It’s Friday, the week is nearly done, so let’s kick back and reflect on another eventful week for the retail technology space. Here’s your briefing on the most important and interesting stories from the past five days.
1. Ocado boss Tim Steiner questions Waitrose online credentials
Ocado’s Chief Executive Tim Steiner hit out at Waitrose as the two got ready to officially part ways, ending a 20 year relationship.
From Tuesday of this week, Ocado will sell and deliver food from M&S rather than Waitrose. M&S splashed out £750 million last year to acquire a 50% stake in Ocado’s retail business.
2. Amazon hails important step in drone delivery journey
Amazon has received approval from the Federal Aviation Administration (FAA) in the US to operate its fleet of Prime Air delivery drones. Read More..