Join Oliver Banks and stay up to speed with the ever-evolving world of retail. In this episode:
News You Can Use
- Amazon have upgraded their Just Walk Out technology with multi-modal technology.
- ThredUp announced a series of new AI-powered features to assist shoppers.
- TikTok and Temu have scaled massively recently, but they are now looking to adjust their fees and terms as they look to convert revenue growth into profitability growth.
- Holland and Barrett have invested in security and anti-theft monitoring technology and have shared data about the level of crimes observed.
- In the UK, retail stores and colleagues are facing disruption and a tsunami of criminal offences as riots and looting get out of control.
- B&Q is exploring quick commerce and is partnering with Deliveroo to launch rapid deliveries in London and is also working with DPD to offer robotic deliveries in Milton Keynes.
- John Lewis is looking to transform their customer experience when it comes to retail media.
The Shopping Trip
This week, two retailers go head-to-head with their recent livestream shopping events. eBay collaborated with Love Island to offer exclusive items from the TV show. Whilst Walmart and P&G worked together to set up an Olympic-themed livestream event.
Both were very different so we’re looking at what worked and what didn’t. And discover which event came out on top.
Watch the livestream replays:
eBay x Love Island and their preloved event
Walmart x P&G and their Olympic-themed event
And Finally
Walmart is using ‘depackaging’ technology to process waste packaged food in stores, creating a clean recyclable waste stream and unlocking a food stream too.
Listen to this episode of The Retail Show to stay up to speed with the ever-evolving world of retail. Enjoy listening.