All Innovation & disruption articles – Page 15
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AnalysisFour 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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AnalysisCan 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 WeekFrom 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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NewsTikTok 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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InterviewLick 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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NewsCo-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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OpinionOcado’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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AnalysisStrategy 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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AnalysisInside 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
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Report StoreRetail Changemakers
Featuring exclusive sales forecasts, Retail Week analysts have identified fifteen global retailers and brands that are excelling in supply chain operations. Meet the Retail Changemakers
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DataWorld’s top 15 retailers for supply chain performance named
Retail Week’s analyst team has identified inspirational brands enjoying sales growth due to supply chain innovation and transformation, achieving greater efficiencies, or both
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NewsMango invests in Union Avatars to drive technology focus
Mango has invested in digital identity and virtual avatar creation platform Union Avatars as it continues “strengthening its commitment to technology” through its Mango StartUp Studio business accelerator programme.
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NewsKlarna and Stellar Global launch virtual shopping solution
Klarna has partnered with retail experience agency Stellar Global to deliver a virtual shopping solution for ecommerce brands.
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AnalysisStrategy spotlight: Five ways Fast Retailing is driving growth
While it is still only half the size of Inditex in terms of total sales, Uniqlo’s Japanese parent company Fast Retailing is intent on closing the gap with the world’s two largest clothing retailers, H&M in second place and the Spanish giant firmly in the top slot
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AnalysisHow retailers are creating the best in-store experiences
The purpose of the retail store faced an overhaul as the pandemic caused many shops to shut for months, with customers having no choice but to turn to online shopping.
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AnalysisWill the metaverse ever be a viable channel for beauty retailers?
In a week-long celebration of the beauty industry, creative agency Cult London set up the inaugural Metaverse Beauty Week (MBW), from June 12-17, on web3 platforms like Spatial, Roblox and Decentraland and a few in-person events hosted at Flannels.
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NewsNew BRC partnership to help retailers access ‘cutting-edge technology’
The British Retail Consortium has joined forces with a retail innovation firm to grant BRC members access “cutting-edge technology”.
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NewsSuperdrug rolls out personal diagnostics service in all stores
Superdrug has entered a two-year partnership with Thriva Solutions, a personal diagnostics and health platform, to roll out a nationwide service to all its customers.
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AnalysisWill AI take your retail job?
From stores to warehouses and customer service, the true potential for AI in retail is only just being explored. But what does this mean for the existing workforce?