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Amazon unveils upgraded devices with Gen AI-Powered features

Key Signals in Retail and Consumer Goods

Partnerships
Avon enters Retail partnership with Superdrug
Avon partners with Superdrug to offer over 150 beauty products in UK stores from mid-October, marking Avon’s move from door-to-door sales to retail. Some items will also be available online. This collaboration aligns with Avon’s omnichannel beauty strategy. Read More>>
Century Pacific partners with Woolworths
Century to introduce its plant-based unMEAT brand in Australia, catering to the rising demand for healthier and planet-friendly food choices, as around 33% of Australians are reducing their meat consumption. Read More>>


Centre Setup and Expansion
Lidl opens its largest warehouse in the world
Lidl GB opens its largest global warehouse in Houghton Regis, Luton, enhancing its distribution capabilities and creating up to 1,500 jobs. The facility integrates sustainability measures and automation, supporting Lidl’s expansion and commitment to growth. Read More>>
H-E-B to construct Rockwall store at John King Blvd. and I-30
H-E-B is expanding its presence in the Dallas-Fort Worth region, with a new store planned for Rockwall at John King Blvd. and Interstate 30, expected to open in 2025. H-E-B stores typically employ around 700 people. Read More>>


Merger and Acquisition
Secret Sales acquire Spanish retailer Dreivip as a part of its European expansion
The move will see Dreivip’s site co-branded with Secret Sales from October, offering around 450 fashion brands, with 70 more Spanish brands and retailers to come. Read More>>


Executive Movements
HEINEKEN appoints Will Rice as On-Trade Sales Director
With his extensive experience within the company since 2013, Rice will focus on growing the On Trade business and supporting HEINEKEN’s DE&I initiatives. Read More>>
Five Below adds Genesco’s CEO to the Board
Five Below Inc. has appointed Mimi Vaughn, currently President, CEO, and Chair of the Board of Genesco Inc., as an independent member of its Board of Directors. Vaughn brings more than 20 years of specialty retail leadership experience, including roles in strategy, finance, and operations. Read More>>


Mass Hiring
Currys has more than 1,100 jobs on offer ahead of busiest time
Currys is set to create more than 1,100 jobs, including 720 temporary positions across the UK and Ireland stores, 370 permanent roles, and 120 driver positions. This hiring initiative is aimed at supporting the company during the busy season leading up to Black Friday and the January sales. Read More>>


New Product Development and Product Launch
Amazon unveils upgraded devices with Gen AI-powered features
Amazon launched upgraded Echo devices like Echo Show 8 for faster Alexa responses and Echo Hub for smart home management. Fire TV updates include conversational voice search, and eero Max 7 promises faster Wi-Fi, aligning with consumer preference for efficient voice technology. Read More>>
Carrera ‘Smart’ Glasses set for US launch by Safilo and Amazon
Safilo and Amazon launched Carrera-branded “smart” glasses in the US utilizing Alexa technology. The glasses offer up to six hours of media playback or talk time, directing sound effectively to the wearer’s ears while maintaining privacy. Read More>>

Latest Industry Insights from Draup Braindesk

Opulent Retail Transformation
  • Hudson’s Bay focuses on expansion, customer-centricity, cultural responsibility, and technology modernization, alongside prioritizing luxury experiences to foster customer loyalty and fuel growth.     
  • The company provides a superior shopping experience, with a strong emphasis on customer satisfaction, encompassing personalized recommendations and seamless cross-platform shopping to enhance the overall retail journey.       
  • The company leverages modernizing technology as a top priority, capitalizing on digital trends like e-commerce, mobile apps, and data analytics to engage customers and elevate online shopping.       
  • The company provides opulent transportation services tailored to travelers seeking a refined and glamorous experience, infusing an element of exclusivity and sophistication into its brand.
Tech-Driven Retail
  • Hudson’s Bay focuses on utilizing advanced technology to elevate the shopping experience for customers by creating unique omnichannel interactions and optimizing digital operations to exceed customer expectations.     
  • The company provides automated systems to generate sales reports, enhancing the precision and efficiency of sales data validation, ensuring the dependability of distribution, and simplifying the reporting procedure.      
  • The company offers curbside pickup services to offer customers a convenient and secure option for order pickup, returns, and adjusted store hours.     
  • Service providers with rich expertise in providing Tech-Driven Retail would be able to serve Hudson’s Bay with better solutions.


Key Funding Alert

Britvic invests USD 6.3 Mn in Ballygowan facility in County Limerick
The company is increasing production by 20% to meet rising consumer demand for Ballygowan mineral water. The investment supports the creation of 28 new manufacturing jobs locally. The company emphasizes sustainability, aiming to achieve net-zero emissions at the site by 2025 and reducing carbon footprint by over 92%. Read More>>

Startup Spotlight

Company –  Senbird Tea
Total Funding – USD 5 K
About: Senbird brings you the finest tea from local farms across Japan. Their farmers utilize traditional growing and harvesting methods to produce premium and organic loose-leaf tea in small batches. It also carries a collection of authentic handcrafted teaware and tea accessories. Senbird has headquarters in the Greater New York City Area, United States. Read More>>

Latest Reports Published in Draup

Neiman Marcus Group, Inc. Account Intelligence Report
Neiman Marcus is improving data and technology to provide a personalized shopping experience for each customer, like recommending products based on previous purchases, sending targeted emails and providing concierge services. Read More>>

Here’s what’s new on our Sales Intelligence Platform
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