Key Insights and Signals in Retail and Consumer Goods
Mergers and Acquisitions Brazil’s Lojas Americanas to buy grocery chain Hortifruti for USD 400 Mn Hortifruti offers fresh produce through 73 stores in four Brazilian states, generating 2 billion reais in unaudited gross revenue in the year ended June 30. Read More>>Partnerships Kroger kicks off pickup partnership with Google Kroger has partnered with Google to offer pickup service functionality through the tech company’s popular Maps app across 96 stores in Ohio, Kentucky, and Indiana. Read More>> Kiwibot and Sodexo bring food delivery robots to US college campuses Kiwibots deliver food via a locked compartment that only the recipient can open through the Bite+ app. Read More>> SPAR International rolls out integrates grocery e-commerce platform SPAR International’s e-commerce platform will be powered by Naveo and made available for SPAR country organisations across the globe to help enable an optimized e-commerce experience for customers. Read More>> Amazon, Catamaran to end Cloudtail joint venture The decision comes after a Reuters investigation in February based on Amazon documents showed the US company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass India’s foreign investment laws. Read More>>Executive Movement Neiman Marcus appoints digital strategist, revamps multi-channel stores Neiman Marcus has announced the appointment of Rene Paradise as Senior Vice President of Digital Business & Customer Strategy. Read More>> West Marine appoints Eric Kufel as Chief Executive Officer As part of this planned transition, Mr. Seipel will become Lead Independent Director of the West Marine Board of Directors, effective August 23. Read More>> Wickes appoints Mohamed El Fanichi as technology chief El Fanichi will report directly to Wickes chief executive David Wood and be a member of the executive committee. El Fanichi joins from The Landmark Group UAE, where he has been chief information officer since March 2017. Read More>>Deals and Deal Renewals Bukalapak Selects Vesta to ensure secure transactions for its Indonesian consumers By investing in a secure platform, Bukalapak will bolster consumer confidence in e-commerce and assure current and new customers that online shopping is convenient, safe, and satisfying. Read More>>Center setup and Expansion Amazon announces new robotics fulfillment center plus five new delivery stations in Florida Employees at the fulfillment center will pick, pack and ship small items, such as books, electronics, and toys, to customers. The total investments are valued at about USD 18 Mn. Read More>>
Latest Industry Insights from Draup Braindesk
AR & VR Solutions are being used in the Retail Industry, which allows the retailers to deliver customers personalized experiences
Poplar Studio collaborated with Raydiant to provide an in-location experiences platform with try-on technology
Gucci collaborated with Snapchat to launch AR shoe try-on Lenses on the social media platform
T-ROC collaborated with Seek to provide web-based Augmented Reality (AR) experiences in 3D and AR to T-touchless ROC’s customer web-based AR engagement and sales solution.
Companies are using digital twin, virtual factory, and advanced analytics to standardize and accelerate workflows and thereby optimize the plant operations
Unilever and Microsoft collaborated on a project to make operations more efficient by creating a “digital twin” of the inner workings that uses AI and other analytics. It uses data that flow from the IoT, devices embedded in objects, including factory equipment, and uses advanced analytics to map out the best operational conditions.
L’Oréal has adopted AMFG’s MES software as a means of streamlining prototyping at its ‘3DLab’ facility. By combining the platform’s pricing, data visualization, and automated ordering tools, it is able to standardize and accelerate lengthy, manual and inefficient production workflow.
Nestlé is expanding the use of augmented reality technology to provide remote support to its production and R&D sites and to connect with suppliers using tools such as remote desktop, smart glasses, 360-degree cameras and 3D software; specialists can advise on complex tasks without needing to travel to the site
PLM aim to pave the way for constant innovation in the products by gaining data visibility using IoT
P&G is using Dassault Systemes’ 3DExperience platform. It deploys Perfect Product and Perfect Package solutions to help connect thousands of users to data, colleagues, and consumers.
Mondelēz International is partnering with Sopheon to transform its innovation and commercialization processes and portfolios. The partnership is to develop an accelerated deployment program that will enable Mondelēz to go live with Sopheon’s SaaS-based Accolade platform and replace two global legacy systems.
Tyson Foods used Oracle PLM to automate product reviews and approvals, improve the quality of supplier data and the traceability of ingredients, enhance supply chain contingency planning thereby connecting people, processes and information in a single system, improving visibility into product data, reduce errors involved in data rekeying.
Key Funding Alert
Quick-delivery retail startup Jokr raises USD 170 million from investors
By acting as a retailer rather than a marketplace, Jokr can order more merchandise directly – cutting out middlemen and achieving strong margins that mean its earliest locations are already breaking even on a fully-loaded cost basis. Read More>>
Company – Obsess Total Funding – USD 13.49 Mn About: Obsess is reinventing the e-commerce experience on mobile to make it visual, interactive and contextual. The Obsess cloud platform enables brands and retailers to run highly engaging and branded online virtual stores on their sites. Read More>>
Latest Reports Published in Draup
Analysis on FMCG/CPG and Food & Beverage: Consumer goods companies are digitizing to focus on the major business intentions to achieve leadership in supply chain and manufacturing. Read More>>
Macy’s Account Intelligence Report: With the focus on digital payment solutions, Macy’s partnered with Klarna to offer seamless alternative payment solutions to customers with financial control and convenience. Read More>>
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