The retail technology week in numbers
Do you like numbers? Do you like retail technology? Then this is the article for you.
1…Co-op started using its first electric vehicles for online home delivery this week as it aims to replace its fleet of fossil fuel powered vans by 2025.
The convenience retailer is kicking things off with stores in Hebden Bridge, Holmfirth and Hove, followed by Ryde, Isle of Wight and Whitby which will take delivery of electric vehicles early next year for groceries ordered through Co-op’s own online shop.
40% of merchants have reported a rise in friendly fraud over the past 12 months, but the majority are struggling to challenge Google Pay and Apple Pay chargebacks successfully, according to research by Ravelin.
£24 billion…Manufacturers selling direct-to-consumer (D2C) through the coronavirus pandemic will provide a £24 billion boost to the UK industry’s coffers by 2023, according to research from Barclays Corporate Banking.
38%…Consumers are displaying caution in their spending this holiday season, according to research from Capgemini.
7,543 people were surveyed across the UK, US, Germany, France, Spain, Netherlands, Sweden, Finland, Norway and Denmark. 38% are spending less on holiday shopping than they did last year.
100…British pub and retailing business, Marston’s, has notched up a 100th rapid electric vehicle (EV) charging site in its partnership with Osprey.
180 and 16,000…Health and beauty retailer, A.S. Watson Group, celebrated its 180th anniversary this week by hosting a 5G-enabled virtual cocktail event.
This gathered together CEOs of consumer goods companies and over 300 business partners and charity partners from around the world.
It also announced that it has reached the milestone of 16,000 offline and online stores.
0.9%…November saw the brakes put on the UK retail sales growth that had been seen over the previous three months, according to research from BRC and KPMG.
On a total basis, sales increased by 0.9% in November, against a decline of 0.9% in November 2019. This is below the three month average growth of 3.9% and above the 12 month average decline of 0.3%.
1…Chinese e-commerce giant JD.com has become the first online platform to accept Beijing’s homegrown digital currency.
Its FinTech arm, JD Digits, will accept digital yuan as payment for some products on its online mall, as part of a giveaway of the token to citizens of Suzhou, near Shanghai.
100…The UK’s first electric forecourt, situated near Braintree, Essex, has opened for business.
The site is the first of around 100 being built by GRIDSERVE over the next five years. It will be able to charge up to 36 electric vehicles simultaneously at speeds of up to 350kW.
193%…UK shopper traffic was up 193% week-on-week on Saturday, 5th December, according to ShopperTrak data from Sensormatic Solutions.
People used the first weekend after England’s national lockdown to get ahead with Christmas gift buying and pick up items they’d forgone whilst non-essential stores remained closed.
10,000…DFS is laying claim to the largest web-based augmented reality implementation in the world.
Powered by Vertebrae’s Axis platform, it is offering 3D and AR-enabled visualisations for more than 10,000 sofas, allowing shoppers to virtually display the items in their home to examine details and assess fit and style, with no application download required.
65.4%…Year-on-year UK footfall decreased by 65.4% in November, with a 31.9 percentage point decline from October, according to research from the BRC and ShopperTrak.
Footfall on high streets declined by 63.9% YoY, retail parks by 26.8% YoY and shopping centres by 61.8%.
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