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 launches Just Walk Out technology business
Amazon unveiled a new business line selling the Just Walk Out technology which powers its Amazon Go stores.
2. Alibaba’s Alipay to open up to Chinese service sector
Ant Financial, part of Chinese e-commerce giant Alibaba, will open its Alipay platform to 40 million service providers in China over the next three years and help them digitise their offerings.
3. Tesco veteran Paul Wilkinson joins Alexa Shopping
Paul Wilkinson has taken on the role of Senior Product Manager at Amazon’s Alexa Shopping business.
4. Coronavirus will reshape retail and consumer landscape
The coronavirus is the biggest threat to retail and consumer firms since the global financial crash of 2008. So says Neil Saunders, Managing Director at GlobalData.
5. Amazon picks Notting Hill for first UK cashierless store
Amazon is bringing its first British checkout-free supermarket to Notting Hill, according to the Times.
