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Retail IT News: October in Review

Hello and welcome to October: In Review.

The holiday season is in full swing. From now, until the end of the January sales, retailers will face the perilous task of maximizing sales whilst coping with the influx of holiday consumers. This year has seen an arms race between retailers – developing apps, in-store innovations and other systems – to optimize both the customer experience, and seasonal revenue. Now we get to see how these improvements will pan out over the next couple of months. Get the latest updates with our October in review blog.

Retailers Willing to Invest More in Tech; Retailers Can Win With Voice in the Holidays

Global retail sector technology spending will grow 3.6% to reach almost USD$203.6bn (£159.9bn) in 2019, with similar growth rates for the next two years, according to the latest forecast from Gartner. Customer expectations and competition are forcing retailers to evolve and invest heavily in digital business transformation.

Walmart Rolls Out On-The-Spot ‘Check Out With Me’ Feature, In-App Store Maps

“Long checkout lines are the dreaded pain point of a customer’s shopping experience especially as they approach the holiday sales season.”

Amazon seeking property to launch Amazon Go in the UK

Amazon has been scouring the country in search of small retail sites sparking speculation that it is preparing to bring its Amazon Go fascia to the UK.

Discover how to implement the Store of the Future.

Social Shopping Set to Spur Half of UK & U.S. Black Friday Purchases

A global study of 111,899 internet users by GlobalWebIndex, reveals social networks have strengthened their role as a product research channel year-on-year, achieving a 39% increase since 2015.

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