AI-assisted shopping starts to go mainstream Retail The promised AI revolution in shopping is starting to materialise, with shoppers increasingly trusting agents for personal recommendations ahead of the festive season. Traffic to retail sites from AI tools is expected to surge fivefold year-over-year, with particular boosts on Cyber Monday and Black Friday, according to Adobe. “Traditional models of how consumers react with [...]
NCC Group pivots on cyber security amid rising demand Tech FTSE 250 tech firm NCC Group said it was changing the strategic direction of its cyber security division after revenue took a hit in the first half of the financial year. NCC’s revenue from cyber security tumbled nearly eight per cent to £123.5m for the first half of the year, down from £133.9m for the [...]
Retailers pin hopes on bumper golden quarter with Black Friday, Cyber Monday and Christmas Business The final three months of the year, also known as the golden quarter, are make-or-break for retailers. Retail spending has consistently languished this year, or been propped up by margin-carving discounts, but pent-up demand is expected to give the sector a much-needed boost during the holidays, according to a panel of industry experts. Despite consumer [...]
Cyber Monday beaten as Black Friday sales soar December 7, 2014 Black Friday trumped Cyber Monday as online transaction volume soared 74 per cent year-on-year, compared to an increase of just 44 per cent on Cyber Monday, showing the meteoric rise of the US shopping event. Since 2011 Cyber Monday (1 December) has outperformed Black Friday in terms of online sales, however this year’s Black Friday [...]
The best places to find Cyber Monday deals 2014: John Lewis, Tesco, Asos, Marks and Spencer, Game, Samsung, Halfords and Morrisons December 1, 2014 Beleaguered shoppers are still nursing their bruises and retailers are still fixing up their stores following UK's biggest-ever "Black Friday", yet the deals keep on coming. Tomorrow is "Cyber Monday", the internet's biggest shopping day of the year when online retailers offer consumers another chance to grab a bargain as the Christmas shopping season [...]
Worker Bees: Cyber Monday piles on the pressure November 30, 2014 Today’s Cyber Monday event could be the biggest shopping day of the year – keeping Amazon’s warehouses packed to the rafters. Amazon, which sold 5.5m items on Friday at a rate of 64 purchases a second, has filled warehouses, such as this one at Peterborough, with 13,000 extra staff to meet pre-Christmas demand. The Centre [...]
Cyber Monday binge forecast – The week ahead on Wall St November 30, 2014 Cyber Monday will today stoke US consumer spending again, following the Thanksgiving shopping binge. Economists will be keen to see sales figures, as they are often seen as an indicator of the US economy’s general health. Tomorrow will include a raft of speeches from members of the Federal Reserve, including its chair Janet Yellen. The [...]
Cyber Monday UK 2014: A great day for online shoppers – and for internet crime November 30, 2014 Today is Cyber Monday, the busiest online shopping day in the retail calendar, as consumers continue to cash in on Black Friday discounts and get their Christmas orders in. With consumers expecting fast turnarounds of online purchases, retailers will no doubt be concerned about supply chains and channels to market – one wrong move could [...]
Amazon Black Friday deals deliver busiest day ever as shoppers surge online ahead of Cyber Monday November 29, 2014 It's not even Cyber Monday yet, but Amazon has clocked up its busiest ever day of sales in the UK thanks to Black Friday, selling 64 items every second yesterday. Shoppers ordered more than 5.5 million items such as TVs, tablets and toys with huge price reductions, beating last year’s Black Friday sales of four [...]
Black Friday and Cyber Monday: The luxe online shops changing how we consume November 26, 2014 Millions of pounds are set to be spent online during the two biggest dates in the retail calendar – Black Friday and Cyber Monday. We round up some of the luxury fashion sites where an increasing proportion of that money is spent. Welcome to the new digital high street. LYST lyst.com Lyst [...]