Related Articles
Albertsons Media Collective
Albertsons Media Collective, the retail media arm of Albertsons Companies, has announced the launch of its in-store digital display network during the Cannes Lions International Festival of Creativity in France.
In partnership with STRATACACHE, Albertsons Media Collective will power its new solution through a fleet of digital screens, with the aim of promoting product discovery and creating media offerings that allow brand partners of all sizes to engage their customers.
“We’ve identified a significant opportunity to enhance our in-store customers’ shopping experience by delivering relevant and impactful messaging at the point of purchase,” says Jennifer Saenz, Chief Commercial Officer at Albertsons Cos. “Our partnership with STRATACACHE enables brand partners to engage directly with our shoppers at this key moment, providing them with compelling offers, meal inspiration and timely information.”
A pilot will launch this summer in select Albertsons Cos. stores in two key regions, featuring large format premium displays in high traffic areas at impactful touchpoints during the customer journey, such as the entrance and produce department.
Five Below
Invent.ai has been selected by US retailer Five Below to optimise demand forecasting and replenishment through AI driven technology.
Five Below currently operates over 1,800 stores in the United States. It needed an inventory optimisation solution that could account for its diverse product categories and objectives, and opted for invent.ai’s retail planning suite.
“Invent.ai has been a game-changer for our operations, helping streamline replenishment processes across a wide range of product categories and a large store network,” says Graham Poliner, Chief Strategy and Analytics Officer at Five Below.
“We expect invent.ai’s algorithms to continue to help us optimise inventory levels, reduce stockouts and overstocking while ensuring that each location has the right products at the right time. The invent.ai team has been an exceptional partner, working closely with Five Below to tailor the capabilities to our unique needs.”
IGA
VusionGroup reports installation of its electronic shelf label (ESL) solution for grocery retailer, IGA, with over 8,500 of these deployed across its French’s Forest store, located north of Brisbane, Australia.
This automates pricing and promotions across all categories, streamlining operations and giving staff more time to focus on stock management and delivering exceptional customer service.
In a LinkedIn post, John Koy, Senior Account Executive at VusionGroup, said: “What makes this project even more special is that IGA French’s Forest reopened on 14th May, just a year after a devastating fire tore through the complex. Store owner Joseph set us the challenge of delivering the entire project in just 4 weeks – and we’re thrilled to have met that deadline, ensuring the store was ready for the grand re-opening.”
“A big thank you to WorldSmart for their support, to Metcash for their invaluable guidance, Think Retail & Design for their creative work, and to the Strikeforce AMC Team for their excellent support with the installation. Congratulations to Joseph and his team on the re-opening and here’s to a bright future with smarter, more efficient retail.”
THG Ingenuity
THG Ingenuity’s THG Fulfil offshoot has announced a partnership with robotics provider, Libiao, which, it claims, is set to boost its capacity by 75%.
430 T-sorting robots will be operational at its Manchester warehouse facility in September, prividing THG Fulfil with the capacity to output c1 million units per day, a move that boosts its ability to manage peak demand ahead of the holiday season.
Tom Killeen, COO, THG Ingenuity, says: “We have always believed that fulfilment is a core driver of customer excellence and brand reputation. Our collaboration with Libiao further solidifies our commitment to providing brands and retailers with industry leading, scalable automation solutions that optimise everything from pick and pack to final mile delivery, ultimately enhancing customer experience and driving loyalty.”
“Our unique approach, which often sees 95% of all units sold moving through some form of automation, combined with our late NDD cut-off times of up to 1am, is truly what sets us apart. We are committed to investing in the future of logistics, while empowering our clients to meet and exceed evolving consumer expectations with unparalleled efficiency.”
Oh Polly
Algolia, an AI native search and discovery platform, has announced a collaboration with Oh Polly, an online destination for women’s fashion.
Lauren Muir, Product Owner at Oh Polly, says: “We’re dedicated to offering customers ‘something a little bit extra,’ and we knew our search experience had to embody that same commitment. In just six days, Algolia transformed our search performance, driving significant improvements across our key metrics and taking our customer experience to the next level.”
Oh Polly shoppers using Algolia’s AI powered search convert at 3.5x the rate, with an average purchase value 172% higher, and a bounce rate that is 144% lower than those that don’t.
Algolia’s Dynamic Re-Ranking feature boosts Oh Polly’s search results, automatically enhancing relevancy without the need for manual intervention. With more time on their hands, Oh Polly’s e-commerce team now focuses on unlocking valuable insights from Algolia’s customer search data – insights that were previously out of reach.
Ocado Group and Bon Preu
Ocado Group and Bon Preu have announced an expansion of their partnership, with plans to construct a customer fulfilment centre (CFC) in Parets del Vallès, near Barcelona, to serve customers in the Catalonia region.
Bon Preu was Ocado’s first international partner, signing a deal in 2017 to grow an online proposition in Catalonia, drawing on the latter’s experience as an online and logistics operator in the UK. It has deployed Ocado’s technology across its e-commerce supply chain.
Gregor Ulitzka, Europe President at Ocado Solutions, says: “Today is an exciting moment as we enter a new phase with our longest standing international partner. Our partnership with Bon Preu is an amazing example of a retailer using the full strategic toolkit that we offer.”
“They have already developed a market leading online proposition in Catalonia with Ocado’s In-Store Fulfilment technology and will now benefit from a highly automated CFC, offering an enhanced customer proposition and a significantly lower cost-to-serve. We look forward to continuing to work together to deliver unbeatable experiences online to customers in the Catalonia region.”
Source link
