All Technology articles – Page 16
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News
Co-op turns to AI and secure tills as retail crime soars
The Co-op has turned to AI technology at self-checkouts and secure tills after a 44% rise in retail crime with grocery retailers reporting as many as 1,000 incidents a day, The Guardian reported.
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News
Snap to lay off 10% of its workforce
Snap Inc, which operates Snapchat, plans to axe “approximately” 10% of its staff, which is estimated to be around 500 people.
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Analysis
The rise of retail media networks: why the digital ad revolution is taking off
With The Co-op announcing the launch of the UK’s first retail media network in the convenience sector, Retail Week assesses whether the advertising platform is a viable option for all retailers to explore.
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Analysis
Gen-AI cheat sheet for retailers: The tech trends to watch out for in 2024
Generative AI has exploded into the public consciousness in the past 12 months and impacted every sector of retail. But as AI adoption picks up pace, how can retailers prioritise where to invest to leverage the technology’s full capabilities? Retail Week explores three trends to watch out for in 2024.
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News
Amazon profits surge after strong Christmas and growth in AWS
Amazon posted surging profits and sales that exceeded expectations on Wall Street off the back of strong festive trading and growth in its cloud computing arm.
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News
Ryman launches app to disrupt online greeting cards sector
Theo Paphitis, former Dragon’s Den star and owner of Theo Paphitis Retail Group, has launched the first Ryman mobile app as the retailer aims to “disrupt the online greeting cards industry”.
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News
Deliveroo couples up with Ann Summers for Valentine’s Day
Deliveroo and Ann Summers have joined forces to bring customers rapid delivery of sexual wellness products in the run-up to Valentine’s Day.
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News
Co-op launches ‘momentous’ retail media network for convenience
The Co-op has launched its own retail media network, making it the first in the UK in the convenience sector.
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News
Secret Sales names new chief technology officer
Secret Sales has named Anthony Farrow as its new chief technology officer as part of the marketplace’s bid to narrow its focus amid its ongoing expansion strategy.
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Interview
Q&A: By Rotation founder Eshita Kabra on transforming fashion consumption
As fashion-conscious shoppers increasingly opt to rent clothing, By Rotation founder and chief executive Eshita Kabra talks to Retail Week about the platform’s unique business model and the importance of fostering a considered and inclusive rental community for the future
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Opinion
‘Walmart’s closing its tech incubation hub – and that might be a good sign’
On the face of it, shutting down a technology incubation unit, as Walmart is doing, looks a bit Jurassic Park in its thinking.
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News
Hidden charges for online shoppers to be banned
Unavoidable hidden fees for online shoppers are set to be banned under new law proposals expected to come into force this spring.
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News
eBay to axe 1,000 roles
Online marketplace eBay will lay off around 1,000 staff in the US, equating to an estimated 9% of its current workforce.
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Events
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Analysis
The future of retail technology straight from the Expo in New York
As more than 1,000 retail tech companies from around the world showcased their latest innovations at NRF 2024: Retail’s Big Show in New York last week, here is Retail Week’s round-up of the groundbreaking technology revealed at the Expo.
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News
THG Ingenuity partners with fashion retailer Omnes 'to go to next level'
THG’s tech business Ingenuity Commerce has announced a new partnership with UK-based sustainable fashion retailer Omnes to fuel its growth plan.
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Data
Exclusive: eBay was most popular secondhand platform over Christmas
eBay has topped Vinted and Depop to be named the most popular secondhand platform in December 2023 as demand for pre-loved gifting surged over Christmas.
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Data
Generation Alpha: Who’s influencing the next retail influencers?
Next year Generation Alpha will be at its peak, with 2 billion from this age group around the globe, but who is influencing the next influencers? Retail Week teams up with Beano Brain to find out what the retail world looks like through the eyes of Gen A
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Opinion
‘Big changes at Sainsbury's hint at next strategic phase’
As Sainsbury’s prepares for a strategy update to the City at the start of next month, some big developments hint at what may be expected
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News
Holland & Barrett teams up with THG for supply chain overhaul
Holland & Barrett has proposed a three-year partnership with THG’s tech arm Ingenuity as it undergoes a “multimillion-pound redevelopment of its supply chain”.