Hilco Consumer-Retail has finalized its acquisition of HanesBrands' Hanes Outlet and Maidenform stores as of July 27, marking a significant shift in the retail landscape for both companies. While the specifics of the deal, such as the financial terms and the exact number of stores involved, were
Every summer, retail giants brace for one of the most anticipated events of the year—Amazon Prime Day. This sales bonanza has not only created a stir but has also set the benchmark for other summer sales events. With its significant impact on consumer shopping behaviors and impressive sales growth,
Google recently launched its Pixel 9 Series, including the Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, and Pixel 9 Pro Fold, along with the Pixel Watch 3 and Pixel Buds Pro 2. These new devices were introduced on August 13, 2024, and are set to be distributed through multiple channels in India, including
The advent of automation in retail has reached a groundbreaking milestone with the unveiling of AI robots by the Japanese company Telexistence. Dubbed the "Model T," these robots are poised to revolutionize retail operations by enhancing efficiency and addressing significant workforce challenges in
In a move that could potentially become London's largest listing in over a decade, Shein has made a confidential filing with UK regulators for a possible Initial Public Offering (IPO) in London, expected to be valued at approximately £50 billion ($63 billion). However, this plan remains subject to
In today’s digital age, securing data has become paramount as cyber threats continue to evolve, necessitating advanced defense mechanisms to protect critical information assets. One such advanced defense mechanism gaining traction is the use of immutable data technologies. These systems are
Salesforce, a giant in the Customer Relationship Management (CRM) software industry, has entered into a definitive agreement to acquire PredictSpring, a cloud-based point-of-sale (PoS) software startup. This acquisition aims to augment Salesforce's existing Customer 360 capabilities and strengthen
In a notable development within the retail technology sector, SymphonyAI, an enterprise AI SaaS company, is expanding its partnership with Mid-Atlantic food retailer Weis Markets. Through this extended collaboration, SymphonyAI's cutting-edge CINDE AI technology will provide Weis Markets with
Walmart, one of the world’s largest retailers, is making significant strides in modernizing its supply chain operations. With the recent announcement of five new automated fresh food distribution centers, the retail giant aims to leverage cutting-edge technology to enhance efficiency, accuracy, and
As businesses increasingly rely on interconnected devices for operational efficiency, the need for streamlined and cost-effective IoT connectivity solutions has never been greater. Enter OptConnect's latest innovation—the ema:USB modem. Hailed as the world's first smart USB modem designed to
