The National Association of Supermarkets and Self-Service Stores (ANSA) published a study showing that the self-checkout system is becoming firmly established in Venezuelan retail, currently reaching 70 %.
According to Ítalo Atencio, president of the association, between 60 % and 70 % of…
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Retail
60% of consumers use their phones to search for nearby stores
A recent geomarketing study conducted by a leading omnichannel communications company found that 60% of consumers used their mobile devices to search for information about local stores, and 40 % did so while on the go.
Additionally,…
Cryptocurrencies and retail businesses will get along
The Director of Technology (CTO) of the Walmart store and warehouse chain, Suresh Kumar, spoke about the role that cryptocurrencies are having within businesses and payment systems in general.
During Yahoo Finance!'s All Markets Summit…
BIS to launch an intelligence platform for cryptocurrencies
The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital…
Amazon closes its physical bookstores in the US and the UK
Major e-commerce company Amazon said it plans to close dozens of brick-and-mortar bookstores and other retail stores to focus on groceries and tech. The decision affects a total of 68 stores in the United States and the United Kingdom…
German retail is a Christmas catastrophe
German retail was disappointed again this year with the volume of sales in physical stores this Christmas season. "For the second time in a row, the Christmas season was a catastrophe for retail," said Stefan Genth, general secretary of the…
Economic confidence in the euro area suffers the first fall of the year in August
Confidence in the evolution of the euro zone economy registered a moderate correction in August from the maximum of the last 21 years registered last July. It represents the first setback in the figure so far this year, before supply chain…