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Half of UK Consumers Back a Return to VAT-free Shopping for Tourists to Boost Retail Spend and Visitor Numbers, Retail Technology Show Research Reveals

365 Retail

Despite the Government refusing to overturn the abolition of the duty-free shopping for tourists in the Spring Budget, now half (50%) of UK consumers want the scheme to be reinstated, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators.

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What to Consider When Incorporating AI into Your Retail Business

Retail TouchPoints

Artificial intelligence has revolutionized the way businesses and individuals operate by using data to power tools that can analyze, respond, predict and create in a manner similar to the human brain. When contemplating whether and how to incorporate AI into their business, retailers should consider the following: Privacy concerns.

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SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S., The company has reportedly set a target to grow revenue by 40% this year, which will be propelled, at least in part, by an expansion of its EMEA business. The new Dublin office will serve as the company’s strategic IT hub for the region.

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Location Data is a Must for Site Selection

Retail TouchPoints

A willingness to adapt to new challenges comes part and parcel with the success of any business operation, but the COVID-19 pandemic has been disruptive beyond the typical ebbs and flows. Despite all this, there is good news: in-person shopping is not simply going away forever. Consumer Behavior has Changed.

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The 19 Ecommerce Growth Challenges of 2018, Outlined by Amazon’s Annual Report

BigCommerce

From general Amazon growing pains to government regulation, part of the report took a hard look at some of the major issues and potential risks ahead that all ecommerce retailers need to consider (as Amazon third-party retailers or otherwise). Magazine called a business must-read: The Definitive Guide to Amazon. . Image source.

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Dixons Carphone to shut all airport shops after tax-free shopping scrapped

365 Retail

Electricals retailer Dixons Carphone is to close airport store business Dixons Travel after it was hammered by the pandemic and the end of tax-free tourist shopping. Shares in the PC World owner slid after it revealed plans to shut the 35-shop business. in early trading. A Dixons Travel shop (Dixons/PA). billion for the year.

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INFORMing Customers: A New Retail Requirement

Retail TouchPoints

Since 2021, states and the federal government have been pushing to provide consumers with more information about the parties with whom they transact. To help retail businesses and online marketplaces better understand the requirements of these laws, we provide more information regarding their application and compliance requirements.