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Sabtu, 02 Juni 2018

2018 could be a record year for store closings

This week's highlights: PayPal and Google are deepening their partnership, Echo's recent eavesdropping incident could undermine Amazon and the smart speaker market , How GDPR is already impacting publishers and tech, and much more
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WEEKEND ROUNDUP
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2018 could be a record year for store closings

As the "retail apocalypse" rolls on, 2018 could see more retail space open up than any year before, according to CoStar Group data cited by CNBC.

At least 94 million square feet of retail space will be closed in 2018, according to data released in April, already moving in on 2017's record of 105 million square feet, with much of the year still left to go.

This surge was powered by the liquidation and closing of retailers like Toys "R" Us and Bon-Ton, with many more stores set to close soon.

Business Insider Intelligence analyst Daniel Keys has the full story.
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RESEARCH IN FOCUS

The Global E-Commerce Landscape

Emerging markets are going to be essential for e-commerce growth, as retailers in developed markets may soon reach saturation in terms of consumer growth. This report compiles several e-commerce snapshots, which together highlight the most notable emerging markets in various regions. Each provides an overview of the e-commerce industry in a particular country, discusses influential retailers, and provides insights into the opportunities and challenges for that specific domestic industry. Learn More →

The Bill Pay Report

Business Insider Intelligence has put together a detailed report that explains the US bill pay market, identifies the major inflection points for change and what's driving it, and provides concrete strategies and recommendations for banks looking to improve their digital bill pay offerings. In full, it sizes the US bill pay market and estimates where it's poised to go next, evaluates the impact that digital will have on bill pay in the US and who is poised to capitalize on that shift, and identifies three key areas in which issuers can improve their bill pay offerings. Learn More →

Drones for the Enterprise

In this report, Business Insider Intelligence details how unmanned aircraft are disrupting a slew of different industries, including agriculture, construction and mining, insurance, media and telecommunications, and the public sector. We also size the market for global enterprise drone shipments, and pinpoint the features that make drones useful tools within different industries. Lastly, we make predictions for how drone use in these industries will evolve over the next five to 10 years and to what extent their impact will be magnified over this period. Learn More →
 
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BRIEFING HIGHLIGHTS

PayPal and Google are deepening their partnership

PayPal and Google are extending their payments relationship across Google's entire ecosystem. Read More →

Echo's recent eavesdropping incident could undermine Amazon and the smart speaker market

A family in Portland, Oregon reported that their Amazon Echo Dot surreptitiously recorded their conversation and sent the audio to someone in the device's contact list. Read More →

How GDPR is already impacting publishers and tech

GDPR took effect last Friday, and we can already feel some of the early tremors of its impact. Read More →

M&A activity is on the upswing at retail banks

Merger and acquisition (M&A) activity at banks is on the rise again, with Clydesdale and Yorkshire Bank (CYBG) announcing its acquisition of Virgin Money this month, Fifth Third reporting a merger with MC Financial, and rumors emerging that Barclays plans to buy Standard Chartered. Read More →

Teens are choosing other online platforms over Facebook

Teens' time spent online is now more distributed among several online platforms than it was three years ago, according to a new study by Pew Research Center. Read More →

Alibaba pouring billions into Chinese logistics network

Chinese e-commerce behemoth Alibaba is leading a $1.38 billion equity investment in domestic parcel courier ZTO Express alongside Cainiao, Alibaba's own logistics subsidiary. Read More →

Citi has announced a direction for a new digital bank

Citi announced at an investor conference that it will be targeting its digital-only bank, which is currently in development, to its credit card customers rather than account holders with high deposit rates. Read More →

Blockchain could take off in retail

The retail industry will reach a "tipping point" within the next five years that will see blockchain heavily tested across use cases, which will lead to significant adoption of the technology. Read More →

Singapore is facing a tech talent shortage

Singapore has long been angling to become a leading global fintech hub, but a shortage of talent may pose a threat to those plans. Read More →

Google is partnering with Chinese smartphone vendor Xiaomi in another win for Android app developers

Google's mobile AR platform ARCore is arriving to China per a partnership with Chinese smartphone vendor Xiaomi. Read More →
 
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CHARTS OF THE WEEK

Credit unions boast fee advantage over banks, but they're lagging on the digital front

Credit unions boast fee advantage over banks, but they're lagging on the digital front

How marketplaces can attract Amazon's third-party sellers

How marketplaces can attract Amazon's third-party sellers

Tech giants need to focus on building consumer trust in healthcare

Tech giants need to focus on building consumer trust in healthcare
 
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