RTIH presents the retail technology week in numbers
Do you like numbers? Do you like retail systems news? Then this is the article for you.
£56 million…UK-based online adult retailer Lovehoney has bagged The Queen’s Award for Enterprise for its growth in overseas sales over the last six years.
Since 2015, said sales have grown from £12 million to £56 million.
£5.8 billion…Amazon's profit in the first three months of 2021 weighed in at £5.8 billion - more than triple what it was in the same period last year.
59…The Walt Disney Company is leveraging Amazon Web Services (AWS) for the global roll-out of its online streaming video services Disney+.
It is using AWS as its preferred public cloud infrastructure provider to expand Disney+ to 59 countries across North America, Europe, Asia Pacific, and Latin America.
50…Despite increased footfall since the return of stores this past couple of weeks, the boom in online shopping during the coronavirus pandemic has been a consistent ray of hope for the retail sector.
With that in mind, Brightpearl is taking a look at the revenue data behind the UK’s online shopping space to produce a definitive list of the 50 fastest growing e-commerce brands over the past 12 months.
50,000…Woolworths Group has announced plans for its first automated customer fulfilment centre (CFC) in Auburn, New South Wales as it looks to better serve the online grocery needs of Western Sydney customers.
If approved by the NSW Government, the retailer will build the facility in partnership with Knapp, whose automation technology will help personal shoppers pick and dispatch up to 50,000 deliveries a week.
$6.5 million…Lisbon-based computer vision startup, Sensei, has secured a seed round of $6.5 million.
18…PayTech big hitter Curve has announced the return of its limited edition Red Metal Curve card.
Weighing in at 18g, this is more than three times as heavy as your average credit card.
110…Waitrose is expanding its Deliveroo service to 110 new stores with up to 400 new roles created by the roll-out.
That will take the number of its locations on Deliveroo to 150 in total by the end of the summer.
£261 million…Sainsbury's slumped to a £261 million loss in the year to 6th March despite strong food and Argos sales during the coronavirus pandemic.
The grocery giant said it had spent £485 million on Covid-related costs. It also paid back business rates relief on its stores.
$660 million…US online retailer Overstock has announced its Q1 2021 earnings, with total net revenue hitting $660 million, an increase of 94% year-over-year.
5,000…Amazon’s Key by Amazon In-Garage Grocery Delivery service is expanding to everywhere grocery delivery from the e-commerce giant is available, covering more than 5,000 US cities and towns.
Originally launched in five cities last November, the offering enables Prime members to have their Amazon Fresh and Whole Foods Market groceries dropped off inside their garage.
$26 million…Vivrelle, a membership club that provides rental access to designer handbags, jewellery, and diamonds, has closed a $26 million Series A financing round led by Origin Ventures, with participation from Chapford Capital Group.
$124.4 million…Snap, the parent company of Snapchat, paid $124.4 million to acquire Berlin-based apparel and footwear technology startup Fit Analytics.
£500,000…Last mile delivery service Zoom 1hr is gearing up to launch a £500,000 crowdfunding raise via the Seedrs platform.
Sign up for our free retail technology newsletter here.
-
Southeastern Grocers, parent company of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is deployi… https://t.co/Q5En8j6cEc -
Check out the week's coolest retail technology plays, including @obsessVR @OcadoGroup @AEON_JAPAN @braincorp… https://t.co/RH2BIf6Jol
-
RTIH presents the retail technology week in numbers, including @CovariantAI @RetailTechShow @DennysDiner… https://t.co/WURUUgdCr0
