Vladislav Bakalchuk, co-founder of one of Russia's largest marketplace platform Wildberries, announced an attempted gangster-style takeover of the company. The head of Chechnya, Ramzan Kadyrov posted a video of his conversation with Bakalchuk on his Telegram channel. Bakalchuk said that in early July, Russ Outdoor company, headed by Levon and Robert Mirzoyan, tried to take over the assets of Wildberries by means of legal schemes. According to the co-founder, they deceived his wife, Tatyana Bakalchuk, after which she left home without an opportunity to see her husband to discuss what was happening. The marketplace merged with Russ Outdoor Company in June; the shares of both companies in the business were approximately equal.

A new research report has revealed the innovative new ways retailers are using RFID technology in-store to improve profitability.

Offering insights into the most effective, tried and tested approaches to managing retail risk, supplier of loss prevention solutions and retail technology, Checkpoint Systems UK, has revealed the conference agenda for its upcoming appearance as title sponsor at Retail Risk London on 22 July 2021.

The use of RFID offers a whole range of advantages, two of which clearly stand out: precision and speed. DENSO explains what this means for the retail sector.

According to Forbes, the global smart retail market size is expected to grow at a CAGR of 29.1% by 2030. DENSO accompanies retailers into the future with RFID.

The number of POS software installations at major retail and hospitality operators worldwide surpassed 9 million as of June 2023, according to a new study from strategic research and consulting firm RBR Data Services, a division of Datos Insights.

By Brad Hyett, CEO at phos.

SoftPoS, also known as Software Point of Sale, is a software-based solution enabling merchants to convert their NFC-enabled smartphones or tablets into functional payment terminals.

By Jeremy Landau, freelance writer.

Retail's dynamic environment is seeing a real shift, driven by the integration of advanced software solutions. This goes beyond a mere technological upgrade – it's about completely transforming the customer experience.

By Jennifer Richards, freelance writer.

The retail landscape is rapidly evolving, and technology is the driving force behind this transformation. As an expert in retail technology, I've observed several groundbreaking trends set to redefine the shopping experience in 2024 and beyond. Here's a look at the most prominent ones:

In the ever-evolving landscape of retail, businesses face an ongoing challenge: theft.Despite many retailers implementing additional security measures, the issue of stolen goods continues to plague the industry with beers and wine, health and beauty products, and baby formula being the most common stolen goods.

By Ryan Edwards, freelance writer.

Omnichannel is one of the most effective retail strategies for engaging customers, driving sales, and building lasting relationships. A way to strengthen this game-changing approach is the revolutionary power of Artificial Intelligence (AI).

Cleveron, a click-and-collect automation solutions innovator, is proud to launch a modular outdoor parcel locker, Cleveron 355. The newest solution is specially engineered for DIY and home furnishing retailers, enabling the automated handover of extra-large items.

Aptos has announced that EE is introducing a new cloud-based POS solution from Aptos in its retail stores. The technology will enhance EE’s customer engagement capabilities and reduce the IT infrastructure footprint in each store. 

By Brad Hyett, CEO at phos.

With the news from UK Finance that 93% of all UK cards are now contactless, we cannot underestimate the importance of a reliable digital payment infrastructure. But what happens when traditional chip-and-pin machines fail? We all remember the recent tech outages across McDonald's, Tesco, and Sainsbury's, which forced the outlets to close down.

By Jack Pollard, freelance writer.

Retail is one of the most competitive landscapes out there today. Consumption is at an all-time high, but the cost of living crisis means that brands need to fight harder than ever to convince consumers that their products are what they need.

SUZOHAPP is pleased to announce the appointment of Simon James as its new Executive Vice President of Retail & Transportation.Simon joined SUZOHAPP as Managing Director (MD) of the United Kingdom & Ireland, on September 1, 2018 and has made a very positive impact on our business there in a year's time.

By Ed Smith, freelance journalist

Self-checkouts have proven to be an increasingly popular option for shoppers to take control of their own scanning of items. It can feel a little quicker and allows you to scan then pack your goods at your own pace rather than trying to keep up with a cashier.

Across the globe, enough food is produced to feed 10 billion people, yet hunger and famine still prevail. Each year, around 931 million tonnes of food is wasted following production and processing; of this, 569 million tonnes (61%) is consumer waste, and 118 million tonnes (13%) comes from retail.

By Adrian Stokes, freelance writer.

In the fast-paced world of retail, simply offering quality products is no longer enough to stay competitive. To thrive, retailers must adopt a strategic approach to pricing. Price optimisation is not just a tool for boosting profits; it's a matter of survival and growth. Here are three reasons why retailers need to embrace price optimisation and the benefits of automating pricing operations.

In anticipation of the upcoming Retail Technology Show 2024 in London, scheduled between April 24th and the 25th, Advantech is showcasing the next generation of products targeted to this industry.

The Retail Technology Show (RTS), the leading industry event that connects retail’s changemakers and leading tech providers, has announced the shortlist of its 2024 Innovation Awards, which champion progressive, best-in-class technologies and solutions.

In the recent 2-3 years, an increasing number of malls and retail chains have adopted real-time video analytics and facial recognition to enhance security, customer experience and footfall analysis.

Some of these technologies are showcased this week at the NRF Protect Conference in Long Beach, California.

Anthropics Technology has announced that its AI-powered fashion virtual try-on, Zyler, has won an award by Retail Systems.

By Aileen Ryan, President, RAIN Alliance.

As costs spiral across the retail sector, maintaining profitability is a growing challenge. Organisations are increasingly seeking practical, affordable solutions that enable them to drive operational efficiencies and reduce overhead costs.

As the peak festive sales season approaches, retailers face greater cybersecurity risk during the fourth quarter than any other time of year. Last year the average cost of a data breach jumped up 10% between 2023 and 2024. For retailers the cost has increased beyond the global annual average and sits at an 18% YoY increase ($2.96m).

British Business-to-Business (B2B) companies take on average 32 days to collect, collate and enrich all the necessary data for a new product launch, significantly impacting UK productivity and go-to-market times, according to research conducted by Akeneo, the Product Experience (PX) Company and leading provider of Product Information Management (PIM) solutions.

Jisp, the retail technology company, has marked the three-year anniversary of its Scan & Save app achieving high performance figures. Jisp reports that, since its launch in 2021, Scan & Save has earned retailers almost £6million while shoppers have saved over £2.2million in that time.

The Golden Quarter of retail is approaching. Perfect time for retailers to gather mounds of consumer data. But how to do so compliantly? Two Toronto-based marketing specialists have an answer: Precision Retail, a new venture offering what they believe to be the world's first and only rewards-based post-purchase survey plugin to capture 0PD.

GreyOrange Inc. has introduced SoftFence, a virtual shielding technology from its retail software as a service (SaaS) platform, gStore.

In 2024, the retail landscape has continued to evolve rapidly, with leading retailers adopting the best solutions to increase efficiency and improve customer experience. In recent years, ESLs (Electronic Shelf Labels) have been viewed as the next big thing for accurate price communication and inventory management for retailers.

By Franklin Carpenter, freelance writer.

The importance of customer data in retail continues to grow, pushing businesses to seek efficient management strategies. Cloud computing has proven to be a powerful resource for tackling customer data challenges, enabling retailers to streamline their processes.

Online e-cigarette retailers are not consistently adhering to laws aimed at preventing the sale of vaping products to minors, including regulations on age verification, shipping methods and flavor restrictions, report researchers at the Herbert Wertheim School of Public Health and Human Longevity Science at University of California San Diego.

Abu Dhabi Islamic Bank (ADIB) has announced that...

Policymakers’ efforts to reduce threats from improvised explosive devices (IEDs) should include greater oversight of precursor chemicals sold at the retail level – especially over the Internet – that terrorists, violent extremists, or criminals use to make homemade explosives, says a new report from the National Academies of Sciences, Engineering, and Medicine.

Big data allows retailers to analyze vast sets of customer information including purchase history, demographics, browsing behaviour, and social media interactions. This enables highly targeted marketing campaigns, product recommendations, and loyalty programs.

The producer, specializing in soft pretzels and waffles, now sells at 2,700+ stores.

The gourmet brand will now be sold in 90 locations of the North Carolina chain.

The California Walnut Board is launching its fourth consecutive American Heart Month campaign this February, expanding its popular retail marketing program in an effort to bring more attention to Heart Month and encourage consumers to make healthier food choices.

Wonder Monday has reimagined cheesecake with just 2g sugar, 3g net carbs, 10g clean protein, and nothing artificial. 

SOMOS is now available at retailers nationwide including select Albertsons, Sprout's, Kroger, Meijer, and more.

Launched last year in convenience stores across the U.S. and Europe, Chipoys is now setting its sights on continued nationwide expansion as it grows in popularity and adds to its product offerings.

The restaurant-quality pizzas are now available at Whole Foods Markets, Sprouts, and other natural-skewed retailers.

The company introduced new confectionery and snack products at Sweets & Snacks Expo this week, plus new AR and image recognition technology.

Martin's fresh-baked products are now available for purchase at 65 Kroger stores throughout Cincinnati, Ohio.

The well-known sweets brand has launched 20 prepackaged sweet treats that consumers can purchase at retailers nationwide and online.

The snacks, unveiled earlier this year and previewed at Sweets & Snacks Expo, are a permanent addition to the brand portfolio.

The new retail offerings include Honey Chicken Bites and Restaurant Style Crispy Wings.

Food tech brand on mission to change the way consumers eat and enjoy food.

Innovation is the result of fresh thinking.

Amazon is doing well, though a volatile political climate threatens small businesses’ growth.