Fresh looks and new beginnings: RTIH’s biggest retail technology articles on LinkedIn right now
We’re big fans of LinkedIn and are busy building an amazing community of retail tech enthusiasts on the social media platform. These are the articles that are currently on their radars, including IKI, Pixevia, ClearSale, Whizz, Obsess, and Mangopay.
IKI taps Pixevia tech for second cashierless, autonomous convenience store in Lithuania
IKI, the second biggest supermarket chain in Lithuania, has opened its second cashierless convenience store in Vilnius, following a pilot using technology from Pixevia.
The IKI Express 24/7 store is located on the landmark White Bridge in Vilnius that connects the old town to the main business district.
Part of REWE Group, IKI plans to have up to four autonomous stores in operation across Lithuania by the end of 2023.
With Pixevia’s technology, customers tap a payment card, phone or watch wallet, or a retailer’s mobile app at the store doors to enter.
They can pick items up and put them back with no need for any scanning. Inputs from shelf sensors and camera video streams are inputted into Pixevia’s AI platform, which determines exactly what each customer has selected.
It presents the entire list of items to customers in real-time, allowing them to pay with another tap of a card before leaving. The shopper gets a receipt before they depart.
Pixevia’s platform also alerts employees automatically about any goods that need replenishing on the shelves, and predicts the need to reorder stock.
Comment: It’s time to take a fresh look at your marketplace retail strategy
E-commerce strategy discussions tend to focus on web, mobile, and emerging social commerce channels, but marketplaces are maturing to the point where retailers and brands should take a new look at the channel, argues Rafael Lourenco, EVP and Partner at ClearSale.
Payments progress and metaverse misfires: Here are March’s most clicked RTIH retail tech articles
These are the RTIH retail systems articles that caught your fancy during March, including The Trade Desk, Ocado, Ikea, Stuart, Sensei, Walmart, and OnBuy.
Free Soul, HUX Health, Misfits Health tap bodo rapid, sustainable online delivery solution
UK supplement brands Free Soul, HUX Health and Misfits Health have partnered with one-hour and same-day delivery startup bodo.
Starring Panera, Amazon, Tesco, and Ikea: March’s biggest retail technology plays at a glance
RTIH rounds up the stand out retail systems deals, deployments and pilots from March, including American Eagle Outfitters, RADAR, Tommy Hilfiger, Emperia, Nando’s, and Karakuri.
Last mile delivery specialist Whizz raises $3.4 million for e-bike rental platform
Whizz, an e-bike subscription platform for last mile delivery drivers, has raised $3.4 million from Joint Journey, TMT Investments and a group of angel investors in a seed round of funding.
This brings its total fundraising to date to $4.5 million.
The cash will be used to fuel the company’s growth; upgrade the Whizz Automation Platform, its ERP system for business process automation; and set up new locations in New York equipped with lounge zones, bike maintenance and repair stations, and overnight storage facilities.
Mangopay reigns in Spain as it is chosen by Perfume's Club to manage marketplace seller funds
Beauty retailer, Perfume's Club, has selected payment infrastructure provider Mangopay to manage seller funds for its marketplace, which has been live since 2022.
Retail technology influencer Andrew Busby departs Software AG, gears up for RTS 2023 in London
Andrew Busby has left Software AG where he served as Global Retail Lead, joining the company in 2022.
In a LinkedIn post, he said: “To all of you in my network, I'm sure you will be aware of the recent headcount reductions at the likes of Google, Microsoft, Salesforce, AWS to name a few. It seems that the technology space is undergoing something of an evolution right now.”
“You may have noticed that my LinkedIn profile has recently been updated - yes, I was also caught up - my role as Global Retail Lead at Software AG being a casualty. I thoroughly enjoyed my time there and had the pleasure of meeting some great people; I wish them every success.”
He added: “After taking stock, I am now on the look out for my next opportunity within the retail industry. Always a slightly unnerving but nevertheless exciting time in equal measures.”
Busby is Founder of analyst organisation Retail Reflections, and a member of the RTIH Top 100 Retail Technology Influencers List.
Obsess launches virtual store builder, enabling brands to create and customise 3D e-commerce experiences
Obsess has announced the launch of AVA by Obsess, pitched as a first of its kind, self-serve solution that enables brand teams to build and customise virtual stores themselves.
The content management system (CMS) leverages proprietary 3D editing and rendering technology that enables companies to add and place products, embed rich media content, and customise merchandising and styling in virtual stores.
‘Take life by the hand and own it’: Five retail technology questions for Catalina UK’s Prem Patel
RTIH asks major players in the retail technology space for their thoughts on the sector, and throws in a random question to keep them on their toes. This time around, our five questions go to Prem Patel, VP, Managing Director at Catalina UK.
Check out our LinkedIn page here.
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