RTIH presents the retail technology week in numbers
Do you like numbers? Do you like retail systems news? Then this is the article for you.
$40 million...German parcel delivery platform startup Seven Senders has announced a Series C financing round of $40 million led by Digital+ Partners and also involving btov.
3…Amazon has opened an Amazon Fresh location in White City, London.
It’s the third such convenience store to feature Just Walk Out Shopping tech in the UK, which was pioneered at the Amazon Go offering in the States.
1…Kroger has introduced its first customer fulfilment centre, powered by the Ocado Smart Platform.
This is the result of an exclusive Kroger and Ocado partnership, signed in 2018. The CFC is located in Monroe, OH, a city north of Cincinnati.
$4 million…Australian retail systems company, Marketplacer, has secured new funding ($4 million) from Salesforce Ventures to help accelerate North American expansion.
The platform-as-a-service venture, which was established in 2016, builds online marketplaces, with clients including Myer, BikeExchange, Metcash, FishBrain, Nokia, Surfstitch, Petstock, Providoor and Bob Jane T-Marts.
$12 million...Klevu, a provider of AI powered search technology for e-commerce sites, has closed a $12 million Series A round.
This was led by Alfvén & Didrikson, with participation from initial investors EVLI Growth Partners, Jerry Pruttz Holding and Jonas Dromberg.
62% of Brits say a retailer’s ethics are more important to them now, as a result of the coronavirus pandemic, according to research by payments big hitter Adyen.
437,000…XPO Logistics has snagged a contract to manage a new fulfilment centre in Lichfield Staffordshire for online fashion retailer Asos.
The 437,000 square foot DC at Fradley Park is expected to commence operations in August, creating about 2,000 new jobs over the next three years.
£825 million…Tesco has issued its 2020/21 preliminary results, with the grocery giant notching up £825 million in pre-tax profits, down from £1,028 million in the previous year.
$240 million…German e-commerce venture Berlin Brands Group has raised $240 million in debt financing to fund acquisitions of companies selling on Amazon.
Unicredit, Deutsche Bank and Commerzbank were part of the banking consortium that extended the loan.
10 million…X5 Retail Group’s Perekrestok supermarket chain has launched a large scale implementation of a Green Dot labelling system for monitoring product freshness.
Ten million labels will be placed on items from the X5 Smart Kitchen assortment of ready-to-eat and ready-to-cook foods.
Russia’s X5 says that it is the largest roll-out of this technology in Europe.
$1.34 billion…E-commerce fraud protection specialist, Signifyd, has announced a $205 million Series E funding round led by Owl Rock Capital.
The investment values the company at $1.34 billion as it looks to expand its Commerce Protection Platform and identity growth globally, across digital shopping and payments.
701…Cleveron has unveiled an unmanned semi-autonomous last mile delivery vehicle, the Cleveron 701.
It has been piloting the solution for the last six months in Estonia and says it will begin mass production in 2023.
£250,000…White label engagement platform, Loyalize, has raised £250,000 in pre-seed funding as it ramps up product development and works towards a larger round later this year.
60%…With restrictions on essential retailers lifting this past week, 60% of UK consumers plan to hit the high street once more, according to new research from Emarsys and IMRG.
The pair surveyed more than 1,000 people and also found that 16% will be going shopping more now than before the coronavirus pandemic.
$3 million…Sustainable shopping startup EcoCart has raised $3 million in seed funding led by Base10 Partners' Chris Zeoli.
6…Home and garden retailer Homebase has announced a tie up with Next.
Six of its garden centres have opened in Next stores in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield, which coincided with non-essential stores returning to action.
£500 million…Fast fashion pureplay Asos is looking to raise £500 million for a global expansion push.
It is planning to offer a tranche of convertible bonds, which would provide it with “additional flexibility to continue to invest” in its global growth strategy.
The move would also help to refinance its February acquisition of Arcadia brands including Topshop.
68.7%…UK footfall crept up on high streets and shopping centres during March as warmer weather coincided with the end of the government’s ‘stay at home’ coronavirus requirements.
According to research from the BRC and Sensormatic, with the UK still in lockdown, total footfall decreased by 68.7% in March (Yo2Y), with only a 4.9 percentage point improvement from February.
This is above the three month average decline of 72.3%.
