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. Including Asda, Mirakl, Hai Robotics, Sainsbury’s and JD.com.
5…US retailer Hy-Vee has partnered with Simbe Robotics to roll-out its autonomous inventory management and retail intelligence solution, Tally, to five stores across Iowa, Nebraska and Missouri.
€10 million…Mytraffic, a startup that specialises in data insights for physical places, has raised €10 million with Alven as lead investor, alongside Kernel, participating as an existing backer.
The company will use the funds to develop its product features and accelerate its growth in the UK, as well as France, Netherlands, Belgium, Germany, Italy and Spain.
$200 million…China-based warehouse robotics startup, Hai Robotics, has raised $200 million.
$12 million and $20 million…US-based startup Flieber has raised $12 million in a Series A round to continue developing its online inventory optimisation platform.
This was co-led by GGV Capital and Monashees. It brings Flieber’s total funding to $20 million since launching in 2019.
340…Uber Eats says that it is stepping up its battle for the UK everyday grocery delivery market by adding more than 340 Shell forecourt stores across the country to its platform.
Shell stores were previously on the Deliveroo platform, so it’s a big win for Uber Eats in a space that is red hot right now.
250 and 100…Sainsbury’s has relaunched its same day home delivery service, having shelved it during the coronavirus outbreak. The grocery giant operates this from more than 250 UK stores.
Customers who order before midday can chose a post 5pm delivery slot or a collection from their local store after 4pm. Plans are afoot to expand this to a further 100 stores by the end of October.
£2.2 million…UK-based online marketplace and tech startup, Boulevard, has closed a £2.2 million seed investment from early and growth stage VC, Fuel Ventures.
$555 million and $3.5 billion…Mirakl, a French online marketplaces startup, has announced a $555 million Series E funding round, led by Silver Lake.
The values the nine-year-old venture at roughly $3.5 billion, up from its $1.5 billion valuation in a fundraise in September 2020.
81%…UK debit and credit card transactions surpassed four in every five pounds spent in 2020 (81%, up from 78% in 2019), according to research by the British Retail Consortium.
The Covid pandemic and digital shift mean that cash use now accounts for just 15% of total spending in retail (down from 20% in 2019), though it still accounts for 30% of individual transactions.
50…Retail operating system specialist Brightpearl has put together a list of the 50 fastest growing UK e-commerce brands of the Covid pandemic era, with Swansea-based luxury alcohol brand, Au Vodka, coming out on top.
15%…Footwear brand, Dubarry of Ireland, has consolidated its global online payment infrastructure to Adyen’s single platform.
It says that integrating Adyen acquiring has improved its authorisation rates by up to 15%, and its shoppers can now enjoy a seamless and localised checkout experience.
£860,000…Swapi, a new UK-based loyalty e-wallet platform, has closed a funding round at £860,000, ahead of its launch next month.
12…Asda has partnered with startup Wayve to test out autonomous vans as part of the grocery giant’s last mile operation.
The trial will begin in early 2022 and Asda will be the first to commercially test the solution, using Wayve’s deep learning expertise to help navigate complex delivery routes in London.
The vans will operate under the supervision of a Wayve safety driver throughout the 12-month trial.
12…Jisp has launched an augmented reality vouchering system, Scan & Save, for brands, independent retailers and their customers.
The solution will initially be deployed in 12 Nisa stores across the UK and will allow customers to exclusively save up to 60% on more than 65 products from the likes of Mondelez, PepsiCo, Kelloggs, Molson Coors and Nomad Foods.
42,000…Chinese e-commerce giant JD.com has launched a new JD MALL brand, an upgraded version of its E-Space omnichannel retail experience store.
This will make its debut in Xi’an on 30th September.
With an area of 42,000 square metres across five floors, the aim is to offer an immersive experience through 200,000 items from over 150 domestic and international brands.
Consumers are able to place orders through the official WeChat Mini Program by scanning QR codes on each of the items, and JD will handle the last mile delivery side of things.
