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Tag: news


Retail Types, Stores

New York bans cashless stores in major blow to digital retail payments

January 27, 2020

Via: Charged

Cashless retail stores are now officially banned in New York City in a dramatic shift away from digital payments. New York’s city council approved new legislation almost unanimously last week which will see any retailer which doesn’t accept physical currency […]


E-commerce, Retail Types

Amazon becomes first company in history to top $200bn valuation

January 24, 2020

Via: Charged

Amazon has become the first ever company to see its brand valuation top $200 billion, cementing its place as the world’s most valuable brand for the third year running. The ecommerce giant’s brand valuation jumped 17.5 per cent to a […]


Suppliers

US retail drone deliveries hit major setback

January 23, 2020

Via: Charged

Retail drone deliveries are facing a major setback in the US as key legislation enabling companies to deliver parcels is opposed by powerful groups. The Federal Aviation Administration (FAA) has proposed new rules which would force all drones to be […]


E-payment & Data Security, Tech

Mobile payments now secure than physical cards

January 21, 2020

Via: Charged

Mobile phone payments are now more secure than traditional bank cards thanks to features like facial and fingerprint recognition technology. According to payment provider myPOS’ founder Christo Georgiev services like Apple Pay and Google Pay are “even more secure than […]


E-payment & Data Security, Tech

Amazon working with Visa on hand scanning payment technology

January 20, 2020

Via: Charged

Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month. Payments giant Visa is understood to be helping Amazon test […]


E-payment & Data Security, Tech

Amazon “terminates” employees for sharing customer data with third parties

January 13, 2020

Via: Charged

Amazon has “terminated” a number of employees who were found to have sold customer data to third party sources. The online retailer informed a number of customers via an email, seen by TechCrunch, that their data including email addresses and […]


Retail Types, Stores

Lowe’s to shutter 51 stores in North America

November 5, 2018

Via: Retail Dive

New CEO Marvin Ellison, who arrived in May from J.C. Penney, appears to be taking charge at Lowe’s by shaking up his leadership team at a time when competition is heating up with rival The Home Depot. Lowe’s in August […]


Retail Types, Stores

Claire’s files for bankruptcy

March 19, 2018

Via: Retail Dive

If you have to file for bankruptcy, the way Claire’s did it represents the best possible chance for success. The retailer has reportedly been negotiating with its lenders for weeks about a Chapter 11 plan that would give lenders ownership […]


Others, Retail Trends, Tech

Retail Tech: Beyond Shiny Baubles and Gadgets

January 23, 2018

Via: Independent Retailer

In 2018, brick and mortar retailers have to rebalance their split focus between bricks and online. While it continues to be critical to improve online resources, after years of incredible hype about “it’s all about online” we now know that’s […]


Retail Types, Stores

Sears downgraded as it negotiates with lenders

January 19, 2018

Via: Retail Dive

Sears said in January it was committed to becoming profitable again this year. Its road toward black ink, however, still looks long and uncertain. For one, it had an alarmingly terrible holiday sales season. The retailer said in January that […]