Home Latest The retail technology space during the Covid pandemic  — Retail Technology Innovation Hub

The retail technology space during the Covid pandemic  — Retail Technology Innovation Hub

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The retail technology space during the Covid pandemic  — Retail Technology Innovation Hub

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Black Friday 2020 was a huge success, thanks in no small part to various coronavirus restrictions, and this year it is set to be even bigger. 

According to research from Mention Me, consumers are expected to set a new record, spending 5% more on Black Friday this year compared to last.

Bookshop.org, pitched as the ethical book buying alternative to Amazon, is celebrating the first anniversary since it launched in the UK. 

It says that, during this time, customers buying through it have generated over £1.6 million for the 480 independent bookshops on the platform.

Only a third of UK consumers stayed loyal to brands during the Covid-19 pandemic, according to research from antuit.ai. The company surveyed over 2,000 Brits for this. 

Consumers who switched were more likely to have traded down on grocery retailers during the pandemic than those who traded up from own brand to brands. 

US-based startup Fast is launching its one click checkout offering in the UK with Revolution Beauty.

After entering their contact information and payment details as they normally would for their first purchase on a merchant’s site, buyers are automatically signed up and can use the solution at any online store with Fast Checkout.

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