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Retail News

Online or offline? What strategies should retailers adopt? Special

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.

Four strategies for retail stores to survive the COVID-19 wave

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.

Fresh ideas for improving the logistics chain under COVID-19 Special

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.

Hundreds shrug off pandemic for Ikea's new India store

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.

China's Alibaba 'dismayed' by Uighur facial-recognition software

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.

California wants pandemic cases info from Amazon

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.

Contactless payment methods are key to retail turnaround efforts Special

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.

Millions of RedDoorz user records found for sale online Special

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.

A glimmer of hope for brick-and-mortar retailers?

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.

Top cyber tips for retailers ahead of the shopping season Special

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.

China's luxury shoppers call in the tidy teams

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?

Foreigners join China's livestream sales army

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.

Q&A: How can physical stores entice customers back? Special

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.

Despite the pandemic, Amazon is betting on brick-and-mortar Special

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.

Visionary UK designer Terence Conran dies at 88

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.

Which retail technology trends will survive COVID-19?

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”?

Q&A: Consumer sentiment trends as businesses open back up Special

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.

Amazon mistakenly tells workers to take TikTok app off phones

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.

Amazon tells workers to take TikTok app off phones: report

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.

Microsoft to permanently close all retail stores

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.

Mixed fortunes for London shops hit by pandemic

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.

British supermarkets threaten Brazil boycott over Amazon land law

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.

COVID-19: Analyzing data to discover trends for consumer spending

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.

How the cannabis sector is embracing digital transformation

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.

European recession is driving an increase in online sales

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.

How COVID-19 is reshaping shopping habits

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.

Mixed reception to Italy's easing of virus lockdown

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.

Harrods shuts its doors over coronavirus

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.

Last of Apple's 42 stores in China reopen

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.

Virus panic buying prompts toilet roll rationing Down Under

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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Precision Jewellers in Windsor  Ontario
Precision Jewellers in Windsor, Ontario
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The store Desigual in Spain
The store Desigual in Spain
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Sears
Sears
Mike Kalasnik
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A woman shopping in Manhattan
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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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File photo: Jewelry store
File photo: Jewelry store
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A Currys store in Northern Ireland.
A Currys store in Northern Ireland.
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Point of sale transaction
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A man shopping online, using Google Shopping.
Shoppers shopping at Ikea
Shoppers shopping at Ikea
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Galleria shopping wall  Hatfield  UK.
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 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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Carnaby street in London for the Holidays.
Carnaby street in London for the Holidays.
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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Inside London s Microsoft store.
Inside London's Microsoft store.
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Best Buy
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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
Mike Mozart
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Holland & Barrett, King Street, Hammersmith, London
Edward Hands
Technology section in Selfridges Department Store  London.
Technology section in Selfridges Department Store, London.

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