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UK retail sales beat expectations driven by strong tech demand

Retail Gazette

Technology and telecommunication retailers saw sales surge by more than a third, buoyed by new product launches, including Apple’s new iPhone 16, which helped partially offset a 2.4% Volumes were also at their highest index levels since July 2022 while year-on-year, sales jumped 3.9%, the largest annual rise February 2022.

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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

The numbers currently used to identify cards will be replaced with tokenisation and biometric authentication In 2022, Mastercard added biometric options enabling payments to be made with a smile or wave of the hand. The storage of personal information is a contested issue. They would be excluded from the new protections.

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The Story Behind Verizon’s Ambition to Become a ‘Local Community Brand’

Retail TouchPoints

Given its primary role as a telecommunications provider, it can be easy to overlook the fact that Verizon also is one of the most ubiquitous retailers in the U.S. Introduced in 2022, Total by Verizon stores now number close to 1,300 and that will nearly double this year, said Sampath.

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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

Six years later, Johnson might answer that question differently — his “commerce-at-home” startup Enjoy Technology filed for bankruptcy on June 29, 2022, after a series of setbacks including staffing shortages and dwindling liquidity. as of July 1, 2022.

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AWS to Invest an Additional $7.8B to Expand Ohio Facilities

Retail TouchPoints

The industry was worth an estimated $480 billion in 2022 and is expected to reach $1.7 This includes a combination of actual Amazon employees and employees at local vendors that support the Amazon facilities, in sectors including telecommunications, software development, facilities maintenance and electricity generation.

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Strategies for Retailers to Weather the Storm this Hurricane Season

Retail TouchPoints

Hurricane Season 2022 is underway, and with it comes the looming threat of outages and downtime for retailers. According to the Uptime Institute’s 2022 Outage Analysis, more than 60% of outages reported in the time covered resulted in at least $100,000 in total losses, up from 39% in 2019. The Impact of Downtime.

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Intelligence Node Wins the 2022 Aegis Graham Bell Award for Innovation in Data Science

Intelligence Node

Intelligence Node was announced as the winner of the 2022 Aegis Graham Bell Awards for the Innovation in Data Sciences category. These awards are hosted annually by Aegis School of Business, Data Science, Cyber Security, and Telecommunication and are designed to promote technology innovation and reward exceptional contributions by innovators.