The retail technology week in numbers
$12 million…Cashierless checkouts startup, Zippin, has closed a $12 million Series A funding round, led by Evolv Ventures.
$480 million…Ahold Delhaize USA is stumping up $480 million to overhaul its supply chain operations on the US east coast.
7,000…LizEarle.com, RicherSounds.com and WexPhotoVideo.com have been announced as the joint best online retailers in a Which? survey of over 7,000 shoppers.
£26.9 billion…Brits are set to spend £26.9 billion on Christmas gifts this year, according to new research from finder.com, involving 2,000 people.
88% of Brits are willing to receive a gift for the holidays that was purchased on a resale marketplace such as eBay, Etsy or Facebook Marketplace.
$6 million…FlexPay, a Canadian FinTech that taps AI and machine learning tech to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and also including BMO Capital Partners.
$12 million…Artificial intelligence startup Cosmose AI has raised $12 million seed investment, led by TDJ Pitango and OTB Ventures, to fund its international expansion.
63% of British workers plan to purchase most of their Christmas presents online, according to a new poll from iParcelBox. This is despite recent police figures revealing that doorstep parcel thefts have risen by nearly a quarter in the last two years.
87% of retail business leaders are not prepared for the perceived threats to business continuity that may arise as a result of Brexit.
£700 million…Brits are unknowingly wasting £700 million on expired phone contracts, according to research by Barclays Partner Finance.
150,000…AO.com has received over 150,000 reviews on Trustpilot.