Retail stories - Page 40

Melbourne-based Directo has launched a $3 million capital raise to boost its growth, having onboarded 54% of Australian pharmacies and doubled its revenue.

ReturnBear expands into the UK, launching reverse logistics solutions on July 1 to help brands manage cross-border e-commerce returns efficiently.

Hyconnext launches the NextWav 2.5G PoE Series, which addresses power allocation and device compatibility for enterprises and is priced at USD $1,299.

Singapore’s StarHub has achieved 184th place in the inaugural FORTUNE Southeast Asia 500 list for 2023, marking a notable revenue-based ranking.

Xtend launches an AI-driven suite to boost lower marketing funnel conversions in sectors like e-commerce, fintech, and travel, promising significant revenue gains and reduced acquisition costs.

Linnworks' partnership with Spreetail Europe has dramatically improved ecommerce efficiency, cutting project timelines from three months to three weeks and enhancing market reach.

Cegid integrates generative AI into its Cegid Retail solutions, showcased at Cegid Connections Retail in Rome, aiming to transform retail with intelligent agents.

espresso Displays partners with JB Hi-Fi to retail its touchscreen displays across over 100 locations in Australia and New Zealand, enhancing reach and product accessibility.

Manhattan Associates' Unified Commerce Benchmark for Specialty Retail unveils key findings from Singapore's retail sector, spotlighting leaders like Nike, Adidas, and Dior.

A new report reveals a resistance to change and reliance on legacy technology are major hurdles to core banking modernisation, putting them at risk.

APAC's ad market is set to grow 8.5% to USD $289 billion in 2024, amid rising AI-driven ad fraud and evolving media quality trends.

In the face of economic uncertainty and global competition, retailers are turning to multichannel marketing to engage customers, boost sales, and enhance ROI.

ASUS has unveiled the AI-powered Vivobook S 15 in collaboration with Microsoft and Qualcomm, retailing at AUD $2,699. The 15.6-inch OLED laptop boosts productivity with integrated Copilot+ PC technology.

Endava has expanded its partnership with Google Cloud to offer tailored AI, cloud modernisation, and app migration services across Australia, New Zealand, and Southeast Asia.

Crew Clothing expands its partnership with Cegid to introduce a Newsfeed feature, enhancing communication across its 105 stores and streamlining operations.

Logitech unveils Keys-To-Go 2, an ultra-portable wireless keyboard for various devices. Priced at NZD $149.95, this eco-friendly keyboard enhances mobile productivity.

Infosys has unveiled Infosys Aster, an AI-amplified suite of marketing services designed to boost brand experiences and efficiency, aiming to drive business growth.

At WWDC, Apple unveiled Apple Intelligence, enhancing Siri with deeper AI integration for personalised user interaction.

Retailers are wrestling with economic pressures and global competition; leveraging loyalty programs has emerged as a crucial strategy to retain customers and boost sales in 2024.

AI-powered ecommerce search platform Constructor raises USD $25 million in Series B, nearly tripling its valuation to USD $550 million. Sapphire Ventures leads the round.