Technology & Innovation

Articles about technology and innovation in retail.

  1. Technology & Innovation

TLM tech links with NearSt to boost in-store footfall

Retail software solution company TLM technologies has fully integrated its flagship EPOS software, evoBackOffice with NearSt. This will allow thousands more retailers to easily get their products on platforms like Google and Facebook, driving online customers in-store. Founded in 2015, the technology from NearSt was developed to make products on physical store shelves visible to […]
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  1. Corporate Strategy

Matalan appoints former New Look boss as interim CEO

Matalan has appointed former New Look boss Nigel Oddy as interim CEO as the retailer begins a formal sales process and growth strategy. Oddy will officially join the company on… The post Matalan appoints former New Look boss as interim CEO appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

Yodel to create over 4,000 temporary jobs for the festive period

Yodel is looking to recruit 4,000 temporary jobs as the parcel courier prepares for the busy festive period. The company said that a variety of roles are available at its… The post Yodel to create over 4,000 temporary jobs for the festive period appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

2022 RTIH Innovation Awards: don’t delay, enter today!

Time is running out to enter the 2022 RTIH Innovation Awards. The awards, sponsored by PMC, 3D Cloud by Marxent, CADS, and FreedomPay celebrate global tech innovation in a fast moving omnichannel world. Deadline for submissions is 4th November, with winners being announced at an exclusive event in central London during December. It’s free to […]
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  1. Channel: Delivery

Kroger Looks To Wean Itself Off Instacart

Business Insider writes that as Kroger builds “its own tech infrastructure, including automated warehouses for delivery orders,” it means that it inevitably will end up “in competition with Instacart, its longtime grocery-delivery partner, analysts say.”  This competition may also play out as both companies seek advertising revenue from suppliers – there are only so many […]
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  1. Technology & Innovation

Walmart Makes A Metaverse Play

From TechCrunch, a story about how Walmart “is stepping into the metaverse with two new experiences on Roblox: ‘Walmart Land’ and ‘Universe of Play.’ The virtual worlds are aimed at younger Walmart customers and let Roblox players collect new virtual merchandise, play games featuring toys and characters, earn toys from a blimp, attend live concerts, […]
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  1. Technology & Innovation

Retail Industry Awards 2022: Meet the winners

Find out more about the Retail Industry Awards 2022 winning entries by clicking on the links below. INDEPENDENT WINNERS Best Use of Technology – Independent Sponsored By:   Mulkerns Eurospar, Newry, County Down Chilled Retailer of the Year – Independent Lynch’s Eurospar Skeoge, Derry, County Londonderry Drinks Retailer of the Year – Independent Lusty’s Centra, […]
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  1. Holiday & Events

Research: 80% of Brits concerned about Christmas spending this year

The majority of Brits (80%) are concerned about spending this Christmas, according to new research from customer insights platform, QuMind. 60% of Brits expect to spend less on Christmas this year, with one in 10 (11%) reporting they will reduce Christmas spending by 50% or more compared to last year. The research, conducted to understand […]
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  1. Technology & Innovation

Apple Pay Later facing “technical and engineering” issues

Apple Pay Later is grappling with “significant” setbacks that could delay its launch until 2023, according to a Bloomberg report. The tech giant said its Pay Later feature would be… The post Apple Pay Later facing “technical and engineering” issues appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. International

PayPal warned against ‘cancel culture’ by Jacob Rees-Mogg

PayPal has been warned to stop “pushing political opinions” on the British public by business secretary Jacob Rees-Mogg. Rees-Mogg has made his views known following a growing row over PayPal’s… The post PayPal warned against ‘cancel culture’ by Jacob Rees-Mogg appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Data & Insights

Kroger uses technology and data insights to meet customers on their own terms

Kroger is the largest supermarket operator in the U.S. and the retailer is using its size to deploy technology and analytics to understand its customers as well, if not better than, its smaller competition. “We are leveraging data to engage with customers through digital channels such as apps and website logins to make the customer […]
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  1. Data & Insights

The Transformation of Hybrid Work in Retail

Co-authored by: Tricia Kelley How we work is changing—from where we host our meetings, to our day-to-day operations, life has been transformed by the pandemic. The push for work and life balance has never been stronger and the need to adopt more sustainable practices has never been more urgent. A digital-first approach has become imperative […]
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  1. Operations & Supply Chain

Walmart Introduces ‘No Concerns’ Returns Including Home Pickup for Walmart+ Members

Walmart will launch three new returns options as part of its “No Concerns” campaign to accommodate early holiday shopping. Beginning in Oct. 1, 2022, Walmart will introduce: An extended Holiday Guarantee returns period allowing customers to return eligible purchases made on or after Oct. 1, 2022, through Jan. 31, 2023; Curbside returns, which will allow […]
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  1. Technology & Innovation

Can Luxury Brands Use Blockchain to Guarantee Authenticity?

When it comes to luxury goods, the perception of exclusivity and premierness are two very important elements. However, the truly paramount aspect of luxury items that allows for the high price point associated with them is their absolute authenticity. If the authenticity isn’t absolute, then it’s not luxury. Would it be OK if you were […]
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  1. Shopper & Customer

Winning E-Commerce Strategies Retailers Should Zero in On to Make Sales Ring Over the Holidays

Retailers are working feverishly behind the scenes to optimize their e-commerce operations for the upcoming 2022 holiday shopping season. This year, retailers will face some of the same challenges they did during the 2021 holiday shopping season — with additional new challenges brought about by excess inventory, inflation and general volatility, uncertainty, chaos and ambiguity […]
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  1. Channel: Delivery

Instacart cuts staff before impending IPO

Instacart has started making employees redundant ahead of its expected public listing, according to a report from the Information, citing people familiar with the matter. The US-based grocery technology retailer… The post Instacart cuts staff before impending IPO appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Media & Marketing

TikTok may face £27 million fine for “failing to protect children’s privacy”

TikTok could be facing £27 million fine over a potential breach of UK data protection law by failing to safeguard children’s privacy when using the app. The Information Commissioner’s Office… The post TikTok may face £27 million fine for “failing to protect children’s privacy” appeared first on Latest Retail Technology News From Across The Globe […]
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  1. Channel: Mass

Walmart makes a big move in the Roblox metaverse

Walmart is launching two new immersive experiences on the Roblox metaverse platform: Walmart Land and Walmart’s Universe of Play. The former will bring fashion, style, beauty and entertainment items to the Roblox community of over 52 million daily users. The latter, meanwhile, is pitched as “the ultimate virtual toy destination in Roblox, just in time […]
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  1. Channel: Restaurants

Jersey Mike’s Sales Double vs Pre-Pandemic

Access chart in Earnest Dash. Growth indexed to January 2020. Jersey Mike’s Subs sales more than doubled from January 2020 to August 2022 according to Earnest credit and debit card data. That made the chain the fastest growing major sandwich brand in the US and the fastest growing major QSR chain compared to pre-pandemic levels, […]
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  1. Data & Insights

Shopper Insights: How to enable your team to create better shopper insights

We consistently get loads of requests from clients wanting for help with creating shopper insights. And as data becomes more and more available this demand seems to increase. When we speak, they share their frustrations: conducting research only to be disappointed by what the agency presents, and what their team is able to do with […]
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  1. Media & Marketing

From Social Commerce to Curated Commerce

Frost Li has a rich history in tech, and she even helped Wish build out its growth division. In fact, it was during her time at Wish that she discovered her fascination with retail and, specifically, helping retail brands grow.   Social commerce has become a key method for brands of all sizes to reach their […]
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  1. Department: Consumer Durables

Opinion: Nike’s conversion to DTC will be a ‘battle’ without retailers

Nike will struggle to engage its customers on its mission to switch towards a more direct-to-consumer model without any retailers. In a recent business review, company CEO John Donahoe claimed… The post Opinion: Nike’s conversion to DTC will be a ‘battle’ without retailers appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Technology & Innovation

Boohoo and Wilko cancelling orders with suppliers as sales slow down

Fast fashion giant Boohoo and discount retailer Wilko are cancelling and deferring orders from suppliers amid slowing sales and soaring costs, according to a report from The Times. According to… The post Boohoo and Wilko cancelling orders with suppliers as sales slow down appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Acquisitions, Divestitures & Mergers

Prof G Markets: The Demise of Chamath’s SPACs, Citrix’s Debt Deal, and Adobe’s Figma Acquisition

This week on Prof G Markets, Scott shares his thoughts on Chamath Palihapitiya’s decision to close two of his SPACs. He then explains why Wall Street Banks are on the hook for $700 million after the leveraged buyout of Citrix, a software company. And in this week’s deep dive, we take a look at why […]
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  1. Technology & Innovation

Returning to the Office

The Return-to-Office versus Work-from-Home Tug of War continues.  Many businesses are getting more insistent with their plans to get staff back in the office more, shifting tactics from offering perks to issuing mandates.   In a study from A.Team, 53% of tech leaders said an economic downturn would make it easier to require employees to […]
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Editor’s Choice

  1. Channel: Club
  2. Corporate Strategy
  3. Owned Brands (Private Label)

Costco’s top line grows by over $30 billion in fiscal 2022

CFO Richard Galanti says customers not trading down to private label Costco Wholesale has followed up one strong fiscal year with another. The Issaquah, Wash.-based warehouse club chain posted double-digit net and comparable sales growth for its fiscal 2022 fourth quarter and full year, while topping Wall Street’s consensus earnings-per-share forecast for both periods. Related: Costco […]
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  1. Technology & Innovation
  2. Channel: Ecommerce & Digital
  3. Channel: Mass
  4. Corporate Strategy
  5. Corporate Finance
  6. Partnerships & Alt Profit
  7. Media & Marketing
  8. Data & Insights
  9. International
  10. Shopper & Customer
  11. Start Ups
  12. Technology & Innovation
  13. Trends & External Forces
  14. Associates & Employees
  15. Operations & Supply Chain
  16. Stores & Formats

Five retail technology funding rounds you need to know about

RTIH rounds up the retail systems ventures whose funding rounds have been making headlines, including Swiftly, Ryft, Instant Commerce, and 1MRobotics. 1. Ryft Ryft, a PSD2 compliant payments system firm, has raised a seed round, led by SFC Capital. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. This brings Ryft’s total […]
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  1. Operations & Supply Chain
  2. Channel: Mass
  3. Corporate Strategy
  4. Media & Marketing
  5. Shopper & Customer
  6. Retail Operations
  7. Holiday & Events
  8. Merchandising
  9. Operations & Supply Chain

Walmart + To Offer Home Pickup of Returns

Axios reports that “Walmart+ members in some U.S. markets will be able to schedule to have returns picked up from their doorsteps starting the first week in October … ‘Return Pickup from Home’ is scheduled by app.” Walmart says that “members won’t need to provide a box or a label – simply hand off the […]
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