Tag Archives: Retailing

13Jul/21

Three in five young people from lower income households think their life goals are unachievable

Tesco –7 July 2021

• New report finds that post-pandemic young people nationwide have lowered their ambitions

• ‘Outlook inequality’ is holding many back. Young people from lower income families have less optimism, less career ambition and feel less equipped to compete in the job market

• Tesco commits to help over 45,000 young people jumpstart their career and build employability skills in partnership with The Prince’s Trust
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22Feb/21

Majid Al Futtaim Taps IBM Food Trust to Deliver Food Traceability Across Carrefour Stores Using Blockchain Technology

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

03Oct/20

AutoStore sues Ocado for infringing technology patents central to the Ocado Smart Platform

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

08Nov/17

Big U.S. retailers tap brakes on orders

U.S. department stores are ordering less this holiday season to keep their inventory costs down. Roselle Chen reports. Continue reading

07Aug/17

Nigerian innovator uses app to fight food waste

Nigerian engineer Oscar Ekponimo has created a web app that could help beat hunger. The app connects disadvantaged communities with stores and non-governmental organisations; giving them an opportunity to buy food approaching the end of its shelf life at a discount.

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16Apr/17

China’s Alibaba to build cyber Silk Road by creating global e-commerce platforms

China Central Television (CCTV) – China’s e-commerce giant Alibaba Group has been developing cross-border e-commerce platforms in countries along the Silk Road Economic Belt and the 21st-Century Maritime Silk Road, promoting the idea of building a “cyber Silk Road”.
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28Mar/17

Amazon buys Souq.com

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