Amazon to open check-out free store in London

Amazon has reportedly secured a location near Oxford Circus in central London to open its new food store concept called ‘Amazon Go’. Competing with chains such as Pret-A-Manger, Eat and Marks & Spencer, ‘Amazon Go’ food stores would offer even greater convenience by allowing shoppers to simply pickup their goods and go. With the caveat … Read moreAmazon to open check-out free store in London

JB Hi Fi Sales up 4.2% in Half Yearly Results

Australian retailer of electronics and digital entertainment products, JB Hi Fi reports half-yearly results. Highlights include; Sales grew 4.2 per cent to $3.8 billion for the six months ended 31 December 2018. Operating costs remain steady at 14% Profits up 5.5 per cent year-on-year to $160.1 million Online sales were at 21 per cent to … Read moreJB Hi Fi Sales up 4.2% in Half Yearly Results

Omnichannel Retailing a Priority for Retailers in 2019

Survey conducted by Shopgate reveals the following retailer priorities in 2019; 67% say omnichannel retailing will be a priority 61% say BOPIS (buy online, pick up in-store) and BORIS (buy online, return in-store) are at the top of their omnichannel plans and investments. 50% listed a mobile shopping app as a top priority in their … Read moreOmnichannel Retailing a Priority for Retailers in 2019