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Global spending on POS software set to soar

New research has shown that retail and restaurant businesses globally are likely to spend US$1.7 billion annually on POS software by 2024.

Meet the KOCS: the next generation of opinion leaders

KOLs, or key opinion leaders, are beginning to dominate online marketing in China. But there is a new group gaining ground on them: KOCs. Top influencers like Viya and Austin Li have cultivated millions of fans and are highly sought after by top brands in fashion and beauty.  But last year a new breed of influencers began to take off: KOCs, or key opinion consumers. These micro-…

Mobile, social-media key, says 10 Highlights of China’s Commercial Sector report

Mobile- and social media-centric online-to-offline strategies that provide seamless shopping experiences are a “must” in China’s new consumer era, according to the latest 10 Highlights of China’s Commercial Sector report.

Costs cited as Gap Inc cancels Old Navy spinoff plans

Gap has nixed plans to spin off its Old Navy subsidiary, saying that after further investigation the costs involved outweighed the benefits.

Why Google’s acquisition of Irish startup Pointy is big news for retailers

Google has acquired Irish start-up Pointy, a firm that allows physical stores to make their products discoverable online.

Jeanswest enters voluntary administration due to online pressure

The Australian business of Hong Kong-owned apparel retailer Jeanswest has entered voluntary administration, due to the difficult trading conditions facing the clothing retail market Down Under.

Ignoring AI in retail will cost market share and sales, warns expert

AI in retail has grown beyond a mysterious buzzword to a tool for revolution in retail – but adoption rates are lagging other industries.

From selling to buying: what insurance can learn from retail

Customers of insurance companies are starting to demand the same style of customer experience and convenience they have come to expect from retailers.

Five key apparel-sourcing trends for this year

Disruption and uncertainty remain the biggest challenges facing apparel brands, retailers and their global supply chains heading into the new decade, says research house GlobalData, outlining five key apparel-sourcing trends for the year ahead. Unpredictable and fast-moving changes to tariffs and trade, pressure to make smarter and faster decisions, and demands for new levels of sustainability will all weigh on fashion business…

Wrapping up Summer 2019: A grocery trend report from IRI

The Australian Summer is not just about the Christmas, New Year and Australia Day period. It is also the biggest time of year for in and out-of-home entertaining as many people take advantage of the sunny weather. Justin Nel, Lead Consultant at IRI recaps the three hottest grocery and summer entertaining trends from 2019 that manufacturers should consider in the New Year. Good for me, good for the planet …

Nike to replace New Balance as Liverpool FC kit provider

Nike has signed on as the official kit provider of presumptive English Premier League 2020 champions Liverpool FC.

Digital innovation driving change in beauty-care retailing

During the recent Singles’ Day sales, more than 1 million orders were placed and processed through voice command via Alibaba’s Tmall Genie.