RTIH brings you the retail technology week in numbers — Retail Technology Innovation Hub
£8.99 and £95…Amazon is hiking the price of its Prime service for UK customers.
From September, monthly subscriptions will go up £1 to £8.99 and annual membership will increase from £79 to £95.
The price rise, Amazon’s first in the UK since 2014, is partly due to inflation, which is at a 40-year high.
10…Grocery technology unicorn, Instacart, has announced that Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) can now be used to buy groceries online in 10 US additional states – Colorado, Hawaii, Idaho, Louisiana, Montana, New Mexico, Oregon, Utah, Washington, and Wyoming – through its app and retailers’ Instacart Platform powered e-commerce offerings.
Albertsons Companies and Sprouts Farmers Market are among the first to accept EBT SNAP online in these states.
$200,000…Chipotle is launching a new interactive game called Buy The Dip that engages people in a stock market simulation to ‘buy the dip’ at its lowest point and gives away a total of $200,000 in free crypto.
You have to be part of the company’s loyalty programme to play.
Winners will get free cryptocurrency in the form of Bitcoin, Ethereum, Avalanche, Solana, and Dogecoin.
Promo codes will also be on offer for 1-cent guac and 1-cent Queso Blanco through to 31st July (National Avocado Day).
Gloss