The five most important retail tech news stories of the week

The five most important retail tech news stories of the week

It’s Friday, the week is nearly done, so let’s kick back and reflect on another eventful week for the retail technology space. Here's your briefing on some of the most important and interesting stories from the past five days.

1. Lojas Americanas goes checkout-free with Zippin

Zippin has moved beyond pilot stage and announced its first public customer, with Brazilian retailer Lojas Americanas set to deploy its checkout-free technology in stores across the country. 

2. Retailers demand Chancellor address ‘outdated Victorian taxation system’

Over 50 UK retailers, including Asda, Marks and Spencer, Sainsbury’s, Iceland and River Island, have called on the government to fix the business rates system. 

3. BRC and UK Finance respond to FCA's SCA plan

The British Retail Consortium (BRC) and UK Finance have welcomed the Financial Conduct Authority’s announcement of an 18-month phased implementation plan for Strong Customer Authentication, that will come into force on 14th September.

4. Amazon UK exec calls for High Street/online co-operation

Retail is not a zero-sum game between High Street and online players, argues Doug Gurr, UK Country Manager, Amazon.

5. Walmart releases Q2 FY20 earnings

US Q2 comparable sales grew 2.8%, whilst Walmart US e-commerce sales were up 37%.

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