Simbe raises US$50 million to deploy computer vision robots Americas On October 24, U.S. retail tech company Simbe Robotics closed a US$50 million Series C round, led by Goldman Sachs,…
Exclusive [mind Retail Exclusive] Asda reduces phantom stock by withdrawing 1.6 million products Europe According to our information, the British retailer Asda rolled out Retail Insight's latest solution in all its supermarkets. The grocer aims to reduce inventory errors, which are responsible for almost all “out of stock” issues.
Exclusive [mind Retail Exclusive] Lacoste signs with StrutFit to reduce online returns On May 23, at Viva Technology in Paris, mind Retail learned of Lacoste‘s signing with New Zealand’s StrutFit in March 2024.…
Computer vision: Walmart adopts new technology to reduce “scan & go” fraud In the U.S.A., Walmart's wholesale subsidiary Sam's Club is about to deploy a technology combining AI and computer vision in all stores. The aim is to streamline a self-check-out experience and free up staff time.