Retail News
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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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By AFP
Seattle -
Amazon unveiled a lineup of new Alexa-powered products on Wednesday extending from homes and cars to wearable devices, and a celebrity voice option for the popular digital assistant.
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By AFP
Seattle -
Amazon unveiled a lineup of new Alexa-powered products on Wednesday extending from homes and cars to wearable devices, and a celebrity voice option for the popular digital assistant.
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By AFP
Shanghai -
Jack Ma steps down next week as chairman of Alibaba, but the start-up he built into an online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture.
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By AFP
Washington -
US pharmacies CVS and Walgreens and supermarket chain Wegmans on Thursday asked customers not to openly carry firearms in their stores, or not to bring them in at all.
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By AFP
Bejing -
No cash, no cards, no wallet, and no smartphones: China's shoppers are increasingly purchasing goods with just a turn of their heads as the country embraces facial payment technology.
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Companies have typically used market research in order to gain consumer insights. But in the age of social media, consumer preferences change rapidly and data gathered from months-long research projects is static and one-dimensional. AI can overcome this.
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By AFP
Apo -
Once a pioneer in cashless transactions, Japan is now lagging behind as the world's biggest economies increasingly embrace electronic payments -- because its ageing population still prefers physical money.
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Retail Image
A Mac's Convenience store dennissylvesterhurd
Microsoft store in London.
Point of sale transaction oregon.gov
Technology section in Selfridges Department Store, London.
Carnaby street in London for the Holidays.
Topshop is a subsidiary of Arcadia in the U.K. thinkretail
Items on sale at the Galleria shopping centre, UK.
A woman shopping in Manhattan Ed Yourdon
The NorthPark centre mall in Dallas liangjinjian
Shoppers shopping at Ikea Dalboz17
A close-up of an average vending machine SalimFadhley
Holland & Barrett, King Street, Hammersmith, London Edward Hands
People on an escalator at a shoppinbg mall (Hatfield, UK).
Galleria shopping centre, 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
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.
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