Retail Media: Equativ acquires Kamino Retail Europe The Equativ marketplace (owned by Bridgepoint since 2023) announced on September 26, 2024, the acquisition of Kamino Retail,…
[case study] With Smartway’s AI, Auchan Retail targets a food breakage rate of 0.75% Europe At Paris Retail Week, and while Smartway has just received €1.4 million in funding as part of the i-Nov innovation competition under Plan France 2030, Martine Demaret, Program Manager Officer at Auchan Retail, Delia Lourenco, Zebra Technologies Account Manager and Christophe Menez, Co-Founder of Smartway, presented the results of their partnership to reduce food waste.
Truffaut, Boulanger and Cultura victims of a massive cyber attack Europe Customer data, at the heart of retailing assets, is also of use to cybercriminals. After Zadig & Voltaire and LDLC, Truffaut, Boulanger and Cultura have now fallen victim. Pepe Jeans and Grosbill may have been targeted.
[confidential] 3 years after its first financing round, Sensei prepares a Series A Europe Committed to a diversification of formats, the Portuguese autonomous store editor is preparing a Series A, mind Retail learned. The aim is to accelerate the deployment of the automation solution in convenience stores, but not only that.
[Online data] Second-hand goods reaches unprecedented levels in fashion and electronics According to data from both Fox Intelligence and Fevad, the two most buoyant categories online, in 2023, are where second-hand does not exist. In fashion, second-hand accounted for more than 40% of online sales in 2023. In electronics, more than a third of the market has shifted, in value.
[Analyze] The six major challenges facing retail in 2024 A few of the barriers for retail in 2024 include generative AI, retail media, decarbonisation and CSRD, omnichannel efficiency or social commerce. Retail, commercial property and retail tech sectors are all facing new pressures. What they all have in common is the need for efficiency and hyper-agility, against a backdrop of fluctuating demand and financing pressures. The challenge is to generate Ebitda to finance recovery plans (digital transformation and price cuts) and settle residual debt.
Carrefour evaluates a grocery subscription program that includes Netflix Europe The food retailer wants to expand offerings to build customer loyalty, while the video-on-demand platform is looking for new ways to win customers.
Supply chain: Blue Yonder launches generative AI functionality Americas As generative AI use cases have been mushrooming in the retail sector, US supply-chain management software publisher Blue Yonder (formerly JDA,…
In South Korea, Chanel condemned again for excessive data collection Asia On November 23,2023, Chanel (2022 sales up by 17% at €16 billion, with 50% coming from Asia-Pacific) was fined US$2,761 by the South Korean data protection watchdog called PIPC (Personal Information Protection Commission).…
Children’s data: TikTok fined US$ 367 million in Ireland Europe While the European DSA is forcing the platform to be more transparent and protect privacy, the Irish regulator has just punished TikTok for misuse of children's data.
