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Top 10 Trends Driving Retail Growth

Retail TouchPoints

There are 10 Trends unfolding before us right now, very much worth watching. Just Walk Out” technology, first introduced by Amazon Go in 2018, is now being delivered by a variety of tech companies (Zippin, Trigo, Grabango) at retailers as diverse as Tesco, Aldi, Giant Eagle and more. Shoppers are returning to stores, again.

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Melbourne start-up ecosystem valued at over $10 billion

Inside Retail

The Global Startup Ecosystem Report (GSER) 2021 reveals that Melbourne’s start-up ecosystem value has grown by more than $3 billion in the past 12 months, and is now valued at more than $10 billion. billion in 2018, $3 billion in 2019 and $7 billion in 2020 – a growth rate of 475 per cent in four years.

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Retail TouchPoints Announces Winners of 2020 Retail Innovator Awards

Retail TouchPoints

As part of the virtual Retail Innovation Conference, Retail TouchPoints presented the winners of the 2020 Retail Innovator Awards (RIA) last night on a livestream celebration across its social platforms.

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Metcash to take complete ownership of Total Tools

Inside Retail

Total Tools has 112 retail stores and is expected to open about 10 more stores a year for the foreseeable future. Dumbrell has been serving as CEO of Total Tools since 2018 and remained in the role after Metcash acquired a majority stake in the company in 2020.

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Whole Foods Adds $10 Fee to Amazon Prime Members’ Deliveries

Retail TouchPoints

Whole Foods delivered three times as many orders in 2020 as it did in 2019, causing the costs associated with equipment and technology to rise. Amazon acquired Whole Foods in 2017 and introduced a free two-hour delivery option in 2018 as it steadily expanded the grocer’s delivery footprint. Manchester, N.H.; Manchester, N.H.;

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Best Buy to Invest up to $10M in VC Firm Focused on BIPOC Startups

Retail TouchPoints

Brown Venture Group , a venture capital firm focused exclusively on Black, Latinx and Indigenous emerging tech startups, will receive an investment of up to $10 million from Best Buy. of funding in 2020. Best Buy’s support is part of its June 2020 pledge to “do better” in terms of inclusivity and diversity.

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As Meta Flounders, Amazon and Google Prove it’s All About the Advertising

Retail TouchPoints

For the first time the tech giant broke out revenue from its advertising business (more than $31 billion in 2021 — see, you’re impressed) and announced that it will be raising the annual fee for its Prime subscription for the first time since 2018, from $119 a year to $139 a year. Since 2018 in the U.S., billion in Q4 2020 to $10.3