Technology & Innovation

Articles about technology and innovation in retail.

  1. Technology & Innovation

Tammy Girl returns to action as it makes debut on Asos

After a 17 year hiatus, Tammy Girl is back, with fast fashion giant Asos relaunching the brand on its website. In 2005, Tammy Girl closed its high street stores after being bought by BHS, leaving UK pre-teens distraught. Manchester based, digital fashion firm, Daisy Street acquired the brand and partnered with Asos for a capsule […]
2 min read
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  1. Channel: Dollar/Value

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
3 min read
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  1. Trends & External Forces

NACDS Foundation sponsors March of Dimes Gourmet Gala

WASHINGTON — March of Dimes hosted its 40th Annual Gourmet Gala in Washington, D.C., earlier this month, and the NACDS Foundation returned as a Platinum Sponsor of the event. The Gourmet Gala makes possible research, education, advocacy and programs that “help more moms have full-term pregnancies and healthy babies.” This year, the Gourmet Gala brought […]
2 min read
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  1. Trends & External Forces

5 Ways Brands Can Stay Competitive In A Recession

Economic volatility and uncertainty have become the order of the day. Some forecasters are using the “R” word (recession). Business is always difficult. In good times firms scramble to add capacity and meet demand while fending off the competition that is inevitably attracted to a robust and growing market. In bad times firms struggle to […]
3 min read
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  1. Corporate Strategy

Utilising data in retail to improve sustainability.

 Olof Hoverfält, Principle Consultant, Strategy and Business Design at technology consultancy Reaktor, has worked with a wide range of major brands such as Adidas and Tommy Hilfiger. In this article, he shares the different ways that retailers can ensure sustainability, as well as the valuable uses of data in retail. 1. How can retailers make sure […]
< 1 min read
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  1. Technology & Innovation

UK Facial Recognition Ruling Could Spur Innovation

The U.K.’s data-privacy watchdog’s recent $10 million fine on facial recognition company Clearview AI Inc. could spur innovation in the space, including advancements in payments technology, as it “sets clearer ground rules for balancing software innovation with people’s right to privacy,” according to a report in The Wall Street Journal Wednesday (May 25). The Information […]
2 min read
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  1. Technology & Innovation

NRA: This Year’s Highlights, Trends and Must-See Booths of 2022

Take a quick dive into the happenings and surprises from this year’s biggest restaurant event! By Brittany Maroney, Director of Marketing Communications, PAR Punchh The National Restaurant Association Show was back, and in a big way! The halls of McCormick Place Convention Center in Chicago were packed with tens of thousands of eager food-loving fans, […]
3 min read
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  1. Channel: Delivery

Zapp partners with Jiffy to offer quick commerce for Londoners

Zapp and Jiffy have announced a tie up to offer quick commerce to London residents. The news comes soon after Jiffy’s announcement that it would cease to operate its grocery… The post Zapp partners with Jiffy to offer quick commerce for Londoners appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
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  1. Associates & Employees

One in five retail workers are planning to quit the sector

A new report by industry charity the Retail Trust has found that one in five (21%) British retail workers and nearly a third (31%) of people working for the UK’s… The post One in five retail workers are planning to quit the sector appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
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  1. Technology & Innovation

Buzz Lightyear sweet dispensers launched ahead of new film

World of Sweets is adding three sweet dispensers to its range  ahead of the launch of the latest Buzz Lightyear film. Two of the dispensers are of Buzz Lightyear and the third is Sox, a robotic cat who is Buzz’s personal companion. Each pack contains one dispenser and individually wrapped packs of Pez refill sweets. […]
< 1 min read
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  1. Technology & Innovation

Developing a Perfect Store Strategy in 2022

In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […]
2 min read
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  1. Corporate Purpose

Victoria’s Secret Launches Digital Platform Dedicated to Women and Minority-Owned or Led Brands

Victoria’s Secret has launched VS&Co-Lab, a curated digital platform designed to connect shoppers with unique brands and their stories, while bringing their intimates, lifestyle and swimwear products to the forefront. The emphasis will be on brands that align with the retailer’s values of innovation and inclusivity. The collection will feature 19 brands at launch, with […]
< 1 min read
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  1. Associates & Employees

Apple’s retail chief tells associates to reject unions

An internal video featuring Deirdre O’Brien, Apple vice president of people and retail, included a message to store associates that individuals leading efforts to organize stores do “not have a deep understanding of Apple” or its business. The Apple store employees engaged in organizing their coworkers have accused the tech giant of engaging in union […]
< 1 min read
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  1. Media & Marketing

Google, An Unlikely Leader In Sustainability?

Sustainability has become a big part of any business and some of the biggest mega-cap companies are under pressure to lower carbon emissions. And despite massively offering tech products and services, they have become “unlikely leaders” in the green department such as Google – Alphabet Inc (NASDAQ:GOOGL). Initiatives Commonly, “profitable” does not rhyme with “sustainable.” […]
< 1 min read
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  1. Channel: Grocery

GIANT taps Krueger as VP of team experience

CARLISLE, Pa. – The GIANT Co. has named Jennifer Heinzen Krueger vice president of team experience, effective May 30. Krueger replaces Matt Lutcavage, who is leaving for a new opportunity outside of the company. In her new role, Krueger will lead GIANT’s human resources team, which the company says is focused on fostering a culture […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree’s Q1 earnings beat expectations

CHESAPEAKE, Va.— Dollar Tree reported a 43.2% increase in net income, to $536.4 million for the first quarter ended April 30. Diluted earnings per share for the quarter increased 48.1% to a first-quarter company record $2.37, compared to $1.60 in the prior year’s quarter, the company said Thursday. Consolidated net sales increased 6.5% to $6.90 […]
2 min read
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  1. Technology & Innovation

Retail Technology Show 2023 expands

Retail Technology Show, the flagship show for retail that brings together future-forward innovators and Europe’s most forward-thinking retailers, has promised an even ‘bigger and better’ show in 2023, as it announces it has expanded its show floor for next year’s expo. Attracting over 6,850 senior retail professionals during the two-day event, held at London Olympia […]
< 1 min read
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  1. Technology & Innovation

Kingfisher sees 164% ecommerce growth over last three years, with 16% of sales now online

Kingfisher, the owner of Screwfix and B&Q, says online sales now represent 16% of overall group sales, following 164% ecommerce growth over the last three years. The group revealed that… The post Kingfisher sees 164% ecommerce growth over last three years, with 16% of sales now online appeared first on Latest Retail Technology News From […]
< 1 min read
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  1. Channel: Delivery

Getir gears up to slash 14% of its global workforce

Getir is gearing up to slash its global workforce by around 14% as it grapples with industry headwinds. The Turkish-based rapid delivery giant currently employs around 32,000 people in the… The post Getir gears up to slash 14% of its global workforce appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
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  1. Channel: Delivery

Rapid grocery delivery boom comes to a grinding halt as Getir, Gorillas slash jobs

Fears of an impending recession are forcing rapid grocery delivery companies to slam the brakes on growth. This week, two of the largest instant grocery apps, Getir and Gorillas, announced decisions to lay off hundreds of employees. Another firm, Zapp, said it is proposing redundancies in its U.K. team.
3 min read
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  1. Technology & Innovation

The Age of AI, Crypto, and Web3 — with Kevin Roose

Kevin Roose, a tech columnist at The New York Times, joins Scott to discuss the broader implications and opportunities of crypto and Web3. We also learn why Kevin is bullish on artificial intelligence, despite the negative externalities that may arise as the world moves towards automation. Follow Kevin on Twitter, @kevinroose.  Scott opens with his […]
< 1 min read
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  1. Department & Category

Grocerants Replacing Restaurants and Grocery Stores for Dinner

  What’s for Dinner is the age-old question every parent hears, and most say I don’t know.  Today more and more families or looking online, or for new avenues of fresh food distributions in the way of meals and meal components that can be mixed and matched into perfect family meal.   Alternative fresh food […]
4 min read
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  1. Partnerships & Alt Profit

The Range partners with Ideal World to reinvent TV shopping through live shoppable content

The Range and Ideal World TV are partnering to launch The Range TV, a new live-shopping initiative. The retailer-shopping-channel partnership will see The Range livestream product demos from Ideal World’s… The post The Range partners with Ideal World to reinvent TV shopping through live shoppable content appeared first on Latest Retail Technology News From Across […]
< 1 min read
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  1. Technology & Innovation

In pictures: Amazon Style – the physical clothing store with tech-enabled fitting rooms

Amazon has opened its debut Amazon Style store – the first physical clothing store with tech-enabled fitting rooms, offering shoppers a fully personalised shopping experience as it focuses on modern… The post In pictures: Amazon Style – the physical clothing store with tech-enabled fitting rooms appeared first on Latest Retail Technology News From Across The […]
< 1 min read
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  1. Channel: Grocery

Kroger Adds “Spoke” Distribution Facility In Central Ohio

Kroger said yesterday that it is opening a new “spoke facility,” powered by Ocado, in Central Ohio, that it says “will extend the grocer’s reach and ability to provide fresh and friendly services to its customers … The 61,000-square-foot facility located on Shook Rd in Lockbourne will collaborate with the fulfillment hub in Monroe, Ohio and […]
2 min read
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  1. Channel: Ecommerce & Digital

Amazon Opens First Bricks-and-Mortar Clothing Store

dot.LA reports that Amazon has opened its first clothing store – Amazon Style, located in the The Americana at Brand mall in Glendale, California, about 10 miles north of downtown Los Angeles. Here’s how the story describes the store: “The floor is massive – laying out original products from Amazon’s own apparel lines alongside name […]
4 min read
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  1. Channel: Ecommerce & Digital

Amazon Opens its First Physical High-Tech Apparel Store

Amazon.com opened its first brick-and-mortal apparel store on Wednesday, leveraging technology to set itself apart as it tries to grow its physical presence. Called Amazon Style, the new store, located in California, features machine learning technology to help customers find clothes and personalize recommendations as well as interactive dressing rooms. The store stocks men’s and […]
< 1 min read
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  1. Channel: Delivery

DoorDash customer loyalty drives share gains

DoorDash “added more new consumers than any quarter since Q1 2021” as noted in their Q1 2022 earnings release. The news hinted at a reversal of decelerating customer growth that both DoorDash and the wider industry experienced after peaking during the early pandemic. However, even while adding fewer customers each quarter, Earnest Research transaction data […]
< 1 min read
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  1. Technology & Innovation

Loss Prevention & Fraud Detection in Retail

In an industry known for its tight margins, any loss in retail is significant. Retailers often need to sell many multiples of an item to breakeven on a single loss. “Shrink” is a $60B dollar issue for the retail industry globally and growing rapidly. Most retailers attribute 50-60% of losses to associate actions. Increasingly, Organized […]
3 min read
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  1. Channel: Dollar/Value
  2. Channel: Dollar/Value
  3. Corporate Strategy
  4. Corporate Finance
  5. Department: Consumer Durables
  6. Media & Marketing
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Operations & Supply Chain
  11. Stores & Formats

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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  1. Data & Insights
  2. Corporate Strategy
  3. Department: HBC
  4. Media & Marketing
  5. Data & Insights
  6. Shopper & Customer
  7. Trends & External Forces
  8. Merchandising

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Retailer Media
  2. Corporate Strategy
  3. Media & Marketing
  4. Retailer Media
  5. Data & Insights

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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  1. Technology & Innovation
  2. Partnerships & Alt Profit
  3. Media & Marketing
  4. Data & Insights
  5. Shopper & Customer
  6. Technology & Innovation
  7. Trends & External Forces
  8. Associates & Employees
  9. Merchandising
  10. Operations & Supply Chain
  11. Stores & Formats

Developing a Perfect Store Strategy in 2022

In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […]
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