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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% decrease in supermarkets. in September, as consumers sought to update their seasonal wardrobe amid the cooler weather. in September.

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Supermarket chains fall in trusted brands rankings, as Bunnings holds lead

Inside Retail

Hardware retailer Bunnings has again been named as Australia’s most trusted brand, while supermarket chains Woolworths and Coles fell down the rankings. Telecommunications company Optus remained the most distrusted brand last year, followed by social media giant Facebook/Meta and airline Qantas.

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

Inside Retail

Many senior consumers and those with a disability dont use digital banking services. While strengthening the security attached to credit cards, removing numbers shifts the vulnerability to mobile phones and telecommunication providers. However, the use of digital banking is not universal.

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Walmart, Starbucks, Nike: Making sense of China’s latest retail sales numbers

Inside Retail

At the Pang Dong Lai supermarket chain, based in Chinas north-central Henan Province, both customers and employees are treated like royalty. The NSB stated that the countrys retail sales of consumer goods rose by 3.7 per cent), telecommunication equipment (+9.9 Walmart says the consumer is spending at Walmart.

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Will massive fines for grocers who exploit suppliers work?

Inside Retail

Suppliers of food and other products have been complaining for years about their treatment at the hands of Woolworths, Coles and Australia’s other big supermarket chains, although rarely to the supermarkets themselves – perhaps, as suggested in a recent Four Corners program, because they feared retribution.

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Inflection Points are the Catalysts for Innovation

Cisco Retail

Take one of Australia’s largest supermarket chains, Woolworths. The team at Woolworths had a vision for their business and how they would serve their consumers. Take Vodafone , a leading telecommunications company in Europe and Africa, for example.

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Majority Report: 2022 Predictions on How AI Will Impact Global Industries

Nvidia

In supermarkets and big-box stores, retailers will increase their use of intelligent video analytics and computer visions to create automated checkouts and autonomous or cashier-less shopping. They’ll become critical to enhancing fraud prevention and to mapping relationships to fight fraud more effectively.