Tag: news

November 18, 2022

Ecommerce giant eBay has opened a store called the Luxury Exchange that will accept pre-owned luxury items as currency. The store, which has opened during Jewellery Week in the heart of New York’s Diamond District, enables shoppers to exchange jewellery, […]

November 16, 2022

Amazon prices are 13% lower than other retailers for everyday essential items such as food and beverages, according to a new report by global eCommerce analytics company Profitero. The study says there are “stark” online price differences across 15 leading […]

November 15, 2022

YouTube is expanding its social commerce features as it introduces shopping features to the world’s biggest video streaming site. The move comes as a way of diversifying income as the digital ad slowdown starts to affect to the tech sector. […]

November 14, 2022

Gap has tied up with Amazon to enable the clothing retailer to start selling products on the Amazon Fashion platform in the US and Canada. Customers can shop from an offering of basic, modern essentials for the family, including hoodies, […]

November 11, 2022

Amazon is under the process of reviewing some of its loss-making divisions as it continues on its path of cutting costs. Amazon is under the process of reviewing some of its loss-making divisions as it continues on its path of […]

November 10, 2022

New research from global Coalfire Coalfire has found that retail is one of the worst-performing sectors when it comes to defending against cyberattacks. The analysis comes just as retailers across the UK are gearing up for the vital Christmas trading […]

November 9, 2022

Retailers are being warned by strategy consultant OC&C that consumers increasingly basing their purchase decisions on value for money above all other things. In line with this week’s British Retail Consortium (BRC) Retail Sales Monitor figures, OC&C’s latest annual Retail […]

November 7, 2022

Amazon has teamed up with Snap to offer augmented reality fashion experiences that lets customers digitally try on different eyewear brands. Snap’s “virtual try-on” method gives 363 million daily active Snapchat users access thousands of eyewear styles in Amazon Fashion […]

November 7, 2022

Many people and organisations still view cloud adoption mainly through the lens of IT cost savings, and supply chain-related businesses are no exception. I have much empathy for such a perspective, though, as a technology fellow in a cloud software […]

November 4, 2022

Amazon has announced it is pausing hiring for roles in its corporate workforce as it continues to cut back on expenses. The announcement was made via a staff memo which was sent out on Thursday. Last month, Amazon said it […]

November 4, 2022

Online influencer platform LTK has expanded its executive leadership team, appointing former Groupon and eBay executive Jeremy Paterson as general manager of its international division. Paterson will lead efforts to “advance the opportunity for creators, brands and shoppers in international […]

November 4, 2022

A whopping 80% of Gen Z consumers plan to use social media for their festive shopping this year, with 41% set to use it for most or all of their Christmas purchases, according to research by SimplicityDX. The research reveals […]

November 3, 2022

A whopping 93% of retailers say there is “vast” or “significant” room for improvement in projects that focus on bringing new digital products and services to market, according to a new report from digital product consultancy Elsewhen. The research reveals […]

November 1, 2022

Figures from Wunderman Thompson Commerce have revealed that consumers are set to spend up to 50% less than usual this Black Friday. Overall spend per consumer is expected to fall from £168.18 in 2021 back to the 2020 average of […]

November 1, 2022

Tesco will begin charging electric vehicle (EV) drivers a set fee for using its supermarket charging points across its store network from today. According to the supermarket giant, EV drivers have enjoyed more than 86 million miles of free electric […]

October 27, 2022

Apple’s ecommerce sales have surged a huge 97% in just two years, racing into third position behind Amazon and JD.com in the US. “The trend is clearly evident that Apple is benefiting from the global move to e-commerce and away […]

October 24, 2022

Discount retailer B&M has partnered with buy now pay later giant Klarna, enabling customers to spread the cost of their purchases, The Grocer reports. B&M shoppers will now be able to complete a transaction at checkout using Klarna’s app and […]

October 19, 2022

Asos has said it has committed itself to overhauling it business model after it plunged to an operating loss of almost £10 million for the year. Shares of the fast-fashion giant are down 80% this year, prompting new CEO José […]

October 19, 2022

Amazon has opened its second Amazon Style store in the US, aiming to merge physical and digital retail into a bricks-and-mortar space. The new phygital store has opened at Easton Town Center in Columbus, Ohio. Amazon debuted its first instalment […]

October 18, 2022

UK online retail sales fell by 3.3% in September year-on-year, the fourth consecutive month as rising levels on inflation hit consumers in their wallets, according to the IMRG Capgemini Online Retail Index. The numbers represented a minor improvement on August’s […]