Business Insider reports that analysis from market research firm Slice Intelligence, Amazon accounted for 53 per cent of online sales growth in the US in 2016,
ATTRAQT Group plc has conditionally agreed to acquire search, navigation and merchandising software provider Fredhopper, for £25 million, from SKL.
Outward Inc has introduced what it calls a ‘Transformative Visual Merchandising Platform for Retailers’.
ONS retail statistics reveal December’s High Street retail figures slumped to their biggest fall for over four years, while online sales rose 21.3 per cent.
Figures released by the Office of National Statistics (ONS) suggest that peak Christmas shopping appears to have move back to December, partly influenced by the impact of Black Friday and Cyber Week sales reductions.
Shoppers took to the internet to do more of their Christmas shopping in December, according to new figures from the British Retail Consortium.
Online fashion retailer Boohoo has predicted that revenues will beat expectations following strong trading through Black Friday and continuing into the festive season.
Chinese mobile wallet app Alipay has 450 million users spend online or in stores during 2016, according to new data from the company.
In the groups results announcement, Theo Paphatis of The Theo Paphitis Retail Group, which owns Ryman, Boux Avenue and Robert Dyas, warned that UK retail is facing a ‘perfect storm’ following devaluation of the pound and the continuing evoluation of how consumers shop.
The Glasgow-based fast fashion retailer, which has opened 40 outlets in the last year, reported revenues of £87.4 million in the year to March 31 2016, up from £78.2 million at the same time last year.
November saw huge ecommerce sales in the UK, spurred on by Black Friday but also by massive amounts of discounting.
Dixons Carphone, the multichannel retailer which trades as Currys, PC World and Carphone Warehouse, says its strategy to build a business around its customers’ needs in a more complex world is paying dividends.