The recent news that luxury brands have destroyed millions of pounds worth of unsold merchandise to avoid their products falling into the wrong hands and being sold on the "grey market" at knockdown prices, illustrates the challenges that these brands face in matching pricing and customer demand.
General Retail Technology News
Retail IT and technology news articles comprising case studies, product information, opinion articles, reports, new contract wins and product launches. The site hosts information from trade associations, government departments, research analysts and the vendor community. These articles are about specific industry IT solutions and topics relating to how improvements and efficiency gains can be made by the use of information technology in-store and in the retail supply chain. All topics are covered in these articles which include Mobile Computing, RFID, Automatic Identification/Datacapture (AIDC), Printing & Labelling, EPoS systems, Kiosk Technology, Surveillance & Security, Internet Retailing, Retail Supply Chain Management, Digital Signage, through to current news,informed opinion articles and key events on the retail calendar.
Knomo increases online sales by 60% with personalisation technology from Nosto
Jul 31, 2018
Leading bag and tech accessories retailer, Knomo, has seen a 60% increase in online shopper conversions and a 16% increase in the average order value since it started using the Nosto personalisation platform.
PayPoint agrees landmark deal with eBay to access the Collect+ network for parcel deliveries
Jul 31, 2018
PayPoint and eBay have signed a strategic partnership that will enable eBay sellers and buyers to access the Collect+ network for convenient click and collect parcel services.
Atheon Analytics helps UK supermarket suppliers become data-driven with Snowflake
Jul 31, 2018
Snowflake Computing has announced that Atheon Analytics has chosen Snowflake to supply real-time data insights to UK supermarket suppliers, helping identify any service issues, stock replenishment needs and quantify the impact on waste and sales across the entire supply chain.
Can your ERP system overcome these three distribution challenges?
Jul 31, 2018
The key to meeting the growing demand for direct-to-consumer (D2C) shipping is efficiency, not speed. As John Weber, Director, Business Development and Product Management at Aptean, explains, distributors need to know that their ERP systems are up to the task.
Line matrix printers won't let you down if temperatures tip 40°C
Jul 31, 2018
In this prolonged hot dry spell, Printronix LLC is reminding businesses that its line matrix industrial printers can withstand temperatures as high as 40°C (104°F), whereas devices like laser printers are highly sensitive to humidity and extremes in temperatures, often causing them to jam or stop working.
British brick-and-mortar stores play a critical role in retail, despite job cuts, says Tryzens
Jul 31, 2018
Andy Burton, CEO of Tryzens, comments on the news that fifth of British retailers are planning to cut jobs in the next three months.
An Act with no action: businesses not doing enough to find slavery in UK supply chains
Jul 31, 2018
UK businesses are not doing enough to identify modern slavery in their supply chains, research from the Chartered Institute of Procurement & Supply (CIPS) has found. A survey of 897 supply chain managers found that almost a third (31%) of UK supply chain managers admitted they did not think their business was taking the necessary steps to tackle the issue.
E-commerce delivery platform leader MetaPack bought by Stamps.com
Jul 31, 2018
MetaPack has reached an agreement with Stamps.com Inc., the provider of postage online and shipping software solutions, to sell the business in a deal worth approximately £175 million.
Augmented reality in eCommerce
Jul 31, 2018
Khaos Control's Managing Director, Mike Cockfield, looks at some of the ways in which eCommerce businesses can leverage AR for their stores, how it can attract customers to the business and further increase revenues.
