Thursday , June 20 2019
Latest News

Walmart’s Intelligent Retail Lab Shows us the Future of Retail

This article was original written and published by Matt Smith via Walmart here. Over the past few months, a Walmart Neighborhood Market in Levittown, New York, has been quietly transforming. With artificial intelligence-enabled cameras, interactive displays and a massive data center, this store suggests a retail future that seems like science fiction. But …

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Woolworths and Dept. of Trade and Industry Launch the Largest Food Manufacturing Facility in Southern Hemisphere

Zyda Rylands, CEO of Woolworths South Africa, together with the Department of Trade and Industry (‘the dti’) and the Gauteng Provincial Government officially opened the doors of In2food’s new 22 700m² food production facility in the OR Tambo Special Economic Zone in Johannesburg. As the largest and most diverse ultra-fresh …

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E-commerce Research from inRiver Reveals Generational Trends in Shopping Preferences

New research from inRiver reveals 55% of shoppers research products online while in store, and this number is higher for 16-24 (nearly 70%) and 25-34 (67%) age groups. Leading product information management company, inRiver, has unveiled a research report that focuses on the generational differences in consumer shopping habits and …

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Kenya Online Restaurant Platform Partners Indian Firm to Expand Foot Print in East Africa

EatOut, a Kenyan based eatery discovery service has partnered DineOut, Indian firm in the launch of a regional restaurant platform dubbed as InResto as they seek to tap a wider market in the regional expansion drive. According to a report by Business Daily, the partnership will see EatOut launch the …

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ZAMBEEF’S Northen Region Distribution Centre Goes Online

Zambeef’s Kitwe Processing Plant to decentralise operations and further increase company’s efficiencies on the Copperbelt and neighbouring markets Zambeef Products’ new Kitwe Processing Plant is set to decentralise some of the food retailer’s operations and logistics from its base at Huntley Farm in Chisamba in a move to streamline operations, …

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Shoprite Nigeria Lauded for Promoting Cashless Transactions

In a first for the retailer, Shoprite Nigeria was among the winners at this year’s Electronic Payment Incentive Scheme (EPIS) Efficiency Awards. The retailer won in the category Merchants (Point of Sale) for recording the highest volume of cashless transactions in 2018. The EPIS Efficiency Awards celebrate, among others, financial …

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AlipayHK Collaborates with McDonald’s Hong Kong to Steer Digital Transformation in Catering Industry

With ubiquitous popularity on cashless payment services, AlipayHK has partnered with a plethora of merchants to engage users to harness the convenience of mobile payment. Today AlipayHK has collaborated with McDonald’s Hong Kong to steer profound digital transformation in catering industry – of which AlipayHK users can use the e-wallets …

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RCL Foods Reports on Performance Headlines, Financial Highlights and Prospects

RCL FOODS has reported that headline earnings for the six months ended December 2018 decreased by 26.3% to R475,1 million (December 2017: R644,7 million). The decline was largely a result of significant challenges within the Sugar and Chicken categories due to dumped imports which resulted in oversupply and lower realised prices. …

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Mastercard and Jumia Expand Relationship to Accelerate E-commerce Growth in Africa

Jumia, the leading pan-African e-commerce platform, today announced that Mastercard has agreed, subject to certain conditions, to become an investor and form a strategic partnership to grow e-commerce operations and support the digital transformation of the continent. Currently, e-commerce is nascent in Africa and accounts for less than 1% of …

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H&M New Store Openings Confirm Commitment to SA Economy & Ongoing Sustainability

Despite a subdued outlook for the South African retail sector in 2019, global fashion retailer H&M has firmly underlined its ongoing commitment to the local retail market with the announcement of three new store openings, this along with several local partnerships placing strong emphasis on the brand’s ongoing sustainability work. …

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