All Innovation & disruption articles – Page 10
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Analysis
How Poland, Australia and India’s biggest retailers are investing for growth
Retail Week and WRC’s latest report celebrates new strategic thinking, technology investments and partnership approaches retailers can learn from their international counterparts. Spanning 18 global markets, here are three need-to-know strategies being pursued by retailers from around the world
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News
Shopify enters global partnership with B2B retail marketplace
Shopify has entered a global partnership with B2B independent retail marketplace Faire, which will introduce new ways for businesses to grow and manage their offerings across both platforms.
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Analysis
Five ways Shein is disrupting fashion as it posts £1bn in UK sales
In September 2023, Shein’s UK business posted £1.1bn in sales and a pre-tax profit of £12.2m in the 16 months to December 31, 2022, according to a Companies House filing. Here are the key things you need to know about this ecommerce powerhouse and how it is making waves in the fashion industry
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Innovation of the Week
Innovation of the Week: Tesco partners with Hasbro on toy recycling trial
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Interview
Q&A: Shopify directors on leveraging AI and creating new products
Shopify’s managing director for Europe, Middle East and Africa Deann Evans and director of product Miqdad Jaffer speak to Retail Week about the marketplace’s AI offering, its new suite of products and always adapting to the retail market
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Innovation of the Week
Innovation of the Week: Nobody’s Child introduces first digital product passports
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Analysis
The Disruptors: Nine brands transforming the way shoppers pay
The latest instalment of Retail Week’s Disruptors series showcases the companies making waves in the payments sector.
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Opinion
‘Successful digital transformation should also mean return on investment’
The current climate presents an opportunity for retailers to leverage the full spectrum of technological advancement, believes Alvarez & Marsal’s Erin Brookes
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Report Store
The Global Innovation Report
This report showcases the technology, data and new thinking being drawn upon by global retailers in 18 markets to drive innovation in all areas of business.
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Analysis
Four of the biggest innovations coming out of global retail
Published today, The Global Innovation Report takes a detailed look at retailers and brands spanning 18 international markets for inspiration on new thinking, technology and partnerships to drive a path forward. Here we highlight four significant innovations
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Analysis
Can Need It For Tonight fashion succeed where on-demand grocery has stalled?
During the pandemic, on-demand grocery apps such as Getir saw a huge surge in demand as shoppers leaned into the convenience of immediate delivery to their homes. But the popularity of on-demand grocery has plummeted – just this week, Getir revealed it is cutting 10% of its global workforce. Retail Week explores if on-demand fashion can succeed where rapid grocery has stalled
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Innovation of the Week
From metaverse beauty tie-ups to rental housing – 18 innovations changing retail
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Opinion
‘John Lewis’ ambition to marry humans and AI is the retail holy grail’
John Lewis Partnership has become the latest retailer to focus on the potential of AI following a new tie-up with Google.
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News
TikTok Shop launches same-day fulfilment in the UK
TikTok Shop has launched Fulfilled by TikTok (FBT), a new logistics program designed to make it easier for merchants to sell on the platform in the UK.
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Interview
Lick CEO Lucas London on giving DIY retail a lockdown makeover
Lick chief executive Lucas London didn’t much like what other home decor brands had done with the place. Digitally ineffectual, environmentally iffy and often unhelpful to any non-DIY savvy shoppers – it’s not hard to see why the entrepreneur thought the sector needed a makeover.
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News
Co-op extends robot grocery delivery service across Leeds
The Co-op is expanding the roll-out of its autonomous grocery delivery service to cover more areas across Leeds.
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Opinion
Ocado’s Luke Jensen: Retail should embrace AI – it won’t bite
Debates around the future direction of AI have been lifted out of the realms of academia and advanced technology and into the mainstream. So what’s changed? Why the hype? And why should the retail industry care? Ocado Solutions chief executive Luke Jensen explains all.
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Analysis
Strategy spotlight: Five ways Zara owner Inditex can remain on top
Inditex saw group profits surge in its latest quarter, with pre-tax profit margins rising from 14.7% to 19.8% and group EBITDA jumping 14% to €2.2bn (£1.89bn) for the three months to April 30, 2023 (2023/24)
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Analysis
Inside an Amazon warehouse during Prime Day
Amid the ongoing battle between Amazon and the GMB union, Retail Week visits Amazon’s LCY3 fulfilment centre in Dartford, Kent, on one of the ecommerce giant’s busiest days of the year