Akt London, a British natural deodorant brand founded by West End performers Andy Coxon and Ed Currie, is at a pivotal stage in its development, marked by a recent infusion of $7 million in funding from Felix Capital. This latest round of investment brings the company's total funding since its
John Lewis, a renowned British department store, has continually strived to maintain its competitive edge in the fast-evolving retail market. In recent years, the company has adopted a forward-thinking approach by integrating artificial intelligence (AI) and technological solutions into its
The significant rise of retail fraud, particularly account takeover fraud, has been troubling online retailers in sectors such as fashion and luxury goods. Data from Cifas, the UK’s leading fraud prevention service, shows a staggering 142% increase in cases filed to the UK's National Fraud D
The retail industry is undergoing a technological revolution, driven by the adoption of the Internet of Things (IoT). This transformation offers innovative solutions to enhance customer experiences and streamline operations. By 2032, the IoT in retail market is forecasted to skyrocket to USD 296.67
In a recent move reflecting both strategic flexibility and practical constraints, Sweetgreen Inc. has dialed back its plan to fully automate all of its restaurants by 2028. Known for its healthy fast-casual dining, the company had initially introduced the Infinite Kitchen model, leveraging
Delta Galil Industries, a distinguished producer of branded and private label intimate, activewear, loungewear, and denim apparel, has entered into a strategic 50/50 joint venture with Reliance Retail Ventures Ltd., a titan in India's retail sector. This groundbreaking collaboration aims to
