1. Trends & External Forces

How B&Q owner Kingfisher plans to grow ecommerce to 25% of sales

Written by Posted on Less than 0 min read

DIY retailer Kingfisher plans to accelerate its ecommerce sales as online revenue has more than doubled since the onset of the pandemic.
Kingfisher, which revealed a 20% drop in full-year…

The post How B&Q owner Kingfisher plans to grow ecommerce to 25% of sales 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. Trends & External Forces

Apple beats profit expectations and avoids headwinds

Apple has reported higher-than-expected profit and sales as it avoided headwinds that have come as a result of rising inflation and an economic slowdown. Sales and profit for the quarter… The post Apple beats profit expectations and avoids headwinds appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Technology & Innovation

Levi’s to begin testing AI-generated models

Levi’s will be supplementing its human models with AI-generated models later this year, in an experiment designed to “increase diversity and elevate the consumer experience.” To create the AI figures,… The post Levi’s to begin testing AI-generated models appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Consumers […]
< 1 min read
0
  1. Technology & Innovation

THG: As losses widen, how much is the business really worth?

On Tuesday, THG posted £500 million in operating losses, just hours after it received a preliminary offer from private equity giant Apollo Global Management, causing its share price to surge… The post THG: As losses widen, how much is the business really worth? appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Associates & Employees

Shein to invest $70m to empower third-party manufacturers

Shein has promised to invest $70m over the next five years to help empower its ecosystem of third-party manufacturing suppliers, and the workers within. The new investment builds upon the… The post Shein to invest $70m to empower third-party manufacturers appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Data & Insights

Asos extends data academy with EdTech firm Multiverse

Asos has partnered up with EdTech startup, Multiverse, to extend the fashion retailer’s data academy and further develop data skills across its business. Funded through the apprenticeship levy, approximately 73… The post Asos extends data academy with EdTech firm Multiverse appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Technology & Innovation

HSBC and Nationwide restrict purchases of cryptoassets for retail clients

Nationwide Building Society and HSBC Holdings Plc have imposed additional restrictions on retail customers’ access to cryptoassets amid a warning from the Financial Conduct Authority (FCA). Nationwide is adding a… The post HSBC and Nationwide restrict purchases of cryptoassets for retail clients appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. International

UK ecommerce brands cite shipping costs as biggest risk to growth

Rising shipping costs, that are currently surging due to currency fluctuations, fuel surcharges and inflation, pose the biggest risk to small UK brands, according to ShipBob and CensusWide. The research… The post UK ecommerce brands cite shipping costs as biggest risk to growth appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Technology & Innovation

Meta presents first-of-its-kind metaverse drag show

Meta is using its innovations in virtual and augmented reality to launch ‘Queens of the Metaverse’, a first-of-its-kind mixed reality drag show. According to the tech giant, the show will… The post Meta presents first-of-its-kind metaverse drag show appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article International […]
< 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 International […]
< 1 min read
0
  1. Technology & Innovation

“What will be left for us humans to do?” OpenAI’s GPT-4 is already here

OpenAI has released its latest artificial intelligence (AI) model GPT-4, which it claims to be much less likely to engage with disallowed content and produce biased or inaccurate responses. The… The post “What will be left for us humans to do?” OpenAI’s GPT-4 is already here appeared first on Latest Retail Technology News From Across […]
< 1 min read
0
  1. Technology & Innovation

Money management apps boom as cost of living crisis worsens

Money management apps have seen a rise in use by consumers as the cost of living crisis worsens, according to App Radar market research. The sector has gained over five… The post Money management apps boom as cost of living crisis worsens appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. International

Primark expands click-and-collect trial to London

Primark is extending its click-and-collect trial to London amid growing sales and the success of the 25-store trial launched last year. Starting this summer, London-based shoppers will be able to… The post Primark expands click-and-collect trial to London appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Technology […]
< 1 min read
0
  1. Partnerships & Alt Profit

Joules partners with Reskinned to launch resale service

Joules has launched a resale platform ‘Joules ReWear’ as part of its partnership with clothing platform Reskinned. The resale platform will offer Joules customers the chance to buy any pre-loved… The post Joules partners with Reskinned to launch resale service appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Technology & Innovation

Prada unveils ninth exclusive timecapsule NFT

Luxury fashion retailer Prada has announced the latest launch of its ‘Timecapsule’ NFT collection. The Timecapsule drop is an online monthly event that takes place on the first Thursday of… The post Prada unveils ninth exclusive timecapsule NFT appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article International […]
< 1 min read
0
  1. Shopper & Customer

PayPoint safeguarding access to cash for vulnerable communities

As consumers face seven in ten ATMs risking closure due to rising operator costs, PayPoint today marks passing £20m in cash distribution by consumers using its cash withdrawal service Counter… The post PayPoint safeguarding access to cash for vulnerable communities appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. International

Amazon to swap vans for walking and cargo bikes in Central London

Amazon has announced new methods of reducing emissions with deliveries to be made by bike and on foot for the first time in the UK. As a result, delivery drivers… The post Amazon to swap vans for walking and cargo bikes in Central London appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Moonpig completes Buyagift acquisition in a bid to become the ‘ultimate gifting companion’

Moonpig, the online greetings specialist, has today completed its acquisition of gifting experience firm Buyagift as it looks to become the “ultimate gifting companion”. The £124m buyout is expected to… The post Moonpig completes Buyagift acquisition in a bid to become the ‘ultimate gifting companion’ appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Channel: Mass

Tesco launches UK’s largest digital ad network

Tesco has partnered with customer insight firm Dunnhumby and media insight business JCDecaux have partnered up to create a 500-screen retail-based digital display advertising network. The SmartScreen network is the… The post Tesco launches UK’s largest digital ad network appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Insight […]
< 1 min read
0
  1. International

Amazon offering students 75% off coach tickets to get students home for Christmas

Amazon has partnered with National Express to offer 75% off 5,000 coach fares, to help students return home for Christmas. In this Black Friday first, the Prime Student travel deal … The post Amazon offering students 75% off coach tickets to get students home for Christmas appeared first on Latest Retail Technology News From Across The Globe […]
< 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
Next