As retail’s digital shift continues, we discuss some of the big themes from Retail Week’s Tech. festival with special guest Will Shuckburgh, executive vice-president of Rakuten. From AI to 5G, by way of screenless experiences and new digital opportunity for the high street, the pace of change is unlikely to slow down.
JD Sports has joined the throng of retailers to launch pay by instalments with Afterpay, allowing shoppers to split the cost of their purchase over four payment periods, following its UK debut.
Half of shoppers are less likely to visit a checkout-free store despite their growing popularity.
As Aldi launches in China, Carrefour is scaling back. The French retail giant is the latest in a long line of big international retailers to dial down their presence in the Chinese market.
This week Ikea unveils its new Greenwich, London, branch, which it describes as its “most sustainable store”.
Discounting made no discernible impact on trading and footfall over Christmas, says Springboard marketing and insights director Diane Wehrle.