Walmart taps Canoo’s LDVs to enable sustainable delivery of online orders

Key Signals in Retail and Consumer Goods

Centre setup and Expansion
Nike to open its latest retail concept in Seoul, South Korea 
US-based sports apparel brand Nike is set to launch its latest retail concept, Nike Style, with the first store due to open in South Korea. The Nike Style outlet will have a content studio with customizable backdrops where local creatives, product experts, and shoppers can create content for social media. Read More>>
Conagra Brands opens state-of-the-art vegetable processing facility 
The new 245,000-sq-ft facility, which processes fresh vegetables to support Conagra’s frozen meals business and Birds Eye brand, was built to maximize automation to create greater efficiencies and enhance food safety. Read More>>
Iberdrola to supply 590 MW of solar power to PepsiCo’s facilities in Spain and Portugal  
The agreement aims to establish a sustainable framework of operations that would help both companies transition to clean energy. The 590 MW plant will help prevent 150,000 tons of CO2 emissions per year and generate the equivalent of the energy required to supply 334,000 homes annually. Read More>>
Walmart orders 4,500 electric delivery vans from Canoo 
The retail giant will be the first company to take delivery of the new all-electric vehicles. It will be using them to deliver online orders next year as part of its goal to achieve zero emissions by 2040. Read More>>
Mergers and Acquisitions
Paper distributor Antalis to acquire Cohal group in Spain 
French paper wholesaler Antalis has announced the takeover of Cohal, a leading supplier in the Spanish self‐adhesive labels and packaging products distribution markets. Through this takeover, Antalis wants to reinforce its presence in the Iberian market  Read More>>
BNPL provider Afterpay partners with Sephora 
Sephora is set to join the growing number of retailers introducing the flexible “Buy Now, Pay Later” service to their platform in a new partnership between Afterpay and the beauty retailer. The omnichannel platform will now allow customers to pay in four instalments when shopping through Sephoras website in the US, building on its goal of making beauty essentials more accessible. Read More>>
Pilot Flying J partners with Kraft Heinz for National Hot Dog Day  
Through the partnership, the chain will be offering a summer-themed giveaway, a BOGO deal, and special appearances of the iconic Oscar Mayer Wienermobile. The promotion will be offered at all participating Pilot and Flying J locations. Read More>>
Executive Movement
Lowe’s India Appoints Manasvi Sharma as Vice President Omni-Channel Platforms  
In this role, Manasvi will be part of the global technology leadership team at Lowe’s and be responsible for building technology products to support the omnichannel strategy. Read More>>
Nestle appoints Luke Gomes as the new MD  
Luke Gomes will be working as the new cluster head for the Greater Zambezi region, one of three clusters within Nestle’s east and southern Africa region. The cluster covers Zimbabwe, Zambia, Malawi, Mozambique, and Madagascar, and in his new role, Gomes will be based in Harare and assume the managing director role for Nestle Zimbabwe. Read More>>

Latest Industry Insights from Draup Braindesk

Product Engineering Services, Consulting & System Integration, and Reporting & Analytics contribute to 90% of the total outsourcing segments 

Product Engineering Services
  • Creation of Panel & Electrical parts, Cabin Equipment. 
  • Development of frame on top of the LMRP bumper structure and LMRP platform. 
  • Creation of wrap for total software documentation to hand over the software test for VITROS PRODUCTS. 
  • Development and implementation of various Test cases as per the business requirement. 
  • Development and Testing (White Box Testing, Black Box, System Testing, Unit Testing) for FMS (Flight Management System) and D&G (Displays and Graphics).
Consulting & System Integration
  • Development of appropriate methods, techniques, and evaluation criteria to resolve complex engineering issues. 
  • Maintenance of project scope and objectives involves all relevant stakeholders and ensures technical feasibility. 
  • Interaction and coordination with the different departments to find out easy solutions. 
  • Performance of Continuous communication and coordination with the Pratt & Whitney Engineers to understand the customer requirements.  
  • Maintenance of email notifications and inbound email actions.   
Reporting & Analytics
  • Development of reports in Microsoft Power BI. 
  • Analysis of data checked for duplicate entries & errors. 
  • Creation of mappings using Informatica Designer to build business rules to load data and enhance performance. 
  • Creation of Process documents based on XCEL ongoing Activities to streamline the various process.  
  • Development of visualization dashboard in Power BI and maintaining business intelligence Reports. Creation of Dashboards style of reports using Power Bi Desktop Visualizations like Bar Chart, Line Chart, Area Chart, and Slicer. 

Key Funding Alert

Gordon Food Service invests in USD 595Mn food and retail VC fund  
The company is among the returning investors in a Chicago-based venture capital fund that invests in the food and retail industries. In addition to Gordon Foods, other returning investors included Marriott International Inc., Kuwait-based multinational retail franchise operator Alshaya Group, and Mexico City-based restaurant operator Alsea S.A.B. de C.V. Read More>>

Startup Spotlight

Company – Eclipse Foods
Total Funding – USD 55.65 Mn
About: Eclipse Foods makes plant-based dairy products indistinguishable in flavor, texture, and functionality from conventional dairy. Eclipse’s patent-pending dairy platform recreates micelles from plants to create 100% plant-based and non-GMO dairy products that win over mainstream consumers. Read More>>

Latest Reports Published in Draup

Agilent Technologies, Inc Account Intelligence Report: Agilent Technologies focuses on developing analytical scientists’ and clinical researchers’ scientific and laboratory management needs. It also focuses on creating fundamental improvements in the performance and applications of mass spectrometry and data analysis. Read More>>
KPIT Technologies Account Intelligence Report: KPIT Technologies aims to improve products and solutions for developing autonomous vehicle systems and strengthen its business portfolio to help manufacturers with intelligence solutions. Read More>>
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