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Waizu – Reducing mobile device loss and protecting the bottom line

RetailTechnologyReview.com spoke with Adrian Lawson, managing director of independent software vendor (ISV) Waizu, about how the company’s solutions are geared to helping organisations avoid the costly loss or misplacement of their mobile devices, thereby keeping their assets active and accountable and their workers fully productive.




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Dakota continues to accelerate growth and development

RetailTechnologyReview.com spoke with Dakota Integrated Solutions’ commercial director, Philip Jarrett, and recently appointed key account manager, Peter Jenkins, about the company’s current growth trajectory, including new partnerships and strategic technology sweet spots.




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PPDS and software firm Telelogos team up to bring advanced content and device management solutions to Philips Tableaux

PPDS, the exclusive global provider of Philips professional displays, has announced that Telelogos software has been approved as the very first remote device management solution for the new Philips Tableaux range of Advanced Colour ePaper displays.




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Utimaco research finds a low level of trust for IoT devices, citing work needed to communicate digital safety

Utimaco has released new consumer research that has found a low level of trust around Internet of Things (IoT) devices. This has highlighted the need for more education from industry into how smart devices are secured with the latest digital security solutions.




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Smartwatches forecasted to rebound in 2024 with 17% growth

Canalys' recent global wearable band market analysis forecasts a 2% rise in 2023, totaling to 186 million units. This growth is primarily driven by a significant 22% surge in basic watch shipments in emerging markets, notably India.




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Tech experts reveal how to stop your phone from overheating, including removing your phone case

With the UK facing the hot temperatures, many of us will be wondering how to protect tech items from overheating and facing long lasting damage. 




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Common Problems with Smartphones and How to Fix Them

By Josh Harvey, freelance writer.

In the last 15 years or so, since the first iPhone debuted all the way back in 2007, it’s not hyperbolic to suggest that smartphones have changed the very fabric of our society. The average teenager probably spends more time on their phone than off it and we all rely on them for business and pleasure, par-ticularly during those long and stressful commutes.




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Co-op teams up with Quadient to deliver parcel locker convenience in communities in the UK

Quadient (Euronext: QDT), a global automation platform powering secure and sustainable business connections, has partnered with Co-op in the UK to deliver further parcel locker growth and added convenience to its communities.



  • Retail Supply Chain

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Think Tank launches new SMART formats to help brands elevate their packaging design

Think Tank, the UK bespoke packaging design agency, is launching new SMART packaging formats designed to help brands elevate their packaging design and boost their commercial reach.



  • Retail Supply Chain

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Customer adoption of Bitsight cloud monitoring grows 170% amid increased demand for Visibility Across digital infrastructure

Bitsight, the cyber risk management solutions provider, has introduced new asset mapping capabilities to help companies better manage vulnerabilities across their extended attack surface.




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Toshiba’s next-generation S300 Pro Surveillance HDDs for large-scale video surveillance systems

Toshiba Electronics Europe GmbH (Toshiba) has introduced its next-generation S300 Pro Surveillance Hard Disk Drives (HDDs) targeting the latest requirements in the surveillance storage market.



  • Surveillance and Security

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Retailers adopt strategies previously exclusive to law enforcement and federal agencies

As AI regulations in the US have evolved to be more supportive of commercial use, retailers and malls are increasingly adopting technologies that were once the domain of law enforcement and federal agencies. This shift is driven by the need for enhanced security and operational efficiency, with many turning to advanced video analytics and facial intelligence.




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Almost half of UK SMBs have faced a significant business setback due to misinformation or fake reviews

Small and medium-sized businesses (SMBs) in the UK are facing significant challenges in today’s digital landscape, with misinformation, fake reviews and inadequate search and engagement tools putting them at a serious disadvantage compared to larger competitors.




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44% of CISOs fail to detect breaches

44% of CISOs surveyed reported they were unable to detect a data breach over the past 12 months using existing security tools, according to Gigamon. 70% of CISOs stated their existing security tools are not as effective as they could be when detecting breaches due to limited visibility.




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In-Store Merchandising: A Key Ingredient for Retail Growth

By Arun Rasika Karunakaran, Retail Product Manager & Consultant,Tata Consultancy Services.

Over the last decade, the number of online sales has skyrocketed. The most recent statistics show that 19.4% of normal retail sales around the world were made online. That has led to some retailers thinking that it might be time to shift most of their focus to e-retail and their online storefronts.




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Retail Sector - Cyber Threat Intelligence Report 2024

NCC Group have just released a free CyberSecurity Threat Intelligence Report for the Retail sector as it enters its busiest spell, the "GoldenQuarter".It will help retailers manage an increasing surge in demand across their IT operations and supply chains.




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Dyslexia Awareness Week: Ensuring website inclusivity in the retail sector

As Dyslexia Awareness Week (07-13 October 2024) arrives this week, digital transformation specialists Sherwen Studios are advocating for retailers to reconsider how accessible their website is for users affected by dyslexia.




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Paper packaging sales stabilising, as decline slows from 17% in Q1 to 12% in Q2, and to 9% in August

New data from Demica, the fintech, reveals that the paper packaging sector in key markets across Europe and North America is showing signs of stabilisation.




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Snapchat is the new hotspot for online shopping, according to Wethrift

It has recently emerged that consumer habits amongst Gen Z are changing, with many now turning to social media for retail therapy. Weighing in on this growing phenomenon of social media shopping, Nick Drewe, founder of the online discount platform Wethrift, offers his insights:




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Serial returners projected to account for £6.6bn of online returns in the UK in 2024

A silent crisis of ‘serial returns’ is eroding retail profit margins as uncovered in the Annual Returns Benchmark Report 2024* conducted by returns specialist ZigZag, in partnership with Retail Economics, accounting for 1 in 10 (11% of) online shoppers that make returns, are generating a quarter (24%) of all online non-food returns.




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How to Grow Your eCommerce Business Using Cutting-Edge Social Media Strategies

By Luke Alexander, freelance writer.

In today's digital landscape, social media has become a pivotal tool for eCommerce businesses looking to thrive in a competitive market. With 5.17 billion active users, social media is essential for businesses aiming to grow and sustain their presence.




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Linnworks partners with Loop to streamline post-purchase experience for retailers

Linnworks, provider of inventory, order and warehouse management solutions for ecommerce retailers, has announced its new integration with Loop, a post-purchase platform designed to optimise returns, exchanges and reverse logistics.




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Practicality, self-care, and surprises: why deep discounts aren’t the main motivator for consumers

While discounts and sales events have long been associated with holiday shopping, new data from e-commerce provider Visualsoft reveals that consumers are motivated by more than just deep discounts when it comes to their seasonal and gifting purchases.




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Will Russia pay $50 bn to Yukos shareholders?

Russia again owes more than $50 billion to former shareholders of the Yukos oil company after a court of appeal in the Netherlands upheld three international arbitration decisions on the lawsuits of Yukos shareholders that were brought down in 2014 in The Hague. This is the largest compensation in the history of international arbitration. The court thus agreed with the former shareholders that oil company Yukos was illegally nationalized and liquidated, while its assets were transferred to state-owned companies. Following the court decision in The Hague, the company's former shareholders will try to seize Russian property in other countries. It remains unclear, though, how long the complex process will take. The landmark decision to collect $50 billion from Russia was made in 2014  by the Permanent Court of Arbitration in The Hague. The plaintiffs in the case were three offshore companies: Hulley Enterprises Yukos Universal Veteran Petroleum, part of Group Menatep Limited. They owned 70% of Yukos and lost their money during its bankruptcy. Company founder Mikhail Khodorkovsky was not on the list of the plaintiffs. In accordance with the decision, Cyprus-based Hulley Enterprises and Yukos Universal Limited were to receive a compensation of $39.9 billion and $1.85 billion, respectively, while the Yukos Pension Fund Veteran Petroleum Ltd. - 8.2 billion dollars. In 2016, the execution of these decisions was suspended by the first instance of the Dutch court, which satisfied Russia's complaint, but now the plaintiffs will be able to resume their attempts to arrest Russian state property abroad. In turn, the Russian authorities intend to reach the Supreme Court of the Netherlands. Arresting Russian state property abroad worth $50 billion will be quite difficult Russia has the right to appeal the decision at the Supreme Court of the Netherlands, but proceedings in other countries to enforce the decisions to recover more than $50 billion may resume already now.




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Why do people use cryptocurrency despite all the fraud and complexity?

With the continuous and rapid evolution of the technological era, digital currencies are gaining popularity daily. They have been gaining traction from the past half-decade. Despite the fluctuations in bitcoin and other cryptocurrencies' value, more and more people start seeing cryptocurrency as a profitable investment. For instance, if we talk about Bitcoin, one of the most popular types of cryptocurrency, it has taken over the digital currency market. If we further discuss its fame, you'll see that it is being used in some of the biggest business names around the globe, including Microsoft, Overstock, and AT&T, now accept it as a method of payment. Here, you might be thinking, why do people use cryptocurrency and cryptocurrency wallets? What are their pros and cons? Is it worth investing in cryptocurrency wallets in 2020? If you have such questions, get them answered here. But first, let us tell you about the MOST USEFUL cryptocurrency wallets. A lot of wallets are designed solely for the storage of cryptocurrencies. At a time when there was a peak in online currency exchanges and thefts, there was a need to create a wallet that will provide ultimate protection. OWNR Wallet is one of the safest bitcoin wallets to buy crypto in 2020. It helps people in keeping their digital money safe from external threats. Along with security, OWNR Wallet offers a variety of useful features for both holders and traders.




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Easy ways to build strong business foundation

Startups are a lot like infants. They come into the world vulnerable and needy. And it's your job, as the founder, to protect your new business much like a parent would with a helpless baby. Businesses face numerous risks from the start. And in many regards, it's your ability to protect your fledgling business during these early days that makes or breaks your chances of long-term success. In light of this, here are a few practical tips you may find valuable in your pursuit of growth and stability: Form the Right Legal Entity One of the first steps every business owner should take is to form the correct legal entity. This legal entity will provide tax advantages as well as certain asset protections. The most common types of legal entities include:




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USA wants to finally kill Russia's Nord Stream 2 gas project

The US will expand sanctions against the Nord Stream 2 gas pipeline project. The sanctions will now affect companies that provide services or funding to install equipment on board the vessels that take part in the project. Such a move may permanently halt the construction of the pipeline. The news to expand the sanctions was reported on the website of the US Department of State. Similar restrictions are to be imposed on the participants of the Turkish Stream and other similar projects.The Nord Stream-2 gas pipeline provides for the construction of two sections of the gas pipeline system with a total capacity of 55 billion cubic meters of gas per year from the coast of Russia to Germany along the bottom of the Baltic Sea. Originally, the construction of the pipeline system was supposed to be completed in 2019. However, the work on the project was suspended after US Congress passed a package of sanctions against the participants of the project. The USA remains opposed to the project, claiming that it makes Europe overly dependent on Russian natural gas and increases political pressure on Ukraine, which transits natural gas further to Europe. Kiev and several countries of the European Union share the same position. "Russia uses its energy export pipelines to create national and regional dependencies on Russian energy supplies, leveraging these dependencies to expand its political, economic, and military influence, weaken European security, and undermine U.S. national security and foreign policy interests. These pipelines also reduce European energy diversification, and hence weaken European energy security," the US State Department said in a statement. Russia, Germany, Austria and a number of other countries, whose companies are involved in the construction, insist that this is nothing but a business project.In late 2019, the United States imposed sanctions on Nord Stream-2, having demanded the companies involved in the construction should immediately stop their works on the project. Allseas, a Swiss company, pulled out of the project almost at once.Representatives of Russia's natural gas monopoly, Gazprom, stated that they would be able to complete the construction of Nord Stream-2 independently. For the time being, one needs to finish the construction of the section that is 100 kilometres long. On October 17, German Foreign Minister Heiko Maas said in an interview with RND that the project would be completed.




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Makhlai blames Uralchem for TogliattiAzot being in trouble

The runaway owner of TogliattiAzot, Sergei Makhlai, is once again in the spotlight of Russian media. This time their interest was aroused, apparently, by the media publications sponsored by Makhlai. Recently several Russian media have suggested that the chemical giant TogliattiAzot needs a change of ownership, since the current main owners of the plant, headed by Sergei Makhlai, have ruined the enterprise and criminalized it drastically. This seriously scared Makhlai, who attempted to justify himself and lay the blame on the others.




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Evergrande does not fit into the line of China's new policies

On Monday, September 20, during a trading day on the Hong Kong stock exchange, the shares of Chinese developer Sinic collapsed by 87 percent. Experts point out that the shares collapsed due to the "domino effect", which was caused by the crisis of China's another developer giant, Evergrande. In 2020, Evergrande owner Hui Ka Yan was among the top three Chinese wealthy men. Today, however, the development company that he owns has found itself on the verge of default. Evergrande's debts are overwhelming and reach an astronomical amount of $302 billion. How did Hui Ka Yan lead his development empire to such a deep crisis? Evergrande is due to pay its investors $83 million on September 23rd. S&P Global believes that the Chinese government refuses to bail out the debt-stricken company. However, Hui Ka Yan is full of optimism. He assured his employees that his company will extricate from the crisis, although he did not specify how.




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How small businesses go from brick to virtual

It's difficult to highlight any positives of the recent pandemic. However, if one exists in the business world, it's the virtual infrastructure that was built on the fly to allow companies to make the shift away from traditional brick and mortar operations. If you've been on the fence about a permanent shift in the virtual direction, this is your time to shine. The benefits of going virtual




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Yukos skeletons. What links Aleksey Golubovich with former owners of the oil company. Part I

Russia's refusal to pay $50 billion to former Yukos shareholders will lead to new investigations.On March 31, the Moscow City Court will consider an appeal, which was filed against the ruling to pay $35 million to former Yukos shareholder Alexey Golubovich by his ex-wife Olga Mirimskaya. Allegedly, she received the money for the sale of Yukos shares 15 years ago, and her ex-husband asked for his share as part of the divorce proceedings that have been ongoing for the last ten years. These are unusual demands as Mirimskaya has never owned shares in the oil company. In addition, Golubovich was not only its shareholder, but also served as the director for strategic planning and corporate finance at OAO NK Yukos and was aware of all information related to the financial dealings of the oil giant. A journalistic investigation conducted by Pravda.Ru showed that Alexey Golubovich likely still works in close collaboration with other ex-owners of Yukos. Alexey Golubovich, a former shareholder of Yukos oil company, and Olga Mirimskaya, the chairwoman of the Board of Directors of BKF Bank, divorced in 2012, but the litigation over the division of their marital property continues to this day. Olga Mirimskaya is the founder of the Russian Product Company. She is also President of BKF Bank. Mirimskaya is charged with giving a bribe — two vehicles worth a total of 3.25 million rubles — to Yury Nosov, an investigator at the Moscow Region Department of the Investigative Committee in 2017. He handled the case, in which she appeared as a victim in connection with the kidnapping of her daughter. Nosov and Mirimskaya were arrested in the bribery case. They plead not guilty, claiming that the case has been initiated under false pretences with malicious intent. "According to the defendant, the case was initiated by Alexey Golubovich, as well as by her former common-law partner Nikolai Smirnov, a co-owner of the Golden Crown payment system, as an act of revenge for the return of her daughter, in order to seize her property," Mirimskaya's lawyer Alexander Chernov said.




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Skeletons of Yukos. Why GML paid Alexey Golubovich $44 million. Part 2

Continued. Read Part I of the article here. Alexey Golubovich, Yukos's former director for strategic planning and corporate finance was one of the main witnesses in the case against Yukos. How can one determine the basis of his testimony? Was it a wish to help the Russian justice system or the subtle game of a "double agent"? In order to understand this, one may need to recall a few facts from his business biography. In the first part of our investigation, we talked about Alexey Golubovich's business projects and lawsuits in 2010–2022, in which one could see both the shadows of his former Yukos colleagues (for example, Mikhail Khodorkovsky, Yuri Beilin) ​and the non-systemic opposition.




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Foreign companies suffer a total of $70 billion in losses after they leave Russia

The losses that American, European and Japanese companies have suffered after they left the Russian market are evaluated at tens of billions of dollars, RIA Novosti reports. Since the beginning of the special operation in Ukraine to the present, foreign companies have lost a total of $70 billion. Companies of the fuel and energy complex have suffered the biggest losses. Many companies in this sector have deconsolidated and devalued Russian assets by ceasing to report the results of their activities in the country, they have not completely stopped working in Russia. For example, the UK-based BP, having made a number of statements about its decision to withdraw from Russian projects, was forced to retain shares in local assets. According to Putin's decree from August 5, shareholders from unfriendly countries will no longer be able to make transactions with shares in companies of strategic significane, fuel and energy companies and banks without the consent of the state. In its report for the first quarter of 2022, BP depreciated Russian assets in the amount of $25.5 billion, but it did not take practical steps to exit the projects.




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Combatting Sweethearting: How Retailers Leverage AI to Tackle Employee Fraud

Retail theft in the U.S. is reaching critical levels, costing businesses around $100 billion annually. While shoplifting and various forms of employee theft are rising, a particularly challenging issue is "sweethearting."



  • Surveillance and Security

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No tricks: Half-term Halloween treats retailers to a +17.7% boost to UK store footfall

With Halloween coinciding with school half-term and the religious festival of Diwali this year, UK shoppers embraced spooky season, delivering a boost to in-store shopper traffic, the latest data from Sensormaic Solutions, the leading retail traffic consulting and analytics group from Johnson Controls, shows.




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Futura forges alliance with Shipster to create end-to-end software solution

Shipster, a custom shipping integration platform, and Futura Retail Solutions, an advanced retail and warehouse management software, have announced a strategic partnership to target growing omni-channel retail markets.




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Signs That Your Identity Has Been Compromised (and How To Get Help?)

By Gareth Hunt, freelance writer.

One of the world's most important currencies is information. That information could be about anybody and anything and may be used in a million different ways. With this much personal information people put on the internet, it becomes effortless for cyber criminals to get that information and perpetrate identity thefts.




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5 Reasons Why You Can’t Stop Scrolling on Social Media

By Craig McPherson, freelance writer.

Think of this. You've got a serious deadline to cover and are working on it. After one hour of work, you turn back to social media for a "state of relaxation". But guess what? You keep on scrolling your favourite social media platform for hours and end up missing the deadline. Sounds familiar, right?




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Half-term Halloween delivers devilish boost to digital sales, rising +32.2% year-on-year

Online retailers saw a significant increase in online Halloween sales, bolstered by the event (31 Oct) falling during school half-term as well as coinciding with Diwali, according to data from Wunderkind, the AI-driven performance marketing solution.




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Black Friday Surge Puts Supply Chains to the Test: How Buffers.ai Helps Retailers Stay Ahead

By Kumar Abhishek,Pixelo Digital.

As retailers gear up for the annual Black Friday rush this month, Supply Chain Managers, Production Planners and Inventory Managers face unique challenges in preparing for one of the busiest shopping days of the year.




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Threats to supply chains a top concern for 72% of FTSE 100 companies

72% of FTSE 100 companies list threats to their supply chains amongst their principal risks, shows new research by supply chain management consultancy INVERTO, part of Boston Consulting Group.




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Pallet Truck Shop urges retailers to get ahead of Black Friday returns

The 2024 festive period could be a tricky one for retailers as shoppers hunt down the best deals amidst an ongoing cost of living crisis and focus the majority of their bargain hunting on the Black Friday weekend.




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The convenience factor: Why social selling is crucial for the future of retail

By Georgia Leybourne, Chief Marketing Officer, Linnworks.

Success in ecommerce and retail today hinges on consumer convenience. It is fast becoming a powerful tool in the e-commerce industry, transforming the way businesses engage with their customers and increasing sales through social commerce.




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Retail payroll teams struggling with seasonal hiring, but too few are leveraging technology to alleviate the burden

With the holiday season fast approaching, retail payroll teams around the world are bracing for the strain of seasonal hiring. The influx of workers means added payroll runs, and yet too few are turning to technology to ease the pressure.




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How logistics must evolve to support the growing demand for pre-loved fashion

By Umar Butt, CEO of UK and Europe at Aramex.

The pre-loved market is taking the fashion industry by storm. Reminiscent of the continued popularity of charity shops, thrift stores or vintage boutiques, the appetite for second hand clothes has been a constant for centuries, however in recent years a paradigm shift has moved this growing market into the mainstream.




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CrowdStrike to acquire Adaptive Shield

CrowdStrike has agreed to acquire SaaS security solutions provider, Adaptive Shield. With this acquisition, CrowdStrike reports that it will be the only cybersecurity vendor to provide unified, end-to-end protection against identity-based attacks across the entire modern cloud ecosystem – from on-premises




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Supply chain agility critical to success in biggest retail golden quarter for years

Supply chain agility critical to success in biggest retail golden quarter for years. Chris Clowes, executive director at global supply chain and logistics consultancy, SCALA, discusses how the agility of supply chain and logistics operations will be critical for businesses looking to make the most of this year’s golden quarter...




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Singapore’s Cyber Security Agency award Veracity Trust Network S$1 million Grant to develop and deliver AI-powered bot detection

Veracity Trust Network (Veracity) has been awarded the Cybersecurity Co-Innovation and Development Fund (CCDF) CyberCall grant of S$1 million by the Cyber Security Agency Singapore (CSA).




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New Russian McDonald's to have books instead of toys in Kids Combos

Russia's Vkusno i Tochka (Tasty and That's It) fast food chain, which appeared n the country instead of McDonald's, will have meal combos for children similarly to Happy Meal, the company's press service told RBC. The sets will be called "Kids Combos." The company will remove toys from the sets to replace them with books. The new products will be available at restaurants of the network from December 12 in Novokuznetsk, Novosibirsk, Berdsk, Barnaul, Tomsk, Kemerovo and Krasnoyarsk. Kids Combos will be available throughout Russia starting from January. Kids Combos will include nuggets, cheese snacks, classic burgers, salads, carrot sticks and apple wedges, as well as a drink of choice, a representative of Tasty and That's It said.




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H&M Russia staff say goodbye to customers in touching video

H&M clothing, footwear and accessories store on Tverskaya Street in Moscow closed on November 30.  An employee was filmed removing store banners and signs. A note to customers on a window says that the store is permanently closed, but all returns will be processed accordingly.  The staff of H&M Russia recorded a video in which they say goodbye to customers.