Omnichannel E-commerce Experiences Skyrocket UK Online Sales To £52bn
eCommerce sales from omnichannel is expected to skyrocket to dizzying heights and could go up to as much as £52 billion in the UK,
Bing's AI-Powered Deep Search Returns, Find What You Need Faster
Microsoft's Deep Search, using Bing's index and GPT-4, is back in testing after being shelved. It improves search queries for better results.
Morrisons Appoints Rami Baitiéh of Carrefour France as New CEO After David Potts Steps Down
Baitiéh, currently the CEO of Carrefour France, is set to assume his role in November and will work closely with Potts during a transition period to ensure a seamless shift in leadership.
A reported 82% of shoppers face out-of-stock products as post-pandemic and inflationary pressures persist
New data from Retail Insight reveals a mounting crisis as shoppers report an increase in out-of-stock products, fueled by factors like COVID-19 aftermath, geopolitical tensions and climate concerns.
Gift card sales skyrocket by 26% for grocery retailers
A rising trend has emerged from a recent study, revealing that consumers are increasingly turning to gift cards and vouchers as a creative response to economic challenges.
UK grocery shoppers continue to struggle with 'shrinkflation' and 'drinkflation'
Grocery shoppers are feeling the pinch as "shrinkflation" continues to shrink product sizes while costs stay the same or increase, while the added woe of "drinkflation" impacts alcohol purchases.
Revolution of consumer behaviour: Exploring the transition of consumers to mobile shopping
With the rise of mobile shopping and the profound impact of the pandemic on consumer behaviour, retailers are investing heavily in their online presence.
Grocery price inflation sees notable decline while promotional spending rises
According to Kanta, a market research company, there was a significant 1.6 percentage point decline in grocery inflation towards the first week in July.
UK inflation drops to almost 8% in June 2023, marking significant slowdown in price growth
Inflation in the UK fell to 7.9 per cent in June 2023 from 8.7 per cent in May, marking the lowest rate since March 2022, as reported by the Office for National Statistics.
Which? alerts regulator of potential illegal pricing practices at Tesco
Which? has accused Tesco of potentially breaching consumer protection laws by failing to display prices on the majority of its food and beverage promotions.
UK consumer spending patterns revealed in recent report by Barclays
Inflation forces Brits to reduce discretionary purchases as consumer card spending grows in March. However, pubs and clubs flourished during the coronation weekend.
Digitisation of consumer finance is getting closer to disrupting the resilience of traditional players
Though traditional banks and credit card providers have thus far thrived in the face of new models of consumer finance, they are finally facing a challenge.
How British supermarkets are coping amid inflation and cost of living crisis
In the face of the challenges facing the retail industry, British supermarkets are determined to stay ahead through the implementation of innovative strategies.
Britain's Sainsbury's offers lower prices to loyalty card holders
Sainsbury's, Britain's second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar loyalty scheme, rivalling a similar initiative at market leader Tesco.
McDonald's extends discount scheme for NHS workers
The fast-food giant confirmed the extension until March 31 this year.
Sunak makes second bid to become UK's first Hindu PM
Fabulously rich from his pre-politics career in finance, he has been mocked as out of touch with Britons struggling with decades-high inflation.
New Names Begin To Dominate The UK's Best Casino Sites Ranking
Online casinos are a fast-growing market. For several years, it seemed as if online casinos linked with established land-based casino brands would dominate the market. It would have made sense since there was already brand loyalty and recognition.
Princess Beatrice royal wedding: New photos emerge in thank you cards
Sarah Ferguson, the Duchess of York sent out thank you cards to royal fans for wishing her daughter Princess Beatrice on her wedding.
Amazon unveils payment by hand-waving
Amazon said the biometric data would be "protected by multiple security controls and palm images are never stored on the Amazon One device"
GDPR: How to disappear completely
GDPR is a regulation that requires businesses to protect the personal data and privacy of EU citizens
Customer experience essential for loyalty schemes to thrive
Jude Thorne, CEO of Ice and ex-Managing Director of AirMiles, outlines the state of the loyalty sector and how change will shape the future
Deep learning and big data: Wall Street and the new data paradigm
Professor Anasse Bari of New York University, formerly with the World Bank Group, is a prominent figure in the realm of predictive analytics.
Starbucks to launch credit card and sell Tazo tea brand to Unilever
Alongside two key announcements, the coffee chain also reported disappointing fourth quarter sales growth.
PSD2: Banks poised to lead disruption in the new payments era
Stefan Dab is global leader of payments and transaction banking, and Maarten Peeters global segment manager for transaction banking,at Boston Consulting Group (BCG).
The search for perfection: Why football needs reminding the sport existed before the Premier League
Frank de Boer's dismissal and reaction to Sadio Mane's red card highlight how football is becoming unrecognisable.
When a machine is the customer – designing for machines
Dr. Carsten Stöcker is Senior Manager in the Machine Economy Innovation Lighthouse Lead at innogy SE.
With six months to go until PSD2, why aren't we seeing more innovation from banks?
Daniel Döderlein, CEO of Auka, warns that big tech companies are honing their payment strategies.
Four things the new owner of Holland & Barrett will rely on for growth at the health food chain
Holland & Barrett is now valued higher than Sports Direct and Thomas Cook. Has its new owner overpaid?
ONE Championship CEO Victor Cui not worried by UFC in Asia, open to crossover fights
ONE's CEO International tells IBTimes UK crossover is compelling but complicated.
Samsung Pay finally launched in the UK: How to use it
The mobile payment system supports MBNA, National Building Society and Santander in the UK.