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.
200…Purina has partnered with Perch to launch an in-store product engagement platform at 200 supermarket locations in the US midwest.
Tapping Perch’s “lift-and-learn” technology, interactive end caps in the pet section incorporate a digital screen that automatically senses what products shoppers touch to respond with videos and information about said products.
820,000…Amazon has announced plans to open its second robotics fulfilment centre in the US state of Louisiana.
In the 820,000 square foot facility, which will be situated in Baton Rouge, Amazon employees will pick, pack, and ship smaller customer items such as books, toys, electronics and other household items.
$100 million…Delivery and fulfilment cloud platform provider, Bringg, has closed a $100 million Series E round led by Insight Partners.
3…Electrical retailer, Currys PC World, has launched three interactive ShopLive Live Broadcast events, in partnership with Tefal Garment Care, Google Nest and Google Pixel.
Hosted on the ShopLive Live section of its website, customers will have access to on-demand product guidance and top tech tips and an exclusive discount, all from the comfort of their homes.
13…Boohoo Group has deployed the AI powered Bloomreach Engagement customer data and experience platform across its 13 online brands, including boohoo, PrettyLittleThing, and Debenhams.
1…Amazon’s cashierless Just Walk Out technology is now available in a full size grocery store for the first time.
A new 25,000 square foot Amazon Fresh store lines up alongside the 10,400 square foot Amazon Go Grocery that debuted last year, and the standard 1,200 and 2,300 square feet Go locations.
It will be Amazon’s 14th Fresh location in the US when it opens tomorrow in Bellevue, Washington.
$400 million and $30 million…EBANX, a cross-border commerce platform in Latin America, has announced an investment of $400 million from Advent International and an additional commitment of $30 million to its planned IPO in the US.
21…Buy now pay later big hitter Klarna has launched a comparison shopping service (CSS) in 21 markets across Europe.
74% of European consumers have no intention to significantly reduce their online shopping now that they can revisit the high street, according to research from PayTech venture Checkout.com.
30…The Very Group, operator of online retailers Very.co.uk and Littlewoods.com, is set to create 30 new roles as part of the UK government’s Kickstart scheme.
$4 million...Yellowpop, a brand that specialises in LED neon signs, has closed its first ever funding round, pulling in $4 million.
$200 million and $4 billion…BrowserStack, a website testing platform for DevOps teams, has secured $200 million in Series B funding at a $4 billion valuation.
£150.6 million…Ideal Shopping Direct, a UK multi-channel home shopping retailer and owner of the Create and Craft and Ideal World TV channels, notched up record sales in 2020 of £150.6 million.
This was an increase of 16.1% year on year, with pre-tax profits of £8 million, compared with £2.2 million during the previous year.
€9 million…E-commerce venture Scurri has announced a €9 million investment as it looks to accelerate growth in the UK market.
$995 billion…Global spending via e-commerce buy now pay later services will reach $995 billion in 2026, from $266 billion in 2021, according to Juniper Research.
This will be fuelled by a greater appetite from users for credit to spread costs, particularly in the wake of the coronavirus pandemic.
€200 million…Danish furniture and home furnishings retailer Jysk is investing €200 million in a new distribution centre in Lelystad, Holland.
Construction will be begin in spring 2022, creating more than 350 new jobs once the facility is fully operational.
This will be Jysk’s tenth European DC (it recently opened the ninth one in Escer, Hungary).
75,000…Simbe Robotics says that its retail intelligence robot Tally has completed over 75,000 miles of operation in-stores.
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