Travel retail trends: Poor online experiences leading to lost sales
Travel companies may be losing conversions and sales opportunities due to disappointing online experiences, according to a new report.
E-commerce
Amazon slashes Wholefoods prices by up to 43% on first day
Amazon has cut prices on a range of products at its newly-acquired Whole Foods grocery chain it bought for £10.7bn earlier this year.
Hellmann’s targets millennials with direct to consumer model
Unilever’s dressings brand Hellmann’s has begun testing a new direct-to-consumer model with on-demand delivery service Quiqup in a collaboration connected by Unilever Foundry.
Share of online UK retail orders going to EU at 4-year high
Online retail delivery order volumes were up +16.5% year-on-year in July, according to the latest data from the IMRG MetaPack UK Delivery Index.
Google teams with Walmart for voice-enabled shopping
Walmart and Google are teaming up to enter the voice-shopping market, currently dominated by Amazon’s Alexa.
Is Amazon about to enter the banking sector?
Could we soon be opening an Amazon bank account and getting loans and mortgages from the e-commerce giant? The e-commerce delivery expert ParcelHero says the UK finance industry can bank on it.
Next’s ‘Kodak moment’ shows open goal for machine learning in retail
Next is facing a ‘Kodak moment’ according to analysts at Berenberg, suffering from the effects of a ‘wait and see’ attitude towards the e-commerce shift which they were early to identify but slow to adopt.
Bank holiday to spark series of Christmas spending peaks
The August bank holiday weekend is set to trigger the start of Christmas spending in the UK, and mark the first of a series of peaks in seasonal shopping during Q4, according to new research.
The rise of chatbot financial assistants: 3 apps that are changing banking
Chatbots are being used by fintech start-ups to help customers manage and save their money. Plum, Chip and Cleo are automatic financial assistants which use intelligent software to understand customer spending habits, and customers can chat about their finances to their chatbot whenever they feel like it.
Amazon debuts ‘Instant Pickup Points’ in the US
Amazon is taking another step in shortening delivery times with a new ‘Instant Pickup’ service in the US… but only for specific high-demand items.