The five most important retail tech news stories from January

January is done, so let’s reflect on another eventful month for the retail technology space. Here's your briefing on some of the most important and interesting stories from the past 31 days.

1. 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.

2. Asos announces See My Fit augmented reality pilot

Asos is testing out See My Fit, an augmented reality tool developed in partnership with Israeli company Zeekit.

3. ICO slaps Dixons Carphone with hefty fine following cyber attack

The Information Commissioner's Office has hit Dixons Carphone with a £500,000 fine over a hacking that targeted millions of customer accounts.

4. Commonwealth Bank of Australia ups stake in Klarna

Swedish buy now, pay later firm Klarna has officially launched down under. It has also bagged a further $200 million investment from Commonwealth Bank of Australia (CBA).

5. Change at the top as Mark Ibbotson exits Walmart

Mark Ibbotson, Executive Vice President of Walmart’s Realty and Central Operations divisions, will depart the US retail giant at the beginning of February.