The retail technology week in numbers
£10 million…Barclays has lead an investment of £10 million into Bink, a British startup that links loyalty points to payments cards.
£9.8 billion….The UK Click & Collect market is set to rise 45.8% over the next five years, hitting £9.8 billion by 2023, according to GlobalData.
2,500…DAVIDsTEA is using Nudge Rewards’ mobile solution for its 2,500 store associates and managers across 238 locations.
42%…Social media has the least influence on retail technology purchases, according to research from PR company, CCgroup, involving over 30 tier one and tier two UK retailers. This also found that 42% of respondents would use industry analyst reports during the shortlisting phase, making it the most influential content type.
1…Ocado will launch a trial of its one-hour delivery service, Ocado Zoom, in March.
27….Doug Putman, who runs the Canadian retailer Sunrise Records, has bought HMV, beating out Sports Direct boss Mike Ashley. And the administrators of HMV, KPMG, have now released the list of the 27 stores planned for closure, with the stand out one being the flagship branch in Oxford Street, London.
30…French e-commerce and flash sales specialist Vente-privee is working with SpinMe to digitise the capture and management of flat product photography.
It is initially introducing the technology into eight studios in Paris and Barcelona, with a further 22 planned to go live during 2019. It will be used across the retailer’s clothing, footwear, lingerie, homeware and jewellery ranges.
£44.4 million…Ocado has reported a sales rise of 12% to £1.48 billion alongside a pre-tax loss of £44.4 million for the year ending 2nd December 2018, compared with £9.8 million in the previous 12 months.
$11 million…Credit scoring startup Aire, which counts online retailer N Brown as a client. has raised $11 million in Series B funding from Crane Venture Partners, Experian Ventures and Orange Digital Ventures.
Nearly 500 robots, named Marty, are coming to the stores of Ahold Delhaize brands Stop & Shop and Giant/Martin’s, marking one of the largest robotics deployments in the US grocery industry.