Wednesday, June 23, 2021
Amazon’s total sales are forecast to top £77 billion by 2025, outpacing the UK’s current largest retailer Tesco’s predicted £76.1 billion.

Amazon will overtake Tesco to become UK’s largest retailer by 2025

Amazon’s total sales are forecast to top £77 billion by 2025, outpacing the UK’s current largest retailer Tesco’s predicted £76.1 billion.
Just four out of 18,000 mutual funds in the EU have invested in Deliveroo since it went public in March, and only one in the UK.

Deliveroo snubbed by investors 2 months after “worst IPO in London’s history”

Just four out of 18,000 mutual funds in the EU have invested in Deliveroo since it went public in March, and only one in the UK.
Ocado's chief executive says that the pandemic-driven ecommerce boom has left a number of markets ripe for a potential expansion.

Ocado could soon sell groceries outside of the UK for the first time in...

Ocado's chief executive says that the pandemic-driven ecommerce boom has left a number of markets ripe for a potential expansion.
Klarna was hit by major technical troubles yesterday seeing users who tried to log in be signed in to other members’ accounts seemingly at random, allowing them to edit details and access personal information.

Klarna suffers severe bug logging users into random shoppers’ accounts

Klarna was hit by major technical troubles yesterday seeing users who tried to log in be signed in to other members’ accounts seemingly at random, allowing them to edit details and access personal information.
Amazon is reportedly in talks to launch a number of bricks-and-mortar pharmacy stores in the US, sending Walgreens, Rite Aid and CVS Health shares tumbling. 

Amazon to open physical pharmacy stores in the US sending rivals’ shares diving

Amazon is reportedly in talks to launch a number of bricks-and-mortar pharmacy stores in the US, sending Walgreens, Rite Aid and CVS Health shares tumbling. 
Sony has confirmed plans to begin selling PlayStation 5s directly to consumers in Europe via a new PlayStation Direct service. 

UK shoppers will soon be able to buy PS5s directly from Sony

Sony has confirmed plans to begin selling PlayStation 5s directly to consumers in Europe via a new PlayStation Direct service. 
While TikTok thundered ahead of its rivals, Instagram and Facebook still saw shopping grow 189 per cent and 160 per cent over the last year.

553% growth in TikTok shopping as ‘social commerce’ skyrockets during pandemic

While TikTok thundered ahead of its rivals, Instagram and Facebook still saw shopping grow 189 per cent and 160 per cent over the last year.
Ikea shoppers can now apply to pay for their home renovation projects through a new ‘Financial Services’ offer, which launched across the UK today.

Ikea has launched its own ‘buy now, pay later’ scheme in the UK

Ikea shoppers can now apply to pay for their home renovation projects through a new ‘Financial Services’ offer, which launched across the UK today.
Smart rings could soon be the new norm for contactless payments enabling shoppers to pay for goods and unlock their doors.

Smart rings could soon replace contactless cards

Smart rings could soon be the new norm for contactless payments enabling shoppers to pay for goods and unlock their doors.
Marks & Spencer’s concerted efforts to reenergise its floundering fashion arm are paying off, according to new research from Kantar. 

M&S grows share of the online women’s fashion market faster than any other brand

Marks & Spencer’s concerted efforts to reenergise its floundering fashion arm are paying off, according to new research from Kantar. 

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[Study] Do you understand Customer Obsession?

Forrester Consulting asked 261 HQ and Customer facing employees if they understood Customer Obsession. In the study commissioned by Critizr, they found that customer-facing workers...