Stefan Beukes

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Retailers have a new weapon against Amazon - Behind the Storefront - MarketWatch

Facebook<p>Facebook’s announcement that it’s testing a buy “call-to action’ button that lets user purchase products directly on its site may give …

South Africa's Pepkor buys troubled NZ retailer Postie Plus | Reuters

WELLINGTON, July 18 (Reuters) - The South Africa-based retail group Pepkor Ltd has bought troubled New Zealand clothing retailer Postie Plus Group Ltd, Postie’s administrators said on Friday.<p>The privately-owned investment group has taken over 64 Postie Plus shops and its head office operation as a …

Beacons Will Help Retail Chains Combat The E-Commerce Threat

E-commerce retailers have some major — and well-documented — advantages over their competitors: low overhead, vast inventory, and tech savvy. But BI Intelligence, Business Insider's tech research service, believes a new technology offers bricks-and-mortar stores an opportunity to fight back.<p>Beacons …

eCommerce

Tesco boss Philip Clarke expresses relief over exit

<b>Tesco's chief executive Philip Clarke has told the BBC that he feels "enormous relief" over leaving the supermarket giant.</b><p>The retailer announced he would be leaving in October amid news that it would miss profit forecasts.<p>Speaking to BBC business editor Kamal Ahmed, Mr Clarke said it was clearly an …

Tesco

Facebook Explains Why It Wants to Be a Retail Store

There's a new internet retailer on the world's smartphones, tablets, and PCs. It's called Facebook.<p>Last week, Mark Zuckerberg and company started …

Why the Future of Retail Will Blow Your Mind

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>For the past few years, brick-and-mortar retailers didn’t have a fighting chance to compete with the personalization and convenience provided by online shopping. By cultivating mountains of rich customer data, online retailers had the …

eCommerce

June retail figures suggest UK economy may be coming off boil

City analysts' reasons for focusing on much healthier looking quarterly increase are not 100% convincing<p>The knee-jerk response to the 0.1% rise in retail sales in June is to dismiss the weaker-than-expected increase as no big deal.<p>That was certainly the response of the City, where analysts …

UK retailers had strongest quarter in more than 10 years from April to June

Sales up by 1.6% though World Cup did little to get people into shops, experts say<p>Britain's retailers enjoyed the strongest quarter in more than a decade between April and June, but consumers were less willing to spend towards the end of the period, according to the Office for National …

M-Retail Boom: Over a Third of Online Sales Come from Mobile

Over a third of online retail in the UK is now carried out via smartphones and tablets, according to online retail association IMRG Capgemini's …

Seven Ways Retailers Are Embracing Tech

With Forrester predicting online shopping will reach $370 billion by 2017, retailers are fighting hard to get consumers to visit stores -- and …

eCommerce

Why Everyone Should Work Retail Once in Their Lives

Retail surrounds us in all of our lives – whether we work within the industry or not. Whether it’s running an errand, buying a favorite coffee drink, browsing stores along your local Main Street, shopping online or visiting any random strip mall, retail is part of <i>most</i> of our daily routines. And …

THE BEACONS REPORT: Growth Forecasts For The Most Important Retail Technology Since The Mobile Credit Card Reader

More than half of the top 100 U.S. retailers are testing beacons in stores this year. How big will the beacons market become?<p>BI Intelligence finds that these small devices are the fastest-growing in-store technology since mobile credit card readers. The beacon installed base will see triple-digit …

eCommerce

Why retailers still bother to print catalogs

May 14, 2014 | 4:49 PM<p>Embed Code<iframe src="https://www.marketplace.org/2014/05/14/business/why-retailers-still-bother-print-catalogs/popout" frameborder="0" width="100%" height="240px"></iframe><p>Copy<br>• Close<p>Embed Code<iframe …

eCommerce

UK retailers cut prices by record amount in December - BRC | Reuters

LONDON (Reuters) - British high street stores offered their biggest pre-Christmas discounts in at least seven years last month, industry figures showed on Wednesday, highlighting tough trading conditions despite an improving economy.<p>Passengers ride a double decker bus past Christmas lights on …

The Sad, Slow Death of America's Retail Workforce

There's never been a better time to be a consumer. It's not such a happy story for the people on the shopping floor and behind the counters.<p>Retail sales just notched their best month since 2012 and the industry has added almost one million jobs since 2010. But the rosy headline stats obscure a more …

Surge in tourist spending to boost UK retail, leisure firms | Reuters

LONDON (Reuters) - Spending by foreign tourists in Britain is set to rise 34 percent to over 27 billion pounds a year by 2017, according to research published on Friday, boosting the country’s retail and leisure industries.<p>Tourists pose for photographs in front of Buckingham Palace in central …

Amazon joins ranks of top 10 retailers, McDonald's falls off

Amazon.com has cracked the top 10 in Stores magazine’s annual ranking of the 100 largest U.S. retailers, a first for an online-only retailer.<p>With domestic sales up 27 percent between 2012 and 2013 to $44 billion, Amazon.com muscled its way from the No. 11 spot to No. 9, pushing past Safeway, which …

Top 10

Shopping cart abandonment: online retailers' biggest headache is actually a huge opportunity

But it's also a huge opportunity: Approximately $4 trillion worth of merchandise will be abandoned in online shopping carts this year, and about 63% of that is potentially recoverable by savvy online retailers, according to BI Intelligence estimates.<p>In a new report, BI Intelligence explains what …

eCommerce

How Cosmetics Giant Sephora Plans to Survive Retail in a Digital Age

Retail is having an identity crisis. Again.<p>The unstoppable expansion of e-commerce means that luring customers into actual stores—and better yet, …

RPT-INVESTMENT FOCUS -Bricks, not clicks: traditional retail chains fight back | Reuters

(Repeats, without changes, story first published on Friday)<p>* Game Digital re-emerges after old firm nearly went bust<p>* Historic firm Thomas Cook fighting back vs online rivals<p>* Physical stores still have advantages over Internet<p>* Home Retail Group has also managed turnaround<p>By Sudip Kar-Gupta<p>LONDON, …

Tech and Data Sells - Exciting Times Ahead for Today's Retailers

I've always loved working with retail clients. I love the intensity. How close you get to the business and trading challenges. How integral the …

Customer Experience

Click and collect takes off as retailers ready for Christmas battle

Local shops, car parks and even petrol stations are being turned into places to pick up shopping ordered online<p>As the plane touches down after a week or two away in the sun, it will be a relief to some tired travellers that the homecoming grocery order they placed online will already be waiting for …

AI

Powered By<p>4 ways AI could help shape the future of medicine<p>Chatbots aren't dead, but I wish they were<p>Satoshipowered.ai wants VR and and blockchain to link up<p>VentureBeat's personalized news bot is now available on Messenger<p>Transcending reality to protect our armed forces<p>Subscribe to the AI channel …

Three Retail Trends You Can't Ignore, On Display Now At New York's Story

When Amazon can sell almost anything, deliver it on the same day, and for less money than you can find it elsewhere, what is the role of the store? For Circuit city, Borders and thousands of other dead or dying retailers this is an existential question.<p>There is a remarkable experiment in retail …

How digital is transforming retail: The view from eBay

Does mobile commerce spell the end of traditional stores? In this series of short videos, Devin Wenig, the president of eBay Marketplaces, explains …

eCommerce

With Newly Announced Expansions, Amazon’s Same-Day Delivery Service Now Outpaces Competitors

Amazon’s Same-Day Delivery service is expanding again, the company has announced, and will now be arriving in a half-dozen more cities and metro areas, including Baltimore, Dallas, Indianapolis, New York City, Philadelphia, and the D.C. metro area. Amazon Prime customers in these markets, and …