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  1. International

Retail trade identified as the biggest contributor to UK economic growth in May

The Office for National Statistics (ONS) published a report on 11th July that highlighted the retail trade as being the biggest contributor to economic growth in the UK. It also revealed that retail traders saw a 2.9% increase in trade in May, suggesting that the trade had recovered from April’s 1.8% decline. Overall, the gross […]
2 min read
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  1. Technology & Innovation

Top 2024 Trends & Predictions Check-In

In December 2023, Retail TouchPoints unveiled its latest Industry Trends & Predictions Report, a multi-media experience featuring insights from 15 of the industry’s top analysts, futurists and thought leaders. Now that we’re halfway through the year, we thought it would be an ideal time to revisit some of the report’s top predictions and conduct a […]
3 min read
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  1. Technology & Innovation

The three most worthwhile cryptocurrencies to invest in in 2024, allowing you to easily earn $1,000 a day

Cloud mining serves as a form that gives people permission to mine cryptocurrencies without the need to be in possession of nor maintaining any hardware. Instead of purchasing and setting up their own mining rigs, users let computational power from remote data centres. This method makes mining possible for a wider public, including those who […]
3 min read
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  1. Technology & Innovation

How technology is democratising and transforming finance

The world of finance has taken a phenomenal turn in recent years. This incredible evolution has gone hand in hand with an unprecedented technological revolution. It’s amazing to think that we’ve gone from Wall Street to blockchain in just a few short years. With technological advances being adapted to finance, this world is finally being […]
4 min read
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  1. Technology & Innovation

#RICE24: For Rebecca Minkoff, ‘Nothing Beats Meeting Your Customer Face to Face’

Since Rebecca Minkoff began her entrepreneurial journey in the early 2000s, the number of ways for brands to listen to (and influence) consumers has multiplied countless times: the social media explosion begot micro, macro and nano influencers and also facilitated the emergence of livestreaming and many other forms of digital expression. But despite being an […]
4 min read
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  1. Technology & Innovation

Shortening the distance between inspiration and commerce: RTIH pulls together this week’s coolest retail technology plays

RTIH Editor, Scott Thompson, brings you his top ‘future of retail’ systems launches and deployments from the past week, including Walmart, Hugo Boss, Zippin, Tesco, PepsiCo, The LEGO Group, M&S, Polytag, DoorDash and Ulta Beauty. Hugo Boss Hugo Boss has unveiled Hugo Boss XP, an omnichannel membership experience based around the brand’s customer app. This […]
6 min read
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  1. Technology & Innovation

Starring Asda, Emperia, and Instacart: RTIH rolls out the biggest retail technology news stories of the week

It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Polytag, Marks and Spencer, Retail Insight, The Home Depot, Hugo Boss, Zippin, and OneStock. 1. Polytag announces single-use […]
5 min read
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  1. Technology & Innovation

What you need to know before accepting Bitcoin payments

Digital currencies have yet to reach full acceptance in the mainstream market, but there’s a noticeable trend of companies starting to welcome Bitcoin as a viable payment option. This brings up an important consideration for your own small business on whether to integrate Bitcoin into your payment methods. This decision should closely align with your […]
3 min read
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  1. Technology & Innovation

Check out the payment methods that will shape 2024

Modern consumers expect convenience and speed when carrying out transactions and the most popular payment methods reflect this. In-person transactions have seen a rapid swing towards contactless payments due to the simplicity of ‘tap and go’ systems. While all online payments are, in effect, contactless, many payment providers strive to improve systems to offer the […]
3 min read
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  1. Technology & Innovation

Are LLMs About To Hit A Wall?

Each new generation of large language model consumes a staggering amount of resources.  Meta, for instance, trained its new Llama 3 models with about 10 times more data and 100 times more compute than Llama 2. Amid a chip shortage, it used two 24,000 GPU clusters, with each chip running around the price of a […]
5 min read
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  1. Technology & Innovation

Including Wonder, mmERCH, and Pandion: ten retail technology funding rounds you need to know about

RTIH rounds up ten retail systems ventures who have recently secured significant investments in their businesses, including blockchain enabled Web3 fashion startups, customer journey management platforms, and computer vision and AI powered warehouse inventory monitoring solutions. 1. TheyDo Customer journey management platform, TheyDo, has secured an additional $34 million in a Series A+ funding round. […]
7 min read
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  1. Trends & External Forces

LexisNexis Risk Solutions releases new fraud study

ATLANTA — LexisNexis Risk Solutions has revealed the findings of the fourteenth edition of its annual LexisNexis True Cost of Fraud Study: Ecommerce and Retail Report – U.S. and Canada Edition. The report, based on a commissioned survey conducted by Forrester Consulting, shows that merchants in the U.S. and Canada incur an average cost of $3.00 […]
3 min read
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  1. Data & Insights

4 Key Point-of-Sale Trends for 2024

The point-of-sale (POS) system has always been the one truly indispensable technology for any merchant, large or small. The centrality of the POS has led both retailers and solution providers to integrate it with other fundamental operational systems, from inventory and order management to customer relationship management (CRM) and, of course, payments. As if this […]
5 min read
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  1. Shopper & Customer

4 Consumer Behaviors That Will Continue Into 2024

As we are 45 days in 2024, the echoes of pandemic-driven shifts and emerging economic realities continue to shape consumer behavior. While some consumer trends may fade, others are poised to solidify and transform the way people shop, interact with brands, and prioritize their well-being.  Value-driven purchasing The economic environment will remain a key driver of consumer trends. Affordability […]
2 min read
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  1. Corporate Finance

How much does a trading bot make a day?

In today’s financial trading sphere, a technological upheaval is reshaping the status quo through the advent of trading bots. These automated trading systems are not just tools but revolutionaries in their own right, transforming the way trades are executed in financial markets. They operate with a level of speed and precision that was once thought […]
3 min read
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  1. Technology & Innovation

The future of Bitcoin: what will 2024 bring?

In the world of cryptocurrencies, Bitcoin is king. Value. Popularity. Prestige. Whatever metric you use, Bitcoin rules the roost. It’s the most important crypto of them all, and it’s the one that everyone — from seasoned crypto connoisseurs to first-time investors — wants to know about. So, what are the big factors that could influence […]
4 min read
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  1. Trends & External Forces

Prof G Markets: Carta and the Secondary Market, Bitcoin ETFs, and Scott’s 2024 Investment Strategy

Scott shares his thoughts on who stands to win and lose after the SEC’s approval of eleven bitcoin ETFs. He also discusses a scandal in the startup world and explains why there’s enormous opportunity in the secondary market. Finally, he breaks down his investment plans for 2024. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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  1. Retailer Media

Retail Media: Everything You Need to Know

For several years now the term “retail media” has been buzzing around both retail and media circles. Whether you’re looking for a deeper understanding of the implications and applications of retail media or need a down-and-dirty explainer on what retail media actually is, you’ve landed in the right place. This special Retail TouchPoints resource hub […]
14 min read
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  1. Technology & Innovation

NRF 2024 Preview: Hear From Top Execs at Levi’s, Ulta Beauty, FedEx — and Magic Johnson

Tens of thousands of retail professionals from all over the world will fill New York City’s Javits Center for Retail’s Big Show from Jan. 13 to 16, 2024. The draw? More than 1,000 exhibitors and 170 sessions featuring a wide array of speakers, from leading retailers to suppliers, analysts and other industry experts — plus […]
2 min read
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  1. Shopper & Customer

Why Virtual Retail Stores Will Be the Biggest Trend of 2024

As we step into 2024, the retail landscape is undergoing a transformative shift, with virtual retail stores emerging as the next big online trend. This shift isn’t just a fleeting fad but a response to changing consumer behaviors and technological advancements. As 3D for the web becomes more mainstream, traditional e-commerce websites are becoming flat […]
3 min read
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  1. Technology & Innovation

RTIH presents its most read retail technology articles from this week

Check out the RTIH articles that caught your fancy this past week, including Asda, Vista Technology Support, Barron McCann, Glory Global Solutions, and the 2023 RTIH Innovation Awards. Asda raids rival grocery retailer Morrisons to bring in Matt Kelleher as new Chief Digital Officer Asda has confirmed the appointment of its first Chief Digital Officer […]
5 min read
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  1. Technology & Innovation

Starring Asda, Starbucks, and Sook: the biggest retail technology news stories of the week

It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including RELEX Solutions, Optimity, Criteo, NewStore, Asda, Starbucks, and Sook. 1. Asda raids rival grocery retailer Morrisons to bring […]
4 min read
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  1. Retailer Media

Macy’s veteran Melanie Zimmermann joins Criteo to lead the company’s global retail media practice

Criteo has announced the appointment of Melanie Zimmermann to lead its global retail media practice. Zimmermann joins from Macy’s, where she built its Media Network, the company’s retail media network that reaches more than 46 million customers across Macy’s and Bloomingdale’s and is said to influence more than 440 million transactions online and in-store. In […]
2 min read
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  1. Technology & Innovation

Lolli and GreyOrange star as RTIH rustles up retail technology funding rounds you need to know about

RTIH rounds up three retail systems ventures who have recently secured significant investments in their businesses, including a company bringing Bitcoin to people through gamified earning experiences, and another that optimises how retailers move their goods across the entire supply chain. 1. Stamp Free Stamp Free, an AI powered digital post and shipping company, is […]
2 min read
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Walmart Tops List of Leading US Retailers By 2023 Sales

Walmart leads Forrester’s 2023 US retailer ranking, with Amazon in second. The top 10, representing 38% of total retail sales, remain unchanged from 2022. Walmart has once again secured the top position in Forrester’s annual ranking of the 67 largest US retailers (ranked by 2023 US net retail sales), with Amazon following closely in second […]
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