Simbe, a leading provider of retail automation solutions, recently announced a substantial achievement in securing $50 million in Series C equity financing. This funding milestone was primarily driven by Growth Equity at Goldman Sachs Alternatives, with notable participation from Eclipse, Valo
The retail industry is experiencing a technological transformation, embracing advancements like artificial intelligence (AI) and automation to stay competitive. Central to this shift is the role of data in powering efficient automation. However, a significant challenge lies in the data deserts
As the Internet of Things (IoT) transitions from nascent technology to mainstream application, its impact on the retail industry becomes increasingly pronounced. With a focus on cellular IoT, connectivity, and future projections, this article delves into how IoT is reshaping retail landscapes. The
The adoption of Artificial Intelligence (AI) in New Zealand's retail sector is currently lagging behind its counterparts in Singapore and Australia, raising concerns about the future competitiveness of the industry. Despite the proven advantages of AI in efficiency and customer experience, New
Customers who frequent Aldi stores have recently unearthed an inconvenient truth about their self-checkout systems — discounts and promotions are not automatically applied. This discovery has led to heightened consumer concern, causing some to reevaluate their checkout options. The Discovery: A S
GreyOrange, a prominent provider of supply chain robotics and AI technology, has launched a pioneering virtual shielding technology termed SoftFence, accessible via their gStore retail software as a service (SaaS) platform. Designed to elevate store execution, gStore facilitates real-time inventory
