Technology & Innovation

Articles about technology and innovation in retail.

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  1. Corporate Purpose
UK grocer Marks & Spencer’s M&S Food is launching a new children’s book to excite and engage young minds through the stories of the Select farmers that make M&S Food special. The publication comes at a time when families are increasingly engaged in conversations about sustainability and how to contribute to a greener world. Farm […]
  1. Channel: Mass
Walmart’s investments in software and retail technologies it used to transform its business from a brick-and-mortar to one that combines both in-person and online shopping will now be made available to other retailers for the first time, the company announced today. Through a strategic partnership with Adobe, Walmart will integrate access to Walmart’s Marketplace, as […]
  1. Channel: Marketplace
Canadian e-commerce juggernaut Shopify this morning reported its second-quarter financial performance. Like Microsoft and Apple in the wake of their after-hours earnings reports, its shares are having a muted reaction to the better-than-expected results. In the second quarter of 2021, Shopify reported revenues of $1.12 billion, up 57% on a year-over-year basis. The company’s subscription […]
  1. Shopper & Customer
Most companies know they need to start transforming digitally to stay competitive, if they haven’t already. But it can be difficult to understand where to focus. Industry experts from the marketing community, Salesforce, and Cannes Lions, a global brand that fosters creative excellence, discussed how they and their communities are transforming digitally with ethics and […]
  1. Media & Marketing
If understanding the market is about understanding yourself to set your business strategy while also understanding your customers and their needs and wants, then positioning is about what you do to make those two things meet up. The purpose of positioning is to help buyers to quickly understand your offering, so when they are searching […]
  1. Channel: Restaurants
Iceland is facing fresh controversy over its refusal to repay £46 million of business rates relief as its accounts show its owners funnelled millions into a new restaurant business. Iceland… The post Iceland facing fresh questions over refusal to repay £46m in relief as accounts reveal millions funnelled to restaurant chain appeared first on Latest […]
  1. Channel: Ecommerce & Digital
Amazon has been accused of “routine destruction of millions of perfectly good products” as charities call for new anti-waste laws to be brought in. Video recordings and photographs, published by… The post Amazon slammed for “routine destruction” of millions of products as charities call for new ‘Amazon law’ appeared first on Latest Retail Technology News […]
  1. Corporate Strategy
Apple reported the biggest second quarter profit ($21.7 billion) in the company’s history. The technology giant said sales rose 36 percent year-over-year to $81.4 billion during the quarter. “This quarter saw a growing sense of optimism from consumers in the United States and around the world, driving renewed hope for a better future and for […]
  1. Shopper & Customer
Digitization has afforded retailers access to new markets and more consumers. Small local retailers are now competing with massive conglomerates on a global scale. On the other side of the purchase, consumers now have access to brands across the globe — and the appetite to try new things through online experiences. When you give smaller […]
  1. Acquisitions, Divestitures & Mergers
Klarna is continuing to build out its solution suite with two new acquisitions, moving beyond the buy now, pay later space with the goal of becoming a “retail bank, payments and shopping service,” according to the company. Klarna announced the acquisition of social shopping platform HERO in early July 2021, followed just two weeks later […]
  1. Channel: Mass
Walmart will make its own technologies across both digital and physical channels available to other retailers. The company’s move includes integrating Walmart’s Marketplace, online and in-store fulfillment and pickup technologies into the Adobe Commerce platform. Retailers will be able to access Walmart’s cloud-based services to reach new customers through Marketplace and offer national two-day shipping […]
  1. Channel: Ecommerce & Digital
Establishing a digital presence across multiple marketplaces and channels is becoming more important than ever for businesses during the pandemic. But as more businesses become reliant on digital platforms, establishing trust with new-to-brand customers can become challenging. Trust remains a vital component in the success of online transactions. Research data has shown that over 1 […]
  1. Shopper & Customer
ARLINGTON, VA — The grocery industry has an opportunity to expand its share of consumers’ total food spending by improving its foodservice offerings, according to a new analysis by FMI, the food industry association. “Grocery foodservice is at a competitive inflection point when we look at the state of the U.S. food dollar and the […]
  1. International
Morrisons has announced plans to expand its networks of ultra-fast electric vehicle charging points to a further 100 locations over the next year. The grocer, which already boasts the UK’s… The post Morrisons to expand UK’s largest ‘ultra-fast’ EV charging network to 100 more locations appeared first on Latest Retail Technology News From Across The […]
  1. Channel: Mass
Walmart is set to begin offering its ecommerce technology to small and medium-sized businesses amid a major push to diversify its offering outside of its core retail business. Walmart is… The post Walmart to begin offering its ecommerce technology to third-party retailers appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Technology & Innovation
Also: Seattle Mariners award community grants, CDC reinstates indoor mask guidelines and Shutterstock acquires AI companies to help customers. Hello, communicators: The Seattle Mariners baseball team has announced that its nonprofit, Mariners Care, will present community impact grants to organizations that are working to improve physical and mental health for kids from Black, Indigenous and […]
  1. Trends & External Forces
The pandemic has prompted a rethinking of our cities and how we go about our lives. What does the urban shift mean for the future of retail? More specifically, how does the on-demand economy change the retailer’s business model? And, what are the last-mile delivery challenges retailers face? Urban Shift: People and Community  Our world […]
  1. Media & Marketing
Google’s new service aimed at beefing up the search capabilities of retailers’ websites may make those sellers more competitive with Amazon. Google Cloud Retail Search hopes to address the staggering problem of “search abandonment,” which costs retailers more than $300 billion a year in the U.S. alone, according to research performed by The Harris Poll […]
  1. International
StockX has made a push into beauty by announcing a partnership with makeup brand Revlon. The popular resale platform has teamed up with the cosmetic brand to sell limited edition… The post StockX ventures into beauty with Revlon collaboration appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Technology & Innovation
Apple has announced a 50 per cent increase in iPhone sales despite chip shortages disrupting global supply chains in its quarterly report. The tech company’s flagship product beat analysts’ expectations… The post Apple announces 50% increase in iPhone sales appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. CPG & FMCG
The CPG Guys, Sri & PVSB, are joined in this episode by Matt Doll, founder & CEO of American Fireglass, the world’s premier manufacture of Fireplace, Fire Pit Glass and related burner products. Follow Matt on LinkedIn at: https://www.linkedin.com/in/%F0%9F%94%A5-matt-doll-%F0%9F%94%A5-61313532/ Follow American Fireglass online at: https://americanfireglass.com/ Matt answers these questions: 1) How exactly did you get […]
  1. Technology & Innovation
BENTONVILLE, Ark. — Walmart said Wednesday that it will make some of its online, in-store fulfillment, and store pickup technologies available to other businesses through a strategic partnership with Adobe Commerce. Adobe says its partnership with Walmart will allow its customers to provide their own best-in-class store pickup experiences. “We’ve built new capabilities to serve […]
  1. Channel: Convenience
  Timely, topical, transparent Bitcoin equals customer relevance to a new generation of consumers and Circle K wants to welcome those consumers too Circle K according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Customer relevance edifies your brand with consumers driving new electricity. Recently, Circle K announced an international partnership with Bitcoin […]
  1. Trends & External Forces
IRI and coffee roaster and private label manufacturer Massimo Zanetti Beverage USA  have identified new growth opportunities by utilizing IRI’s COVID-19 resources and expertise as consumer behavior continues to rapidly evolve. Consumer behavior has been volatile since the onset of the COVID-19 pandemic in early 2020, which has required CPG companies to quickly and continuously […]

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  1. RetailWIt QuickWit
Here’s what was interesting in Retail today: Coca-Cola spurs 42% revenue growth (now $10.1B) after returning to pre-pandemic marketing spend (which doubled YOY). They invested in innovation, quality, and targeted allocation with their increased spend and beat earnings and revenue expectations in Q2. Target, Bed Bath and Beyond Open Doors To Third-Party Boutiques. The Store-within-a-store […]

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