and store closures brought an ecommerce gold rush,  contrary to… The post Is online retail making a comeback? appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article COVID19 […]
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  1. Technology & Innovation

M&S extends deal with Tata Consultancy to transform tech stack

Tata Consultancy Services (TCS) has extended its partnership with Marks and Spencer to transform the retailer‘s core technology stack, improve resilience and pace of innovation, and drive sustainable growth. TCS,… The post M&S extends deal with Tata Consultancy to transform tech stack appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
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  1. International

Why Alibaba GM Roland Palmer believes virtual sourcing is “the future”

The world has changed over the last three years. Increasing digitalisation and a lack of international travel has not only transformed the world for consumers but has also flipped the… The post Why Alibaba GM Roland Palmer believes virtual sourcing is “the future” appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Partnerships & Alt Profit

TOMS partners with Astound Commerce for website replatform and redesign

Toms has partnered with Astound Commerce to migrate its ecommerce experience to Salesforce Commerce Cloud Storefront Reference (SFRA). The implementation also included integrations to support customer loyalty (CrowdTwist), personalisation, product… The post TOMS partners with Astound Commerce for website replatform and redesign appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
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  1. Corporate Finance

Bensons for Beds boosted by strong ecommerce sales

Bensons for Beds has recorded strong sales growth in the last three months of 2022, following investment in its stores and ecommerce site. The bed and mattress retailer saw its… The post Bensons for Beds boosted by strong ecommerce sales appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
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  1. Department: Consumer Durables

Boohoo founder loses £500m as fashion firm’s stock becomes most shorted

Boohoo founder Mahmud Kamani has watched his personal fortune tumble by £500 million in just two years after the fast fashion retailer’s stock became the most shorted in the UK.… The post Boohoo founder loses £500m as fashion firm’s stock becomes most shorted appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Trends & External Forces

From Asos to Kingfisher: Six retail stocks being targeted by short sellers

During the pandemic, ecommerce almost single-handedly kept the retail sector afloat, but concerns over how the sector is coping as the retail landscape continues to shift have seen retail stocks… The post From Asos to Kingfisher: Six retail stocks being targeted by short sellers appeared first on Latest Retail Technology News From Across The Globe […]
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  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 […]
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  1. Shopper & Customer

A quarter of UK’s leading brands now charge consumers for returning online purchases

A quarter of the UK’s leading brands are now charging shoppers to return purchases they have made online, a year-on-year increase of 14%, according to a new report by returns… The post A quarter of UK’s leading brands now charge consumers for returning online purchases appeared first on Latest Retail Technology News From Across The […]
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  1. International

Nick Clegg becomes latest Meta executive to relocate to London

Nick Clegg has followed in the footsteps of Instagram head Adam Mosseri in relocating to London. The pair have joined a growing list of top Meta executives spreading their time… The post Nick Clegg becomes latest Meta executive to relocate to London appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
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  1. Department: Consumer Durables

Lululemon warns of softer guidance despite topping profits

Lululemon warned of softer guidance in its fourth quarter despite reporting sales and profits topping analyst estimates. Earnings per share came in at $2 adjusted vs. $1.97 expected by Refinitiv… The post Lululemon warns of softer guidance despite topping profits appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
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  1. Media & Marketing

Twitter to allow merchants display business details on profiles

Twitter has announced an expansion to its platform which would allow for merchants to display details on their profiles such as the location of their business or shop, contact info,… The post Twitter to allow merchants display business details on profiles appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
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  1. International

Snug enhances brand awareness with live shopping events

Snug has revealed its past two live shopping events have helped to increase its UK brand awareness by as much as 1.2% between December 2021 and April 2022, according to… The post Snug enhances brand awareness with live shopping events appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
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  1. Trends & External Forces

Apple to change charger in Europe after EU ruling

Apple has been ordered to change its charger for iPhones in the EU from Autumn 2024 to comply with new rules introduced by the bloc which brings in a single… The post Apple to change charger in Europe after EU ruling appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
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  1. Technology & Innovation

Afterpay unveils NFT ‘Keys’ for consumers to unlock NYFW

Afterpay is continuing its partnership with IMG for New York Fashion Week for a third season, by launching a collection of designer NFTs. The BNPL giant has teamed up with… The post Afterpay unveils NFT ‘Keys’ for consumers to unlock NYFW appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
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  1. International

AO to restructure its all-employee Value Creation Plan

AO has announced a proposal to restructure its all-employee Value Creation Plan (VCP). The VCP was initially introduced to “incentivise and reward exceptional performance” by AO employees and retain and… The post AO to restructure its all-employee Value Creation Plan appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
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  1. Channel: Mass

Tesco warns on profits as online sales drop

Tesco has warned its full-year results will be lower than expected with profits plummeting and online sales dropping by 11.3% as consumers turn to discount rivals. For the six-month period ending 27 August, Tesco posted a 10% fall in underlying retail operating profits to £1.25bn, despite group sales (excluding fuel) rising 3.1% to £28.2bn. Despite […]
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  1. International

OnBuy appoints Ross Billingsley as new head of sales

British online marketplace OnBuy has appointed Ross Billingsley as its new head of sales. Billingsley, an experienced leader in sales, business development and partnerships, will be tasked with driving the… The post OnBuy appoints Ross Billingsley as new head of sales appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
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  1. Department: Nonfood

Etsy beats revenue estimates after strong demand for bags and gifts

Etsy has exceeded Wall Street expectations for quarterly revenue, helped by a strong demand for bags and personalized gifts, sending its shares up 5% in extended trading. The results indicate that the marketplace remains popular among cost-savvy shoppers, despite the looming threat of recession set to impact non-essential spending. Net revenue rose to $807.2 million in the […]
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