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 have 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 offenses as riots and looting gets 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.
And Finally
Walmart are 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.