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Underwhelming in-store device experience tempers consumer excitement for AI in retail

1 Underwhelming in-store device experience tempers consumer excitement for AI in retail

New research from SOTI has found that while 95% of UK consumers have used in-store tech, only 23% believe in-store devices – such as kiosks, tablets, scanners and mobile computers – enhance their experience.

The findings come from SOTI’s latest report, Techspectations: Consumer Demand for Digital Transformation in Retail, which surveyed 11,000 global consumers, including 2,000 in the UK.

Retail is top for local gift card sales in 2023 with, 69% uplift in 2024 to date

2 Retail is top for local gift card sales in 2023 with, 69% uplift in 2024 to date

Retail is top for local gift card redemptions in the UK in 2023 says Miconex. Primark, M&S, Boots, Next, Sainsbury’s, John Lewis and Aldi are within top national retailers. Around 50% of cards are spent with independent retailers and businesses.

B2B2C

3 B2B2C

The predicted convergence between B2B and B2C is set to continue in 2024, which puts even greater pressure on product information management. However, as Kristin Naragon, Chief Strategy and Marketing Officer at Akeneo explains, there are rich benefits for both sellers and buyers.

German flooring retailer enhances showroom experience with nsign.tv digital signage

4 German flooring retailer enhances showroom experience with nsign.tv digital signage

MeinBodenbelag, a 160-year-old floor covering retailer in Neresheim, Germany, has elevated its showroom experience by implementing a digital signage network powered by the nsign.tv software platform. The system includes 20 displays strategically placed throughout the store, providing customers with an engaging experience and contributing to extended visitor stays.

Onramp Funds appoints Dr. John Coaster as Head of Credit and Analytics

5 Onramp Funds appoints Dr. John Coaster as Head of Credit and Analytics

Onramp Funds, the funding provider that supports the growth of e-commerce businesses, has appointed Dr. John Coaster as its Head of Credit and Analytics.

Onramp Funds hires Dr. John Coaster as Head of Credit and Analytics

6 Onramp Funds hires Dr. John Coaster as Head of Credit and Analytics

Onramp Funds, the funding provider that supports the growth of e-commerce businesses, has appointed Dr. John Coaster as its Head of Credit and Analytics.

Direct-to-Consumer fulfilment is among the top priorities for 84% of European commerce and supply chain leaders

7 Direct-to-Consumer fulfilment is among the top priorities for 84% of European commerce and supply chain leaders

Eighty-four percent of commerce and supply chain leaders rank Direct-to-Consumer (DTC) fulfilment among their top three priorities with more than a third saying it has become their most important initiative. This was a key finding in recent research commissioned by cloud-based, omnichannel fulfilment software provider, Deposco.

47% of Britons prefer to shop online for Home and Garden

8 47% of Britons prefer to shop online for Home and Garden

Research conducted by YouGov on behalf of Linnworks, the inventory management system (IMS), order management system (OMS) and warehouse management system (WMS) solutions provider and recently announced Connected CommerceOps platform, shows that 47% of British consumers prefer to shop online for Home and Garden.

UK retailers must look to point of sale and display solutions to reduce retail theft in 2024

9 UK retailers must look to point of sale and display solutions to reduce retail theft in 2024

In the ever-evolving landscape of retail, businesses face an ongoing challenge: theft. Despite many retailers implementing additional security measures the issue of stolen goods continues to plague the industry with beers and wine, health and beauty products, and baby formula being the most common stolen goods.

New Era Japan elevates customer experience with GroupBy's AI-First e-commerce Search and Product Discovery platform

10 New Era Japan elevates customer experience with GroupBy's AI-First e-commerce Search and Product Discovery platform

GroupBy Inc., a SaaS-based B2C and B2B e-commerce product discovery technology provider, has implemented its AI-first e-commerce Search and Product Discovery platform powered by Google Cloud Discovery AI, for New Era Japan, the Japanese branch of New Era Cap Co.

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