The retail technology week in numbers
Do you like numbers? Do you like retail technology? Then this is the article for you.
15…Thousands of 15-minute home tests for coronavirus will soon be available to Brits self-isolating with symptoms, according to Public Health England (PHE).
$30 million…Espressive has announced a $30 million Series B investment.
£29.99…Amazon Marketplace and eBay are not cracking down on unscrupulous third-party sellers attempting to profit from the coronavirus epidemic, according to the consumer group Which?
Its investigation found consistent overpricing of in demand household items, including cleaning products, thermometers, baby formula and tampons. There were hundreds of active listings and auctions, including a £40 thermometer priced at £300 on eBay and £150 on Amazon. A £3 bottle of disinfectant was on sale for £29.99 on eBay and was more than three times the recommended price on Amazon.
50%…Cash usage in Britain has halved in just a few days after Prime Minister Boris Johnson outlined strict new measures to tackle the spread of coronavirus.
£45…The contactless limit for in-store card transactions is increasing from £30 to £45. This is in response to the coronavirus epidemic, with the aim of reducing the need for physical contact with PIN-Entry Devices (PEDs) at points of sale.
£12.6 billion…The impact of coronavirus will wipe £12.6 billion from retail sales this year, according to GlobalData.
38% of online shoppers say that return policies have a major impact on their decision to purchase from retailers, according to research by Forter.
50…The John Lewis Partnership has temporarily closed all of its 50 John Lewis stores due to the impact of coronavirus.
$44 million…AI-powered customer service chatbot startup Ada has raised $44 million in a Series B funding round led by Accel.
50,000…Adult entertainment platform Pornhub has donated 50,000 masks to coronavirus frontline workers in New York.
