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Retail News

Ocado and Kroger in retail technology deal

London - British online grocer Ocado has struck a collaborative technology deal with the U.S. retail giant Kroger. The news led to share price rise for both companies.

Interview: How millennials are changing businesses Special

Are millennial preferences really killing dozens of industries? Not necessarily, according to Brennan Wilkie, SVP of CX Strategy at InMoment. Instead millennials are misunderstood when it comes to the retail customer experience.

Amazon delivers hefty profits, led by web services

San Francisco - Internet colossus Amazon on Thursday reported that its quarterly profit more than doubled on soaring revenue from online commerce and cloud services.Amazon said it earned $1.

Family says no hope for German billionaire lost in Swiss Alps

Berlin - Family members of German retail billionaire Karl-Erivan Haub have lost hope of finding him alive, a week after he went missing while skiing in the Swiss Alps, his company Tengelmann group said Friday.

Trump wants Amazon to increase how much it pays US Post Office

President Donald Trump has circled back to his criticism of Amazon in recent weeks, tweeting that he wanted Amazon to stop using the US Post Office "as their Delivery Boy."

Uber expands global food delivery business

Uber’s food delivery service UberEATS is set to expand to over 100 cities throughout Europe, the Middle East, and Africa. This appears to be a new priority for the company, with its taxi service already established.

Amazon Japan says cooperating after raid in antitrust case

Apo - The Japanese unit of the US internet giant Amazon said on Thursday it was cooperating with authorities after a fair trade watchdog raided its Tokyo headquarters on allegations of antitrust violations.

Supermarket faces prosecution for French Nutella frenzy

Paris - French supermarket chain Intermarche faces prosecution over heavy discounts that sparked frenzied scenes as customers jostled to get their hands on cut-price jars of Nutella, anti-fraud authorities said Thursday.

Self-driving robotic delivery vehicles tested

The automation of retail is extending out in many directions, from self-service to drones. Another area being developed is with self-driving delivery vehicles. A new startup has unveiled a robotic solution.

China's timeless mom-and-pop investors 'endure' as stocks gyrate

Much of China's stock trading is conducted remotely via high-tech systems in banks and brokerages or on mobile phones, but the country's masses of mom-and-pop investors still cling to older ways.

Interview: Secure shopping online made easy Special

Token is a mobile app that enables you to shop securely by disguising your payment details. To understand how this works, and the advantages for businesses and consumers, Digital Journal spoke with Zohar Steinberg.

French supermarket boss hauled in over Nutella frenzy

Paris - The French government has implored supermarkets to refrain from the kind of promotion deals that have led to in-store scuffles over cut-price jars of Nutella, a minister said Wednesday.

Digital transformation journey of high street health food chain

London - The high street is changing and retailers that want to survive the disruption of on-line challenges need to embark on digital transformation projects. One company squaring up to the challenge is health food chain Holland & Barrett.

Sure signs of retail's digital transformation

Many consumers are used to the real-time, personalized world that the modern digital landscape. This is seemingly more so with retail than with other sectors. Five key trends show this in action.

Starbucks opens first cashless store

Seattle - Ubiquitous coffee chain Starbucks is to open its first cashless store as a pilot. The store is located in the company's birthplace of Seattle. If successful this alternative retail model could be rolled out to other coffee shops.

London store Harrods to remove Diana statue

London - London luxury department store Harrods said Saturday it was taking down a statue of the late Princess Diana and her boyfriend Dodi Al Fayed and returning it to former owner Mohamed Al Fayed.

French prosecutors urge Ikea espionage trial

Versailles - French prosecutors are pushing for Ikea France and 15 people, including police officials, to be put on trial on charges of spying on employees and customers, a source close to the inquiry said Thursday.

Lotte Group founder: rags to riches to prison term

Seoul - The nonagenarian founder of South Korean retailer Lotte Group went from rags to riches but faces the prospect of ending his days in prison after being convicted of embezzlement and other offences on Friday.

Founder of S. Korea's Lotte Group given 4 years jail

Seoul - The wheelchair-bound nonagenarian founder of South Korea's embattled Lotte retail conglomerate was convicted of embezzlement and breach of duty Friday and sentenced to four years in prison.

Simplifying travel planning through technology and AI: Interview Special

The way businesses and consumers book travel is set for further shake-ups as artificial intelligence becomes the norm. The process of planning travel is becoming simplified and easier.

Study: Old infrastructure holding back new in-store retail tech

The limitations of legacy infrastructure are forcing retailers to reconsider their plans for in-store tech. According to a study commissioned by retail software provider Zynstra, 98 percent of retailers would use more new tech if deployment was simpler.

Amazon claims record-breaking Australia launch

Sydney - Amazon's Australia launch was the company's biggest-ever opening day for orders, the US giant said Wednesday, but some shoppers were underwhelmed by the range of goods and prices on offer.

Black Friday sales have already passed $3.5 billion

Black Friday shoppers have spent more than $3.5 billion online. The deals have never been steeper. The demand for discounts and rise of online shopping could be a problem for some retailers if they fail to adjust their strategies.

Rebuilding the pharmacy from shop to digital: Interview Special

Washington - CaryRx is a pharmacy startup that has set out to rebuild the pharmacy concept from the ground up, through the use of a mobile app. To hear more about this next generation approach to pharmacies we spoke with company co-founder Areo Nazari.

Chinese consumers spend billions in 'Singles Day' shopping binge

Shanghai - China's smartphone-wielding masses unleashed billions of dollars in e-commerce spending Saturday as they rushed to snap up bargains on "Singles Day", billed as the world's biggest one-day online shopping festival.

In China's e-commerce boom, it takes a village

Xuzhou - Workers wielding screeching hand-held wood sanders toil overtime in Cheng Huaibao's bunk bed factory, rushing to prepare for the wave of orders about to break on manufacturing businesses like his across China.

Funfair operators block Paris over Christmas market row

Paris - Angry French funfair operators blocked major roads around Paris on Monday in protest at plans to axe the Christmas market on the prestigious Champs-Elysees because authorities deemed it tacky.

Amazon now lets you view items in your home using AR

Amazon has announced a new app feature that lets you view what items look like in your home using augmented reality. It uses Apple's ARKit platform to let you visualise online products inside your living area, helping you decide which one to purchase.

Croatia issues arrest warrant for retail giant chief

Zagreb - Croatian prosecutors said Saturday they issued an arrest warrant for the boss of ailing Balkans food and retail giant Agrokor, suspected of financial wrongdoing and currently outside the country.

The rise of cryptocurrency as an acceptable means of payment

Amsterdam - Should a business accept a cryptocurrency as a means of payment? This is a question that has its answer rooted in the particular business model. Certainly there are advantages for online businesses and this is a growing number.
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A store advertising its sales
A store advertising its sales
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The NorthPark centre mall in Dallas
The NorthPark centre mall in Dallas
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Retailers might one day sell on Facebook like they do on Amazon
Retailers might one day sell on Facebook like they do on Amazon
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A Target store
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A Currys store in Northern Ireland.
A Currys store in Northern Ireland.
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The next phase of retail will be defined by individual experiences
The next phase of retail will be defined by individual experiences
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Shoppers shopping at Ikea
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Topshop is a subsidiary of Arcadia in the U.K.
Topshop is a subsidiary of Arcadia in the U.K.
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TJ Hughes department store in Liverpool, England
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Most Americans don’t have a travel bucket list, according to a new survey.
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Official Ticket Center
A young girl looks up at a toy sales display in a JC Penney store during Black Friday sales in New Y...
A young girl looks up at a toy sales display in a JC Penney store during Black Friday sales in New York
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Holland & Barrett, King Street, Hammersmith, London
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File photo: Jewelry store
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Michael Kors is one of several high-end retailers who recently reported poor earnings
Michael Kors is one of several high-end retailers who recently reported poor earnings
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