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The Cost of Inaccessibility: Businesses Lose More Than $6.9 Billion Annually

Retail TouchPoints

Moreover, it can bring an increase in operational expenses as well as higher legal risks. What’s more, people with disabilities have a strong preference for shopping online. What’s more, people with disabilities have a strong preference for shopping online.

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Milkrun seeks investment as a perfect economic storm hits instant delivery

Inside Retail

That reticence was backdropped by significant operating costs at Milkrun, which eschews the independent contractor model and uses employees to deliver groceries. At the same time, the return of in-person shopping after Covid-19 restrictions bit into the sector’s lockdown-era market share.

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The UltimateShopper Sets New Standards: AI Theft Protection and Contactless Payment Integrated into the Shopping Trolley

365 Retail

At the heart of Gecks offering is the UltimateShopper Plus , a pioneering smart shopping trolley that enhances the shopping experience while giving retailers a competitive edge. Cost Savings : Significantly lowers staffing costs and eliminates operating expenses for traditional checkout systems.

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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

After years of decline, ContextLogic has sold its discount shopping app Wish for approximately $173 million in cash to Qoo10 , an ecommerce platform that operates localized online marketplaces throughout Asia. Qoo10 is headquartered in Singapore and operates marketplaces in Singapore, Indonesia, Malaysia, mainland China and Hong Kong.

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Simon Calls Off Merger With Taubman, Citing Impact Of COVID-19

Retail TouchPoints

In addition, Taubman has breached its obligation to operate its business in the ordinary course.”. The merger agreement specifically gave Simon the right to terminate the transaction in the event that a pandemic disproportionately hurt Taubman,” according to a Simon statement.

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Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

Bringing the Bottom-Up Perspective into Focus CollaboMation strives to connect human workers with shop floor technology, creating a smooth interface that harnesses shop floor analytics and bridges any existing gaps that may disrupt operations.

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Amazon results and outlook fall short as warehouse, fuel costs soar

Inside Retail

In North America, the company’s largest market, sales rose 8 per cent while operating expenses soared 16 per cent to $71 billion. In March Amazon said it planned to close all 68 of its bookstores, pop-ups and other home goods shops, at the same time as it is focusing more on groceries. That partly reflected a $7.6