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SPAR enters partnership with Clear Box Retail to elevate sales and enhance customer experience

Key Signals in Retail and Consumer Goods

Centre setup and Expansion
PepsiCo injecting USD 260 Mn into plant expansion 
The investment is expected to create a minimum of 136 new full-time jobs. The Tucker plant will become one of the most extensive manufacturing facilities in the firm’s network when the project reaches completion. Read More>>
Nestle to open plant-based coffee creamer factory in Arizona 
The company announced that the factory would employ more than 350 people in Glendale. The plans for Arizona are fueled by a rapid rise in consumer demand for plant-based products. Read More>>
Reliance Industries announces the opening of the Jio World Mall 
The first-of-its-kind destination in India, the Jio World Centre includes a cultural center, a musical fountain, an upscale retail experience, a curated selection of cafés and fine dining restaurants, serviced apartments, and offices, and a state-of-the-art convention facility. Read More>>
Deals
Coca-Cola Bottling Co taps Zenoss for AI-driven full-stack monitoring 
The second-largest Coca-Cola bottler in the United States has selected the solution to modernize their IT telecom data infrastructure and ensure the highest levels of customer service. Read More>>
Partnerships
Walmart adds software firm for deliveries 
The company partnered with Delivery Solutions provides retailers with e-commerce technology that powers online ordering and checkout. The company’s software then analyzes several fulfillment criteria and selects a company to deliver that order to the customer. Read More>>
National Student Esports extends Monster Energy partnership  
The extension of the partnership will see the return of the NSE Unleashed, a social media initiative that sees students posting Monster Energy-related creative content across their social channels for a chance to win prizes. Read More>>
SPAR Group announces a global partnership with Clear Box Retail 
As SPAR continues to innovate and look for companies that provide unique value to clients, Clear Box Retail stands out as a data-driven strategic technology platform provider. Read More>>
Mergers and Acquisitions
Dainese acquired by investment firm Carlyle 
Following the purchase, Carlyle aims to grow the brand internationally with a particular focus on the USA and China as well as Dainese’s direct-to-consumer presence. Read More>>
Loblaw acquires Lifemark Health Group for USD 845 Mn in cash  
The acquisition of Lifemark adds to Loblaw’s growing role as a healthcare service provider, with a network of health and wellness solutions accessible in-person and digitally. Read More>>
Executive Movement
Ornua Foods appoints Kerry Alexander as brands director 
Alexander will be focused on growing and developing the supplier’s major consumer brands, including Pilgrims Choice cheese and Kerrygold butter, through multichannel advertising and investment in marketing and shopper activities. Read More>>
Angelique Strong Marks named chief legal officer at Cars.com  
Marks brings more than 25 years of in-house experience dealing with M&As, financing, and governance functions for national and global companies in manufacturing and retail. Read More>>

Latest Industry Insights from Draup Braindesk

Key Workloads 
  • Development of report required by business, Performance on Business Process Managers and Super users in all SAP related matters. 
  • Creation of customer master, material master and customer master information record. 
  • Creation of database links. 
  • MPLS Installation and troubleshooting. 
  • Performance of database migrations across platforms. 
  • Preparation of design basis, Piping Material Specification & Valve Material Specification, technical specifications for valves, bulk and specialty piping items, material requisitions. 
  • Preparation of money requisition; Preparation of TDS statement on monthly basis. 
  • Implementation of erection, projects, and utility of material handling equipment.  

Key Funding Alert

BigBasket valuation may touch USD 4-5 Bn as sales rise  
The steep rise in BigBasket’s valuation comes when its parent Tata Digital has held early-stage discussions with marquee global investors to raise new capital for its e-commerce venture. It also comes amidst the waiting for the much-hyped Tata Neu super-app that is yet to be launched. Read More>>

Startup Spotlight

Company – MilkRun
Total Funding – USD 83.45 Mn
About: MilkRun provides an online retail channel for small and mid-sized producers to engage directly with their customers, orchestrating the direct sale, distribution, and fulfillment of locally grown and made goods. Read More>>
Latest Reports Published in Draup
Beiersdorf AG Account Intelligence Report: 
Beiersdorf focuses on an AI-based web app that learns active ingredients needed by the user and receives personal product recommendations and skincare tips tailored to their needs by analyzing the user’s picture. Read More>>
Sysco Account Intelligence Report: Sysco is keen on developing experience by providing quality service and other supplies to a wide range of customers from restaurants, hospitals, universities, clubs, and corporate dining clients, grocery stores, and wholesalers. Read More>>
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