The retail technology week in numbers

Do you like numbers? Do you like retail technology? Then this is the article for you.

71%…Community spirit and support for local businesses is flourishing in the UK amid the coronavirus outbreak, according to research from Barclaycard.

Its survey of 2,007 people shows that 41% of Brits have checked in on vulnerable neighbours to see if they need help with shopping – a figure that increases to 48% for Londoners. Meanwhile, 71% have made a conscious effort not to stockpile food.

£3 million…Luxury Promise, an online marketplace for the resale of luxury goods and accessories, has raised £3 million from VC firm Beringea, the former backer of Monica Vinader and Watchfinder.

1,000…Contactless services, convenience and increasingly ethical considerations are becoming the principal factors driving online purchasing decisions during the coronavirus outbreak. That’s according to research by Astound Commerce, involving 1,000 global consumers.

€59 million…Paris-based luxury fashion resale website Vestiaire Collective has announced a €59 million round of financing.

57% of consumers would be more comfortable with complete in-store automation that does not require touch-based practices in a post-coronavirus world, according to research by Capgemini.

£1 million…Conversational commerce startup Blueprint has announced a £1 million seed investment led by Magnus Rausing’s MAHR Projects and including Founders Factory and Hambro Perks.

1,000…Alibaba Group’s Tmall Global unit is aiming to bring 1,000 new international brands onto its e-commerce platform in the next 12 months.

1 million…Tesco’s Tesco Pay+ mobile payment service has crossed one million sign ups.

44.7%…UK footfall decreased by 44.7% in March, due to the coronavirus lockdown, a record decline for the retail sector, according to research by the BRC and ShopperTrak.

£14.5 billion…The closure of non-essential retail in the UK, now extended for three weeks, equates to 382 million square feet of physical space out of action. This space would have generated £14.5 billion of sales over that period based on 2019 data, according to GlobalData.