Retail News
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By AFP
London -
British designer Terence Conran, whose Habitat chain brought high-end furniture and homeware to the high street in the Swinging Sixties, died on Saturday at the age of 88.
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The COVID-19 pandemic has accelerated technology trends, for businesses and consumers, and shone a light on certain consumer habits. The question is: which ones will remain in place “after the virus”?
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Consumer sentiment improved as businesses emerged from the lockdown and looked to open back up. But with some areas shifting back to business restrictions, sentiment has dipped slightly, as trend data reveals.
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By AFP
San Francisco -
Amazon on Friday said it mistakenly sent workers an email telling them to dump the TikTok mobile application from their cell phones because of security concerns.
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By AFP
San Francisco -
Amazon workers were given a Friday deadline to dump the TikTok mobile application because of unspecified security concerns, according to a Wall Street Journal report.
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By AFP
San Francisco -
Microsoft said Friday it will close all of its stores and move its retail operations online, keeping just four locations and transforming them into "experience centers.
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By AFP
London -
Behind the colourful shopfronts in England's Lane, a picture-postcard street near north London's Primrose Hill, business owners are experiencing mixed fortunes as a result of the pandemic lockdown.
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By AFP
London -
Leading British supermarket chains have warned Brazil they may be forced to boycott its goods if lawmakers in the South American country pass a bill that would "encourage further land grabbing" in the Amazon.
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Two technology-driven companies are collaborating in order to analyze retail data and to discover significant trends for consumer spending behaviors during COVID-19 crisis. Such data will aid building an economic recovery.
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As with other sectors of the economy, especially those which need to trade in products, digital ways of working are becoming more commonplace for the burgeoning cannabis sector in North America. We consider some examples.
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The global economic downturn is affecting every business. In response, many businesses are accelerating digital transformation programs. This includes the retail sector, particularly in Europe where digital purchases have lagged behind other economies.
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With social distancing guidelines and shelter-in-place orders in place due to the COVID-19 pandemic, the way consumers shop for their groceries has changed. A new study surveys the changing retail landscape.
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By AFP
Rome -
Italy allowed bookshops and children's clothing retailers to reopen on Tuesday but some business owners chose to stay shut, fearing it was too soon to lift the coronavirus lockdown.
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By AFP
London -
Where the Blitz failed, coronavirus has succeeded. The luxury London store Harrods, which stayed open throughout the bombing of the capital during World War II, announced on Friday it was closing its doors.
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By AFP
Bejing -
The last of Apple's 42 stores in China reopened Friday, as the country slowly goes back to work following weeks of quarantine that forced the closure of businesses.
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By AFP
Sydney -
Australia's biggest supermarket on Wednesday announced a limit on toilet paper purchases after the global spread of coronavirus sparked a spate of panic buying Down Under.
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Amazon ranked #1 for the first time in MBLM’s Brand Intimacy 2020 Study, a major study of brands based on emotions, now in its 10th year and previous profiled on Digital Journal. Disney and Apple are placed second and third.
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By implementing AI to power your forecasting process, companies can enhance their ability to predict business outcomes more accurately and identify risk earlier. Geoff Birnes of Atrium explains more.
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A new report finds new account fraud increased 27.8 percent worldwide in 2019. This is compared to full-year 2018 results, and more than 100 percent compared to 2014 levels.
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By AFP
Frankfurt Am Main -
More than 2,000 Amazon workers in Germany walked off the job as the US online retailer kicked off its "Black Friday" sales bonanza, escalating a long-simmering battle for better pay and working conditions.
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Black Friday has become established as the most popular time of the year for online sales, moving beyond its U.S. origins to other parts of the world. Big online sales, however, bring with them cyber risks.
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By AFP
Shanghai -
Chinese shoppers set new records for spending during the annual "Singles' Day" buying spree despite an economic slowdown and worries over the US trade war, with state media calling it a sign of China's rising economic strength.
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By AFP
Shanghai -
Chinese consumers spent a record amount on Alibaba platforms Monday during the annual "Singles' Day" buying spree, the world's biggest 24-hour shopping event, which kicked off this year with a glitzy show by US singer Taylor Swift.
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By AFP
Shanghai -
Chinese consumers closed in on a new spending record Monday during the annual "Singles' Day" frenzy, the world's biggest 24-hour shopping event, which kicked off this year with a glitzy show by US megastar Taylor Swift.
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By AFP
Moscow -
Moscow photographer Galina Goryushina says that online shopping has changed her life. "I've got more time for myself," said the 30-year-old freelancer."I don't have to haul heavy shopping bags.
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Payment fraud costs online retailers an estimated $26B in losses last year. However, retail policy abuse could cost even more, as Assaf Feldman, Co-Founder and CTO at Riskified explains along with the strategies that retailer s need to adopt.
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These days many consumers can expect to receive their packages almost immediately from big companies, with one to two day shipping and convenient “Buy Online and Pick up in Store” options. With this occurring, how can smaller retailers adapt?
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A Magecart attack has impacted the Google Cloud infrastructure and with it thousands of stores. The attack is indicative of some weak cybersecurity protocols, according to Eve Maler of ForgeRock.
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Spalding -
Wednesday 2nd October will be 40 years since the first barcode was scanned in the U.K. at Keymarkets in Spalding, Lincolnshire. Today the barcode is used in hospitals, the food industry, helping to identify allergens, and the retail industry.
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By AFP
Sydney -
The New Zealand arm of Japanese sports brand Asics has apologised after pornography was broadcast on large television screens above its central Auckland store for several hours, startling Sunday morning shoppers.
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Retail Image
Microsoft store in London.
The store Desigual in Spain thinkretail
A young girl looks up at a toy sales display in a JC Penney store during Black Friday sales in New York With permission by Reuters / Lucas Jackson
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A Currys store in Northern Ireland. Ardfern
TJ Hughes department store in Liverpool, England Irate
The next phase of retail will be defined by individual experiences Pixabay / Pexels / CC0 License
Holland & Barrett, King Street, Hammersmith, London Edward Hands
Most Americans don’t have a travel bucket list, according to a new survey. Jim G via Wikimedia (CC BY 2.0)
Galleria shopping centre, Hatfield, UK.
Carnaby street in London for the Holidays.
Journalist Caitlin Kelly provides a detailed account of the day to day life of someone working in retail, in her 2011 book entitled, "Malled - My unintentional career in retail," published by Portfolio - Penguin, New York, NY.
Topshop is a subsidiary of Arcadia in the U.K. thinkretail
Items on sale at the Galleria shopping centre, UK.
Retailers might one day sell on Facebook like they do on Amazon Pixabay / Pexels
A Mac's Convenience store dennissylvesterhurd
People on an escalator at a shoppinbg mall (Hatfield, UK).
Inside London's Microsoft store.
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