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Akeneo aims to transform the retail playbook with AI and data consistency

CIO

Australian retailers have spent much of the last few years buffeted by economic challenges. A rebound is on the horizon, which means a substantial opportunity for growth for those retailers that can get ahead of the curve. Many retailers are looking to AI for that competitive advantage.

Retail 158
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7 Reasons Why Custom Demand Forecasting Is Essential for Retail

Xebia

In today’s highly competitive retail landscape, demand forecasting is more critical than ever. Retailers need to predict product demand accurately to avoid stockouts, reduce overstock, and optimize their supply chains. Handling Complex, Large-Scale Data The sheer volume of data in large retail operations presents challenges.

Retail 130
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Alerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online

TechCrunch

Today’s news is from Alerzo , a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. Adewale Opaleye founded Alerzo in 2018 as a last-mile distribution platform that helps retailers stock inventory directly from manufacturers. In fact, it might be the second-best thing after fintech at the moment.

Retail 363
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YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

TechCrunch

As a last-mile distribution e-commerce company, JABU joins a list of startups across the continent that help small retailers order and stock their products and, at the same time, provide data-driven services to suppliers and manufacturers. Merchandising and targeted marketing and advertising also bring in bucks for the company.

Retail 354
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The Retailer’s Playbook for Customer Acquisition

The economic disruption of 2020 has left retailers facing a host of barriers to growth. We developed this guide to help retailers build a data-centric acquisition program that lowers their acquisition costs, eliminates wasteful spending, attracts high-value customers and provides a competitive advantage in a tight market.

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Nigerian retail automation platform Bumpa raises $4M, led by Base10 Partners

TechCrunch

The company, which announced a $200,000 pre-seed last September , said it intends to use the investment to hire talent, build up its processes, structure, and scale into new African markets. Most of them have fintech elements; we are not trying to be fintech — we’re in the retail automation space,” CEO Umechukwu expressed.

Retail 363
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Competition is stiff, but retailers know what it takes to compete

CIO

Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today.

Retail 97
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Cloud-Based Solutions: The Sky Is the Limit for Retail Success

Speaker: Ryan Bryers, SVP of Global Engineering

In a rapidly evolving industry, the shift from traditional on-premise systems to cloud-based solutions has become crucial for retail success. While many businesses still rely on store-level infrastructure, it's time to embrace the unlimited potential of the cloud! Save your seat today! July 26th, 2023 at 9:30am PDT, 12:30pm EDT, 5:30pm BST

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The Retailer’s Guide to Marketing Data

Retailers are faced with extraordinary new challenges – from changing consumer needs to unpredictable twists & turns in the economy. Download this whitepaper to learn how innovative retailers use zero-, first-, second-, and third-party data to find their best customers and drive repeat purchases.

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The Empowered Consumer

Across the retail sector, organizations are facing a new challenge in the form of the empowered consumer. Predicting the next CRM state, which can inform the strategy of future marketing communications. Predicting the next order based on prior purchase history.