Retailers are in a continual battle to retain market share and margins. Brexit is, of course, in focus, bringing margin pressure and potential volatility, especially at the discretionary end. 

The good news is that UK retail sales bounced in April with a 2.3% jump after some weakness in Q1. 

Behind the scenes, a plethora of new start-ups have been emerging in the retail technology space, with a notable concentration in location analytics and proximity marketing and the use of Internet of Things hardware and/or smartphone sensing software to track shoppers throughout the store.

While established retail technology players will continue to focus around the central/core retail systems, flexible (notably core retail system agnostic) niche software plays, however speculative, present excellent opportunities for both retailers and investors to capitalise on new technologies bringing value (or hype) to the space.