Retail Technology, EPoS, Retail Supply Chain, e-Commerce

Analysing the annual revenue of the UK retailers with the fastest profit growth reveals a total potential recovery of £7.232 million each year as a result of refusing cash payments.

The decision by the Competition and Markets Authority to consider an investigation of the acquisition of Lookers by Google, was announced yesterday.

OnBuy has launched a new service called Boost. Launched in time to give OnBuy sellers maximum benefits ahead of the seasonal traffic peak, Boost is designed to help sellers gain more exposure and improve the visibility, rank and placement of their listings on and off OnBuy.

Growing social media commerce will cause one-in-five online shoppers to return more items, according to new research from international logistics company Advanced Supply Chain Group.

99% of the UK’s top 100 fashion retailers are failing to provide customers with a personalised post-checkout experience by neglecting to send tailored shipping communications to their customer, meaning the majority are missing out on a vital marketing channel, according to parcelLab’s ‘UK E-Commerce Shipping Study 2020: Fashion Edition’.

CommerceHub presented key research findings at The Internet Retailing Conference on 10 October 2019 from its survey of 200 online retail decision makers and workers, uncovering their current mindset around using drop ship or marketplace models to cost-effectively expand product range.

By Steve Villegas, FinTech and Partnerships Leader, PPRO. 

Retail has increasingly become a mobile function to meet the needs of a constantly on-the-go consumer base, especially with the rise in popularity of mobile E- wallets. The introduction of 5G will only enhance innovations in retail technology and in turn, benefit the consumer.

Dr. Kerstin Braun, President of Stenn Group, an international provider of trade finance headquartered in the UK, comments on the Eurostat retail trade figures and drop in Asian markets/FTSE 100: 

Johnson Controls has announced that Sensormatic Solutions, its global retail solutions portfolio, has released the annual ShopperTrak predictions of the top five busiest UK shopper traffic days for peak trading 2019.

The Golden Sales Quarter (October - December) for retailers is fast approaching, but many retail businesses are not fully prepared for the accompanying onset of increased website traffic this usually brings, according to new research.