Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia – owner and operator of the Carrefour franchise in these regions – and IBM (NYSE: IBM) today announced that Majid Al Futtaim has joined IBM Food Trust, a blockchain-enabled global ecosystem for the food industry run on IBM Cloud. Continue reading
AutoStore, the pioneer and global leader in automated storage and retrieval systems (AS/RS), today filed patent infringement lawsuits in the United States and the United Kingdom against the UK FTSE 100-listed online grocery retailer and technology company, Ocado Group Plc.
AutoStore is seeking court orders barring Ocado and its partner, Tharsus Group (of Blyth, UK), from manufacturing, importing, using and selling technology that infringes AutoStore’s patents, as well as monetary damages. Ocado has signed agreements with retailers such as Kroger (US), Marks & Spencer (UK), and Morrisons (UK) that rely on the continued infringement of AutoStore’s intellectual property. Read more
“Hey, Alexa! OK, Google! I want a Slurpee drink. Open 7NOW.” 7-Eleven, Inc. continues to redefine convenience retailing with the launch of 7Voice, which allows customers to place an order through its 7NOW® delivery app via the voice-controlled Google Home and Amazon Echo systems. Read More
U.S. department stores are ordering less this holiday season to keep their inventory costs down. Roselle Chen reports. Continue reading
Amazon is looking for a location to build its second headquarters in North America that would cost more than $5 billion and house up to 50,000 staff. Fred Katayama reports. Continue reading
Amazon is developing new technologies to make ready-to-eat meals that are more nutritious than processed foods and have a longer shelf life. Havovi Cooper reports. Continue reading
The deal will accelerate the company’s entry into the Middle East e-commerce market. Amazon separately launched a drive-in grocery service, as Fred Katayama reports. Continue reading
This is the first festive partnership at Harrods, and to mark the occasion Lily switched on both, the lights of Harrods’ iconic storefront windows and the first ever Harrods Christmas tree Continue reading
All you need is a phone in Sweden’s brand new do-it-yourself grocery store. Customers use their phone to enter the store and pay for groceries without any customer service.
(Reuters Business Report) – Barnes and Noble Education making its debut on the New York Stock Exchange. The spinoff of the bookstore chain’s college bookstore business having a tough first day of trading. The stock, ticker BNED, under pressure.