Could virtual reality replace high street shopping by 2050?
Virtual reality (VR) shopping sprees could spell the end for physical high street retailers by 2050, according to new research.
retail
Dentsu Aegis buys Bluecom to boost ecommerce in Asia
Marketing giant Dentsu Aegis Network has acquired Shanghai-headquartered ecommerce firm Bluecom for an undisclosed sum.
Black Friday alert: International orders up due to weak pound and retailers warned of ‘Basket Bandits’
Global ecommerce consultancy Salmon has announced that the UK retail sector can expect to see a rise in international orders during Black Fiveday, the five-day period around and including Black Friday.
IBM tests platform to embed AI bot Watson into any device
IBM has launched Project Intu, an open platform designed to let developers embed its AI “Watson” functions into various end-user device form factors, offering a next generation architecture for building “cognitive-enabled experiences”.
Returned goods from Black Friday web shopping weekend to top £1bn
UK shoppers will spend £5 billion in a four-day internet shopping frenzy from Black Friday to Cyber Monday. However, according to predictions by innovative retail data intelligence specialists, Clear Returns, £1 billion of these products purchased online will be returned by shoppers.
Blippar turns Covent Garden into augmented reality wonderland for Christmas
Visitors to Covent Garden can experience the Christmas shopping spree of the future this festive season as the area transforms into the world’s first augmented reality (AR) retail district in partnership with pioneering AR app Blippar.
US consumers look to British retailers for the out of the ordinary
US consumers are currently buying from UK retailers, with 77% of US consumers purchasing outside the US, according to new research.
Digital disruption: Half of UK businesses “will not exist in current form by 2021”
Digital disruption is the biggest challenge faced by organisations today, with almost half (44%) of business leaders believing their organisation will not exist in its current form by 2021, according to new research.
Right to reply: Black Friday frenzy shows why mobile is more crucial than ever
This week IMRG released its sales forecast for Black Friday, predicting that £3.45bn, or 51%, of sales this year will to be completed through mobile devices. Michael Allen, VP EMEA, Dynatrace, looks at why mobile is now crucial to any retailer’s strategy this festive season.
Black Friday web shoppers to spend £6.77bn in UK- report
£6.77bn will be spent on UK online retail sites over the Black Friday peak period this year, according to new research.