JCDecaux and Carrefour Group Brazil offer data-driven Digital Retail Media
Key Signals in Retail and Consumer Goods
Deals Brenntag expands distribution agreement with Kao Chemicals Europe to all Nordic countries The expanded distribution agreement between Brenntag and Kao Chemicals Europe will provide customers in the Nordics with access to a comprehensive portfolio of high-quality cosmetic ingredients. Read More>> JCDecaux signs a contract with Carrefour Group Brazil to bring the best of Digital Out-of-Home (DOOH) to Retail Media The DOOH Retail Media offering uses data analytics to enhance the customer journey. This will see 300 new screens installed across 90 hypermarkets in Brazil’s major cities. The partnership will also strengthen JCDecaux’s presence in Brazil, connecting brands to areas contributing most to the country’s national GDP. Read More>> Blue Star Foods announce a supply agreement with Just Food for Dogs for up to USD 4 Mn annually which involves supplying premium crab meat The agreement suggests a long-term partnership between the companies, with increased shipments indicating growing demand for high-quality pet food. Read More>>Partnerships PetroCanada and Canadian Tire announce partnership to enhance customer experience at Fuel Stations The collaboration will see Canadian Tire and Petro-Canada working together to install EV fast-charging stations at select Canadian Tire locations. The goal is to make EV charging more accessible to Canadians. Read More>> Performance Food Group pilots electric refrigerated trucks with Navistar, Great Dane, and Carrier Transicold Performance Food Group, Navistar, Great Dane, and Carrier Transicold team up for a commercial evaluation program using all-electric refrigeration technology in California, complying with new zero-emissions regulations. The technology will be featured at the upcoming ACT Expo in May. Read More>> India’s Infosys teams up with Walmart Commerce Technologies Infosys partners with Walmart Commerce Technologies to help retailers use Store Assist, which provides seamless omnichannel experiences for customers and employees. Infosys’ consumer and retail-focused practice has been aiding retailers in digital transformation for three decades, transforming them into sentient enterprises. Read More>>Centre Setup and Expansion Flipkart opens a fulfilment center in Sangareddy Through this, Flipkart is expanding its footprint in the state to support the delivery and logistics of a wide range of product categories from thousands of local sellers and MSMEs. This move further strengthens Flipkart’s commitment to empowering local businesses and making e-commerce more accessible. Read More>> Aldi plans to open 120 new stores in the US in 2023, bringing the total number of locations to over 2,400 by year-end The company has already opened 35 stores in Q1, attracting 5.3 million new customers. Aldi plans to add 2,000 new employees and is seeing increased demand due to low-cost and inflationary pressures. Read More>>Mergers and Acquisitions Grupo Bimbo acquires Canadian business Natural Bakery The purchase expands Grupo Bimbo’s presence in Canada and strengthens its commitment to sustainability. Natural Bakery’s products include organic and non-GMO bread, as well as gluten-free and vegan options. Read More>> Canada GMS Inc. announces the acquisition of Home Lumber and Building Supplies Acquiring Jawl Lumber allows GMS to expand its portfolio of specialty building products and services, as well as increase its presence in the Vancouver Island market. Read More>>Financial and Market Activity Redfin Reports First Quarter 2023 Financial Results Redfin Corporation announced results for its first quarter ended March 31, 2023. The first quarter revenue was USD 325.7 million, a decrease of 45% compared to the first quarter of 2022. The net loss was USD 60.8 million, compared to a net loss of USD 90.8 million in the first quarter of 2022. Read More>>
Latest Industry Insights from Draup Braindesk
Online Shopping Experience
Sobeys intends to enhance its online application to provide customers with a variety of products and improved service to fulfill customer demands.
The company offers buyers a wide selection of products that contain groceries, medicines, fresh farm products, and kitchen appliances to provide end-to-end solutions for customers.
Innovative Technology Enhancement
Sobeys is keen on deploying innovative technology to improve its business capabilities and online purchasing solutions from sellers to buyers.
By leveraging the retail platform, Sobeys allows the customer to search for and order products and able to schedule the products for delivery whenever they need.
With the help of a mobile application and website, Sobeys allows the customer to experience in-store facility support or product pickup and delivery.
Digital eCommerce Services
Sobeys focuses on digital eCommerce services to provide quality and authenticated product delivery for the customer. It ensures safe delivery to customers on their online orders like groceries, medicines, and other materials.
The company utilizes a smart retail platform, mobile application, and website services to authenticate materials validation and inspect the material quality to enrich its business capability and maintain a relationship between seller and buyers by providing an exact item.
Service Providers with rich expertise in Digital eCommerce Services would be apt to serve Sobeys with the best solutions.
Key Funding Alert
Heineken Serbia invests USD 17.5 Mn in Novi Sad brewery
The investment aims to increase production capacity and introduce new sustainable technologies in the production process. This move is part of Heineken Serbia’s ongoing expansion in the country. Read More>>
Startup Spotlight
Company – Smyle Total Funding – USD 1.07 Mn About: Smyle offers toothpaste tabs, among other things, without using plastic tubes, microplastics, and other chemicals. Read More>>
Latest Reports Published in Draup
S. C. Johnson & Son, Inc. – Account Intelligence Report:
S. C. Johnson & Son focuses on plastic recycling management through strong technology base solutions that provide innovative and superior products & services. Read More>>
Kimberly-Clark Account Intelligence Report:
Kimberly-Clark focuses on designing innovative products with a circularity that eliminates unnecessary plastic and recycling rates and saves cleaning professionals time. Read More>>
Molson Coors Beverage Company Account Intelligence Report:
Molson Coors Beverage focuses on developing digital products to achieve the best results in a market, such as customer satisfaction and sales. Read More>>
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