The significant rise of retail fraud, particularly account takeover fraud, has been troubling online retailers in sectors such as fashion and luxury goods. Data from Cifas, the UK’s leading fraud prevention service, shows a staggering 142% increase in cases filed to the UK's National Fraud D
The retail industry is undergoing a technological revolution, driven by the adoption of the Internet of Things (IoT). This transformation offers innovative solutions to enhance customer experiences and streamline operations. By 2032, the IoT in retail market is forecasted to skyrocket to USD 296.67
In a move aimed at revolutionizing the retail shopping experience, Crate & Barrel Holdings Inc. has announced a strategic partnership with Adyen, a global financial technology platform. Known for its high-quality home furnishings, Crate & Barrel aims to elevate its omnichannel retail
The financial landscape is under constant threat from increasingly sophisticated fraud tactics. As technological advancements shape industries worldwide, the fraud detection technology sector is set to revolutionize financial security by 2032. This article delves into the transformative impact of
The Scottish retail industry is currently experiencing unprecedented challenges, marked by the loss of 30,000 jobs and the closure of 500 stores. These significant figures showcase the immense pressure faced by the sector, which has been exacerbated by the aftermath of COVID-19, rising operational
In the modern marketplace, businesses increasingly align profitability with purpose, recognizing the heightened consumer interest in corporate social responsibility. One notable example of this trend is Abbott Lyon’s recently launched 'Charms for Charity' campaign, which aims to support s
Waitrose has announced a groundbreaking £2 million initiative, the BrandsNew innovation program, designed to attract and support promising new brands. This initiative is poised to offer a significant boost to emerging brands by guiding them through the complexities of entering the supermarket
The closure of Flybuys New Zealand's customer loyalty program at the end of 2024 marks the end of nearly three decades in operation. This program, a cornerstone of New Zealand's retail landscape, allowed millions of members to collect reward points through a variety of participating
In a groundbreaking move set to revolutionize the in-store retail media landscape, Médiaperformances and VusionGroup have joined forces. This strategic partnership brings together Médiaperformances' expertise in omnichannel retail media and VusionGroup's cutting-edge IoT and digital s
In the rapidly evolving landscape of Indian retail, Shubham K Mart emerges as a trailblazer, blending decades of industry knowledge with modern technology to redefine the shopping experience. Founded in 2019 by Vijay Kumar Kankariya, the chain has quickly become synonymous with convenience,
