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Tag: news


E-commerce, News & Trends

TikTok beats Youtube for social media-related shopping

March 2, 2023

Via: Charged

Twitter influencers are turning to TikTok for shopping, preferring it to other social media apps like Instagram and Snapchat, according to the latest study. The Social Media Analytics Platform of GlobalData, a data analytics company, analysed discussions related to shopping […]


E-commerce, Retail Types

67% of B2B buyers want to conduct business via avatars in the metaverse

February 23, 2023

Via: Charged

Some 67% of B2B buyers want to conduct their online buying via an avatar in the metaverse, demonstrating the appetite for experiences that fuse physical and digital interaction together, according to a new report by Wunderman Thompson. The research also […]


News & Trends

Instagram to wind down live shopping next month

February 16, 2023

Via: Charged

Instagram is set to wind down its live shopping feature next month, according to a post on its site. It comes as the latest instalment in a series of commerce-related retreats from Meta, following on from the removal of its […]


News & Trends

Secret Sales revenue rockets 70% in 2022

February 15, 2023

Via: Charged

Secret Sales top-line grew 70% last year making it “one of Europe’s fastest growing fashion ecommerce platforms”. The premium non-full price marketplace has expanded its total inventory by 125% year on year, which is now valued at £3bn. The good […]


E-commerce, Retail Types

Amazon loses the middle man as it looks to source directly from brands

February 15, 2023

Via: Charged

Amazon has informed its European vendors that it will now focus on sourcing its products on directly from brands instead of wholesalers, in an email seen by Retail Week. The US retail giant said it had reviewed the options before […]


News & Trends

Government announces long-awaited crackdown on BNPL firms

February 15, 2023

Via: Charged

The UK Government has released draft legislation to clamp down on the booming buy now pay later (BNPL) sector, in an effort to protect consumers from potential harm. The draft legislation comes over two years after the Government originally revealed […]


E-payment & Data Security, Tech

Watch: Paying with your palm? Payments giant launches ‘world’s most secure’ solution

February 15, 2023

Via: Charged

Global payments leader Ingenico has unveiled what it calls the “future of payment”. “Introducing the world’s most secure, accurate and seamless biometric payment solution based on palm vein identification,” the company said in a release. The payments provider believes that […]


E-commerce, Retail Types

Pandemic? What pandemic? Online sales growth in-line with pre-Covid levels

February 14, 2023

Via: Charged

Online sales have grown as if the pandemic did not happen, according to IMRG, with a similar annual growth level achieved between 2019 and 2022. Despite the 35% annual online sales jump in 2020, waning ecommerce demand since since April […]


Suppliers

Amazon scales back air cargo service as demand wanes

February 7, 2023

Via: Charged

Amazon is prepped to scale back its air cargo service as demand cools and economic growth slows. According to one of the company’s key air cargo operators said Monday that the ecommerce giant is scaling back on flights this year. […]


E-payment & Data Security, Tech

Co-op taps PayPal to give shoppers additional payment choice

February 3, 2023

Via: Charged

Co-op and PayPal have partnered up to give shoppers extended choice when it comes to paying at checkout. The solution is now available for shoppers as a payment option for purchases of online home delivery orders and Click and Collect […]


FMCG products, Retail Types

Amazon appoints grocery veterans as Fresh operation releases brakes

February 2, 2023

Via: Charged

Amazon has appointed two grocery veterans to help ease the brakes off its Fresh operation in the UK. Both Claire Peters and Peter Bowrey have officially joined the company, taking on the roles of vice president of retail and vice […]


Suppliers

“Robots could surpass workers at Amazon by 2030”

February 2, 2023

Via: Charged

The number of robots ‘working’ at Amazon is drastically increasing, according to Ark Invest’s Cathie Wood. “Amazon is adding about a thousand robots a day. … If you compare the number of robots Amazon has to the number of employees, […]


News & Trends

JD Sports to invest in omnichannel as it moves ‘beyond physical retail’

February 2, 2023

Via: Charged

JD Sports is enhancing its omnichannel offering as part of a wider five-year strategy to build upon and further secure its current position as the ‘leading global sports-fashion specialist’. CEO Régis Schultz is updating investors on the group’s new strategic […]


E-commerce, Retail Types

Survey: 86% of consumers say inflation is helping them seek better value when shopping

January 31, 2023

Via: Charged

Marketplace platform Mirakl has released its annual Consumer Preferences in a the Digital-First Economy report. The second edition of the report surveyed 9,600 global consumers regarding their preferences and habits when shopping both in-person and online. According to the findings, […]


Suppliers

Amazon to start charging delivery fees on Fresh grocery orders

January 30, 2023

Via: Charged

Amazon has announced that shoppers ordering over £120 of groceries through Amazon Fresh will need to pay a delivery fee, starting 28 February. The service is only available to Amazon Prime members who pay £112 per year to participate. The […]


Suppliers

Smartphone shipments plunge to worst low since 2013

January 26, 2023

Via: Charged

Global shipments of smartphones tumbled in Q4 to the lowest level since 2013. Normally the festive period provides a boost for smartphone manufacturers, however thanks to macroeconomic weakness and waning consumer demand, research from IDC claimed. Electronic retailers shipped 300.3 […]


E-commerce, Retail Types

Free returns could be on the way out as consumers prepared to pay

January 26, 2023

Via: Charged

One in four consumers are willing to pay return fees, according to Sendcloud. Major retailers like H&M and Zara have started charging customers for returns, and as a result one in four consumers revealed that they are willing to pay […]


E-payment & Data Security, Tech

PayPal ties up with Bold Commerce

January 25, 2023

Via: Charged

PayPal has announced it is partnering with ecommerce tech company Bold Commerce. PayPal is working with Bold Commerce to bring payments and commerce together as the fintech company moves into the growing headless commerce market. “Payment choice and flexibility have […]


E-payment & Data Security, Tech

Amazon expands Stripe partnership to enhance online payments

January 24, 2023

Via: Charged

Amazon is expanding its partnership with Stripe, deepening the two companies’ long-standing relationship. Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US, Europe, and Canada, processing a significant portion of Amazon’s total payments […]


Customer Experience, E-commerce

Amazon sellers can bid for more storage space with new capacity management system

January 20, 2023

Via: Charged

Amazon will introduce a new capacity management system for third-party sellers using its fulfilment services that enables the option to bid for additional storage space. Sellers will also be able to request additional Fulfilment by Amazon (FBA) inventory capacity based […]