Five retail tech things we learned last week
RTIH takes a not always serious look back at another eventful week for the retail technology space.
1. Tech innovation is great, but people still matter
Retail could be on the verge of running out of inspiring ‘from the shop floor to the boardroom’ stories as technology and digital strategies transform the space.
That’s the view of Andy Clarke, who served as Asda CEO from 2010 to 2016, until being replaced by Sean Clarke (no relation), the head of parent company Walmart’s operations in China.
2. Our politicians have lost the plot
Supermarkets in Wales have cordoned off 'non-essential items' in line with government guidance.
A great example of politicians making policy based on how it will play out on social media.
3. It’s not all doom and gloom on UK high streets
Geek Retreat is set to open 100 new stores on UK high streets over the next two years, creating around 600 jobs.
The retailer, which launched in 2013 and currently has 14 stores, attributes much of its success to the popularity of ‘geeky’ franchises such as Marvel and Stranger Things.
4. Let’s support independent book and record shops during these tough times
5. The PoS market could be about to heat up
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