RTIH brings you Digital Retail Technology Week – Retail Technology Innovation Center

5…Prada has announced the release of its fifth Timecapsule NFT series related to neutral physical products and genius NFTs.

The drop comes after Timecapsule NFT dropped four times, all of which the company said would result in immediate sell-out.

A key design element of the latest Timecapsule shirt is upcycled fabrics from the Prada archive.

Number 34 in the Timecapsule collection, this shirt features the October calendar month.

1…Printemps, a beauty, fashion, accessories and menswear-focused retailer with 20 department stores in France, is inviting people to visit its first immersive virtual location in a virtual world.

It will give anyone who buys from the store the chance to enter a sweepstakes to win an NFT created in partnership with artist Romain Froquet.

30 NFTs, exclusive digital works, will be made available to customers through the Arianee platform.

Holders will also receive Froquet’s original painting, which was displayed in the atrium of Printemps Haussmann during the event.

43% A significant number of the 2,000 UK consumers surveyed by Emarsys buy vintage items, and a significant number wish they could relive shopping experiences from decades past.

12% buy vintage items for pure sentimental value, 10% to decorate their home, and 10% for vintage hobbies.

Classic brands and products dominate retro buying lists, with VHS tapes (25%), Walkman (22%) and Etch-a-Sketch (19%) the most popular for evoking nostalgia.

15% of Brits say they are missing the “simpler era” where they don’t have 24/7 access to brands across different media.

1…Deliveroo partners with Morrisons to open its first brick-and-mortar grocery store.

The Deliveroo Hop store on London’s New Oxford Street will allow customers to order on a digital kiosk or the Deliveroo app for quick pickup.

It also acts as a dark store for Deliveroo Hop, the fast-growing grocery store of Deliveroo.

Deliveroo’s chief operating officer Eric French said: “We are opening our doors to welcome commuters, locals, tourists and day-trippers into our first high-street grocery store in the UK.”

“Our new Oxford Street store promises to offer our customers a new way of shopping, giving them greater flexibility and choice, and should help boost local growth, with nearly two-thirds of shoppers saying they Will visit other nearby stores and Deliveroo while shopping.”

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