Our latest Huboo round of all news, views, and interviews from the world of eCommerce, fulfilment, and logistics.
Imports from the UK dropped by over €900 million
Imports from Great Britain have dropped by more than €900 million since Brexit. December 31st marked the end of the Brexit transition period, bringing an end to the free movement of goods between Great Britain and the EU member states. Now new data from the Central Statistics Office (CSO) show figures have dropped 65% to just €497 million in January of this year compared to the same time last year.
CSO senior statistician Orla McCarthy said, “Other factors identified by traders were stockpiling of goods in Q4 2020 in preparation for Brexit, substitution with goods from other countries, and a reduction in trade volumes due to the impact of Covid-19 related restrictions throughout January.”
Amazon’s bricks and mortar
Earlier this month grocery shoppers saw a watershed moment as Amazon opened its first-ever physical site, a supermarket. Tried and tested technology including cameras and depth-sensors monitor shoppers inside, who merely add items to their app basket and paid virtually before leaving the store without even heading to a checkout. If high street giants can’t afford to keep their storefronts open, why is the online marketplace giant, making the move from clicks to bricks?
Amazon has already seen success in its physical stores in the USA and hopes to replicate this in Europe, this is seconded by reports that the global firm will look to create 30 stores across the UK.
Piplsay, a global consumer research platform, surveyed 6,005 Britons to see what they think about the tech-heavy retail concept.
- 17% of Britons have visited an Amazon Store before (9% in
London); 86% were happy with their shopping experience
- 54% of Britons think Amazon Fresh will be a threat to top
grocers like Tesco
- 39% of Britons say they prefer less tech-heavy retail stores or online shopping over Amazon Fresh stores
Tech Nation Report 2021
The Tech Nation Report 2021 has arrived. The report details how UK tech pioneers are shaping our coronavirus recovery – and the proof is in the data. Bristol and Bath have ranked third in the UK for tech investment, and it’s been a record year for the industry!
Gerard Grech, founding chief executive, Tech Nation, says, “This year has highlighted the UK tech sector’s enormous resilience and world-beating innovative spirit. In the face of a major global crisis, it has not only survived; in many areas, it has boomed.”
This is an exciting time for the fulfilment and tech industry, here at Huboo we can certainly second Grech’s comments and look forward to what the future has in store!
If you’re looking for help with your eCommerce fulfilment needs, find out more about how Huboo can help you here.
Have a great weekend!