Top 10: last week’s most popular retail technology articles

These are the RTIH retail systems articles that caught your fancy last week, including creating value for all in the metaverse, fruity rapid delivery services, and worlds colliding as retail tech meets FinTech.

A new deal for data in the metaverse: how to create value for all

Check out this insightful article by Joe Abi Akl, Chief Corporate Development Officer, Majid Al Futtaim and Guillaume Thfoin, Head of Business Analytics & Intelligence, Majid Al Futtaim.

Hamish Morjaria snaps up omnichannel retailer Ideal World

Shopping channel and retailer Ideal World has been sold to entrepreneur and investor Hamish Morjaria.

Morjaria purchased the company from asset management firm Aurelius Equity Opportunities for an undisclosed sum.

RELEX Solutions raises €500 million at €5 billion valuation

RELEX Solutions has announced a €500 million funding round led by funds managed by Blackstone Growth (BXG), Blackstone’s growth equity investing business.

This puts its valuation at €5 billion.

Retail technology and FinTech collide as Gorillas and Revolut team up

German rapid grocery delivery startup Gorillas has announced a partnership with FinTech giant Revolut.

Oliver Guy departs Software AG for Microsoft digital transformation role

Microsoft has appointed Oliver Guy as Global Industry Architect.

He joins from Software AG where he spent almost eight years, joining as Global Industry Director in 2014 before taking on the role of Senior Director, Industry Solutions in 2019.

SJSU Ginger Market taps Standard AI checkout free shopping tech

The San Jose State University (SJSU) Ginger Market in the US has been transformed into an autonomous retail experience, enabling students, faculty, and staff to purchase items, without having to scan anything or wait in line to pay.

Fetchify study: Online retailers fail checkout conversion rates test

42% of online retailers are failing to measure checkout conversion rates, according to new research from Fetchify.

The company’s study of 115 UK e-commerce retailers and store builders found that this even affects large retailers with 10% failing to measure.

Zapp launches 24/7 caviar delivery service for Valentine’s Day

Rapid grocery delivery startup Zapp offered a 24/7 Croe Beluga Caviar delivery service to Londoners this Valentine’s Day.

Zapp’s Valentine’s offering also included Diptyque candles, Charbonnel et Walker Pink Marc de Champagne chocolate truffles, Ruinart champagne, as well as a selection of, erm, fruity items such as edible candy underwear from Ann Summers and sex toys from Lelo (who says romance is dead - Ed)..