1. Channel: Delivery

Flink expects profitability by the end of the year

Written by Posted on Less than 0 min read

One of Europe’s last remaining independent quick commerce firms, Flink, says it expects its business to become profitable by the end of the year.
The Berlin-based firm announced it had…

The post Flink expects profitability by the end of the year 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. Technology & Innovation

Shopify adds direct bill payments in bid to become single-stop fintech for merchants

Shopify has tapped Israeli B2B payments startup Melio to launch a new bill payment tool that has been designed to give US merchant customers the ability to manage their expenses… The post Shopify adds direct bill payments in bid to become single-stop fintech for merchants appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Corporate Finance

Apple launches BNPL product to take on Klarna and Clearpay

Apple has launched finally launched its own buy now, pay later (BNPL) product as part of a bid to take on the sector’s giants Klarna and Clearpay. The announcement was… The post Apple launches BNPL product to take on Klarna and Clearpay appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Trends & External Forces

Gen Z at highest risk from BNPL identity fraud 

Gen Z consumers are disproportionately impacted by the pitfalls of buy now pay later (BNPL), particularly cases of identity fraud, according to a new report by GBG. The research reveals… The post Gen Z at highest risk from BNPL identity fraud  appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Shopper & Customer

Asda partners with Salesforce to ‘revolutionise’ consumers’ grocery experience

Asda partners with Salesforce to give a “360-degree view of its customers, providing personalised and tailored experiences that will revolutionise the consumer grocery experience”. The UK grocer will leverage Salesforce’s… The post Asda partners with Salesforce to ‘revolutionise’ consumers’ grocery experience appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Shopper & Customer

John Lewis scraps click-and-collect minimum spend ahead of festive season

John Lewis has scrapped the minimum spend threshold for click-and-collect orders until 19 October, to allow consumers to place smaller orders ahead of the festive season. The retail giant has… The post John Lewis scraps click-and-collect minimum spend ahead of festive season appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Trends & External Forces

BNPL regulation strengthened to include ‘affordability checks’

BNPL regulation has been strengthened to include ‘affordability checks’ as the UK government sets out its long-awaited plans to regulate the sector for the first time. The treasury estimates that… The post BNPL regulation strengthened to include ‘affordability checks’ appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Corporate Strategy

Naked Wines shares plunge on profitability worries

Shares in Naked Wines have tumbled by up to a third on Wednesday after it was revealed that the company may shift to a different strategy amid rapidly climbing costs.… The post Naked Wines shares plunge on profitability worries appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Associates & Employees

Snap to lay off 20% of its workforce and wind down a number of projects

Snap has announced it is set to lay off 20% of its workforce amid a winding down of a number of projects after a year of poor financial results. Approximately… The post Snap to lay off 20% of its workforce and wind down a number of projects appeared first on Latest Retail Technology News From […]
< 1 min read
0
  1. Technology & Innovation

Asda rebuts accusations that its self-checkout cameras violate GDPR

Asda has denied claims that its self-checkout cameras utilize facial recognition technology to gather customer data for targeted advertising. A shopper posted a video on Facebook complaining about the shared… The post Asda rebuts accusations that its self-checkout cameras violate GDPR appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Retail Operations

Matalan adds third-party brands to boost omnichannel strategy

Matalan is adding a variety of third-party brands to its ranges, to boost its omnichannel growth strategy. The fashion retailer will be introducing 18 external fashion brands to build on… The post Matalan adds third-party brands to boost omnichannel strategy appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon Prime Day 2022 results: bigger, better, faster, more

Amazon Prime Day 2022 has been the biggest ever Prime Day event in the company’s history, with more than 300 million items purchased worldwide. Prime members purchased more products than… The post Amazon Prime Day 2022 results: bigger, better, faster, more appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. International

Toys R Us launches UK ecommerce platform in time for Christmas

Toys R Us has launched a new UK ecommerce platform as the first step in the toy giant’s return to the UK, to coincide with the run-up to the Christmas… The post Toys R Us launches UK ecommerce platform in time for Christmas appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon to create Alexa Arena video game to train robots on human interactions

Amazon is developing a video game called Alexa Arena in which users interact with virtual robots to train machines on how to behave around humans. Alexa Arena is aimed at… The post Amazon to create Alexa Arena video game to train robots on human interactions appeared first on Latest Retail Technology News From Across The […]
< 1 min read
0
  1. Media & Marketing

Meta to axe 10,000 jobs in second round of redundancies

Meta will axe another 10,000 jobs to cut costs, just four months after the tech giant laid off 13% of its global workforce. The company said it will reduce the… The post Meta to axe 10,000 jobs in second round of redundancies appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Shopper & Customer

Research: 85% of consumers rely on video when they shop online

A global study led by Brightcove has found that over 85% of consumers worldwide heavily rely on video when they shop online. An option to watch a video for an item helps consumers gain confidence in the product they are purchasing, however, it must load quickly else they seek other options or websites.
2 min read
0
5
  1. Technology & Innovation

How Next is using AI to improve efficiency

Next boss Lord Wolfson revealed some practical ways that the retail giant is using artificial intelligence (AI) to carry out tasks. Wolfson described AI as “a really incredibly valuable way… The post How Next is using AI to improve efficiency appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Corporate Strategy

Ted Baker non-executive director Andrew Jennings steps down

Ted Baker has confirmed that Andrew Jennings has stepped down from his position as a non-executive director of the company. The fashion retailer previously announced in December that Jennings would… The post Ted Baker non-executive director Andrew Jennings steps down appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Department: Consumer Durables

Nike to crackdown hard sneaker-purchasing bots and resale markets

Nike is attempting to bring in measures to curb the amount of resellers from purchasing its goods and reselling them on the secondary markets when using automated technologies. The sportswear… The post Nike to crackdown hard sneaker-purchasing bots and resale markets appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Associates & Employees

Royal Mail workers gear up for first postal strike of 2023

Postal workers have announced their first strike of the year after Royal Mail began forcing through unagreed changes. More than 115,00 members of the Communication Workers Union (CWU) will be… The post Royal Mail workers gear up for first postal strike of 2023 appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Technology & Innovation

NFT sales tumble in Q3, down by 60% from Q2

Sales of NFTs (non-fungible tokens) plunged in Q3, according to blockchain tracker DappRadar, as crypto investors prepare for a “crypto winter” with demand for the digital assets unlikely to return,… The post NFT sales tumble in Q3, down by 60% from Q2 appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
Next