The second quarter earnings release of some of the biggest banking firms in the US surprised investors, with reported revenues and net income beating expectations.
US retail giant Walmart has announced that it has entered a partnership with Brain Corp to automate floor cleaning in its retail stores.
For years, retailers have been taking advantage of traditional holidays, but in the last decade, marketing teams have also started creating large-scale shopping events of their own to drive sales.
Black Friday vs Cyber Monday.
Online retail giant Amazon, hailed as bringing Black Friday to the United Kingdom’s shores, has suffered a data breach as a result of its own technical fault.
In the UK, Black Friday and Cyber Monday are expected to generate billions of pounds in sales.
In another blow against high street shopping, a huge 80% of UK consumers are planning to avoid the shops on Black Friday, 23 November, this year.
This Friday is Black Friday, the biggest retail holiday in the world.
There is a growing awareness of consumers to the value and misuse of their personal data.
Artificial intelligence is set to become prolific in the retail environment, with retail AI for customer personalisation set to be implemented by 93% of European retailers within the next two years.
Indonesia has become the latest casualty of US President Donald Trump’s trade war with the publication of its third-quarter gross domestic product (GDP).
Ailing high streets appear to have been offered a lifeline in this Autumn’s budget, with Chancellor of the Exchequer Phillip Hammond announcing a £675m future high streets fund.
Earlier this month, the United Nations released warnings of the imminent need to tightly control global temperature increase over the next 12 years in order to limit the impacts of global warming. By now the wide-reaching impacts of global warming are widely known.
Buoyed by the surging domestic cannabis market that has blossomed since Canada’s legalisation earlier this month, Canadian cannabis companies are now looking to expand into Europe.
These are dire times for the UK retail sector.
The Governor of the Saudi Arabia General Investment Authority (SAGIA) has stressed the country is a strong option for investors.
Customers eating at UK restaurant chain Byron will now be able to pay their bill using a Facebook Messenger payment bot.
Ill-fitting clothing is a source of annoyance for every online shopper, with a lack of consistent sizing often failing to provide the right fit.
UK supermarkets could soon use facial recognition age verification when purchasing age-restricted items such as alcohol and cigarettes at self-service checkouts.
Scientists have genetically modified groundcherries to make them more suited for large-scale farming.
European tech companies including Spotify and Deezer have signed a letter to EU ministers calling for proposed regulations to go further to prevent unfair business practices by tech giants.
Earlier this week, Snapchat announced that it is testing Visual Search, “a new way to search for products on Amazon right from the Snapchat camera”.
The retail industry is the most at risk to cyber threats, according to research by cyber rating company SecurityScorecard.
Sainsbury’s and Asda will be investigated further by the Competition & Markets Authority (CMA) for the effect their £15bn merger will have on competition in the UK.
Amazon’s integrity is under scrutiny as employees have allegedly been leaking consumer and company data for bribes, according to a report by the Wall Street Journal.
Profits at the John Lewis Partnership dropped 99% in first six months of this year to £1.2m.
Jack Ma is stepping down from the helm of Chinese e-commerce conglomerate, Alibaba, one of the world’s largest retailers.
Amazon has become the second publicly traded company to hit a $1tn market cap after its shares rose nearly 2% to a high of $2,050.50.
Set to be announced this Thursday, Nvidia earnings for this quarter are expected to be disappointing.
Monsanto, an American agrochemical corporation that produces weedkillers Roundup and Ranger Pro, has been found liable for a former groundskeeper’s terminal cancer.