Retail News
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As retailers continue to struggle, many who had physical stores will be pushing on with digital-based businesses. Going fully digital may not be the best solution for all firms, according to a leading analyst.
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For retail it will come as no surprise that 2020 was a uniquely difficult year, with some of the worst economic data in history recorded. Leading analysts present a recovery strategy for the outlet sector.
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No matter how sophisticated the logistics chain is in the 'thick of it' in the warehouse setting, the challenge is all about helping to fulfill orders, and making sure clients are happy. A logistics expert, provides some improvement tips for 2021.
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By AFP
Mumbai -
Hundreds of masked shoppers defied pandemic fears to visit Ikea's second Indian store, which opened Friday, as the Swedish giant tries to lure the country's burgeoning middle class with minimalist design and a dash of local masala.
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By AFP
Shanghai -
Chinese tech giant Alibaba has sought to distance itself from a face-recognition software feature devised by its cloud computing unit that could help users to identify members of the country's Muslim Uighur minority.
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By AFP
San Francisco -
California on Monday accused Amazon of failing to adequately comply with subpoenas demanding details about coronavirus cases and protocols at its facilities here.
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With COVID-19 cases spiking around the country and brick-and-mortar retail foot traffic remaining stagnant, a leading adviser has recommended that the full-scale adoption of contactless payments can help to revitalize the physical store.
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Following a hacking incident in September 2020, some 5.8 million RedDoorz user records are now reportedly on sale on hacking forum. This includes information that relates directly to clients.
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The coronavirus pandemic has hit retail hard, especially stores that continue to rely upon people turning up at the premises (the so-called brick-and-mortar retail outlets). new data shows a level of recovery, but only in certain regions of the U.S.
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As Amazon and other retailers gear up their e-commerce platforms for the holiday surge, cyber protection is paramount, in a year when online fraud is spiking, says expert Ric Opal.
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By AFP
Bejing -
The discovery of a Burberry jacket she does not recall buying proved to Chen Rui that she was right to have brought in experts to manage her out-of-control luxury wardrobe."How did you find this?
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By AFP
Bejing -
Late at night, Lalo Lopez heads to a small Shanghai studio for a livestream, punting Chinese products from cycling shorts to vacuum cleaners to Spanish speakers around the world.
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Digital has changed retail and coronavirus has changed retail, yet there remains an importance of the physical store despite the upheaval. However, new times require new business strategies.
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Despite being a digital pioneer, Amazon still sees a market via a physical presence. The e-commerce giant has inidcated that it wishes to continue with its expansion into physical stores to supplement its online offerings.
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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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Retail Image
Precision Jewellers in Windsor, Ontario Google Street View screenshot
The store Desigual in Spain thinkretail
A woman shopping in Manhattan Ed Yourdon
The next phase of retail will be defined by individual experiences Pixabay / Pexels / CC0 License
File photo: Jewelry store Mark Ahsmann
A Currys store in Northern Ireland. Ardfern
Point of sale transaction oregon.gov
A man shopping online, using Google Shopping.
Shoppers shopping at Ikea Dalboz17
Galleria shopping wall, Hatfield, UK.
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
Carnaby street in London for the Holidays.
Retailers might one day sell on Facebook like they do on Amazon Pixabay / Pexels
Inside London's Microsoft store.
Michael Kors is one of several high-end retailers who recently reported poor earnings Mike Mozart
Holland & Barrett, King Street, Hammersmith, London Edward Hands
Technology section in Selfridges Department Store, London.
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