Connect with us

Tech

This Week's Biggest Retail Tech News — Retail Technology Innovation Hub

This Week's Biggest Retail Tech News — Retail Technology Innovation Hub

 


It's Friday, the weekend is almost here. Let's take a moment to reflect on another eventful week for the retail systems sector. Get an overview of the most important stories from the past five days, including Retail Technology Show 2024, MUJI, Fortnum & Mason, RELEX Solutions, Blue Yonder, Walmart, Sainsburys and the 2024 RTIH Innovation Awards.

1. IKEA UK updates Oxford Street London store, scheduled for grand opening in spring 2025

IKEA UK reports that its Oxford Street city store is scheduled to open in spring 2025 as an extensive refurbishment project across all seven floors of the Grade II listed building continues.

It said significant progress had been made across the project, which is being led by Inka Investments, the investment arm of Inka Group, IKEA's largest retailer. The project includes the construction of housing for city stores on Oxford Street and the development of four storeys of office space.

The press release states: A refurbishment of this scale and importance is highly complex and several unforeseen circumstances emerged as the refurbishment program progressed.

It was recently discovered that additional unforeseen work was required on the lower two basement floors to control water ingress and is currently underway.

Peter van der Poel, Managing Director of Ingka Investments, said: “Ikea Oxford Street is a unique project that will carefully and sustainably upgrade a Grade II listed building that is over 100 years old.”

Following the discovery of an unexpected water intrusion issue, the company is now taking steps to reduce long-term flooding risk, protect this historic building for years to come, and future-proof it. We are taking important steps.

2. Retail Technology Shows will see increased attendance among senior-level retailers and retail decision makers in 2024

The Retail Technology Show (RTS) reports that not only has overall visitor numbers increased by +28% year-on-year, but the number of senior decision-making retail visitors will also increase in 2024, with 10% of visitors More than eight of the people in the role were at a senior level.

Last month, RTS held its largest showcase ever, with nearly 400 technology exhibitors on the show floor and more than 120 industry luminaries and leaders speaking on stage and discussing the industry's hottest topics. I did.

The two-day event at London Olympia attracted an audience of 12,752 retail professionals, as well as continuing to attract an elite audience in 2024, according to the latest post-show report.

82% of RTS participants act as executives, senior managers, or heads of their respective retail organizations, with the number of C-level visitors increasing by +2 percentage points compared to 2023. I am.

This senior level of retailer participation means 83% of retailers who joined RTS have influenced or approved retail technology spend decisions within their organizations, a 1% increase from 2023. Did.

As in 2023, visitors to RTS were once again high on fashion and food retailers, with the highest number of participants from the fashion and apparel sector (27%), up +6 points year-on-year, and food This was followed by products (22%), which also increased by +8 percentage points compared to last year.

Other categories of retailer visitors included DIY, home and gardening (9%), general merchandise, and health and beauty (both 5%).

One of the biggest draws for retailers was staying ahead of industry trends and consumer insights (28%).

Sources

1/ https://Google.com/

2/ https://retailtechinnovationhub.com/home/2024/5/17/starring-ikea-ebay-and-heineken-rtih-rolls-out-the-biggest-retail-technology-news-stories-of-the-week

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]