The retail technology week in numbers
$800 billion…Amazon has notched up another milestone. Surpassing $800 billion in market value, it is now worth Walmart, Home Depot, Costco, CVS, Walgreens, Target, Kroger, Best Buy, Kohls, Macy's, Nordstrom, JC Penney & Sears combined (insert face with open mouth emoji here).
$25 million…Self-driving robot delivery startup, Starship Technologies, has secured $25 million in seed funding and appointed former Airbnb executive Lex Bayer as CEO.
20…Amazon will show 20 Premier League matches a season for three years from 2019.
$1.5 billion…Cainiao Network is heading up a group that will build a $1.5 billion logistics centre at Hong Kong International Airport.
30% of European outlet loyalty customers are responsible for 70% of loyalty spend, according to research by Coniq.
$14.7 trillion…Consumer spend on digital commerce will reach $14.7 trillion by 2022, up by 60% on last year’s figure of $9.2 trillion, according to Juniper Research.
Powered by Three, this will be available across its UK stores and cost £10 a month; there will be no contract and customers will get unlimited calls and texts, 4GB of data every month, with any unused data rolled over for an extra month.
1,797…Hotel Chocolat is opening a 1,797 sq ft café store at intu Derby.
59% of UK consumers feel that checkout-free stores like Amazon Go are too risky, according to Paysafe research.
74% of UK shoppers say that their standard for good customer experiences is higher than ever, with 80% arguing that the experience a company provides is as important as its products/services.
£218.5 billion…The UK food and grocery market will grow by 14.8% between now and 2023, giving it a value of £218.5 billion, according to IGD.
£13.5 billion…The UK value clothing market reached £13.5 billion in 2017, according to GlobalData.
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