Technology
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Dec- 2024 -4 December
Evri and GMB sign pay deal to cover courier sickness payments
GMB Union and Evri have announced a new pay deal which will secure sickness payments for self-employed couriers. The deal, passed by more than 80%, will provide self-employed couriers with insurance-backed paid sick leave. Self-Employed plus (SE+) will also get festive support payments of up to £950, subsidised death, disability,…
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Jul- 2024 -24 July
40% of consumers opt for cashless payments despite 2.6% surge in cash usage
Almost four out of 10 UK adults (39%) were living largely cashless lives during 2023, despite the number of people mainly using cash in 2023 rose to 2.6%, according to UK Finance’s latest Payment Markets Report, produced in collaboration with Accenture. The report revealed that one third (34%) of UK…
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Jun- 2024 -24 June
Getir shareholders to split business in two amid UK market exit
Getir’s shareholders have reportedly backed a restructuring that means the Abu Dhabi state fund Mubadala will inject an investment of up to $250 (£197m) into the food delivery app, according to Sky News. This comes after Getir held a general meeting yesterday (23 June), where investors approved to split it…
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14 June
Crew Clothing partner with tech platform to streamline operations
Crew Clothing has expanded its partnership with cloud management solutions platform Cegid in order to improve operations across its store estate.The clothing brand, which has been a user of Cegid Retail Store Excellence since 2009, has now rolled-out the Cegid’s Newsfeed feature across its 105 stores. The Newsfeed feature “bridges…
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4 June
Asda trials generative AI with Harley partnership
Harley, a London-based company developing a real-time Generative AI (GenAI) platform for data-driven decision-making, revealed it has trialled a successful proof of concept with Asda, one of the UK’s leading retailers. Harley said its platform provides Asda’s leadership with live, actionable insights, enabling executives to “make quicker and more informed…
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Apr- 2024 -15 April
GVCA names Dr Hannah Shimko as MD
The Gift Card and Voucher Association (GCVA) has announced the appointment of Dr Hannah Shimko as its new managing director, effective April 10, 2024. Shimko brings a wealth of experience and expertise to her new role, having served as CEO at the Online Dating and Discovery Association and head of…
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3 April
Amazon to ditch Just Walk Out tech in US stores
Amazon is reportedly set to ditch its grab-and-go checkout system, Just Walk Out, across its US Amazon Fresh stores in favour of newer technology. Tony Hoggett, Amazon’s senior vice president of grocery stores, told The Information that the company’s Just Walk Out technology, which relied on cameras and sensors to monitor…
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Mar- 2024 -11 March
Retail sector launches nationwide recruitment drive for women coders
Retail giants Unilever, Tesco Bank and Dunnhumby have announced that they are strengthening their efforts to recruit more women coders into the retail sector. The companies join other big names including NatWest, GCHQ and Just-Eat in partnering with Code First Girls, which works with over 150 companies in the UK…
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Jan- 2024 -10 January
Marks Electrical reduces profit guidance despite rise in sales
Marks Electrical has reduced its full-year profit guidance despite reporting a 22% increase in revenues to £88.9m for the nine months to December 23 and a 17.8% increase in revenues to £35.1m for the three months to December 23. The news comes as “consumers remain highly price-conscious in a challenging…
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8 January
iSmash eyes sale amid growing losses
iSmash is reportedly exploring a possible sale of the business after its auditors warned of a “material uncertainty” over its future amid growing losses, the Times has reported. According to its recent trading update, the company revealed it fell further into the red in the year to the end of…
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