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. Amazon green lights pay by hand project
Amazon is working on an initiative that would let customers link their credit card information to their hands. This would enable them to scan for purchases with their palms at in-store checkouts.
2. Failed Asda merger looms large as Sainsbury's boss Mike Coupe quits
Mike Coupe is retiring as CEO of Sainsbury’s after six years at the helm.
3. Asda claims UK Click and Collect first
Asda has launched a Click & Collect service that allows shoppers to pick up their online orders in under an hour.
4. December dazzles as Black Friday papers over online retail cracks
A solid December helped UK online retailers end a turbulent 2019 on a high, according to research by IMRG and Capgemini.
5. AppsFlyer closes massive funding round
AppsFlyer has announced a $210 million Series D round led by General Atlantic.
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Retail technologyStaff WriterAmazon, Payments, Retail technology, Asda, Mike Coupe, Sainsbury's, Click and Collect, Online retail, IMRG Capgemini e-Retail Sales Index, AppsFlyer, StartupsComment