The retail technology week in numbers

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

600,000…Sainsbury’s reports that it has increased the number of online delivery slots available weekly by nearly 50% and the ambition is to deliver 600,000 slots per week.

6…Tesco says that, in the last six weeks, it has built a grocery delivery business which is probably the biggest in the world.

£16.8 billion…The UK online grocery market will grow by 33% in 2020, reaching an estimated value of £16.8 billion, up from £12.7 billion in 2019, according to Mintel.

$549.7 billion…With almost three million cases of coronavirus worldwide and numerous countries enforcing lockdowns, global retail spend is set to fall 3% in 2020, equating to $549.7 billion, according to GlobalData.

90%…Starbucks has unveiled plans to have 90% of its company-operated outlets in the US up and running by early June.

7 million…A month on from the introduction of the £45/€50 limit in the UK and Ireland, Barclaycard has processed over seven million contactless payments above the previous limit of £30/€30, and up to the new one.

£1…Buy now, pay later specialist Klarna supported the International Committee of the Red Cross (ICRC) in its response to Covid-19, by donating £1, $1 or €1 for every Klarna transaction placed at Asos on 29th April.

8,000…John Lewis is reopening its textiles factory Herbert Parkinson in Lancashire, to make protective gowns for the NHS.

Partners who usually sew bespoke blinds, curtains and pillows and duvets will this week begin making around 8,000 washable, clinical gowns for the Northumbria NHS Foundation Trust.

8…Farfetch has announced the eight startups taking part in the fourth edition of its Dream Assembly fashion technology accelerator.

Cerebra, Ivapparel, Favour up, M-XR, Newlife, Supply Compass, StyleScript and Whoqip will be offered mentorship, networking opportunities and support.

$12 million…Artificial intelligence startup Peak has announced a $12 million extended Series A funding round led by existing investors MMC Ventures and Praetura Ventures.